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Shell to Power Natural Gas Field Offshore Malaysia With Solar and Wind

Shell to Power Natural Gas Field Offshore Malaysia With Solar and Wind

The Timi field, a natural gas discovery sanctioned offshore Malaysia, is set to feature the nation’s first wellhead platform powered by a solar and wind system, according to Royal Dutch Shell plc. Shell subsidiary Sarawak Shell Berhad (SSB) announced a final investment decision for the sweet gas field discovered in 2018.  As designed, Timi could…

August 30, 2021
Natural Gas Futures Prices Rise Early on Production Drop, Sustained Heat in Forecast

Natural Gas Futures Prices Rise Early on Production Drop, Sustained Heat in Forecast

Natural gas futures continued to climb early Tuesday as weather models still showed strong heat across the eastern United States next week. A large production decline, though viewed as likely temporary, also contributed to the early gains. The September Nymex gas futures contract was trading at around $3.994, up 5.9 cents, at around 8:45 a.m.…

August 3, 2021
Feds Looking to Expand Wind Energy Offshore East, West Coasts and GOM

Feds Looking to Expand Wind Energy Offshore East, West Coasts and GOM

The Department of Interior may have paused federal oil and natural gas leasing, but it is looking to deploy 30 GW of offshore wind capacity on nearly every U.S. coast by 2030. A competitive lease sale to kick things off is planned in the New York Bight, with other auctions eventually expected offshore the West…

June 21, 2021
Biden Administration Looks to Northern California’s Offshore to Site More Wind Energy Projects

Biden Administration Looks to Northern California’s Offshore to Site More Wind Energy Projects

California’s coast may be the site of the West Coast’s first installment of offshore wind infrastructure following an announcement by the Biden administration this week. The administration said the Department of Interior (DOI), Bureau of Ocean Energy Management (BOEM) and the Department of Defense (DOD) have agreed to lease 399 square miles off the northern…

May 30, 2021
Massachusetts Setting Net Zero Emissions Goal by 2050

Massachusetts Setting Net Zero Emissions Goal by 2050

Massachusetts Gov. Charlie Baker on Monday signed into law climate change legislation to achieve net zero emissions by 2050. “Climate change is an urgent challenge that requires action, and this legislation will reduce emissions in Massachusetts for decades to come while also ensuring the commonwealth remains economically competitive,” Baker said. The new law, which passed…

March 29, 2021
Renewable Capacity Additions to Far Outpace Natural Gas in 2021, EIA Electricity Data Show

Renewable Capacity Additions to Far Outpace Natural Gas in 2021, EIA Electricity Data Show

Renewables will account for a substantial majority of the new U.S. utility-scale electric generating capacity planned to start commercial operation this year, with natural gas coming in a distant third behind solar and wind, according to data from the Energy Information Administration (EIA). Developers and power plant owners plan to add 6.6 GW of natural…

January 12, 2021
U.S. Renewables Consumption Outpaced Coal in 2019, Thanks in Part to Natural Gas

U.S. Renewables Consumption Outpaced Coal in 2019, Thanks in Part to Natural Gas

The United States’ use of coal continued to decline in 2019, while renewable energy and natural gas consumption remained strong, according to the Energy Information Administration (EIA).

May 29, 2020

Natural Gas to Trail Wind, Solar in New Electricity Generation This Year, EIA Says

The United States will add 42 GW of new electricity capacity to commercial operations this year, with 9.31 GW (22%) coming in the form of natural gas-burning facilities, but the largest additions will be wind and solar generation, according to the Energy Information Administration (EIA).

January 14, 2020

Natural Gas Needed for California Decarbonization, Energy Policy Report Says

Renewables and battery storage are only part of the equation leading to meeting California’s aggressive decarbonization goals, according to a report presented at a seminar at Stanford University on Wednesday by former Department of Energy Secretary Ernest Moniz.

April 15, 2019

Bright Light, Big Wind Chasing Natural Gas Market Share, Says Raymond James

Natural gas generation has been the biggest beneficiary of market share as coal generation declines, but the “principal winners” in the U.S. electricity mix eventually will be wind and solar, according to Raymond James & Associates Inc.

November 20, 2018
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