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Released May 24, 2022 | SUGAR LAND
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Energy Market highlights gathered by Industrial Info and IIR Energy
POWER
Vistra Completes Texas Battery Energy Storage System - Vistra Corporation (NYSE:VST) (Irving, Texas) announced that its DeCordova energy storage facility in Granbury, Texas, is online and storing and releasing electricity to the Texas grid. The 260-megawatt (MW) battery energy storage project is the largest of its kind in the state. Subscribers to Industrial Info's Global Market Intelligence (GMI) Power Project Database can click here for the detailed report. (Reuters)
Entergy Permanently Shuts Down Michigan Nuclear Plant - Entergy Corporation (NYSE:ETR) (New Orleans, Louisiana) said on Friday it has permanently shut a nuclear power station in Michigan despite a Biden administration plan to rescue plants like it because they generate electricity virtually free of carbon emissions. Entergy closed the 800-MW Palisades plant in Michigan that had operated for more than 50 years. Subscribers to Industrial Info's Power Plant Database can click here for the plant profile. (PR Newswire)
PRODUCTION
Norway's April Oil Production Lags Forecast - Norway's crude oil output in April missed an official forecast by 10.6%, while its gas output was in line with expectations, preliminary data from the Norwegian Petroleum Directorate (NPD) showed on Friday. Crude oil output fell to 1.66 million barrels per day (BBL/d) in April from 1.74 million BBL/d in March, lagging a forecast of 1.86 million BBL/d, the NPD said. Natural gas production in April averaged 327.1 million cubic meters per day, as expected. (Reuters)
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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) is the world's leading provider of market intelligence across the upstream, midstream and downstream energy markets and all other major industrial markets. IIR's Global Market Intelligence Platform (GMI) supports our end-users across their core businesses, and helps them connect trends across multiple markets with access to real, qualified and validated project opportunities. Follow IIR on: LinkedIn.
POWER
Vistra Completes Texas Battery Energy Storage System - Vistra Corporation (NYSE:VST) (Irving, Texas) announced that its DeCordova energy storage facility in Granbury, Texas, is online and storing and releasing electricity to the Texas grid. The 260-megawatt (MW) battery energy storage project is the largest of its kind in the state. Subscribers to Industrial Info's Global Market Intelligence (GMI) Power Project Database can click here for the detailed report. (Reuters)
Entergy Permanently Shuts Down Michigan Nuclear Plant - Entergy Corporation (NYSE:ETR) (New Orleans, Louisiana) said on Friday it has permanently shut a nuclear power station in Michigan despite a Biden administration plan to rescue plants like it because they generate electricity virtually free of carbon emissions. Entergy closed the 800-MW Palisades plant in Michigan that had operated for more than 50 years. Subscribers to Industrial Info's Power Plant Database can click here for the plant profile. (PR Newswire)
PRODUCTION
Norway's April Oil Production Lags Forecast - Norway's crude oil output in April missed an official forecast by 10.6%, while its gas output was in line with expectations, preliminary data from the Norwegian Petroleum Directorate (NPD) showed on Friday. Crude oil output fell to 1.66 million barrels per day (BBL/d) in April from 1.74 million BBL/d in March, lagging a forecast of 1.86 million BBL/d, the NPD said. Natural gas production in April averaged 327.1 million cubic meters per day, as expected. (Reuters)
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) is the world's leading provider of market intelligence across the upstream, midstream and downstream energy markets and all other major industrial markets. IIR's Global Market Intelligence Platform (GMI) supports our end-users across their core businesses, and helps them connect trends across multiple markets with access to real, qualified and validated project opportunities. Follow IIR on: LinkedIn.
