Contractors say they expect the demand for petroleum—liquefied natural gas (LNG) and petrochemicals production, in particular—will remain strong across the U.S. in the near future, with capital markets and construction projects following suit.
Contractors are embracing new technologies to help reduce costs for traditional and renewable electricity generation as the industry continues to build, almost exclusively, natural gas, solar and wind power plants.
After spending more than $1.5 billion for construction and operating licenses for four new AP1000 nuclear plants in Florida and North Carolina, Duke Energy announced it will end activity on those plants and, at least in Florida, will pursue more solar power.
If initial lessons included in an interim status report on the cause of February’s failure of the main spillway at California’s Oroville Dam are heeded, hundreds of U.S. dams more than 50 years old may have to be re-examined and upgraded.
Dominion Energy is set to build a $2-billion pumped hydroelectric storage unit in southwest Virginia to accommodate 240 MW of solar generation it plans to add every year through 2032, the company confirmed.
Pipeline-sector observers are watching whether a U.S. appellate court ruling, which last month canceled federal approval of a $3.2-billion Florida natural-gas line and two others for not adequately considering the projects’ contribution to greenhouse-gas emissions, could affect approvals of other planned projects.