Markets – Page 21 – Thinking Port

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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Magazines

Three More Nuclear Plant Owners Will Demonstrate Hydrogen Production

September 11, 2019 admin aps, Business, Davis-Besse, DOE, Energy Storage, fes, hydrogen, inl, Markets, Minnesota, news, Nuclear, palo verde, Technology, xcel

Credit to Author: Sonal Patel| Date: Wed, 11 Sep 2019 23:55:08 +0000

The post Three More Nuclear Plant Owners Will Demonstrate Hydrogen Production appeared first on POWER Magazine.

FirstEnergy Solutions (FES), Xcel Energy, and Arizona Public Service (APS) will demonstrate hydrogen production at three nuclear plants they own starting in 2020 and 2021. The projects, selected as part of the Department of Energy’s (DOE’s) Office of Nuclear Energy’s Advanced Reactor Development Project funding pathway, aim to improve long-term competitiveness of the nuclear sector […]

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Magazines

New York City to Get Eight Floating Aeroderivative Gas Turbines

September 6, 2019 admin aeroderivative gas turbines, astoria, Business, dominican, Environmental, Gas, gowanus, International, Markets, NEW YORK CITY, news, Renewables, seafloat, sgt-a65, siemens

Credit to Author: Sonal Patel| Date: Fri, 06 Sep 2019 15:09:47 +0000

The post New York City to Get Eight Floating Aeroderivative Gas Turbines appeared first on POWER Magazine.

New York City may soon be powered with two new power barges outfitted with eight Siemens 76-MW aeroderivative gas turbines. Under a Sept. 5-announced contract signed by Astoria Generating Co. (AGC) and Siemens, the power barges—a relatively new Siemens offering based on a concept it calls “SeaFloat”—will replace two of four existing power barges at […]

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Magazines

2018 Exceptional Year for Nuclear Power Firsts

September 5, 2019 admin Business, climate change, Environmental, flexible operations, Gas, iaea, iea, International, load-following, Markets, news, Nuclear, nuclear power, nuclear retirements, nuclear subsidies, Technology, world nuclear association

Credit to Author: Sonal Patel| Date: Thu, 05 Sep 2019 13:18:54 +0000

The post 2018 Exceptional Year for Nuclear Power Firsts appeared first on POWER Magazine.

Last year, five of the world’s 449 operable nuclear reactors reached 50 years of operation for the first time, four first-of-their kind reactor designs were brought online, and while the industry showed capacity factor impacts from load-following, the global nuclear fleet performed at an average capacity factor of about 80%, says a new report from […]

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Magazines

Engineering a World-Class Gas Turbine [PODCAST]

September 4, 2019 admin Business, don brandt, engineering, f-class, Gas, gas turbine, ge, Markets, news, Plant Design, power podcasts, Technology, the power podcast

Credit to Author: Aaron Larson| Date: Wed, 04 Sep 2019 21:02:08 +0000

The post Engineering a World-Class Gas Turbine [PODCAST] appeared first on POWER Magazine.

GE introduced the F-class gas turbine to the power industry nearly 30 years ago. Since that time, more than 1,500 F-class machines have operated for more than 54 million hours. With available outputs ranging from 51 MW for a GE 6F.01 simple cycle unit to more than 1,000 MW for a 3×1 7F.05-based combined cycle […]

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Magazines

THE BIG PICTURE: Renewable Portfolio Standards

September 3, 2019 admin Business, climate change, climate standard, Coal, dsire, EIA, Environmental, Gas, generation profiles, Infographics, Markets, news, Nuclear, renewable portfolio standards, Renewables, rps, states, timeline, Uncategorized

Credit to Author: Tracey Lilly| Date: Tue, 03 Sep 2019 04:00:14 +0000

As of August 2019, 29 U.S. states and the District of Columbia had renewable portfolio standards (RPSs), and eight others had non-binding renewable portfolio goals. Three states also had clean energy standards, which set targets for low-carbon non-renewables, like nuclear, and two had clean energy goals. Shown in the bars are the shares of generation by source for […]

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Magazines

Public vs. Private: What’s Best for Power Customers?

September 3, 2019 admin aaron zahn, Business, cooperative, finance, Florida, investor-owned utility, jea, Legal & Regulatory, Legislative, Markets, news, public power

Credit to Author: POWER| Date: Tue, 03 Sep 2019 04:00:00 +0000

There are generally three types of electric power utility ownership structures: public power utilities, rural electric cooperatives, and investor-owned utilities (IOUs). The American Public Power Association

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Magazines

FERC’s LaFleur Decries Partisanship and Politicization

August 25, 2019 admin cheryl lafleur, Coal, commissioner, federal energy regulatory commission, ferc, Gas, Legal & Regulatory, Markets, news, Nuclear, obama administration, partisanship, Renewables, trump administration

Credit to Author: Aaron Larson| Date: Mon, 26 Aug 2019 03:30:29 +0000

“I hate to see things going out along party lines,” Cheryl LaFleur, outgoing commissioner of the Federal Energy Regulatory Commission (FERC), told POWER during an exclusive interview. “During my 35 years of watching FERC, that has not been the pattern.” During the early years of the Obama administration, “we didn’t think of ourselves as [partisan],” […]

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Magazines

Vistra May Close 2 GW of Illinois Coal Power By Year’s End

August 22, 2019 admin Business, Coal, coal closures, Environmental, Illinois, illinois epa, illinois pollution board, Markets, mps, news, NOx, pollutants, sox, vistra

Credit to Author: Sonal Patel| Date: Thu, 22 Aug 2019 14:53:13 +0000

Vistra Energy will shutter four coal-fired power plants—a total 2 GW—as required by Illinois’ recently revised Multi-Pollutant Standard (MPS) rule, but CEO Curtis Morgan noted the move was “inevitable” due to the changing regulatory environment and unfavorable economic conditions in the MISO market. The company on Aug. 21 said it will close the 54-year-old 915-MW […]

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Magazines

Power Sector CEOs Join Top Execs in Redefining Corporate Purpose

August 22, 2019 admin AEP, Business, business roundtable, captial, ceos, climate change, duke energy, Environmental, investors, Markets, news, NRG, shareholders, Southern Co.

Credit to Author: Sonal Patel| Date: Thu, 22 Aug 2019 13:36:50 +0000

The list of 181 CEOs who earlier this week moved to publicly degrade shareholder value in a bid to redefine the “purpose of a corporation” includes several chief executives from power companies. The Aug. 19 statement issued by the Business Roundtable, an association of CEOs “to promote a thriving U.S. economy and expanded opportunity for […]

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