More New Gas Power Plant Projects News

Deal for AGL comes at time of increasing "risk profile" for Southern, Moody finds

08/27/2015

Now that Southern (NYSE:SO) has announced plans to buy AGL Resources (NYSE:GAS), Moody’s Investors Service has affirmed the Southern rating for commercial paper, but changed its outlook to “negative” on the utility holding company.

Optim files revised reorganization plan with bankruptcy court

08/24/2015

Optim Energy LLC and related companies on Aug. 21 filed with their bankruptcy court the latest version of a reorganization plan and disclosure statement that covers a plan for some of these companies to reorganize around their two gas-fired power plants after a failed attempt to sell those plants at a reasonable price.

Shale, MATS, Clean Power Plan has companies burning more gas, less coal

08/24/2015

American Electric Power Senior Vice President Timothy Light captured the current situation for many generators on Aug. 18 when he said "we are burning more gas and less coal."

Natural gas-fired power project clears PJM auction

08/24/2015

PSEG Power said that its planned 540-MW natural gas-fired combined-cycle power plant cleared PJM’s Reliability Pricing Model Base Residual Auction.

GE's gas turbine surpasses 75 million operating hours

08/24/2015

GE (NYSE: GE) said that its LM2500 aeroderivative gas turbine reached a milestone of 75 million combined operating hours.

EPC contracts signed for natural gas-fired power plants for $550 M

08/21/2015

Gemma Power Systems LLC signed two engineering, procurement and construction (EPC) contracts worth $550 million with two units of NTE Energy for two natural gas-fired combined-cycle power plants.

New 475-MW natural gas plant to be built in Ohio

08/20/2015

Construction of a new 475-megawatt (MW) natural gas-fired power plant will soon begin at a facility in Middleton, Ohio, this according to news released today by Gemma Power Systems (GPS). The company announced that it has received Interim Notice to Proceed (INTP) to commence activities under an Engineering, Procurement and Construction Services (EPC) contract with NTE Ohio LLC, an affiliate of NTE Energy, to begin construction of the new plant.

 

Gas industry, enviros weigh in on EPA's methane reduction plan

08/19/2015

Industry and environmental groups sit on both sides of the fence after the U.S. Environmental Protection Agency (EPA) released potential greenhouse gas emissions regulations for the oil and gas industry.

TEPCO announces company restructuring

08/19/2015

Tokyo Electric Power Co. (TEPCO) said it is restructuring the company April 1, 2016.

Southwestern Energy official charts pace of gas pipeline construction

08/19/2015

Southwestern Energy (NYSE:SWN) Vice President of Governmental and Regulatory Strategies James Tramuto said the natural gas and electric power sectors "really need to start talking about pipeline capacity."

Moody's downgrades Mississippi Power over Kemper IGCC cost recovery

08/17/2015

Moody's Investors Service has downgraded Southern (NYSE:SO) utility subsidiary Mississippi Power over lingering questions over rate recovery for the Kemper integrated gasification combined-cycle (IGCC) power plant.

Greenridge coal plant in NY to be revived - without coal

08/17/2015

The New York Department of Environmental Conservation is out for public comment until Sept. 11 on an air permit change that would allow the revival of Unit 4 of the Greenidge power plant, shut since 2011, with coal no longer an allowed fuel.

GE upgrades increase output at UK power plant while reducing costs

08/14/2015

Calon Energy has selected GE to upgrade its Sutton Bridge Power Station in Lincolnshire with a broad range of hardware and software technologies to increase power production, improve efficiency and flexibility, and reduce its operating costs. The 800-megawatt (MW) natural gas-fired combined-cycle power plant provides electricity to the East Anglian region of the United Kingdom, and the upgrades will help increase the competitiveness of the plant in the country’s challenging power industry.

 

Tucson power plant to stop using coal, switch to natural gas

08/13/2015

As part of its plan to diversify the resources it relies on to generate electricity, Tucson Electric Power (TEP) said Thursday it will stop burning coal at its largest local power plant.

MHPSA’s first three M501GAC gas turbines from its SMW facility surpass 15,000 hours

08/13/2015

The first three gas turbines manufactured at Mitsubishi Hitachi Power Systems Americas’ (MH­PSA) Savannah Machinery Works (SMW) facility have surpassed 15,000 cumulative actual operating hours (AOH) in the first 8 months of operation, and are well on their way to completing their first year of commercial operation. 

Constellation and Bloom Energy to develop 40 MW of fuel cell projects

08/12/2015

Constellation, a subsidiary of Exelon Corporation, and Bloom Energy today announced an agreement to develop 40 megawatts (MW) of Bloom Energy fuel cell projects for commercial and public sector customers in California, Connecticut, New Jersey, and New York.

Planned natural gas power plants making headway at many locations

08/10/2015

With natural gas increasingly becoming the default fuel choice for new power plants, generators are developing new gas-fueled projects in North America.

Panda Power Funds breaks ground on 778-MW natural gas plant in Virginia

08/06/2015

Panda Power Funds today breaks ground on its 778-megawatt (MW) “Stonewall” generating station in Loudoun County, Va. The combined-cycle power plant will be one of the cleanest and most efficient natural gas-fueled power facilities in the United States, and is expected to enter into commercial service on June 1, 2017. The power plant will supply the power needs of approximately 778,000 homes in the Northern Virginia/District of Columbia metropolitan area.

Simple-cycle natural gas-fired power plant breaks ground

08/06/2015

Gemma Power Systems LLC received a limited notice to proceed to begin turnkey engineering, procurement and construction contract with Exelon West Medway II LLC for a simple-cycle natural gas-fired power plant in Massachusetts for $100 million.

Brunswick combined-cycle power plant is 75% complete, Dominion says

08/05/2015

Dominion (NYSE:D) Chairman, President and CEO Thomas Farrell II said Aug. 5 that construction of the 1,400-MW Brunswick combined-cycle natural gas power plant in Virginia is 75% complete and there are roughly 1,400 workers on site.