Weather, the weakening U.S. dollar, stronger demand and North America’s inability to attract cargoes of liquefied natural gas (LNG) in a competitive world market are all expected to exert upward pressure on natural gas prices, according to this month’s “Short-Term Energy Outlook” from the U.S. Energy Information Administration (EIA).
Tag / Competitive
SubscribeCompetitive
Articles from Competitive
FERC: Oil Prices, Weak Dollar Affecting Gas Market
A 74% spike in crude oil prices since the beginning of 2006 and a 28% dip in the value of the dollar against the euro have substantially affected the competitive positions of domestic energy industries, affecting imports and exports of both gas and coal, and changing usage patterns for natural gas, according to Charles Whitmore of FERC’s Office of Enforcement.
FERC: Oil Prices, Weak Dollar Affecting Gas Market
A 74% spike in crude oil prices since the beginning of 2006 and a 28% dip in the value of the dollar against the euro have substantially affected the competitive positions of domestic energy industries, affecting imports and exports of both gas and coal, and changing usage patterns for natural gas, according to Charles Whitmore of FERC’s Office of Enforcement.
Commerce Energy Group Eyes Sale or Partner
A pioneering firm in California’s ill-fated competitive retail electricity market, Costa Mesa, CA-based Commerce Energy Group Inc., hired an investment banking unit with the Royal Bank of Canada (RBC) earlier in September to assess the national energy retailer’s options for selling or partnering with another firm in the industry. A letter and subsequent financial filing by Commerce’s largest shareholder prompted the action.
Commerce Energy Group Eyes Sale or Partner
A pioneering firm in California’s ill-fated competitive retail electricity market, Costa Mesa, CA-based Commerce Energy Group Inc. hired an investment banking unit with the Royal Bank of Canada (RBC) earlier in September to assess the national energy retailer’s options for selling or partnering with another firm in the industry. A letter and subsequent financial filing by Commerce’s largest shareholder prompted the action.
California’s Large-Scale Solar Competition Heats Up
An offshoot of the original developer of the 310 MW of solar installations currently operating in the Mojave Desert in Southern California is the latest entrant in an increasingly competitive push to develop utility-scale solar power generation installations in the desert north and east of the Los Angeles Basin. All three major utilities have contracts for a proposed project, any one of which would dwarf any other solar installation now in existence in the United States.
Gasification Group Disputes Research Critical of LNG-Fueled Power
The Gasification Technologies Council (GTC) Thursday blasted the recent findings of Carnegie Mellon University researchers that say liquefied natural gas (LNG) might not be competitive with advanced coal technologies on an emissions basis when regasified LNG is used to fuel power plants.
CPV Wants to Build DC Area’s Cleanest-Ever Power Plant
Competitive Power Ventures (CPV) Wednesday unveiled plans to build a 600 MW natural gas-fired combined-cycle power plant in Charles County, MD, less than 20 miles south of Washington, DC — the cleanest generation facilities ever built in the region, the company said.
Atmos Energy Buys Gas Contracts from Virginia Marketer
Highland Energy, a wholly owned competitive market subsidiary of RGC Resources, Inc., based in Roanoke, VA, says it has entered into an agreement to sell gas supply contracts along with related business records to Atmos Energy Marketing LLC for $414,270.
Dominion to Sell Two Gas Utilities to Equitable for $970M
Dominion Resources on Thursday said it reached a deal to sell its natural gas utilities in Pennsylvania and West Virginia to Pittsburgh, PA-based Equitable Resources for an estimated $970 million. The transaction, which is expected to be completed either late this year or in early 2007, will make Equitable the largest gas service provider in Pennsylvania and second largest in West Virginia.