Markets – Page 20 – Thinking Port

Small Modular Reactors Have High-Level Support

October 17, 2019 admin Business, DOE, Environmental, International, Legal & Regulatory, Legislative, Markets, news, Nuclear, nuclear power, nuclear waste, Plant Design, rick perry, Small Modular Reactor, smr, Technology, wcs, wipp, Yucca Mountain

Credit to Author: Aaron Larson| Date: Thu, 17 Oct 2019 13:03:58 +0000

The post Small Modular Reactors Have High-Level Support appeared first on POWER Magazine.

U.S. Department of Energy (DOE) Secretary Rick Perry is headed to Brussels, Belgium, to promote small modular reactor (SMR) concepts to European Union (EU) prospects. Perry will be a featured speaker during the “1st U.S.-EU High-Level Industrial Forum on Small Modular Reactors,” which will be held Oct. 21. “The U.S. and the EU share a […]

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Magazines

Distress and Deals Continue to Persist in Energy Sector

October 7, 2019 admin acquisition, Business, Coal, deal, distributed energy, distributed power, Energy, Energy Storage, ep, exploration, finance, Fuel, Gas, m&a, Markets, merger, news, Nuclear, power, production, Renewables, Solar, solic capital advisors, Wind

Credit to Author: Aaron Larson| Date: Mon, 07 Oct 2019 20:11:59 +0000

The post Distress and Deals Continue to Persist in Energy Sector appeared first on POWER Magazine.

At the end of last year, the power market began to lose steam. The credit market wasn’t as strong as it was at the start of the year and many people began speculating “doom and gloom” for the market. However, over the last few months, the power market has picked up and is beginning to […]

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Magazines

Small Modular Reactors Gain Momentum in Europe

October 3, 2019 admin Business, bwrx-300, Czech Republic, Estonia, ge hitachi nuclear energy, geh, International, Markets, news, Nuclear, NuScale, Plant Design, Small Modular Reactor, smr, Technology

Credit to Author: Aaron Larson| Date: Thu, 03 Oct 2019 13:47:32 +0000

The post Small Modular Reactors Gain Momentum in Europe appeared first on POWER Magazine.

GE Hitachi Nuclear Energy (GEH) and NuScale Power, two leading companies in the race to build small modular reactors (SMRs) for power generation, have recently announced deals that could result to new plants being constructed in Europe. Feasibility Studies in Estonia GEH on Oct. 3 said it had signed an agreement with Fermi Energia OÜ, […]

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Magazines

Competitive Advantages: Power Plant Wins with Low Fuel Costs, High Efficiency

October 1, 2019 admin Business, combined cycle, Gas, gas turbine, International, kokosing industrial, lordstown, lordstown energy center, marcellus, Markets, natural gas, news, Ohio, Plant Design, shale gas, siemens, Technology, top plant, utica

Credit to Author: POWER| Date: Tue, 01 Oct 2019 00:00:00 +0000

The post Competitive Advantages: Power Plant Wins with Low Fuel Costs, High Efficiency appeared first on POWER Magazine.

The cost of fuel is one of the most important factors affecting power plant profitability, but flexibility and efficiency are also vitally important to success. One impressive new plant in Ohio—the Lordstown

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Magazines

Redefining Modern Gas Power: Lackawanna Energy Center

October 1, 2019 admin Business, Gas, gas technology, ge, ha gas turbines, invenergy, kiewit, kpc, lackawanna, Markets, news, Pennsylvania, pjm, single shaft, Technology, top plant

Credit to Author: POWER| Date: Tue, 01 Oct 2019 00:00:00 +0000

The post Redefining Modern Gas Power: Lackawanna Energy Center appeared first on POWER Magazine.

To endure a highly competitive and rapidly changing marketplace, Invenergy made the bold choice as it developed the 1,480-MW Lackawanna Energy Center in Jessup, Pennsylvania, to pair a first-of-its-kind

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Magazines

ENGIE, Microsoft Seal Innovative ‘Firm Power’ PPA for 230 MW Wind and Solar in Texas

September 26, 2019 admin Business, connected plant, engie, firm power, iiot, iiot power, International, Markets, microsoft, news, ppa, Renewables, renewables procurement, Solar, Technology, texas, vfa, Wind

Credit to Author: Sonal Patel| Date: Thu, 26 Sep 2019 15:03:14 +0000

The post ENGIE, Microsoft Seal Innovative ‘Firm Power’ PPA for 230 MW Wind and Solar in Texas appeared first on POWER Magazine.

ENGIE, the world’s largest independent power producer, has signed an innovative volume firming agreement (VMA) with Microsoft that will allow the technology giant to buy “firm” power from wind and solar projects in Texas under a specially structured power purchase agreement (PPA). The companies on Sept. 24 said the long-term PPA will allow Microsoft to […]

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Magazines

NRG Aligns Carbon Goals with 1.5-Degree-C Climate Trajectory

September 26, 2019 admin 1.5-degree, AEP, Business, ceres, climate change, climate goals, climate risks, Coal, duke energy, Environmental, Gas, International, Markets, news, Paris, Renewables, science-based climate targets

Credit to Author: Sonal Patel| Date: Thu, 26 Sep 2019 13:11:45 +0000

The post NRG Aligns Carbon Goals with 1.5-Degree-C Climate Trajectory appeared first on POWER Magazine.

NRG Energy has joined a growing list of major U.S. coal generators that want to achieve net-zero greenhouse gas (GHG) emissions by 2050. The Princeton, New Jersey-based energy company on Sept. 24 said it would accelerate carbon goals it set in 2014 to reach its 50% GHG reduction target (from a 2014 baseline) by 2025—not […]

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Magazines

Texas’ Impending Reliability Issues With Wind Power

September 19, 2019 admin Bloomberg, Coal, Commentary, ercot, Gas, georgetown, Markets, Renewables, texas, Wind

Credit to Author: Darrell Proctor| Date: Thu, 19 Sep 2019 18:16:41 +0000

The post Texas’ Impending Reliability Issues With Wind Power appeared first on POWER Magazine.

COMMENTARY Texas has the most wind capacity of any state, generating about 16% of its electricity from wind. In August, as temperatures rose above 100F and consumers increased their use of air conditioning, Texas’ grid operators struggled to meet the record demand for electricity. Many of the wind turbines could not operate because the wind […]

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Magazines

Duke Energy, American Electric Power Separately Seeking to Go Net-Zero Carbon by 2050

September 19, 2019 admin AEP, carbon dioxide, ceres, climate change, Coal, dan bakal, decarbonization, duke, emissions, Environmental, Gas, Markets, net-zero, news, Nuclear, opportunity, Paris, Renewables, risks

Credit to Author: Sonal Patel| Date: Thu, 19 Sep 2019 14:11:08 +0000

The post Duke Energy, American Electric Power Separately Seeking to Go Net-Zero Carbon by 2050 appeared first on POWER Magazine.

Two formidable U.S. coal power generators this week separately revised their their carbon dioxide emissions reduction targets. Duke Energy announced it would achieve net-zero carbon emissions by 2050. American Electric Power (AEP), meanwhile, said it would extend its target from 60% to 70% from 2000 levels by 2030, and by more than 80% by 2050—but […]

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Magazines

IHS: Natural Gas Prices Will Fall Below $2/MMBtu in 2020

September 12, 2019 admin Business, exports, Gas, gas prices, ihs, International, lng, Markets, news, permian basin

Credit to Author: Sonal Patel| Date: Thu, 12 Sep 2019 14:38:18 +0000

The post IHS: Natural Gas Prices Will Fall Below $2/MMBtu in 2020 appeared first on POWER Magazine.

Average natural gas prices at Henry Hub in 2020 could fall to below $2/MMBtu —a level “not seen in decades”—owing to a persistent oversupply, a new report from information and analytics firm IHS Markit suggests. Prices could fall despite strong demand for natural gas, both domestically, including for power generation, as well as for exports. […]

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