Sunday, December 29, 2024

Thinking Port

Another port for thinking people…

Gas

Magazines 

PJM Capacity Auction Prices Surge Over Nine-Fold, Signal Urgent Need for New Power Generation

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Credit to Author: Sonal Patel| Date: Wed, 31 Jul 2024 14:55:13 +0000

Prices at PJM Interconnection’s 2025/2026 base residual auction (BRA) spiked to $269.92/MW-day for most resources in the wholesale power market, pointing to a tightening supply-demand balance that could have significant […]

The post PJM Capacity Auction Prices Surge Over Nine-Fold, Signal Urgent Need for New Power Generation appeared first on POWER Magazine.

Clearing price results in PJM’s Base Residual Auction (BRA) from delivery year 2007/2008 to 2024/2025. Courtesy: PJM

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Magazines 

Japan Utility Will Bring 2.34-GW Gas-Fired Plant Online Ahead of Schedule

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Credit to Author: Darrell Proctor| Date: Sun, 28 Jul 2024 02:28:52 +0000

Japan’s largest utility said it will start the first of three units at a new natural gas-fired power plant near Tokyo in an effort to provide more electricity during the […]

The post Japan Utility Will Bring 2.34-GW Gas-Fired Plant Online Ahead of Schedule appeared first on POWER Magazine.

Jera-nears-launch-of-first-new-LNG-unit-at-Goi-power-station

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Magazines 

California, Pacific Northwest Hydrogen Hubs Secure First Tranche of $7B Federal Awards

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Credit to Author: Sonal Patel| Date: Fri, 26 Jul 2024 16:30:17 +0000

The California Hydrogen Hub and the Pacific Northwest Hydrogen Hub have garnered a combined $57.5 million in the first tranche of funding under the Department of Energy’s (DOE’s) $7 billion […]

The post California, Pacific Northwest Hydrogen Hubs Secure First Tranche of $7B Federal Awards appeared first on POWER Magazine.

The seven H2Hubs will be in different regions across the U.S. Source: DOE OCED

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Magazines 

Landrieu: Natural Gas Is ‘Not the Enemy, It Is Part of the Solution’ to Achieving Climate Goals

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Credit to Author: Aaron Larson| Date: Thu, 25 Jul 2024 18:52:44 +0000

Former U.S. Sen. Mary Landrieu (D-La.), who is now a senior policy advisor for the law firm Van Ness Feldman and co-chair of the Natural Allies Leadership Council, is keen […]

The post Landrieu: Natural Gas Is ‘Not the Enemy, It Is Part of the Solution’ to Achieving Climate Goals appeared first on POWER Magazine.

natural gas plant_shutterstock_132921929

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Magazines 

Colorado Power Provider Will Add 760 MW of Renewable Energy

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Credit to Author: Contributed Content| Date: Thu, 25 Jul 2024 18:51:31 +0000

Platte River Power Authority’s board of directors approved the utility’s 2024 Integrated Resource Plan (IRP) on July 25, including the recommended “optimal new carbon” portfolio that adds 760 MW of […]

The post Colorado Power Provider Will Add 760 MW of Renewable Energy appeared first on POWER Magazine.

renewable-energy-generation-Envato

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Federal Court Rejects Stay on EPA’s Carbon Pollution Standards in Setback for Power Industry

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Credit to Author: Sonal Patel| Date: Tue, 23 Jul 2024 22:06:36 +0000

The U.S. Court of Appeals for the District of Columbia has denied motions to stay a suite of Environmental Protection Agency (EPA) regulations that champion carbon capture and storage (CCS) […]

The post Federal Court Rejects Stay on EPA’s Carbon Pollution Standards in Setback for Power Industry appeared first on POWER Magazine.

Fig1-petra-nova-carbon-capture-CCS

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Magazines 

Shifting from Coal to Gas: One Co-op’s Award-Winning Journey

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Credit to Author: Aaron Larson| Date: Wed, 17 Jul 2024 20:03:23 +0000

In 2018, Cooperative Energy, a generation and transmission co-op headquartered in Hattiesburg, Mississippi, had an issue to deal with. Several years earlier, it had joined the Midcontinent Independent System Operator […]

The post Shifting from Coal to Gas: One Co-op’s Award-Winning Journey appeared first on POWER Magazine.

Burns & McDonnell collaborated with Cooperative Energy to repower the R.D. Morrow, Sr. Generating Station with Siemens 9000HL turbine technology, boosting capacity to 572 MW and completing the project under budget with zero safety incidents.

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Magazines 

Price Swings Mean Coal May Replace Natural Gas in European Power Mix This Winter

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Credit to Author: Darrell Proctor| Date: Thu, 11 Jul 2024 18:17:51 +0000

Higher prices for natural gas across Europe mean some countries, particularly in Eastern Europe, likely will burn more coal for power generation during the upcoming winter season. Coal remains a […]

The post Price Swings Mean Coal May Replace Natural Gas in European Power Mix This Winter appeared first on POWER Magazine.

Coal_free image from Rawpixel

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Largest Maine Natural Gas Provider Acquiring Second-Largest Supplier

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Credit to Author: Darrell Proctor| Date: Tue, 09 Jul 2024 18:42:13 +0000

Unitil Corp., the largest provider of natural gas in Maine, on July 9 said it has a deal to purchase Bangor Natural Gas Co., which has been the state’s No. […]

The post Largest Maine Natural Gas Provider Acquiring Second-Largest Supplier appeared first on POWER Magazine.

unitil-truck-

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Group Expects Huge Jump in Global Revenue for Hydrogen-Capable Gas Turbines

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Credit to Author: Contributed Content| Date: Tue, 02 Jul 2024 15:40:06 +0000

A new report from Guidehouse Insights, the Colorado-based dedicated market intelligence arm of Guidehouse, estimates global revenue for hydrogen-capable gas turbines (HGTs) will grow to more than $7 billion by […]

The post Group Expects Huge Jump in Global Revenue for Hydrogen-Capable Gas Turbines appeared first on POWER Magazine.

Hydrogen Pipeline Shutterstock

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