The first natural gas-fired turbine for US power generation and one of today’s state-of-the-art designs currently live a couple hundred yards apart on GE’s massive 413-acre Greenville, South Carolina campus. The fact that both machines convert natural gas into electricity is pretty much where the similarities end. The first gas turbine used for electric utility… Keep reading →
Natural Gas-Fired Power Plant
GE’s New Gas Turbines Are State of the Art, But Are We Getting Too Cozy With the Fuel?
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By Kate Rosow ChrismanIn this series on Myanmar’s power sector, Breaking Energy takes a look at the dynamics of the sector, what’s driving change, how foreign investors are getting involved, and the challenges facing the government. In Part I below, we examine the state of the sector. Last November, residents of the new, more democratic Myanmar took to… Keep reading →
EPA Publishes Proposed Greenhouse Gas Standards for New Power Plants
By Ronald M. Varnum and Lorene L. BoudreauThe U.S. Environmental Protection Agency published its proposed standards of performance for greenhouse gases emitted from new electric utility steam generating units and stationary combustion turbines on January 8, 2014, opening up a 60-day public comment period. The publication puts to rest rumors that the EPA was reconsidering the pre-publication version of the rule signed… Keep reading →
This Forbes piece profiles Noble Energy’s diverse portfolio of assets that may appear haphazard, but according to CEO Charles D. Davidson, “This isn’t an accident. This is a strategy.” [Forbes] A top oil and gas banker moves from Morgan Stanley to Credit Suisse. “Before making the move, Mr. McCabe was at Morgan Stanley, and has… Keep reading →
Google and private equity firm KKR are investing $400 million, including equity and debt financing, in six solar power plants being built by a subsidiary of Japan’s Sharp Corp. The projects have a combined capacity of 106 megawatts and should begin operating by January. [Reuters] The Tennessee Valley Authority is retiring eight units at three… Keep reading →