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Natural Gas to Prove Far More Resilient than Coal Amid Energy Transition, Raymond James Says

Natural Gas to Prove Far More Resilient than Coal Amid Energy Transition, Raymond James Says

Demand for natural gas is likely to prove strong for several more years, and the fuel should maintain its market share in the electricity mix despite a transition to renewable sources of power such as wind and solar, Raymond James & Associates Inc. analysts said. “We believe that gas-fired generation has room to grow on…

August 9, 2021
U.S. Coal Market Fundamentals Said ‘Extremely Strong’ as Natural Gas Prices Soar

U.S. Coal Market Fundamentals Said ‘Extremely Strong’ as Natural Gas Prices Soar

The coal market is witnessing a resurgence in the United States as natural gas prices skyrocket and utilities turn to coal-powered generation, according to Alliance Resource Partners LP (ARLP) CEO Joseph Craft. “Commodity prices for each of our business segments have skyrocketed to levels not experienced in several years,” Craft said as second quarter earnings…

July 28, 2021
Higher Natural Gas Prices, Winter Storm Give Oomph to U.S. Coal Generation, Says IEA

Higher Natural Gas Prices, Winter Storm Give Oomph to U.S. Coal Generation, Says IEA

The world’s thirst for electricity this year has led to an uptick in coal consumption and cut into U.S. natural gas consumption, according to the International Energy Agency (IEA). The global energy watchdog earlier this month said the world is getting back  to business following the depths of the pandemic, with energy demand rising quickly.…

July 20, 2021
Asia Pacific Coal Power Investments Seen Outpacing Natural Gas into 2030s

Asia Pacific Coal Power Investments Seen Outpacing Natural Gas into 2030s

Wind, solar and natural gas have the brightest future in Asia Pacific power generation, although coal is not going anywhere soon, according to experts at Wood Mackenzie. “Asia Pacific power generation investments are leading the world and expected to hit $2.4 trillion in the current decade, with renewables accounting for over half, or $1.3 trillion…

June 23, 2021
Duke Energy Plans Net-Zero Methane Emissions, Faster Coal Retirements

Duke Energy Plans Net-Zero Methane Emissions, Faster Coal Retirements

Gas and electric utility Duke Energy plans to significantly reduce its carbon footprint through accelerating coal plant retirements, achieving net zero methane emissions in its natural gas business by 2030, among other proposed measures. Management at Charlotte, North Carolina-Duke announced the goals Friday during what they called its inaugural environmental, social and governance investor day.…

October 12, 2020
Displacing Coal in Asia Seen as Key to LNG Growth in Era of Environmental Urgency

Displacing Coal in Asia Seen as Key to LNG Growth in Era of Environmental Urgency

If growth projections are expected to be realized for liquefied natural gas (LNG) in the coming decades, more must be done to ensure its role in displacing coal and aiding the energy transition, according to some experts.  The Asian market is seen as a key to LNG’s future growth and a global goal of reducing…

September 11, 2020
Alliant Energy Accelerating Net-Zero CO2 Goals by 10 Years

Alliant Energy Accelerating Net-Zero CO2 Goals by 10 Years

Alliant Energy Corp. is working to eliminate all coal use by 2040, 10 years sooner than previously planned, and by 2050 is aspiring to be net-zero carbon dioxide (CO2) emissions from the electricity it generates, according to their 2020 Corporate Responsibility Report (CRR). The Madison, WI-based utility, which serves around 420,000 natural gas customers across…

July 28, 2020
Wyoming, Montana Push for U.S. Supreme Court to Rule on Coal Export Dispute

Wyoming, Montana Push for U.S. Supreme Court to Rule on Coal Export Dispute

Wyoming and Montana on Tuesday filed briefs with the U.S. Supreme Court challenging as unconstitutional the state of Washington’s rejection of an export terminal to process the states’ coal supplies for export to Asian markets. The two states in January asked the U.S. Supreme Court to rule on Washington’s denial of a water permit for…

June 24, 2020
Indiana Corn Milling Facility Switching to Natural Gas from Coal

Indiana Corn Milling Facility Switching to Natural Gas from Coal

UK-based Tate & Lyle PLC said a $75 million investment into a natural gas-fired combined heat and power system is planned for its Lafayette, IN, corn wet milling facility.

June 10, 2020
U.S. Renewables Consumption Outpaced Coal in 2019, Thanks in Part to Natural Gas

U.S. Renewables Consumption Outpaced Coal in 2019, Thanks in Part to Natural Gas

The United States’ use of coal continued to decline in 2019, while renewable energy and natural gas consumption remained strong, according to the Energy Information Administration (EIA).

May 29, 2020