POV: Power Breakfast

Power Breakfast for August 10, 2016

Expanded Panama Canal gives the natural gas industry a direct route to Asia; China's bid on an Australian electricity lease under review


POV: Power Breakfast

A nearly daily update of energy-related news:

  • With the Panama Canal’s expanded locks opening earlier this summer, the natural gas industry now has a more direct route to the Asian market. There are now more than 170 reservations for transits across the canal; the DOE expects that there could be as many as 550 tankers crossing the canal by as early as 2021. The canal was retrofitted with a third set of locks and deeper navigation channels allowing for an increased capacity to travel through the canal.
  • Australia is threatening to veto the Chinese government-owned State Grid from bidding on a 99 year lease to operate Ausgrid, an Australian company which owns most of the electricity distribution assets in Sydney. Additionally, Hong Kong’s Cheung Kong Infrastructure is also under review by Australia’s foreign investment laws. This comes after allegations have been made that Chinese intelligence services have conducted “brazen” espionage in Australia according to the Australian Financial Review.
More Pov

 

TCEH Corp., Parent Company for Luminant and TXU Energy, Emerges from Chapter 11 as a Competitive, Well-Capitalized Company






News Release   TCEH Corp., Parent Company for Luminant and TXU Energy, Emerges from Chapter 11 as a Competitive, Well-Capitalized Company     *** Energy Industry Veteran Curt Morgan Formally Named CEO   *** Restructuring Eliminates More Than $33 Billion in Debt   *** Benefits from Low Leverage Relative to Peer Group   *** Company […]

Job One Profiles: Razen Thomas






Razen Thomas is proud to be Powering Texas and proud of the hard work and innovation that she sees from her colleagues every day at Oak Grove Power Plant. As support manager, Razen makes sure everyone has the tools, equipment and processes to do their jobs safely and effectively. Watch this month’s Job One Profile […]

A Soaring Success






An abundance of wildlife, including numerous bald eagles, call Luminant’s sites and reclaimed land home. When Liberty Mine’s resident bald eagle pair returns this fall, they’ll find a few home renovations – most notably, a new nest location. The eagles’ nest was recently moved away from mining activities to a new location on company property […]