Fuels: News

  • SCE&G Places First AP1000 Steam Generator in the U.S.

    CAYCE, S.C., Jan. 11, 2017 /PRNewswire/ -- South Carolina Electric & Gas Company (SCE&G), principal subsidiary of SCANA Corporation (NYSE: SCG), and V.C. Summer Nuclear Station co-owner, Santee Cooper, placed on Jan. 10 the first steam generator at a Westinghouse AP1000 nuclear...

  • Alterra Power Update Regarding Wind Project Qualification

    VANCOUVER, Jan. 11, 2017 /PRNewswire/ - Alterra Power Corp. ("Alterra") is pleased to announce that in 2016 it commenced on-site and off-site project activities intended to qualify several wind projects for USA renewable tax incentives (production tax credits, or "PTCs"), including the...

  • Wholesale power prices in 2016 fell, reflecting lower natural gas prices

    Average wholesale electricity prices at major trading hubs across the United States during the first quarter of 2016 were significantly lower than during the same period in 2015, ranging from 24% lower in California to 64% lower in New England.

  • Dominion, Dominion Midstream Schedule Fourth-Quarter Earnings Conference Call

    RICHMOND, Va., Jan. 10, 2017 /PRNewswire/ -- Dominion Resources, Inc. (NYSE: D) and Dominion Midstream Partners, LP (NYSE: DM), will host their fourth-quarter earnings conference call at 10 a.m. ET on Wednesday, Feb. 1, 2017.  Management will discuss fourth-quarter financial results a...

  • Duke Energy Renewables acquires three California solar projects from SunPower

    CHARLOTTE, N.C., Jan. 10, 2017 /PRNewswire/ -- Duke Energy Renewables announced today it has acquired three solar power projects from SunPower Corp. totaling 55 megawatts (MW). The sites include the 20-MW Rio Bravo I, the 20-MW Rio Bravo II, and the 15-MW Wildwood Solar II solar...

  • Renewable generation capacity expected to account for most 2016 capacity additions

    Once final data are in, EIA expects 24 gigawatts (GW) of new generating capacity to be added to the power grid during 2016. For the third consecutive year, nearly two-thirds of these additions are renewable technologies, especially wind and solar.

  • IEA: Brazil, Mexico, others must adapt transmission to renewable potential

    Denmark, Mexico, China, Brazil and South Africa are expected to dramatically increase their share of variable renewable energy while Indonesia hardly taps into its renewable energy potential, according to a new report by International Energy Agency. All those countries adding renewable energy potential will need to adapt their transmission system to better fit their renewable energy resources whether its hydro, wind or solar. Some, such as Brazil, find their primary renewable resources far away from the load centers, while Indonesia is challenged by the archipelagic layout of its grid, with islands forming isolated subsystems. Much of the report, titled “Next Generation Wind and Solar Power: From Cost to Value,” focused on renewable generation potential, but part of each case study noted the transmission system and how it matches up to the needs. In Brazil, for instance, “Long transmission lines are needed to connect the country’s hydropower resources to the coastal load centers. New hydroelectric projects—such as along the Rio Madeira, Rio Tapagos and Rio Xingu rivers—lie more than 2,300 kilometers (1,439 miles) away from the coastal cities of São Paulo and Rio de Janeiro and require significant transmission grid updates,” the report reads. Brazil’s transmission system has grown by 52,000 kilometers in the past 15 years, according to the IEA, but is due to build another 55,000 in less than a decade. Mexico plans to construct more than 15,500 miles of transmission from 2016 to 2030, according to reports. The country has 13 transmission lines which interconnect with neighboring nations, including 11 with the U.S., although five of those U.S. interconnections are not available for cross-border trade and only in emergency situations, the IEA report noted. “The transmission grid (in Mexico) is well developed in the central region where the principal load centers are situated, but it is less extensive in the northern regions,” the report concludes. “Cross-border interconnection capacity is relatively weak. Given the lack of major storage facilities and the planned decommissioning of peaking plants, a flexible operation of the combined-cycle fleet will be critical to ensuring sufficient levels of flexibility in the Mexican system.” All in all, the share of electrical generation provided by renewable energy is growing and upgrades will be needed, the IEA said. “Such steps will be a priority for Brazil, China, Mexico and South Africa in coming years,” the report reads.

  • Mexico, U.S. sign framework on power grid

    Mexico has also started relying on imports of U.S. natural gas to run cleaner power plants 

  • Energy commodity prices rose more than other commodity sectors in 2016

    The spot energy index in the S&P Goldman Sachs Commodity Index (GSCI) rose 48% since the start of 2016, more than any other commodity group in the S&P GSCI. The spot S&P GSCI industrial metals, precious metals, and agriculture indices increased less, rising 22%, 8%, and 5%, respectively, while the spot S&P GSCI livestock index declined 10%.

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