Forecasts suggest that it would take time before U.S. hydrogen production is up to speed to match burgeoning demand, and before pilot projects produce conclusive results for blending the fuel in natural gas infrastructure. Natural gas and electric utilities, nonetheless, are eager to leverage the fuel to lower emissions in existing infrastructure and electricity generation. …
Inflations Reduction Act
Articles from Inflations Reduction Act
U.S. RNG Projects Proliferating, Fueled by Demand and Government Incentives
The number of renewable natural gas (RNG) projects across the country is rising as operators and states move to expand their alternative energy resources. Many of these projects are using waste from dairy farms and food, in addition to landfills, to produce RNG. As of January, there were 78 RNG projects under construction in the…
August 4, 2023
Baker Hughes Bullish on LNG, but Brownfield Expansions Likely to Eclipse Newbuilds
Houston-based Baker Hughes Co. kicked off third quarter earnings season for the oil and natural gas sector on Wednesday, acknowledging challenges but optimistic about the emerging upcycle, with a continuing bullish view for LNG. The oilfield services (OFS) giant operates around the world in four segments: OFS, Oilfield Equipment (OFE), Turbomachinery & Process Solutions (TPS),…
October 19, 2022
IRA, Permitting Reform Seen Possibly Boosting Natural Gas Infrastructure
The Inflation Reduction Act of 2022 (IRA) and a related promise for energy permitting reform may have improved the outlook for natural gas infrastructure, according to industry stakeholders. Speakers at LDC Forums’ Mid-Continent Forum in Chicago were under no illusions about the continued challenges facing newbuild projects, especially interstate pipelines. However, recent events have offered…
September 16, 2022
Big Implications Seen for U.S. Oil and Natural Gas Industry if Inflation Reduction Act Passes
The U.S. Senate passed a massive spending bill that would invest hundreds of billions of dollars to reshape the energy sector and try to slow climate change, creating far-reaching implications for oil and natural gas, as well as the country’s economy broadly. The Inflation Reduction Act includes an estimated $370 billion over 10 years to…
August 10, 2022
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