Grow

Although no new nuclear power plants have come online in the United States since 1996, capacity continues to grow incrementally as operators refurbish existing units and minimize refueling outages. The additional capacity impacts gas-fired generating units as they typically are the marginal source of power, analysts at Barclays Capital noted.

Trading exchange profitability continued to grow during the third quarter as IntercontinentaExchange (ICE) and CME Group posted 16% and 20% net income increases, respectively, over their third quarter 2008 results.

Trading exchange profitability continued to grow during the third quarter as IntercontinentaExchange (ICE) and CME Group posted 16% and 20% net income increases, respectively, over their third quarter 2008 results.

With the right prices North American liquefied natural gas (LNG) imports eventually will grow, and in any event the new array of receiving terminals in the United States gives it more options, according to the head of Gazprom’s U.S. marketing/trading operations. The Russian natural gas giant, which opened its Houston-based North American energy trading operations Oct. 1, intends to be an active physical and financial gas players throughout the nation (see Daily GPI, Oct. 2).

British Columbia (BC) will grow to match Alberta — and possibly surpass it — as Canada’s prime supply source as development of shale deposits accelerates, the nation’s biggest natural gas producer predicts.

British Columbia (BC) will grow to match Alberta — and possibly surpass it — as Canada’s prime supply source as development of shale deposits accelerates, the nation’s biggest natural gas producer predicts.

As natural gas production in the Lower 48 from developing shale plays continues to grow, so too do questions surrounding the environmental impacts and current regulatory structure of the development process, according to a report released last week by the U.S. Department of Energy (DOE). In order to increase shale production, the government agency said protecting groundwater supplies is essential.

As natural gas production in the Lower 48 from developing shale plays continues to grow rapidly, so too do questions surrounding the environmental impacts and current regulatory structure of the development process, according to a report released Tuesday by the U.S. Department of Energy (DOE). In order to increase shale production, the government agency said protecting groundwater supplies is essential.

U.S. demand for fossil fuels — natural gas, oil and coal — will remain “exactly flat” to 2020, with only gas projected to grow at a rate of just 0.6% a year, according to a new report by McKinsey Global Institute (MGI).