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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

BP Once Again Taking Bet on Solar Development

BP plc is pouring more investments into its alternative energy business with a $200 million bet on solar development.

December 22, 2017
Recent Declines Underscore ‘Choppiness’ of NatGas Power Burn Outlook, Say Analysts

Recent Declines Underscore ‘Choppiness’ of NatGas Power Burn Outlook, Say Analysts

Natural gas is on track this year to see the largest drop in its share of U.S. electric generation in over a decade, highlighting the price sensitivity of power burn as gas competes with renewables in the years to come, according to an analysis by Raymond James & Associates.

August 22, 2017
Big Oil Shifting to Natural Gas But Eyeing Renewables

Big Oil Shifting to Natural Gas But Eyeing Renewables

For the Big Oil majors, the portfolios are shifting considerably over the next decade toward natural gas and low breakeven oil, but they also are eyeing more penetration in renewables as investor sentiment toward carbon hardens, Wood Mackenzie researchers said Monday.

June 12, 2017

Bulls Take A Breather; June Seen Unchanged

June natural gas is set to open flat Friday morning at $3.37 as traders hold on to short positions and mull a softer cash market. Overnight oil markets inched higher.

May 12, 2017

Traders Have $3.05 Futures In Sight; May Called Flat

May natural gas is set to open unchanged Friday morning at $3.16 as traders factor in highly variable weather and see technical support levels intact for the moment. Overnight oil markets were narrowly mixed.

April 21, 2017

Traders See Market as Long-Term Buy, Yet April Called 2 Cents Lower

April natural gas is set to open 2 cents lower Friday morning at $3.03 as traders view the market as slightly overbought and little in the way of supportive weather is seen on the horizon. Overnight oil markets rose.

March 24, 2017
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