Articles tagged Wind

Expansion of wind and solar energy in the United States is driving up the value of natural gas pipeline capacity because of the call on power generation for peaking demand, according to Williams CEO Alan Armstrong.

U.S. natural gas-fired power generation has gotten a demand boost from coal retirements over the past year, but those tailwinds are set to fade in the coming months as a wave of new renewables competes for share of the power stack.

FERC acted to revamp the entire U.S. transmission grid to prepare for extreme climate threats and face the challenge of growing power demand – including for natural gas-fired generation – via a rulemaking that outlines how to plan and pay for facilities. Still to come are the legal battles.

North American exploration customers have pulled back on activity, but that may change later this year as line-of-sight focuses on ramping up more U.S. LNG capacity in 2025, according to Houston-based NOV Inc.

Florida-based NextEra Energy Inc. is taking advantage of federal incentives to boost its advantage in renewable natural gas (RNG) and green hydrogen. 

Renewable sources of energy are collectively on track to eclipse coal as the world’s leading source of electricity, with capacity growth forecast to nearly double in the next five years, the International Energy Agency (IEA) said in a new report.

Latin America doesn’t have any offshore wind today, but that could change soon as the region tries to build out a hydrogen industry.

Enbridge Inc. agreed Thursday to pay $270 million to buy Tri Global Energy LLC (TGE), a top U.S. wind and solar company with a portfolio that includes 45 generating sites in seven states.

Policymakers must ensure the supply of conventional energy sources alongside lower carbon ones as the energy transition marches on, according to Saudi Arabian Oil Co. (Aramco) CEO Amin Nasser.

Though still behind natural gas-fired generation, renewables supplied nearly one-quarter of total utility-scale generation in the first half of 2022, according to the U.S. Energy Information Administration (EIA).