Energy Transition

The headline and the lead paragraph in the story, U.S. Renewables Capacity Growing, but Natural Gas Still King, were revised. While the percentage of growth in renewables capacity is higher, natural gas remains the leading source of power for electric generators. NGI regrets the error. 

The massive opportunities presented by nearshoring were all the rage at a packed energy conference in Monterrey, Nuevo León, on Wednesday. Industry Exchange LLC’s 8th Mexico Infrastructure Projects Forum kicked off with government officials and executives expounding on the theme. Nuevo León Economy Secretary Iván Rivas said, “We will do everything to take advantage of…

Nearly a year after receiving federal approval, Kinder Morgan Inc. has sanctioned the 2 Bcf/d Evangeline Pass pipeline project that would feed Venture Global LNG Inc.’s Plaquemines LNG export facility. In a call with investors to discuss 4Q2022 earnings earlier this month, CEO Steven Kean said Kinder is moving forward with the $678 million Evangeline…

An affiliate of Shell plc has delivered the first emissions-neutral cargo under a framework launched last year by the International Group of LNG Importers (GIIGNL) to better standardize shipments.  GIIGNL said the pilot cargo was supplied by Chevron Corp.’s Gorgon export facility in Australia to state-owned CPC Corp. in Taiwan.  “This pilot shipment has helped…

Minnesota’s state legislature has ramped up the clean energy targets for electric utilities with a bill that would ensure utility customers would receive 100% of their energy from only carbon-free resources 10 years sooner than many utilities had initially planned. A 35-member group of Minnesota Democratic-Farmer-Labor (DFL) Party House members introduced House File (HF) 7…

Private exploration and production (E&P) operator Poco Holdco LLC received Project Canary’s highest possible environmental assessment rating for most of its Denver-Julesburg (DJ) Basin operations in Colorado.  The E&P, a branch of private energy investment and management company Providence Energy Ltd., clinched Denver-based Project Canary’s “Platinum” certification for 22 operated horizontal wells at two wellsites. …

While solar and wind capacity are on the rise in the United States, natural gas-fired generation remains far and away the main source of power for electric operators across the nation, according to the U.S. Energy Information Administration (EIA).*  The agency said in a recent report that 2023 may continue the trend of “one of…

New York Gov. Kathy Hochul (D) has proposed banning natural gas hookups in new building constructions statewide starting in 2025. During her ‘State of the State’ address on Tuesday (Jan. 10), she called for no on-site fossil fuel combustion by 2025 for smaller buildings, and by 2028 for larger buildings. This would be a more…

Commonwealth Edison Co. (ComEd) has filed to raise monthly electricity rates by about $4.25 for the average monthly residential electricity bill annually from 2024-2027 as it strengthens the grid and prepares for increased electrification.  The Chicago-based Exelon Corp. subsidiary noted that its electricity utility customers currently see an average bill of $93/month, about 20% lower…