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Released October 27, 2021 | SUGAR LAND
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Energy Market highlights gathered by Industrial Info and IIR Energy
LNG
Venture Global Seeks U.S. Okay to Start Early Work on Louisiana LNG Plant - U.S. liquefied natural gas (LNG) company Venture Global LNG (Arlington, Virginia) on Tuesday sought permission from U.S. regulators to start early site work on the company's proposed Plaquemines export plant in Louisiana. Venture Global asked the U.S. Federal Energy Regulatory Commission for permission by November 25 to start installing piles and pile caps for the heavy haul bridge, which will allow transport of heavy modules from offloading facilities located on the Mississippi River. Subscribers to Industrial Info's Global Market Intelligence (GMI) Production Project Database can click here for the project report. (Reuters)
ENVIRONMENTAL
China Issues Plan to Hit Carbon Emissions Peak Before 2030 - China will take action to reduce waste, promote renewables and alternative fuels, and reform its electricity network as part of its plan to bring carbon emissions to a peak before 2030, China's cabinet said on Tuesday. The new action plan repeats China's targets to bring wind and solar capacity to 1,200 gigawatts by the end of the decade, to build more hydropower and nuclear plants, and further develop natural gas resources. (Reuters)
POWER
AEP to Sell Kentucky Operations - American Electric Power (NASDAQ:AEP) (Columbus, Ohio) has entered into an agreement to sell its Kentucky operations, which include Kentucky Power and AEP Kentucky Transco, to Liberty, the regulated utility business of parent company Algonquin Power & Utilities Corporation (NYSE:AQN) (Oakville, Ontario), for $2.846 billion.
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About IIR Energy
Energy asset information on power plants, oil refineries and natural gas infrastructure is now more important than ever. A unit of Industrial Info Resources, IIR Energy provides infrastructure information on these assets, as well as real-time tracking of planned and unplanned interruptions affecting the commodity-trading community. We are the number one source for information about power plant outages, refinery turnarounds and midstream natural gas disruptions.
About Industrial Info
Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, six offices in North America and 12 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. Follow IIR on: Facebook - Twitter - LinkedIn.
LNG
Venture Global Seeks U.S. Okay to Start Early Work on Louisiana LNG Plant - U.S. liquefied natural gas (LNG) company Venture Global LNG (Arlington, Virginia) on Tuesday sought permission from U.S. regulators to start early site work on the company's proposed Plaquemines export plant in Louisiana. Venture Global asked the U.S. Federal Energy Regulatory Commission for permission by November 25 to start installing piles and pile caps for the heavy haul bridge, which will allow transport of heavy modules from offloading facilities located on the Mississippi River. Subscribers to Industrial Info's Global Market Intelligence (GMI) Production Project Database can click here for the project report. (Reuters)
ENVIRONMENTAL
China Issues Plan to Hit Carbon Emissions Peak Before 2030 - China will take action to reduce waste, promote renewables and alternative fuels, and reform its electricity network as part of its plan to bring carbon emissions to a peak before 2030, China's cabinet said on Tuesday. The new action plan repeats China's targets to bring wind and solar capacity to 1,200 gigawatts by the end of the decade, to build more hydropower and nuclear plants, and further develop natural gas resources. (Reuters)
POWER
AEP to Sell Kentucky Operations - American Electric Power (NASDAQ:AEP) (Columbus, Ohio) has entered into an agreement to sell its Kentucky operations, which include Kentucky Power and AEP Kentucky Transco, to Liberty, the regulated utility business of parent company Algonquin Power & Utilities Corporation (NYSE:AQN) (Oakville, Ontario), for $2.846 billion.
About IIR Energy
Energy asset information on power plants, oil refineries and natural gas infrastructure is now more important than ever. A unit of Industrial Info Resources, IIR Energy provides infrastructure information on these assets, as well as real-time tracking of planned and unplanned interruptions affecting the commodity-trading community. We are the number one source for information about power plant outages, refinery turnarounds and midstream natural gas disruptions.
About Industrial Info
Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, six offices in North America and 12 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. Follow IIR on: Facebook - Twitter - LinkedIn.