Natural Gas
U.S. Department of Energy Secretary Chris Wright opened the CERAWeek conference with a plenary session during which he praised fossil fuels and bashed clean energy.
NYISO presented a breakdown of systemwide issues in response to multiple calls from stakeholders for more granular information about conditions during the January winter storm.
The Trump administration announced billions of dollars in investments from a deal it struck with Japan, which will help build natural gas plants to serve hyperscale data centers, including at a defunct uranium production site owned by DOE in Ohio.
Alpha Generation, owner and operator of the Gowanus and Narrows floating power plants in New York City, has proposed replacing the six peaking units with three lower-emitting ones in response to Consolidated Edison’s solicitation for solutions to the city’s reliability need.
The agreement announced March 18 is valued at $5 billion before closing adjustments, or approximately $1,142/kW of capacity.
NERC CEO Jim Robb said in congressional testimony that while the bulk power system made it through the late January winter storm reliably, the weather highlighted how at risk it is.
Constellation deferred on asking the Market Implementation Committee to vote on a quick-fix proposal to account for any downtime dual-fuel gas generators may require when switching fuels.
ISO-NE published initial data on how its proposed capacity market overhaul will affect resource accreditation, providing an indication of how the changes would affect capacity market revenues for different resource types.
The Virginia General Assembly wrapped up its session and Democrats used the power they won in November's elections to push through bills favoring clean energy as the state faces significant load growth from data centers.
The war in Iran is not expected to lead to higher domestic natural gas prices in part because higher oil prices tied to the closure of the Strait of Hormuz mean more oil production and related gas supply from the Permian Basin, the EIA said.
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