Efficiency

Industry Briefs

The timely and widely available information on natural gas physical and financial transactions puts the gas market ahead of other commodities in transparency and efficiency, according to a study by research scholar and author William P. Albrecht. The study, publicized by the Natural Gas Supply Association, finds that the information available to the natural gas market “has grown to a level that is unrivaled by other commodities. The system of index price formation and discovery is unique to the U.S. natural gas market and contributes substantially to price transparency and competitive pricing.” In the physical market the regular surveys of prices at dozens of locations conducted by independent publishers follow guidelines established by the Federal Energy Regulatory Commission (FERC). Voluntary participants in the survey “follow equally rigorous FERC-established procedures for the reporting of this data. The integrity of this structure has been well established for over five years and pricing information is available within the market for more than 25 Bcf/d, an amount equal in size to one-third to one-half of total U.S. natural gas consumption,” Albrecht said. In the financial market, the Nymex and IntercontinentalExchange electronic platforms provide real time transparency for futures, options and a large number of swaps.

September 14, 2009

Study Finds Natural Gas Market Tops in Transparency

The timely and widely available information on natural gas physical and financial transactions puts the gas market ahead of other commodities in transparency and efficiency, according to a study by research scholar and author William P. Albrecht.

September 14, 2009

Canadian Well Costs Down as Production Falls

Costs of new Canadian natural gas wells are dropping and the improved efficiency is slowing down deterioration of supply activity, a field contractor group says.

August 4, 2009

Microsoft Targets Energy Efficiency

Microsoft Corp. entered the home energy efficiency sector Wednesday, launching a free website, Microsoft Hohm, as a place where consumers can “save energy and money.”

June 26, 2009

EIA: Unconventional Gas To Grow More Than 43% by 2030

U.S. production and consumption of natural gas is expected to increase and gas imports will decline in the coming years, according to the Energy Information Administration’s (EIA) Annual Energy Outlook 2009 (AEO2009) reference case, an early summary of which was released last Wednesday. It presents updated projections through 2030.

December 22, 2008

Senate Renewable Bill Excludes Revenue Raisers on Oil, Gas

Sens. Maria Cantwell (D-WA) and John Ensign (R-NV) last week introduced a measure that would extend tax credits for renewable energy and energy efficiency, without increasing taxes for the oil and natural gas industry. Ensign Friday offered the $6 billion tax entension package as an amendment to housing legislation on the Senate floor.

April 7, 2008

New Senate Renewable Bill Excludes Revenue Raisers on Oil, Gas

Sens. Maria Cantwell (D-WA) and John Ensign (R-NV) introduced legislation Thursday that would extend tax credits for renewable energy and energy efficiency, without increasing taxes for the oil and natural gas industry. The bill was drafted as a stimulus proposal, requiring no offsetting revenue raisers.

April 4, 2008

Energy Execs Prepare for Inevitable CO2 Regulation

Energy efficiency is no longer the “polite” thing to do but rather is “starting to become a cultural imperative” the COO of Pace Global Energy Services said last week.

April 16, 2007

Energy Efficiency Now ‘Cultural Imperative,’ Says Pace Global Exec

Energy efficiency is no longer the “polite” thing to do but rather is “starting to become a cultural imperative,” the COO of Pace Global Energy Services said Tuesday.

April 11, 2007

MN Governor Wants State’s Fossil Fuel Use Cut 15% by 2015

Minnesota Gov. Tim Pawlenty has set a new aggressive energy savings goal of cutting the state’s fossil fuel use by 15% by 2015. Pawlenty believes the goal is achievable through energy efficiency and renewable resources, and he also raised the bar for renewables to 25% by 2025 from a previous goal of 10% by 2015.

December 18, 2006