Power Grid – Page 41 – Oil & Gas 360

Talen Energy to be Acquired by Riverstone in $5 Billion Transaction

June 3, 2016

ALLENTOWN, Pa., June 3, 2016 /PRNewswire/ — Talen Energy Corporation (NYSE: TLN), a competitive energy and power generation company that owns or controls 16,000 megawatts of capacity in eight states, announced today that it has entered into a definitive merger agreement with affiliates of Riverstone Holdings LLC (“Riverstone”), a private investment firm. Under terms of the merger agreement, all outstanding shares of Talen Energy

D.C. Court Delays Clean Power Plan Hearing by more than Three Months

May 19, 2016

D.C. court makes rare decision to bypass three-judge panel for Clean Power Plan review In an unusual move, the D.C. Circuit Court of Appeals announced that oral arguments to assess the merits of the EPA’s Clean Power Plan will now take place before a nine-judge panel, bypassing review of challenges by a three-judge panel. The original three-judge panel was scheduled

Switch to NatGas Delivers Lowest CO2 Emissions from Electricity Generation Since 1993

May 16, 2016

Natural Gas: the environmental movement’s strongest asset Double benefits of gas-fired power plants: NatGas emits less carbon dioxide per unit of electricity generation and consumes less fuel per unit of generation It shouldn’t be very long before the environmental movement is rallying kayakers to hold celebrations to thank U.S. E&P companies for their hard work and massive investments to find and

Cheniere Hires Power Generation CEO Jack Fusco

May 13, 2016

The Cheniere Energy (ticker: LNG) board of directors has appointed Jack Fusco as the company’s new CEO. Fusco came to Cheniere from Houston-based Calpine Corporation (ticker: CPN), whose website describes it as America’s largest generator of electricity from natural gas and geothermal resources–84 power plants in operation or under construction (only 3 aren’t natgas), 27,000 megawatts of generation capacity, customers

Several stalled or presumed dead energy projects are back in the driver’s seat in 2017,

A Climate Win for Natural Gas: U.S. Carbon Dioxide Output Plummets

May 9, 2016

Thanks largely to the move by power generators from coal to gas, energy-related carbon dioxide emissions sink to 12% below 2005’s levels: EIA The natural gas industry along with its electric power generation customers have scored a big win for climate change – in the category of carbon emissions reduction. Energy-related carbon dioxide emissions have fallen to a level 12% below 2005’s levels, the EIA

Wind v. Natural Gas

April 29, 2016

Wind v. natural gas. Is it a race? To create electricity you need fuel. So you have to harvest naturally occurring resources—either the ones that exist above ground or the ones that exist underground. The underground resources—the legacy ‘go-to’ fuels that generate the U.S.’s cheap baseload electricity are coal, natural gas and uranium. The three fuels are responsible for about

Longtime Questar Executives Chosen to Head Dominion Questar

April 27, 2016

RICHMOND, Va., April 27, 2016 /PRNewswire/ — Dominion (NYSE: D) has chosen longtime Questar Corp. (NYSE: STR) executive Craig C. Wagstaff to lead its western U.S. natural gas operations once the previously announced combination of Dominion and Questar is completed. Wagstaff, currently president of Questar Gas Co., will become president of Dominion Questar. He will be responsible for all current Questar

Dominion’s Newest Gas Power Plant Begins Generating Electricity – Good for Up to 1,358 Megawatts

April 26, 2016

– Station’s 1,358 megawatts can power 325,000 homes – During construction more than $824 million in economic benefits was generated – Station uses efficient technology and clean natural gas RICHMOND, Va., April 26, 2016 /PRNewswire/ — The newest member of Dominion Virginia Power’s generation fleet, the 1,358 megawatt, environmentally clean Brunswick Power Station began producing electricity for the company’s

First Zero-Emissions Natural Gas Plant Coming to a Grid Near You – Yes, It’s Powered by a Fossil Fuel

March 18, 2016

If zero-emissions technology takes off, is there a need for the environmental movement? Look out wind and solar, a North Carolina company, NET Power, LLC, has broken ground on a first-of-its-kind: a zero-emissions natural gas demonstration power plant. A collaborative effort between Exelon Generation (ticker: EXC, ExcelonCorp.com) , CB&I (ticker: CBI, cbi.com), 8 Rivers Capital (8riverscapital.com) and Toshiba (ticker: TYO, toshiba.com),

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