U.S. natural gas utilities are using innovation and technology to improve their portfolios, adding more renewable natural gas (RNG) and alternative fuels while reducing coal, executives said during the recent second quarter conference calls. 

Some utility executives noted that higher costs affected their recovery from last year’s high natural gas prices, but they are steadily moving toward net-zero emissions targets.  

NGI reviewed 2Q2023 results of several U.S. utilities. RNG is becoming a bigger part of the mix for some, while others are working to develop hydrogen, wind or emission reducing technology for existing infrastructure. While some utilities are targeting quicker transitions than others, the goal to reach net-zero emissions appears to be universal.