The volatility of natural gas demand in Spain is set to rise as the integration of electricity and gas market intensifies, Maria Teresa Bravo, responsible of European gas infrastructure development at Enagas said today. "Natural gas is as a facilitator for Spain's rising renewable energy production, therefore gas infrastructure needs provide sufficient flexibility for gas to play that role, she said at the LNG & Gas-to-Power conference in Valencia.
E.ON has not decided on whether to close three gas-fired power plants with a combined capacity of 1,420 MW in southern Germany. "We have not taken a formal decision on whether to close these or other gas-fired plants but we in the process of evaluation the profitability of each plant," an E.ON spokesman said today, dismissing contrary news reports.
Alstom, the French manufacturer of power generation technology, is ramping up manufacturing capacity and output at its Chattanooga facility in Tennessee, with a view to boosting its share in the buoyant U.S. market.
"Our investment in Chattanooga is a reflection of our confidence in the U.S. market," Patrick Fetzer, Regional Vice President of Alstom's gas power plant business in North America said with reference to forecasts about "a substantial short-term grow of the country's gas-fired power generation sector.
Combined marketed production from the top five natural gas producing states - Texas, Louisiana, Wyoming, Oklahoma, and Colorado – has risen about 7.5% in 2011, according to latest EIA statistics. Abundant domestic supplies and low gas prices reinforce the trend among U.S. power producers of switching from coal to gas.