Tag: US Electricity
Higher natural gas prices likely mean coal will be main US power generation fuel in 2017: EIA
Natural gas prices will impact power generators this year, but coal rebound likely short-lived According to projections from the US Energy Information Administration, coal will overtake natural gas as the fuel most used by power generators in 2017 due to higher natural gas prices. The coal recovery is expected to be short-lived, however. According to […]
Fortis buys out ITC, largest independent US electricity transmission utility
Fortis US$11.3B deal should be closed in late 2016 On Tuesday, Canadian-based utility company Fortis Inc. announced a friendly US$11.3-billion deal to buy ITC, the largest independent transmission utility in the United States. Upon completion of the deal, which has been approved by the boards of directors of both companies, Fortis will be one of the top 15 […]
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