Renewables

The United States government could request a panel process by February to settle the ongoing energy dispute with Mexico over practices that are considered to be in violation of the U.S.-Mexico-Canada-Agreement, or USMCA. This is according to Vanessa Sciarra, vice president of Trade and International Competitiveness at the American Clean Power Association (ACP), who spoke…

North American policymakers need to focus on ensuring energy adequacy along with improving coordination between the natural gas and electric power industries, according to a new analysis. In the 2023 Reliability Risk Priorities report, the North American Electric Reliability Corp.’s (NERC) Reliability Issues Steering Committee (RISC) found that a fast changing energy system has “implications…

Louisville Gas & Electric Co. (LG&E) and Kentucky Utilities Co. (KU) have filed a joint application requesting approval by the Kentucky Public Service Commission (PSC) to retire and replace three natural gas simple-cycle combustion turbines and four coal-fired electric generating units.  Under the proposal, the utilities would replace the retired facilities with two natural gas…

Liberty Energy Inc. President Ron Gusek does not shy away from the reality of climate change. He is convinced the planet is warming and sea levels are rising. Still, these are not overwhelming problems that necessitate bans on natural gas and other fossil fuels. In fact, Gusek said, a diverse array of energy sources is…

Industry and government experts said to ensure New England has the energy resources available to ensure reliability in the winter, more natural gas infrastructure and transmission for renewables must be built.  During the Federal Energy Regulatory Commission’s second New England Winter Gas-Electric Forum earlier this week, half of the discussions centered around the potential closure…

The Renewable E Index, under the ticker Renew-MX, made history in April, becoming the first-ever index on the Mexican Stock Exchange to measure companies’ transition to cleaner fuel use. María Valencia, President of the Validation Committee for the Renewable E Index, spoke with NGI Mexico’s GPI about the index, how it applies to natural gas…

The return of LNG volumes in Australia, as well as stable natural gas and oil trading, should boost Shell plc’s results in the first quarter, the integrated major said. Liquefied natural gas volumes are forecast to climb to 7.0-7.4 million metric tons (MT) in 1Q2023 from 6.8 MT in 4Q2022.  Shell, in a preview of…

A series of bills aiming to shore up the Texas power grid with backup dispatchable power is progressing through the state Senate, though some legislators fear the size and scope of the proposed rules ultimately will not address the reliability issues.  State Republican Sens. Phil King (District 10) and Charles Schwertner (District 5) introduced a…

Against a consistent backdrop of lackluster natural gas demand, robust production, lagging exports and unseasonably solid storage inventories, forward prices continued to crumble during the March 16-22 period, according to NGI’s Forward Look. Natural gas fixed prices declined more than 30.0 cents on average for April, with several U.S. locations recording even steeper decreases for…