Sentences with phrase «low natural gas»

«With the low price of oil and the very low natural gas price you would think there would be some companies that would start to be pushed to the wall and a number of deals done.

But if clean tech developers look with envy at low natural gas prices, they should also take a lesson from the path the shale gas industry took to achieve commercial maturity.

In the downgrade report, analyst Jennifer Chang noted that her negative outlook on Chief Power «may continue in light of sustained low energy prices owing to low natural gas prices, new natural gas fired generation and tepid load demand.»

«Generators frequently blame low natural gas prices, but [nuclear operating] costs have been rising for over a decade,» Judson said.

Historically - low natural gas prices pushed power prices to their lowest - ever level in the NYISO territory last year, and the grid operator expects significant growth in distributed energy resoruces (DERs) as the state's Reforming the Energy Vision (REV) docket moves into its implementation phase.

If historically low natural gas prices go up, ratepayers will bear the burden — not DTE.

«Most independent studies show that low natural gas prices are overwhelmingly responsible for the market challenges facing coal and nuclear plants,» added Tom Kiernan, chief executive of the American Wind Energy Association.

Since 2013, low natural gas prices, market dynamics, technical issues, and policies that favor renewables have precipitated the closure or announced retirement of several nuclear reactors.

Under a low natural gas price scenario, 17 states need lift no finger to meet CPP emission targets set for 2030 and intrastate carbon emission trading prices are low.

«In some parts of the U.S., wind energy is now the cheapest source of electricity, even with today's low natural gas prices.»

To be sure, nuclear has also been hurt in the U.S. by low natural gas prices.

And though we burn 8 billion tons of coal every year to fuel around 33 percent of the nation's electricity generation, the industry has been slumping in the face of low natural gas prices and sluggish growth in electricity demand.

Contrary to Exelon claims, it is not low natural gas prices or negative power market prices caused by wind's production tax credit that are the cause of its plants» financial problems, Bradford said.

But low natural gas prices, welcome as they may be for consumers, put the gas companies in a squeeze.

Exelon is still pressing its case, and power sector analysts have noted its fleet continues to be at risk of unprofitability in PJM markets, squeezed by low natural gas prices and high operating costs.

As a result of sustained low natural gas prices, environmental compliance requirements, and natural equipment aging, the AEO 2016 Reference case forecasts the retirements of over 50 GW of coal capacity (see Figure 3).

«The drop in CO2 emissions is largely the result of low natural gas prices, which have contributed to natural gas displacing a large amount of coal used for electricity generation.»

Natural gas production from domestic shale gas formations began to rapidly increase starting in 2005, which has led to a relatively sustained period of low natural gas prices.

Environmental regulatory requirements may have been the straw that broke a baseload's camel's back — particularly for coal plants — but it appears that most baseload plants were already burdened by the effects of low natural gas prices, eroding customer demand, and lower capacity factors before the incremental burden of new regulations tipped the balance over to retirement.»

A CPP driven price on carbon isn't enough on its own to tip the scale towards wind and solar thanks to persistently low natural gas prices.

In addition to its relative low cost, Illinois Basin coal is more likely to be used in larger, more efficient plants with modern pollution control equipment, helping it compete against low natural gas prices.

Low natural gas market prices and their impacts on wholesale electricity prices, along with low energy growth since 2008 and a lack of stability in federal policy (such as the production tax credit), have influenced wind power deployment.

An early test could come in New York, where Gov. Andrew Cuomo has offered state subsidies to prevent the closure of three upstate nuclear plants, which are currently priced out of the NYISO market because of low natural gas prices.

Existing U.S. nuclear power generating plants operate under increasingly competitive market conditions brought on by relatively low natural gas prices, increasing electricity generation from renewable energy sources, and limited growth in electric power demand.

The majority of the reductions in the RGGI region to date have occurred because of coal unit retirements and cutbacks in the use of residual oil which were driven by the economics of low natural gas fuel prices.

On some of America's most idyllic shorelines between Vermont and California lie several behemoths of the past, shuttered nuclear power plants closed prematurely because they could no longer compete in electricity markets upended by record - low natural gas prices or because they had technical issues that made them too expensive or scientifically challenging to repair.

However, low natural gas prices, increasingly affordable renewable technologies and grid improvements, declining demand for electricity, and costly age - and safety - related power plant repairs have led to some nuclear reactors being retiring abruptly, with little or no advance planning.

Natural gas generation was up significantly to take advantage of low natural gas prices.

Low natural gas prices make gas - fired generation economically attractive during periods of low demand when operators in many parts of the country have more flexibility to choose between coal - and natural gas - fired units based on their dispatch cost.

During 2012, particularly in the spring and early summer, low natural gas prices led to competition between natural gas - and coal - fired electric power generators.

The industry acknowledges the role that low natural gas prices have played in the decline of the coal sector, but insists that EPA regulations, especially the MATS rule, are the primary culprits.

Amid historically low natural gas prices and the warmest March ever recorded in much of the United States, coal's share of total net generation dropped to 34 % — the lowest level since at least January 1973 (the earliest date for which EIA has monthly statistics).

There is evidence that the Midwest is steadily decarbonizing its electricity generation through a combination of new state - level policies (for example, energy efficiency and renewable energy standards) and will continue to do so in response to low natural gas prices, falling prices for renewable electricity (for example, wind and solar), greater market demand for lower - carbon energy from consumers, and new EPA regulations governing new power plants.

Despite low natural gas prices, solar and wind accounted for 60 percent of new U.S. power capacity last year and will likely account for 70 percent this year, says Marlene Motyka, U.S. alternative energy leader at Deloitte.

However, the short - term flexibility to take immediate advantage of low natural gas prices is limited in this sector, because many manufacturers that relied heavily on natural gas as fuel or feedstock closed down or moved abroad in the late 1990s and early 2000s in the face of rising natural gas prices.

A decline in coal - fired electricity generation, due largely to historically low natural gas prices

Wind industry officials often state that they can not compete with low natural gas prices, which are forecast to remain low and stable for decades.

In May 2010, American Electric Power announced it planned to run 10 small coal - fired power units on a part - time basis starting in June as «the weak economy reduced demand and low natural gas prices have made the use of some coal units less profitable,» according to the company.

The summary, for example, barely mentions natural gas, even though it is hard to find an energy analyst these days who does not see low natural gas prices, now foreseen for decades to come, as deeply undercutting prospects for expanded deployment of renewable energy sources (let alone nuclear power).

Low natural gas (and crude) prices also make it an easier call.

Prior to the spill, low natural gas prices and the credit crunch led to reduced fleet utilization and day rates that had hurt drillers in the Gulf of Mexico generally.

Low natural gas prices plus BP's Gulf of Mexico disaster made the well - capitalized firm an opportunist in securing low - cost, liquid - heavy assets from distressed sellers.

The industry has faltered because of declining global demand and low natural gas prices, which have encouraged electric power companies to use gas instead of coal to generate electricity, said Ray Rasker, executive director of Headwaters Economics, an independent research group focusing on the economic implications of land management decisions in the West.

Coal - fired power plants are shuttering thanks in part to stricter emissions laws and low natural gas prices.

Having generated power since 1951, Salem Station succumbed to low natural gas prices, weak electricity demand growth and tightening Federal pollution controls.

Stricter emissions requirements on coal - fired power plants, together with low natural gas prices, have contributed to a recent decline in the use of coal for electricity generation in the United States, she said.

In fact, low natural gas prices stalled the U.S. nuclear renaissance outside Georgia and South Carolina, long before the reactor meltdowns at Fukushima Daiichi in Japan.

Because of low natural gas prices, the Civic Natural Gas may also offer 30 to 40 percent fuel cost savings.

They point to the fact that low natural gas prices and the recession helped push regional greenhouse gas output below emission limits before the program got started in 2009, leaving little incentive for utilities to do anything further (ClimateWire, Jan. 12).

Without that added compensation, many nukes have trouble competing with gas - fired power plants, which benefit from low natural gas prices.