Natural gas is cheap today, but over-reliance on the clean-burning fuel down the road could empty consumer pockets with high and unpredictable electricity bills, consultancy IHS warns in a new study on U.S. power supply diversity.
Articles from Plants
Natural gas prices and flexible gas-fired power generation are two keys to California’s attempt to deal with the impact of more renewable-based and decentralized power supplies, according to the CEOs of Pacific Gas & Electric Co. (PG&E) and Southern California Edison Co. (SCE).
The benefits of shale gas are undeniable, but those “other Tcfs” — natural gas liquids (NGL) — are transforming the global marketplace and provide tremendous opportunities for the U.S. marketplace, an executive with MarkWest Energy Partners LP said in Philadelphia this week.
Total natural gas used for power generation in the United States was down 14% between January and July 2013 compared with the same seven month period in 2012, due primarily to higher gas prices relative to coal prices this year, according to a report issued Wednesday by the Energy Information Administration (EIA).
In the fourth paragraph of a story published Sept. 23, 2013 “U.S. West Coast LNG Seen Leading Canadian Terminal Projects” (seeDaily GPI,Sept. 23), the status of the two LNG plants in Oregon was incorrectly stated. Neither of the plants has received authorization from the U.S. Department of Energy for exports to non-FTA (free trade agreement) countries. That paragraph should read: As likely candidates to beat the BC pack of terminal and pipeline schemes Prentice pointed to two Oregon projects: Jordan Cove and Oregon LNG. Both have received authorization for exports to the limited number of countries that have a free trade agreement (FTA) with the United States. They are among at least 13 U.S. projects still seeking export authorization to non-FTA countries.NGIregrets the error.
The Environmental Protection Agency (EPA) on Friday issued long-awaitedproposed rulesfor greenhouse gas (GHG) emissions for new power plants, leaving gas-fired plants mostly unaffected but making construction of new coal-fired plants problematic.
Power generation will continue to grow in importance to the natural gas market. Reliably connecting gas supply to power plants in the years ahead will take more than synchronizing the gas and power days; a capital-intensive infrastructure buildout is necessary, as is new thinking on the part of pipelines, industry executives said in Houston last Thursday.
The International Energy Agency (IEA) said U.S. gas production could reach 797 billion cubic meters (bcm) (28.14 Tcf) by 2018, 17% higher than last year’s total of 681 bcm (24.05 Tcf), which was a 5% increase over 2011. That’s thanks to shale gas. Other countries have it, but they won’t be getting at it for some time, and that fact will keep the United States among the leading natural gas producers.
The majority owner-operator of one of two major California nuclear generating plants is seeking a short cut to restart at least partially one of two 1,100 MW units this summer at the same time the state grid operator is publicly expressing growing concerns about the idle plant.
The U.S. Environmental Protection Agency (EPA) needs to improve air emissions data for the oil and natural gas production sector, according to a report issued by the agency’s Inspector General.