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Burns & McDonnell delivering EPC lead on west Texas energy storage project

Burns & McDonnell delivering EPC lead on west Texas energy storage project

Burns & McDonnell was selected by LG Energy Solution and Sustainable Environmental Renewable (SER) Capital Partners to provide engineer-procure-construct (EPC) services for three 10-MW/20 MWh lithium-ion, stand-alone battery energy storage systems. The three facilities are located in the West Texas region. The project consists of owner-provided LG Chem battery racks populated with JH3 and JH4 modules. Kansas City, Mo.-based Burns […]
Vistra: Texas freeze caused $1.6B negative cash flow impact

Vistra: Texas freeze caused $1.6B negative cash flow impact

Texas-based power generator Vistra Corp. estimates that the financial impact of Winter Storm Uri cost the company about $1.6 billion in cash flow. A large number of generator outages during February’s freezing weather, as well as historically high customer demand, forced NRG to pay higher costs for natural gas on the open market, according to its update this week. The […]
Construction begins on the 4K-acre solar facility in Texas

Construction begins on the 4K-acre solar facility in Texas

Everything is bigger in Texas, goes the saying, and Rosendin’s Renewable Energy Group (REG) certainly agrees. The 500MW Aktina Renewable Power Project calls for the installation of 1.4 million solar modules across 4,000 acres in Wharton County, located outside the Houston Metro area. The complete project should be online in the first half of 2022, said the company. Rosendin is constructing […]
Cheniere, Bechtel complete LNG train at Texas Gulf Coast terminal

Cheniere, Bechtel complete LNG train at Texas Gulf Coast terminal

Liquefied natural gas producer Cheniere Energy announced a major milestone Monday at its Corpus Christi, Texas, LNG liquefaction project. Train 3 was completed and commissioned and ready for operations turning natural gas into liquid for storage and shipping to markets globally, the company said. Cheniere’s engineering, procurement and construction contracting partner, a subsidiary of EPC firm Bechtel, turned over control […]
NRG Energy pulls financial guidance, notes $750M impact, $1B cash loss from Texas winter storm

NRG Energy pulls financial guidance, notes $750M impact, $1B cash loss from Texas winter storm

By Rod Walton, Power Engineering and POWERGEN+ Content Director The historic Texas winter storm last month, which caused dozens of deaths, 52 GW in outages and billions of dollars in damages and the bankruptcy of at least one energy provider, is causing immediate financial pain and some future uncertainty for another major utility in the region. NRG Energy announced Wednesday […]
Wärtsilä’s energy storage tech to boost south Texas grid reliability

Wärtsilä’s energy storage tech to boost south Texas grid reliability

Power Engineering International Utility-scale energy storage project developer Able Grid Energy Solutions has selected Wärtsilä for the development of two storage projects. The interconnected stand-alone systems will have a combined rated capacity of 200 MW to ensure the stability of the grid in southern Texas. The two companies signed a ten-year guaranteed asset performance agreement for the installation of the […]
Texas freeze caused record gas spot prices and outages

Texas freeze caused record gas spot prices and outages

By Pamela Largue, Power Engineering International In the wake of a February winter storm that left Texans reeling from freezing temperatures and failed power generation units, reports are starting to publish data that demonstrates the scale and impact of the disaster. Gas spot prices skyrocket A report published by the International Energy Agency (IEA) states that natural gas spot prices at several […]
ERCOT: Close to 2,000 generator outages reported during Texas winter storm

ERCOT: Close to 2,000 generator outages reported during Texas winter storm

By Rod Walton, Power Engineering and POWERGEN+ content director Hundreds of Texas-based electric generation units reported nearly 2,000 outage events during the February winter storm, according to a new report from grid system operator Electric Reliability Council of Texas. The ERCOT report this week lists each generation unit from an owner that approved release of the information. The list runs […]
ERCOT board fires CEO Magness in wake of Texas February power freezeout

ERCOT board fires CEO Magness in wake of Texas February power freezeout

Staff and wire reports Another political victim has fallen in the aftermath of Texas’ disastrous power outages during the historic February freeze. The board of directors for the Electric Reliability Council of Texas canned CEO Bill Magness late Wednesday by a 6-1 vote. Magness’ firing follows the resignation of state Public Utilities Commission Chair DeAnn Walker earlier this week in […]
Financial freeze from winter storm sends Texas electric coop into Chapter 11 bankruptcy

Financial freeze from winter storm sends Texas electric coop into Chapter 11 bankruptcy

The deep freeze that knocked out much of the Texas grid has claimed a key power provider as one of its first financial victims. Brazos Electric Power Cooperative, which serves more than 1.5 million customers in the central part of the state, has filed for Chapter 11 bankruptcy protection. The February winter storm caused extended sub-zero or at least below […]

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