Sentences with phrase «cheap natural gas for»

They compete with cheap coal and currently, with very cheap natural gas for a place in the electricity market.

Not exact matches

Coal's slump is largely the result of cheap natural gas, which now rivals coal as a fuel for generating electricity.
Cheap natural gas has been an important source of fuel for the oilsands, but most of Canada already had abundant hydro - electrical endowments to power homes and businesses at relatively low cost, so shale hasn't been much of a revolution over here (pdf).
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.
ALBANY — The Cuomo administration's plan to save nuclear power plants will force utilities to pay for emissions credits that cover their losses in the face of cheap natural gas.
Ulster County Executive Mike Hein issued an executive order last week banning the use of fracking brine — a residue of drilling for natural gas, cheaper than salt — on county roads.
But, he said it will likely not solve the financial difficulties for upstate nuclear power plants, which have been suffering losses from the upstate - downstate bottle neck and competition from cheap natural gas.
Maxwell Ball, manager for clean coal technologies at SaskPower in Regina, which owns the plant, says that the company was surprised to learn that it would be cheaper in the long term to keep burning coal at Boundary Dam and sell the carbon dioxide to oil companies to boost production in the oil field than to build a new natural - gas plant.
Even as the US market for coal appears to be declining (first due to market pressure from cheaper natural gas and now EPA GHG rules), US exports of its coal abroad has been a sore spot.
If he can perfect his technique, it would give chemists a cheap, efficient way to convert natural gas to methanol and other key starter materials for the petrochemical industry.
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.
And with ever cheaper natural gas widely available now, paying a premium for ethanol or biodiesel seemed frivolous.
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.
Although SynGest's price isn't yet competitive with natural gas ammonia, Oswald believes there's substantial demand for a lower - carbon source of ammonia - based fertilizer: «Cheap natural gas won't fix that.»
2 Fusion On Tap Plasma physicist Eric Lerner has a dream: a form of nuclear energy so clean it generates no radioactive waste, so safe it can be located in the heart of a city, and so inexpensive it provides virtually unlimited power for the dirt - cheap price of $ 60 per kilowatt — far below the $ 1,000 - per - kilowatt cost of electricity from natural gas.
President - elect Donald Trump has vowed to revive the flagging U.S. coal industry, but a new analysis suggests cheap natural gas and falling prices for wind and solar power mean there are few places where it makes sense to build a new coal - fired power plant.
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
People's beliefs tend to align neatly with their interests, and in the absence of indisputable proof (and to non-scientists that means the equivalent of a ten - foot rise in sea level inundating South Beach) it is more «convenient» for people to use cheap oil, natural gas and coal.
For instance, falling US emissions are being driven mostly by cheap natural gas displacing coal — something that may happen elsewhere.
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.
Between January and May, U.S. carbon emissions fell to a 20 - year low; 48 percent of that resulted from substituting coal for cheap shale natural gas, while little, if any, came from deploying subsidized wind and solar, according to Michael Levi, the director of the climate change program at the Council on Foreign Relations.
Cheap natural gas, stagnant power demand, and power prices that have fallen significantly since 2008 have jeopardized the economics of about two - thirds of the nation's 100 - GW nuclear capacity, according to a working paper from the Massachusetts Institute of Technology (MIT) Center for Energy and Environmental Policy Research.
«In the U.S., we've known that wind energy can be cheaper than (natural) gas in some states, but solar is now inching toward that same milestone,» said Jacqueline Lilinshtein, U.S. analyst for Bloomberg New Energy Finance, a firm that advises industry clients on energy issues.
CategoriesCSP News & AnalysisTagsArizona, Arizona Public Service (APS), California, cheaper than natural gas, csp competes with natural gas, Solar Dynamics LLC, solar for after dark, solar for evening peak load, solar peaker
California's Energy Imbalancing Market is a strategy to buy cheap out - of - state hydropower from federal dams to replace the government - induced high price for natural gas peaker power as a result of shifting to green power.
So as California was doubling its share of electricity from costly renewables, its retail electricity prices rose in line with the rest of the nation as the cheaper natural - gas - generated electricity covered for the more expensive green energy.
We would have to swap out these for the typical cheaper low usage peaking natural gas generators that are less efficient and higher polluting.
@James Allison I guess 40 degrees north or south is not too extreme to use a heat pump, but only in a country that doesn't have an ample supply of natural gas, which is generally cheaper for heating at most if not all latitudes where it is available.
The bottom line is that Trump may talk a good game when it comes to coal, but dirt - cheap natural gas has destroyed any meaningful prospects for the coal industry.
Look at the charts starting on page 6, and you will find that for energy sources you might be considering investing in today, wind is always reported to be the cheapest, generally about 10 % less than the next cheapest which is natural gas.
There are three likely suspects: (1) cheap natural gas; (2) the growth of subsidized wind generation in the American Midwest; and (3) stagnant or declining demand for electricity.
The company cited cheaper natural gas, falling prices for alternative energy, and uncertainty over state and federal energy regulation.
In an op - ed for the New York Times, Michael E. Webber, deputy director of the Energy Institute at the University of Texas at Austin, blames coal's struggles on cheap and plentiful natural gas, cheap renewables and air - quality regulations launched under the George W. Bush administration, as well as weaker - than - expected demand for coal in Asia.
Even without the Clean Power Plan, coal's share of national electricity generation has been in steep decline for over a decade, dropping from 49 % in 2007 to 33 % in 2015, due largely to hydraulic fracturing, which has flooded the market with cheap, lower carbon natural gas.
It has now been reported that the cost of renewable energy plus battery storage is now comparable to, or actually cheaper than, the cost of the previously most economical form of the «peaking» power needed to compensate for sudden changes in electric grid demand or generation — natural gas.
First, more than thirty years of government funding for unconventional gas research, demonstration, and tax credits have contributed to a glut of cheap natural gas, making everything from solar to wind to nuclear uncompetitive, at least in the near - term, while also driving America's shift from coal to gas.
Adjusted for inflation, natural gas has not been this cheap for the past 35 years, with the price this year three to five times lower than it was in the mid-2000s.
What if a off shore wind power generates cheap electricity and innovators in selling heat pumps figure out how to replace gas heat with ground source heat pumps for less than natural gas connection and usage costs over the first ten year of the 20 year life of the heat pump and 50 - 100 year life of the ground source?
In the longer run, it isn't clear whether coal or natural gas will be cheaper in the US for producing electricity.
Renewables have driven electricity costs so high that EU manufacturers are moving production to the US, which has cheap natural gas AND cheaper electricity prices, for the same reason: fracking for oil and natural gas.
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.
Furthermore, the IEA report makes it clear that abundant cheap natural gas could push renewables out of the market unless there is a price on carbon or aggressive economic support for non-fossil renewable energy.
Finally, cheap natural gas presents opportunities for development of advanced carbon capture technologies.
Natural gas and electric cars are now both fairly cheap to fuel, though fueling with electricity can be time consuming and fueling up with natural gas will be a new experience for conNatural gas and electric cars are now both fairly cheap to fuel, though fueling with electricity can be time consuming and fueling up with natural gas will be a new experience for connatural gas will be a new experience for consumers.
Lucky for coal, natural gas is finally recovering after two long years of historically cheap prices.
It's hard for me to take an article on practical solutions to AGW seriously if it doesn't mention nuclear power or fracking and other cheap natural gas.
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.
Thanks to a rise in cheap, renewable energy, as well as natural gas production, utilities are experiencing an unprecedented decline in demand for electricity.
Fracking allows for the cheap extraction of natural gas from shale deposits that were previously inaccessible, and it is responsible for both the boom in natural gas production as well as the correlate controversy.
As I wrote last year when the rule was initially announced, many states are already well on their way to achieving the required reductions, thanks in part to a recent boom in cheap natural gas and the Obama administration's choice of 2005 as the basis year for cuts, which was close to America's all - time peak in carbon emissions.
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