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Released September 12, 2022 | SUGAR LAND
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Researched by Industrial Info Resources (Sugar Land, Texas)--U.S. natural gas output is soaring, with inventories 11% lower than their five-year norm, according to the U.S. Energy Information Administration (EIA). But a dip in the near-term domestic demand forecast--partly driven by an outage at the Freeport LNG export complex in Texas, which is expected to last into November--is keeping U.S. natural gas prices at a lower level than the rest of the world. Industrial Info is tracking more than 120 maintenance-related projects at U.S. gas-fired power plants, valued at more than $570 million in total, that are set to kick off in the fourth quarter.
Click on the image at right for a graph detailing the top 10 plant parent companies for U.S. gas-fired maintenance projects set to begin from October through December, by total investment value.
Although it only has two maintenance projects set to kick off before the end of the year, Oglethorpe Power Corporation (Tucker, Georgia) accounts for the single highest-valued project: the $20 million Unit 1 outage at Chattahoochee Energy Facility in Franklin, Georgia. Oglethorpe is performing major inspections to a steam turbine generator and a pair of duct-fired heat-recovery steam generators at the 521-megawatt (MW) unit. Subscribers to Industrial Info's Global Market Intelligence (GMI) Power Project Database can read more in a detailed project report.
Oglethorpe also is preparing for an outage on Unit 2 at the Thomas Smith Energy Center in Dalton, Georgia. The 644-MW, natural gas-fired, combined-cycle (NGCC) block uses two heavy-frame combustion turbines with two heat-recovery steam generators and a steam turbine generator, all from General Electric (NYSE:GE) (Boston, Massachusetts). Subscribers can learn more from Industrial Info's project report.
Dominion Energy Incorporated (NYSE:D) (Richmond, Virginia) only has a single maintenance project set for the fourth quarter, but it is one of the highest-valued: the $18.5 million outage on Block 1 at the Brunswick County Power Station in Freeman, Virginia. The NGCC unit generates 1,396 MW. Subscribers can learn more from Industrial Info's project report.
Dominion is among the U.S.-based energy providers bolstering its natural gas fleet. The company expects load growth to exceed 5,300 MW in its service territory over the next 15 years, according to POWER Magazine, with an annual growth rate of 1.7%. At the same time, Dominion already has, or plans to, retire more than 900 MW of coal-fired power generation from its fleet.
Several subsidiaries of Berkshire Hathaway Incorporated (NYSE:BRK.A) (Omaha, Nebraska), which has been buying up natural gas-based utilities and transportation assets in recent years, are preparing for fourth-quarter maintenance. NV Energy Incorporated is preparing for work on two NGCC units: Block 1 at the Walter M. Higgins Generating Station in Primm, Nevada, and Unit 1 at the Clark Power Station in Las Vegas, Nevada. The units generate 586 and 264 MW, respectively. Subscribers can learn more from Industrial Info's detailed reports on the Higgins and Clark projects.
Berkshire Hathaway took another big step in the fossil-fuel markets last month, when it received authorization from the U.S. Federal Energy Regulatory Commission to acquire up to 50% of Occidental Petroleum (NYSE:OXY) (Houston), one of the largest U.S.-based oil and natural gas producers. Although Warren Buffet's company already owns several pipeline networks and utility companies, like NV Energy, this marks its first ownership of a producer.
Subscribers to Industrial Info's GMI Project Database can click here for a full list of detailed reports for projects mentioned in this article, and click here for a full list of related plant profiles.
Subscribers can click here for a full list of U.S. gas-fired maintenance projects set to begin in the fourth quarter.
Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) platform helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking more than 200,000 current and future projects worth $17.8 trillion (USD).
Click on the image at right for a graph detailing the top 10 plant parent companies for U.S. gas-fired maintenance projects set to begin from October through December, by total investment value.Although it only has two maintenance projects set to kick off before the end of the year, Oglethorpe Power Corporation (Tucker, Georgia) accounts for the single highest-valued project: the $20 million Unit 1 outage at Chattahoochee Energy Facility in Franklin, Georgia. Oglethorpe is performing major inspections to a steam turbine generator and a pair of duct-fired heat-recovery steam generators at the 521-megawatt (MW) unit. Subscribers to Industrial Info's Global Market Intelligence (GMI) Power Project Database can read more in a detailed project report.
Oglethorpe also is preparing for an outage on Unit 2 at the Thomas Smith Energy Center in Dalton, Georgia. The 644-MW, natural gas-fired, combined-cycle (NGCC) block uses two heavy-frame combustion turbines with two heat-recovery steam generators and a steam turbine generator, all from General Electric (NYSE:GE) (Boston, Massachusetts). Subscribers can learn more from Industrial Info's project report.
Dominion Energy Incorporated (NYSE:D) (Richmond, Virginia) only has a single maintenance project set for the fourth quarter, but it is one of the highest-valued: the $18.5 million outage on Block 1 at the Brunswick County Power Station in Freeman, Virginia. The NGCC unit generates 1,396 MW. Subscribers can learn more from Industrial Info's project report.
Dominion is among the U.S.-based energy providers bolstering its natural gas fleet. The company expects load growth to exceed 5,300 MW in its service territory over the next 15 years, according to POWER Magazine, with an annual growth rate of 1.7%. At the same time, Dominion already has, or plans to, retire more than 900 MW of coal-fired power generation from its fleet.
Several subsidiaries of Berkshire Hathaway Incorporated (NYSE:BRK.A) (Omaha, Nebraska), which has been buying up natural gas-based utilities and transportation assets in recent years, are preparing for fourth-quarter maintenance. NV Energy Incorporated is preparing for work on two NGCC units: Block 1 at the Walter M. Higgins Generating Station in Primm, Nevada, and Unit 1 at the Clark Power Station in Las Vegas, Nevada. The units generate 586 and 264 MW, respectively. Subscribers can learn more from Industrial Info's detailed reports on the Higgins and Clark projects.
Berkshire Hathaway took another big step in the fossil-fuel markets last month, when it received authorization from the U.S. Federal Energy Regulatory Commission to acquire up to 50% of Occidental Petroleum (NYSE:OXY) (Houston), one of the largest U.S.-based oil and natural gas producers. Although Warren Buffet's company already owns several pipeline networks and utility companies, like NV Energy, this marks its first ownership of a producer.
Subscribers to Industrial Info's GMI Project Database can click here for a full list of detailed reports for projects mentioned in this article, and click here for a full list of related plant profiles.
Subscribers can click here for a full list of U.S. gas-fired maintenance projects set to begin in the fourth quarter.
Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) platform helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking more than 200,000 current and future projects worth $17.8 trillion (USD).
