power plant – Oil & Gas 360

Nuclear power plant lowers output to protect fish as Europe grapples with heatwave

July 19, 2022

CNBC A nuclear power plant in Switzerland is lowering its output in order to prevent the river that cools it from hitting temperature levels dangerous to marine life, in the latest example of how Europe’s current heatwave is having wide-reaching effects. On Monday, the Swiss Broadcasting Corporation’s international unit, citing the country’s public broadcaster SRF, said the Beznau nuclear power plant

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

July 31, 2019

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

Delaware Utility Eyes Adding LNG Storage Facility to Meet Customer Gas Demand

February 27, 2019

From Washington Times/AP DOVER, Del. (AP) – Delmarva Power is asking state utility regulators for permission to build a liquefied natural gas storage facility in northern Delaware. According to a docket filing last week, the facility would be built on property near Red Lion that is already home to a Delmarva Power substation and a Bloom Energy fuel cell generation facility. Delmarva is proposing

NatGas Will Provide Bulk of U.S. Electricity for at Least Two More Years

January 22, 2018

United States leans away from coal as natural gas powers up to 20 gigawatts in 2018 The EIA’s January 2018 Short-Term Energy Outlook (STEO) forecasted that natural gas will remain the primary source of U.S. electricity generation for at least the next two years. The share of total electricity supplied by natural gas-fired power plants is expected to average 33%

GE to Cut 12,000 Jobs in Power Business Revamp

December 8, 2017

GE cuts follow Siemens’ 2% cut of global workforce in power and gas business slash: blames rapid growth of renewables for drop in demand for traditional power plants From Economic Times General Electric Co announced on Thursday it was axing 12,000 jobs at its global power business as the struggling industrial conglomerate responds to dwindling demand for fossil fuel power plants. The U.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),

Futuristic Solar Power Plant Needs NatGas to Make Electricity, Money

December 12, 2014

World’s Largest Solar Generating Plant Struggles to Make Ends Meet if the Sun Doesn’t Shine Who knew? In the midst of free-falling oil prices that have knocked about the growth plans for petroleum developers, owners of the world’s largest solar power plant have discovered that cloudy days significantly reduce their revenues. “Industry-wide figures suggest that a 5% negative anomaly in solar

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