Western European electricity producers will benefit from the unification of the European Electricity Market by 2020, a report by GBI Research has predicted. Expanding cross-border electricity trade has implications for renewables-dependancy, in countires like Germany, where it can help to backstop intermittent renewable power supply.
Nationwide investment in gas-fired capacity in Australia has surged 54 percent over the past decade, driven by an expanding upstream sector. Though coal still dominates the energy mix, gas is rapidly gaining market share and is forecast to account for 36 percent of power supply, up from currently 20 percent, according to projections of Australia's Bureau of Resources and Energy Economics (BREE).
Additions of electric power generation capacity are not keeping pace with Texas' rising demand for electricity, particularly during peak-hours. A robust economy and population growth spurred the need for more electricity supply, according to the grid operator Electric Reliability Council of Texas (ERCOT).
Mexico's Yucatan Peninsula will see diesel- and fuel-oil power plants converted to run on natural gas after state-owned utility CFE has secured over 300 million cubic feet per day (mmcfd) in additional gas supply from Pemex by 2014. The rise in feedstock gas is spurred by a $136 million investment of GDF SUEZ Mexico and GE Energy Financial Services to extend the Mayakan pipeline.