The cost of integrating expanded wind power sources into the overall generation mix in the Pacific Northwest was reduced fivefold in the past two years through greatly reduced natural gas prices, according to a draft updated 2012 integrated resource plan (IRP) by Portland, OR-based PacifiCorp.
Fivefold
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IHS CERAWeek: Shell, Statoil CEOs Urge Industry Image Makeover
Statoil ASA plans to increase North American natural gas and oil production fivefold by 2020 through unconventional plays and in the Gulf of Mexico, CEO Helge Lund said at IHS CERAWeek 2012 in Houston. Lund was one of several top exploration chiefs to speak at the 31st annual week-long conference in Houston.
March 9, 2012