Sentences with phrase «by cheaper natural gas»

In truth, coal is being beaten in the free market by cheaper natural gas and cheap renewable energy.

The right - leaning R Street Institute released a report this week that found no economic justification for financially supporting reactors that have been disadvantaged by cheap natural gas, state clean energy programs and federal tax incentives for wind.

This has happened in part because much of the Northeast relies on readily available hydropower from Canada and rapidly expanding natural - gas - fired electricity generation made possible by cheap natural gas from newly exploited shale deposits in Pennsylvania.

For instance, falling US emissions are being driven mostly by cheap natural gas displacing coal — something that may happen elsewhere.

But with coal - fired power plants already beleaguered by cheap natural gas prices and other environmental regulations, experts said getting there won't be easy.

Not exact matches

The primary cause has been competition from cleaner - burning natural gas, which has been made cheaper and more abundant by hydraulic fracturing.

A majority of economists, business and energy analysts instead agree that coal's demise is due to a triple whammy: competition from much cheaper and cleaner - burning natural gas, proliferated by fracking technology; growth in the solar and wind energy production; and tougher environmental regulations.

This could, of course, partly be due to the cheap natural gas made available by fracking.

The reasons are familiar by now: cheap natural gas, cheap renewables, stagnant electricity demand, and old coal plants getting outcompeted on the market.

The proposal comes as nuclear facilities across the country feel the financial pressure of cheap natural gas produced by the fracking boom and after Entergy has already decided to close its Vermont Yankee facility for economic reasons.

Although plans to close the plant are purely financial, largely spurred by competition from cheap natural gas, and will save the company $ 250 million in the next five years, Cuomo has threatened legal action against Entergy.

«As we read today's Quinnipiac poll, more upstate New Yorkers support hydraulic fracturing; others will point to the overall numbers that are heavily skewed by New York City voters who enjoy the benefits of cheap natural gas but have bought into the fear tactics by so - called activists,» said the trade group's executive director, Karen Moreau.

The nuclear industry's decline was hastened by the cheap price of natural gas and costly repairs to aging power plants.

Further, there are hopes for relatively low - cost natural gas to revive U.S. industries — from steel to plastics — that could take advantage of current prices, which by world standards are cheap.

They never caught on, however, because they could not compete with those powered by cheap electricity and because their heat source — burning biomass or natural gas — is difficult to manage.

Between 2008 and 2016, national coal production dropped by approximately 37 percent, a decline that analysts have attributed to both environmental regulations and competition from cheap natural gas and alternative energy sources.

By Alysha Webb, Editor and Publisher Cheap natural gas may be good for the U.S. economy as a whole, but it has made life more difficult for Stephens Auto Center, located in the heart of West... Read more

I see that mr. Boone, has run into trouble and right now oil is dirt cheap (let us see how long that lasts) but now that we are officially in recession (two consecutive quarters down) and the oil and gas companies boast record profits and the oil, natural gas, and coal resources will all last longer than 25 years by most projections (coal about a hundred years give or take a decade?)

A few companies are readying projects that would export cheap American gas by compressing and cooling it to liquefied natural gas (LNG).

I suspect that we will be hearing a lot more about hydrogen cars too; the fossil fuel companies might well fund a fake «hydrogen economy» because the cheapest hydrogen is made by steam reforming of natural gas; people think that this is somehow better than just running a car on CNG.

The last 10 years have seen coal being replaced by cheaper and cleaner energy sources, like renewables and natural gas.

Power generators are turning away from coal for a host of reasons: In some instances natural gas is cheaper; many states are requiring utilities to generate a certain portion of electricity from renewable resources; individual cities (and even an entire Canadian province) have decided to stop purchasing electricity created by burning coal; and new Environmental Protection Agency regulations are making it more expensive and less economical to use coal plants.

The plants join a series of generators recently stricken by financial pressure primarily by competition from cheap natural gas, expanding renewable capacity, and lethargic power demand growth.

As an economy reduces its emissions it will start with the cheapest abatement measures (energy savings) and then move to the more expensive measures by replacing energy - using equipment and switching from high - emission sources such as coal to low emission sources such as natural gas and nuclear power.

In a new report from Moody's, and reported on by SNL, the ratings agency predicts that cheap natural gas could lead to another massive wave of coal - fired power plant closures over the next year and a half.

This was driven by the economics of cheap natural gas, demonstrating the power of a simple price signal: the least expensive fuel will win.

In the US, where power generation from coal has fallen by 38 % in volume since 2007, the availability of cheaper natural gas brought about by the boom in shale gas production has caused significant switching from coal to natural gas in the power sector.

Our lifestyle has in the past been driven by cheap and easy access to oil, coal and natural gas.

Coal, pushed to retirement by EPA rules and cheap natural gas, diminishes in influence while solar capacity steadily rises to replace it.

In fact, with current technology, the cost of a wind - generated kilowatt hour in the American Midwest is now effectively cheaper than a kilowatt hour generated by natural gas.

By 2024, solar will be cheaper than natural gas.

It takes six decades between the time the decision is made to go with a particular energy generation form and the time it's end of life; committing to coal or natural gas right now, today, is the less economical choice, and fiscally irresponsible, because by the time the plant is built, there will be a 50:1 ratio of cheaper solar / wind / hydro / geothermal / wave years of service committed to.

That said, we have seen a bunch of plants basically killed by the same thing that's killing coal plants, namely cheap natural gas.

This new government data is also just the latest evidence that the U.S. is leading the industrialized world in carbon reductions thanks to cheap and abundant natural gas made possible by fracking.

The project has been plagued by billions of dollars in cost overruns, stagnant demand for electricity, competition from cheap natural gas plants and renewables, and the bankruptcy of Westinghouse Electric, the lead contractor and the designer of the AP1000 reactor that was supposed to be the foundation of a smarter, cheaper generation of nuclear power plants.

In the context of the US, this trend has been magnified by a preponderance of cheap natural gas, which has made coal an increasingly superfluous fuel to generate power.

Because domestic energy is more abundant, Americans have renewed mobility — literally, in the form of cheaper gasoline that's largely the result of U.S. crude oil impacting global markets and economically, because of oil and natural gas industry - supported job creation and investment, and a manufacturing renaissance spurred by affordable fuels and feedstocks.

Suppose further that because of resource depletion and technological change including cheap fracked gas, the coal - miner's job is ultimately unsustainable; in contrast, the farmer's job was sustainable if very difficult in the face of natural weather events, but is being made ultimately unsustainable by the additional stress from climate change.

It is now urging members to restore Europe's competitiveness by «fracking» for cheap natural gas from shale, instead of pushing «renewable» energy subsidies which cost consumers billions of pounds.

FACT CHECK: wind power contributes about 6 % of Ontario's electricity supply, at four times the cost of other power sources; wind power is not the «lowest - cost» option — the turbines are cheap to build but there are many other costs associated with wind power and its intermittency; wind power can not replace hydro and nuclear — the fact is, coal was replaced by nuclear and natural gas, a fossil - fuel - based power source.

Then there's «intermediate load,» with the next - cheapest tier of power plants, and at the top of that second hump, «peak load,» satisfied by (usually natural gas) «peaker plants» that are expensive to run but easy to ramp up and down quickly.

By August, DOE released the study, which pinned coal and nuclear retirements on cheap natural gas, debunked reliability concerns, and identified opportunities to improve grid resilience.

Overall, although natural gas is a non-renewable fossil fuel that emits carbon dioxide, the cumulative emissions saved by fuel switching over the next decade from coal to natural gas are likely to prove far cheaper than the removal of carbon dioxide from the atmosphere in future decades.

But most academic models show that the cheapest way to reduce CO2 by 20 percent in 2020 would be to switch from coal to cleaner natural gas.

Most importantly, this scenario pre-dates the fracking revolution that has flipped the use of coal and natural gas in the United States by making natural gas so cheap and plentiful.

Substituting in natural gas, wind, and solar for coal is a (relatively) manageable task, and the transition is aided by the fact that 1) renewables keep getting cheaper, 2) new technologies and policies are facilitating more flexible grids, and 3) electricity demand in the United States has stagnated for years, thanks to improvements in energy efficiency.

So, on top of retrofitting old alarms, you can buy a Roost Smart Smoke Alarm that can detect CO, all types of smoke (Roost uses a modified ionization sensor, called IoPhic, made by Universal Security Instruments), and natural gas, or you can get a cheaper smoke - only alarm.