New England winter saw highest electricity prices since 2014 amidst coldest weather in a decade
High natural gas prices, driven by increased heating demand, pushed wholesale electricity costs up 116% compared to winter 2024.
High natural gas prices, driven by increased heating demand, pushed wholesale electricity costs up 116% compared to winter 2024.
The deal would mark Partners Group’s entry into the ISO New England wholesale power market.
The deal marks the Canadian company’s entry into the PJM market.
The request sites Trump’s executive order for energy abundance, strong market demand, and the need for enhanced reliability.
The transaction involves the transfer of ownership of various natural gas-fired power plants, battery storage systems, and power marketing entities.
The Houston-based developer asserts that FERC staff overstepped their authority in the draft review, citing recent executive orders.
The $28B LNG project awaits a final FERC nod as the U.S. Energy Information Administration forecasts continued strong global demand for LNG this year.
The challengers highlight that ANR’s proposed return on equity of 14.54% is 300 basis points higher than FERC’s most recently litigated ROE.
The request aims to align the in-service date with an updated construction schedule following the Tellurian acquisition.
The DOI argues that Order No. 871’s automatic stay provision now hinders energy infrastructure development, contradicting current federal policy.
The results of the review reaffirms the agency’s original findings of no significant impacts, paving the way for a final decision on the project.
The requested increase in workers is said to be needed in order for the timely commissioning of three LNG trains expected to enter commercial service later this year.
BofA’s acquisition makes it a top GenOn owner, alongside distressed debt and private equity investor Strategic Value Partners and investment management firm MacKay Shields.
The proposed deal comes right on the heels of a sale of a New Jersey gas plant by Ares Management.
East Tennessee’s capital investments since its last rate case represent over 30% of the total gas plant value, while operating and maintenance expenses have also soared 30%.
RMI champions co-locating data centers with gas generators and renewables to boost grid reliability and cut emissions.
SparkWire’s Project & PPA Roundup, tracking project details, updates and PPA terms filed with FERC for the week-ended April 25.
Golden Pass LNG’s permit modification request follows Venture Global LNG’s similar action for its Louisiana terminal.
FERC’s ruling may facilitate similar production boosts at other LNG plants.
Strategic Value Partners will co-own the Pennsylvania generator alongside a group of Japanese energy companies, led by Tokyo Gas Co., Ltd. and Sojitz Corp.
Company cites COVID-19 pandemic, shifting LNG markets, and Energy Transfer’s takeover as reasons for the delay.
The 880-MW Frontier Generating Station is strategically connected to ERCOT and MISO.
The project will create about 0.28 BCF/d of new firm transportation capacity on Gulf South’s system to serve growing energy needs in the region.
Transfer is said to be critical for financing the project, which is needed to address Alaska’s energy crisis.
LS Power’s capacity additions would total 700-MW across the PJM footprint under the grid-operator’s Reliability Resource Initiative.
The Heartland project aims to add 0.47 Bcf/d of pipeline capacity by late 2027 to meet rising regional natural gas demand.
Williams’ indirect stake in Q-Generation has triggered the FERC review of the board seat.
The supplemental environmental review responds to a court remand, focusing on impacts to communities with environmental justice concerns and air quality monitoring data.
The deal expands Public Service Company of Oklahoma’s generation portfolio in SPP, and comes as the region faces thinning reserve margins.
The draft review addresses a court order, compelling FERC to properly weigh the LNG project’s impacts on communities, air quality, and a carbon capture proposal.
The deal involves the purchase and leaseback of six units of an Illinois power plant with about 900 MW of capacity.
The long-term deal ensures Ravenswood power plant can switch to fuel oil, safeguarding NYC grid during gas shortages.
The deal for gas-fired and storage assets would mark a significant expansion for Partners Group Holding’s CAISO portfolio.
The agency finds that the pair of pipeline projects by subsidiaries of Kinder Morgan would span ecologically sensitive watersheds and disturb thousands of acres of land, providing an early glimpse of the extent of mitigation measures required.
OPC Power Ventures LP’s acquisition of the equity interest in the 773-MW gas-fired generator comes on the heels of its other purchases of PJM power assets.
The link will supply a new TVA natural gas power plant, partially replacing nine coal-fired units.
The ruling marks a decisive blow to the oil major’s dispute over its supply contract with Venture Global LNG.
The project, scrapped in 2021, would add 6.95 Mtpa of LNG export capacity by Q3 2027.
The 140-mile pipeline project aims to transport natural gas from an existing interconnection to the U.S.-Mexico border, supporting growing energy demand in the region.
The $364 million East Lateral XPress Project will serve Venture Global’s Plaquemines LNG project.
Mountain Valley Pipeline wants its 0.55 Bcf/d Southgate project greenlit by year’s end, but environmental groups are urging regulators to demand a fresh application.
Project will add 0.47 Bcf/d of firm transportation capacity to meet rising natural gas demand from coal retirements.
The commission rejected the rehearing request, citing lack of final agency action.
The expansion project, which will leverage existing infrastructure and standardized designs, has a construction start targeted for the fall of 2026.
The move to resurrect the long-since scuttled project marks renewed optimism among fossil fuel developers under President Trump.
The newly named Woodside Louisiana LNG project has faced a number of headwinds, including the loss of initial foundation customers and years-long delays.
The Japanese auto giant looks to completely divest its equity interest in the two facilities.