MARKETWIRE ALERTS

MARKETWIRE ALERTS 

MarketWire Afternoon News for October 20^th

Updated at 5:00 PM ET 

HEADLINES:

–U.S. Natural Gas Exports to Mexico Hit Record High

–Georgia Power to Build 200MW battery energy storage in GA

–NCR Voyix, WEX to Enable Fleet Card Fuel Transactions

NEWS:

U.S. Natural Gas Exports to Mexico Hit Record High

U.S. natural gas pipeline exports to Mexico averaged 7.5 Bcfd in May, the highest monthly level on record, as demand from Mexico’s electric power sector continues to grow, the U.S. Energy Information Administration reported on Monday /10/20).
On an annual basis, exports averaged 6.4 Bcfd in 2024, up 25% from 2019 and the highest since records began in 1975. During that period, Mexico’s total natural gas consumption rose from 7.7 Bc/d to 8.6 Bcfd, led by the power generation sector.
U.S. exports flow through four main corridors, South Texas, West Texas, Arizona, and California with a combined capacity of 14.8 Bcfd and a 43% utilization rate in 2024. The South and West Texas routes accounted for 91% of exports, with West Texas volumes tripling from 0.6 Bcfd in 2019 to 1.8 Bcfd in 2024, supported by new infrastructure linking the Permian Basin to central and southwestern Mexico.
Export growth has been limited by pipeline bottlenecks and storage constraints, but Mexico continues to expand capacity, according to EIA. The gasoducto Puerta al Sureste, completed in 2025, connects with the Sur de Texas, Tuxpan pipeline to supply new power plants in the Yucatán Peninsula.

Additional projects, including Tula Villa de Reyes, Tuxpan Tula, Energia Mayakan, and Centauro del Norte are expected to further increase gas flow.
Mexico’s LNG sector is also emerging, with its first export cargo shipped in August 2024 from Fast LNG Altamira FLNG 1. Two more facilities Altamira FLNG 2 and Energía Costa Azul are under construction, adding 0.6 Bcf/d of capacity and drawing from U.S. gas via the Sur de Texas Tuxpan and Gasoducto Rosarito pipelines, according to the report.

Georgia Power to Build 200MW battery energy storage in GA

Georgia Power announced Monday (10/20) that it has begun construction on a new 200MW battery energy storage system (BESS) in Twiggs County, southeast of Macon, Georgia.

The system is designed to dispatch stored energy over a four-hour period and is projected for completion in 2027, according to a company statement.

The company also plans the construction of four BESS facilities, consisting of 765 MW in Bibb, Cherokee, Floyd, and Lowndes counties in the state of Georgia, with estimated completion dates in 2026.

Georgia Power is currently seeking approval from the Georgia PSC of 10 new BESS facilities with a total capacity of 3,022.5 MW and two new state-of-the-art solar systems paired with BESS totaling 350 MW. Site selection for these systems was based on deployment capabilities.

The utility company is also seeking bids for an additional 500 MW of Energy Storage Systems, each with a storage discharge duration of a minimum of two hours.

Georgia Power operates a diverse energy generation portfolio that includes nuclear, coal and natural gas, as well as renewables such as solar, hydroelectric and wind.

NCR Voyix, WEX to Enable Fleet Card Fuel Transactions

NCR Voyix Corporation and WEX announced on Monday (10/20) a collaboration to enable WEX payment for commercial fuel transactions at NCR Voyix’s cloud-native POS systems in the United States.

As part of the collaboration, NCR Voyix’s payment gateway interface, Voyix Connect, will integrate with WEX for processing transactions for fleets using WEX fleet cards, according to a company statement.

NCR Voyix expects to launch WEX card acceptance in 2026 as the company deploys its cloud-based Voyix POS and fuel solutions across its base of over 18,000 fuel stations.

“As NCR Voyix continues to expand our solutions to service commercial fuel transactions, teaming up with WEX is an important partnership to further this initiative,” said Nick East, executive vice president and chief product officer at NCR Voyix.

NCR Voyix Corporation is a global provider of digital commerce solutions for the retail and restaurant industries. Meanwhile, WEX is a provider of payment processing services for the commercial and government vehicle fleet industry in the United States.