natural gas power

The Georgia Public Service (PSC) Commission has unanimously approved Georgia Power’s 2025 Integrated Resource Plan (IRP), authorizing a massive energy expansion to accommodate what the utility calls “extraordinary” growth in electricity demand. The PSC’s approval on July 15 allows the Southern Co. subsidiary to proceed with major capacity extensions at its flagship coal, gas, and […]

Private equity firm ArcLight Capital Partners has entered into definitive agreements to acquire 100% of the economic interests in the 484-MW Middletown Energy Center, a combined cycle natural gas power plant in Butler County, Ohio. The firm said on July 10 that the acquisition—structured through a series of transactions with a consortium of sellers—adds a […]

Vistra Corp. has agreed to acquire seven natural gas power plants totaling 2,557 MW from Lotus Infrastructure Partners for $1.9 billion, as part of a strategy to meet surging U.S. electricity demand and expand its competitive generation portfolio. The deal, announced on May 15, is valued at approximately $743 per kilowatt and includes five combined […]

Competitive generation giant Constellation has agreed to acquire Calpine Corp. in a $16.4 billion deal that is set to create the largest producer of clean and reliable energy in the U.S. with an asset portfolio of more than 60 GW. The definitive agreement, announced on Jan. 10, includes a cash and stock transaction valued at […]

NET Power, developer of a novel gas-fired power plant that captures all atmospheric emissions, will explore deploying up to 1 GW of power capacity in Northern California with partner California Resources Corp. (CRC), California’s largest oil and gas producer.  CRC’s carbon management subsidiary, Carbon TerraVault (CTV), and NET Power signed a memorandum of understanding (MOU) […]

While natural gas power accounted for 43% of total U.S. power generation in 2023, several state and federal policies aimed at reducing greenhouse gas emissions are bolstering interest in hydrogen cofiring. These policies include the Environmental Protection Agency’s recently finalized Carbon Pollution Standards, federal production tax credits, and the federal hydrogen hub program. However, only […]

– Driving toward 2050 net zero carbon targets – Providing best-in-class technical expertise to accelerate the energy transition – Includes the ability to unlock future hydrogen co-firing capability to aid decarbonization LAKE MARY, Fla., Mar 3, 2023 – (JCN Newswire) – A consortium of Mitsubishi Power Americas, Inc., Sargent & Lundy and TIC–The Industrial Company […]

SoCalGas, North America’s largest gas distribution utility, has unveiled the Angeles Link, a proposed green hydrogen energy infrastructure system for Southern California that it says could be the largest of its kind in the nation. The Angeles Link proposes to utilize between 25 GW and 35 GW of curtailed or new solar, wind, or battery […]

A project to outfit an existing natural gas power plant with a “large-scale” carbon capture facility got its legs on April 2 with the finalization of key investment agreements. Private equity investment firm Starwood Energy Group Global and global investment fund OGCI Climate Investments announced Thursday they had finalized agreements to co-invest in the initial […]