June 22, 2026 - Today's Industrial Market News from Industrialinfo.com

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Industrial Info Resources - Industry News Podcast 2 min 1 speaker 4 chapters transcribed 1 month ago

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What are the latest U.S. natural‑gas power project developments and their link to data‑center growth?

Christine Ramos 0:11

This is the World Industrial News for Monday, June 22nd. Brought to you by Industrial Info Resources of Sugarland, Texas. A major development in North Dakota leads the third quarter project starts for natural gas-fired power generation construction across the US, with the growth in data centers driving a significant share of the investment.

How did the Trump administration’s offshore wind lease swap affect gas and geothermal investments?

Christine Ramos 0:34

The Trump administration on June seventeenth agreed to pay energy developer Invenergy seven sixty five million dollars in return for the firm, relinquishing four offshore wind farm leases and investing the proceeds instead in gas and geothermal power generation. The South Carolina Public Service Commission has given the go-ahead for Dominion Energy and state public power utility Sante Cooper to construct a 2,180 megawatt gas-fired power plant in Collatin County. The energy sector in Canada got a lift on both coasts with the hundredth delivery from the LNG Canada facility in British Columbia and a pending decision on the Bay Nord oil field in the Atlantic. Major healthcare reforms in Germany are being cited by pharmaceutical majors, E.

What new gas‑fired plant approvals were announced in South Carolina and Canada’s LNG sector?

Christine Ramos 1:24

L. Lilly and Boehringer, Ingelheim, for cutting their planned investments by more than 2 billion US dollars. The French Parliament has passed a bill that dismantles the decades old monopoly held by state owned utility EDF over the nation's hydropower market. The new law forces the conversion of historic hydro concessions into competitive permits.

How are European energy reforms reshaping hydro‑power and pharmaceutical investment plans?

Christine Ramos 1:48

It mandates that France auction off six gigawatts of hydropower capacity every year under the direct supervision of the country's national energy regulator. For details on these and other breaking news, read the full stories at industrialinfo.com. I'm Christine Ramos, reporting for Industrial Info News.

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