Sentences with phrase «from cheap natural gas»

It expects to lose about $ 60 million annually on the plant because of competition from cheap natural gas.

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.

Facing economic pressure from cheap natural gas and renewable energy, roughly one - half of U.S. nuclear plants in competitive markets are at risk of early retirement.

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.

But even a small price increase could slow the industry's growth in states where solar already faces fierce competition from cheap natural gas, such as Florida, Georgia, South Carolina or Texas.

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.

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.

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.

But the lack of discussions of nuclear energy in the main ministerial meeting leaves off the table important questions about how to manage the world's existing reactor fleet given rising competition from cheap natural gas and concerns about safety and security.

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.

Even before the prospect of new climate change regulations, the US coal industry was being clobbered by the competition from cheap natural gas.

¶ With fewer power plants burning the fossil fuel, competition from cheap natural gas, and rising wind and solar energy, coal's contribution to the nation's electricity production has dropped to 30 %, down from 52 %, 20 years ago.

While environmental regulations have helped force the retirement of tens of thousands of megawatts of coal - fired power generation in recent years, so has competition from cheap natural gas.

Coal's share of U.S. power generation has plunged in the face of competition from cheap natural gas and renewables.

Although the changes he is setting in motion will make it cheaper to extract coal and use it to generate electricity, they are unlikely to dramatically boost domestic demand for coal, which faces stiff competition from cheap natural gas and is affected by other pollution regulations untouched by Trump's order.

Power markets throughout the world are oversupplied due to out - of - market renewables and, in the US context, fierce competition from cheap natural gas.

The dire forecast comes as major U.S. coal companies already are struggling with fierce competition from cheap natural gas, rising coal prices and waning demand from overseas customers like China.

But its funding of climate denial groups was only exposed in disclosures after the coal titan was forced to seek bankruptcy protection in April, under competition from cheap natural gas.

In doing so, it disregards the real reasons for its declining profits and layoffs — competition from cheap natural gas and sagging Asian demand for metallurgical coal.

But the sharp drop in coal prices, under competition from cheap natural gas, and a string of bankruptcies among leading US coal companies has inadvertently revealed the coal industry's continued support for climate denial - even as oil companies moved away from open rejection of the science.

Trump has repeatedly promised to «free up the coal» and save this struggling industry that faces both economic competition from cheaper natural gas (also called shale gas) as well as new regulations designed to reduce air toxins and carbon emissions linked to climate change.