Pundits and analysts alike watching the developments among domestic fossil fuels in the United States have never been busier. New data and extrapolations pop up almost daily, contributing to what is becoming a rich stew of trends and counter-trends. Last week was no exception, with a “comeback” for coal in the power generation space being forecast as coming perhaps as early as next year, and the head of one of the nation’s largest fleets of gas-fired generation plants predicting coal-fired generation plant retirements will accelerate, not recede.
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Methane Hydrates Research Gets $5.6M Boost from DOE
The Department of Energy (DOE) on Friday said it will invest $5.6 million in more than a dozen research projects to increase understanding of the potential of methane hydrates as an energy source.
Dramatic North American Energy Shift Eyed
Natural gas and oil liquids are expected to expand globally, U.S. energy imports will continue declining and a reordering of the fossil fuel mix in North America will prompt a rethinking of domestic energy policy, according to the authors of a study due out later this summer.
Shaw, Exelon Explore Zero-Emission Gas Technology
In what eventually could be a breakthrough in reducing the carbon footprint of natural gas-fired and other fossil fuel power generation, the Shaw Group Inc. and Exelon have announced a project with an emissions control technology provider to demonstrate a potential zero-emissions process on a small-scale gas-fired plant during the next three years.
Report: Technology Redrawing Global Energy Map
Recent technology advances in efficiency management, unconventional fossil fuels and clean energy “have fundamentally changed the energy game and redrawn the global energy map,” according to a white paper issued by Joseph A. Stanislaw, an independent adviser to Deloitte LLP.
Ohio State Research Center to Focus on Shale
In response to technical advances that have expanded Ohio’s hydrocarbon resource potential, The Ohio State University (OSU) has created the Subsurface Energy Resource Center (SERC) with a goal to conduct and facilitate relevant shale research.
DOE to Help Fund 11 Unconventional Gas Research Projects
The U.S. Department of Energy (DOE) has set aside $12.4 million to help fund 11 research projects designed to help find ways to extract more energy from unconventional oil and gas resources while reducing environmental risks.
Container Export of LNG Approved by DOE
Carib Energy (USA) LLC said it has received authorization from the U.S. Department of Energy (DOE) Office of Fossil Energy to export liquefied natural gas (LNG) to Free Trade Agreement (FTA) countries in Central America, South America and the Caribbean.
Wyoming Governor Welcomes Renewed GTL Potential
Wyoming Gov. Matt Mead sees the potential for turning his state’s fossil fuels into gasoline as something that could add economic value to the state’s rich natural resources, according to Mead’s chief spokesperson. NGI asked for the governor’s response to the recent report that a legislative committee wants the state to help underwrite a study of the potential for turning natural gas and coal into gasoline (see Daily GPI, June 24).
Edison CEO: Low Gas Prices Boost Power Plant Values
The longer the period of low natural gas prices drags on, the more value is added to existing fossil fuel generation plants, Edison International CEO Ted Craver told a financial analysts at the Sanford C. Bernstein & Co. Strategic Decisions Conference. Craver acknowledged that he is struggling to add value to Edison’s independent power producer, Edison Mission Group (EMG).