Sunday, February 23, 2025
TC Energy to Sell Ontario Natural Gas-Fired Power Plants for US $2.18 Billion - Oil & Gas 360

TC Energy to Sell Ontario Natural Gas-Fired Power Plants for US $2.18 Billion

By Tyler Losier, Energy Reporter, Oil & Gas 360 TC Energy to sell three natural gas-fired power plants to Ontario Power Generation subsidiary for USD $2.18 billion TC Energy Corporation (stock ticker: TRP), an energy infrastructure company based out of Calgary, has entered into an agreement through its wholly-owned subsidiary, TransCanada Energy Limited, to sell interests in three Ontario natural-gas

First Big U.S. Offshore Wind Project Hits Snag Due to Fishing-Industry Concerns

From Reuters Trump administration infighting is holding up approval of the first major U.S. offshore wind energy project, with agencies sparring over whether the proposal does enough to protect the fishing industry, according to interviews and agency documents. The delays are a setback to President Donald Trump’s efforts to fast-track big energy infrastructure projects and could threaten the administration’s plans

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

As Coal Fades in the U.S., Natural Gas Becomes the Climate Battleground 

From The New York Times  America’s coal-burning power plants are shutting down at a rapid pace, forcing electric utilities to face the next big climate question: Embrace natural gas, or shift aggressively to renewable energy?  Some large utilities, including Xcel Energy in the Upper Midwest, are now planning to sharply cut their coal and gas use in favor of clean and abundant

EIA: Renewables Generated More Electricity Than Coal in April

By Tyler Losier, Energy Reporter, Oil & Gas 360 Renewables edge out coal for the first time in U.S. history This April, for the first time in U.S. history, monthly electricity generation from renewable sources exceeded that of coal-fired means, according to the EIA. More precisely, coal was responsible for about 20% of the nation’s electricity, whereas renewables such as

Volkswagen Subsidiary Invests $2 Billion So You Can Charge Your Tesla at Walmart - Oil & Gas 360

Volkswagen Subsidiary Invests $2 Billion So You Can Charge Your Tesla at Walmart

Plan for a country-wide network of charging stations is underway It’s one of the biggest roadblocks surrounding the widespread adaptation of electric vehicles (EVs); what happens when the battery is depleted? Walmart, in partnership with Electrify America, a wholly owned subsidiary of the Volkswagen Group of America, thinks it may have the solution to that problem. This week, the two

Energy Storage at Natural Gas Power Plants Changes Supply Dynamic - Oil & Gas 360

Energy Storage at Natural Gas Power Plants Changes Supply Dynamic

Power sources are jockeying for position – integrating energy storage with new and existing gas plants can result in improved efficiencies and lower emissions From Transmission and Distribution World The 21st-century grid is transforming faster than anyone imagined 10 years ago, when natural gas seemed to be our power source of the future. Today, with ever-dropping prices in renewables and

Desert Nuke Site Will Be a ‘Worldwide Showcase’

From the Post Register CORVALLIS, Ore. — Since the 1940s, the Idaho National Laboratory has played a central role in the country’s nuclear power industry. A plan to build the nation’s first small modular reactor plant at the desert site west of Idaho Falls could put eastern Idaho on the map on a global scale, according to NuScale Power, the