Natural gas is expected to overtake coal and become the second-largest fuel in the energy mix by 2045, but the long-term demand outlook is tempered somewhat by the rise in renewable energy and efficiencies, according to the Organization of the Petroleum Exporting Countries (OPEC). Natural gas demand is projected to increase from 64.2 million boe/d…
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Williams, Ørsted Exploring Hydrogen, Synthetic Natural Gas in Wyoming
U.S. midstream giant Williams has partnered with Denmark’s Ørsted A/S to co-develop hydrogen or synthetic natural gas facilities powered by renewable energy. The companies signed a memorandum of understanding (MOU) to identify ways to leverage Ørsted’s renewables and hydrogen expertise with Williams’ natural gas infrastructure and processing experience to develop the projects. In particular, they…
FERC, NERC Inquiry into February Freeze Spotlights Natural Gas Failures
Natural gas-fired electric generators made up a majority of the failures identified by FERC during an inquiry into the extreme cold weather that rattled power markets in Texas and the Midwest in February. The Federal Energy Regulatory Commission, in a joint effort with the North American Electric Reliability Corp. (NERC), found freezing generator components and…
Natural Gas, CCUS Offer Quickest Path to Low-Carbon Hydrogen in Latin America, IEA Says
Natural gas and carbon capture, storage and utilization (CCUS) together offer the most feasible near-term path for expanding low-carbon hydrogen production in Latin America, according to new analysis by the International Energy Agency (IEA). Currently, the most prevalent and economically feasible way to produce hydrogen is by splitting it from natural gas without abatement of…
CFE, Pemex Favoritism Dissuading Investment in Mexico Energy Industry, Expert Says
“One of the priorities of this government is to strengthen the dominance of the two state energy monopolies, which has cut private investors out of the business,” Alejandra López Martínez, energy consultant at Eploc and seasoned Mexico energy industry expert, told NGI’s Mexico Gas Price Index. “Seeing international companies as a synonym for corruption has…
Sweeping Infrastructure Bill Goes Big on Energy Transition, Leaves Natural Gas Wanting
The $1 trillion infrastructure bill passed by the U.S. Senate Tuesday with bipartisan support includes a big boost in spending on renewable energy, the power grid and programs to broadly promote lower greenhouse gas emissions to slow climate change. The massive bill contains more than $550 billion in new spending. About $110 billion of that…
National Transition to Net-Zero Emissions in ‘Early Innings,’ Says Xcel CEO
State proposals to transition toward net-zero carbon emissions remain in the “early innings” but there are opportunities for natural gas utilities, according to Xcel Energy Inc.’s incoming CEO. COO Bob Frenzel, who is taking over as CEO for retiring Ben Fowke, discussed the energy transition recently during a 2Q2021 earnings conference call. Frenzel was quizzed…
U.S. Coal Generation Gains Ground from Uri and Higher Natural Gas Prices, Says IEA
The world’s thirst for electricity this year has led to an uptick in coal consumption and cut into U.S. natural gas consumption, according to the International Energy Agency (IEA). The global energy watchdog on Thursday said the world is getting back to business following the depths of the pandemic, with energy demand rising quickly. Coal…
DOE Seeking Information to Reconfigure U.S. Energy Grid
The U.S. Department of Energy (DOE) may consider a grid system that sources locally produced energy for regions, otherwise known as energysheds, as indicated by its latest request for information (RFI). Unlike an energyshed, the current energy transmission system can carry voltage produced at a power plant to its final destination over about 300 miles.…
Texas Governor’s Electric Reliability Directives Met with Mixed Reactions
The latest directive by Texas Gov. Greg Abbott aimed at ensuring electric reliability appears to be once again pitting proponents of fossil fuels against those who see renewables as an integral part of the energy landscape. In a letter sent to the Texas Public Utility Commission (PUC) last week, Abbott said the objective of the…