power generation

Pandemic Dents Mexico Natural Gas, Power Demand in April-July

Pandemic Dents Mexico Natural Gas, Power Demand in April-July

The Covid-19 pandemic dealt a substantial blow to Mexico’s natural gas demand between April and July, according to the U.S. Energy Information Administration (EIA). Gas consumption in Mexico averaged 8.2 Bcf/d during the period, down 5% or 0.5 Bcf/d from the same span last year, EIA said last Thursday, citing data from Genscape Inc. The…

September 1, 2020
Aging Natural Gas Infrastructure Rehab Targeted by DOE Grants

Aging Natural Gas Infrastructure Rehab Targeted by DOE Grants

More than $30 million in federal funding has been directed to 10 different research projects aimed at developing advanced natural gas transmission pipeline retrofitting technology to rehabilitate existing cast iron and bare steel pipes in the United States, the Department of Energy (DOE) said. To keep pace with the growing domestic gas industry, DOE’s Under…

August 17, 2020
Natural Gas-Fired Generation Increased Even as Covid-19 Hammered Demand

Natural Gas-Fired Generation Increased Even as Covid-19 Hammered Demand

Even amid lower overall electricity consumption due to Covid-19 mitigation efforts, natural gas-fired power generation grew 55,000 GWh year/year through the first half of 2020, according to the Energy Information Administration (EIA). Comparing the first six months of 2019 to the first six months of 2020, natural gas was the fastest growing source of electric…

August 13, 2020
Hydrogen Bidding to Gain Hold in Power Sector, with Natural Gas as Enabler

Hydrogen Bidding to Gain Hold in Power Sector, with Natural Gas as Enabler

In a post-coal, carbon-neutral world, hydrogen and renewable energy resources can lead the way in the transition from fossil fuels, a panel of experts said recently in a webinar hosted by the California Hydrogen Business Council. Supporting the vision of a “fiscally sustainable” future for hydrogen, executives during the webinar offered insights from the perspective…

July 27, 2020
Natural Gas, Renewables Transforming Colorado Energy Landscape, EIA Says

Natural Gas, Renewables Transforming Colorado Energy Landscape, EIA Says

Horizontal drilling, hydraulic fracturing and renewable power generation have transformed Colorado’s energy landscape over the last decade, the Energy Information Administration (EIA) said Thursday. Colorado ranked eighth among U.S. states in natural gas gross withdrawals (5.5 Bcf/d) and fifth in oil production (514,000 b/d) in 2019, said researchers led by Brett Marohl. Weld County, north…

July 23, 2020
Nearly In-Line Storage Injection Nudges July Natural Gas Futures Higher

Nearly In-Line Storage Injection Nudges July Natural Gas Futures Higher

The U.S. Energy Information Administration (EIA) reported an injection of 45 Bcf into storage for the week ending July 10, a print that reflected intense heat and robust cooling demand. The result pushed up Nymex natural gas futures, though early gains were modest amid lingering concerns about weak liquefied natural gas (LNG) demand. The build…

July 16, 2020
DOE Awards Carbon Capture, Storage Project Funding

DOE Awards Carbon Capture, Storage Project Funding

The U.S. Department of Energy (DOE) has awarded $11.5 million in funding for 12 research projects as part of Phase One of the Advanced Research Projects Agency-Energy’s (ARPA-E) FLExible Carbon Capture and Storage (FLECCS) program.  To adapt to conditions in an environment with high variable renewable energy (VRE), FLECCS projects awarded funding are to develop…

July 16, 2020
McDermott Emerges from Chapter 11, with $4.6B Wiped from Debt

McDermott Emerges from Chapter 11, with $4.6B Wiped from Debt

Houston-based McDermott International Ltd. has emerged from voluntary bankruptcy and cleared nearly all of its $4.6 billion debt off the books. The engineering, procurement and contracting (EPC) giant, which launched restructuring through Chapter 11 early this year, emerged with a $2.4 billion letter of credit capacity and $544 million of funded debt. “We will continue…

July 2, 2020
Dow Aiming to Stop Plastic Waste, Lower GHG Emissions

Dow Aiming to Stop Plastic Waste, Lower GHG Emissions

Dow Inc. has outlined a series of initiatives in order to combat plastic waste and achieve carbon neutrality by 2050. In its recently issued 2019 Sustainability Report, Michigan-based Dow said that by 2030, it would reduce its net annual carbon emissions by 5 million metric tons (mmt), or 15% from its 2020 baseline. Additionally, the…

June 30, 2020
Q&A with Lisa Viscidi on Mexico’s Natural Gas Market Development

Q&A with Lisa Viscidi on Mexico’s Natural Gas Market Development

Editor’s Note: NGI’s Mexico Gas Price Index, a leader tracking Mexico natural gas market reform, is offering the following question-and-answer (Q&A) column as part of a regular interview series with experts in the Mexican natural gas market. This 33rd Q&A in the series is with Lisa Viscidi, Director of Energy, Climate Change & Extractive Industries…

June 26, 2020
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