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Forecasting Ecopetrol’s Future: Scenario-Based Financial Outlook Through 2029 In this latest article, I present a detailed financial forecast for Ecopetrol under three growth scenarios—Bear (6.5% CAGR), Base (13.05% CAGR), and Bull (17.5% CAGR). The analysis models revenue, CapEx, EBITDA, D&A, net income, and free cash flow to help stakeholders understand the strategic and..
Energy Central…
Deals involving the data center sector are occurring regularly, as tech companies make moves to ensure they have a reliable supply of power for their energy-intensive operations. Several generation types, […]
The post Generational Shift—Data Centers Bring Change to Energy Landscape appeared first on POWER Magazine.
A new U.S. president will be inaugurated in less than five months. Polls show the race between Donald Trump and Kamala Harris to be very close, with potentially only a […]
The post How Trump or Harris Would Alter the U.S.’s Energy and Power Landscape appeared first on POWER Magazine.
The Trump administration’s Affordable Clean Energy (ACE) rule announced August 21 calls for coal-fired power plants to meet state-designed performance standards, most notably focused on increases in heat rate and overall efficiency for individual generating stations.
Energy experts speaking at the MEGA Symposium in Baltimore, Maryland, on August 22 agreed it’s a goal worth pursuing. They also said it will be difficult to achieve due to the evolving nature of U.S. power generation.
The rise of natural gas, which today accounts for the largest percentage of the nation’s electricity production, along with the addition of renewable sources such as wind and solar power to the grid, has lessened the amount of coal-fired generation across the country. It has decreased coal’s capacity factor—the average power generated by a particular energy source, divided by the rated peak power of that source—to just above 50%, behind natural gas, and well below the 73% capacity factor for coal as recently as 2008, according to the U.S.…
TransCanada—a leading North American energy company—has struck deals to sell its U.S. Northeast Power business. LS Power will acquire three principally natural gas–fired power plants and a wind farm from TransCanada, while ArcLight Capital Partners will buy 13 hydropower facilities located in Vermont, New Hampshire, and Massachusetts.
“The sale of our merchant U.S. Northeast Power business to fund a portion of our acquisition of [Columbia Pipeline Group Inc.] will further enhance the stability and predictability of our earnings and cash flow streams and support a strong and growing dividend,” said Russ Girling, TransCanada’s president and CEO.
The plants being acquired by LS Power are Ravenswood, a 2,480-MW multiple-unit facility with dual-fuel-capable steam turbine, combined cycle, and combustion turbine units located in Queens, N.Y.; Ironwood, a 778-MW combined cycle plant in Lebanon, Penn.; Ocean State Power, a 560-MW combined cycle plant in Burrillville, R.I.; and Kibby Wind, a 132-MW wind farm in Franklin County, Maine. LS Power, through its affiliate Helix Generation, will pay TransCanada $ 2.2 billion in cash for the 3,950-MW portfolio.…