Sentences with phrase «from low natural gas prices»

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

Not exact matches

Coal mining jobs are declining partly because low natural gas prices have cut coal's market share from 50 percent in 2000 to 30 percent in 2016.
We estimate that low natural gas prices and state policies that move utilities away from coal are savings tens of thousands of lives and tens of billions of dollars each year.
All the while, the industry thrived financially under a combination of high oil prices, low natural gas prices (a major input cost), recession - induced relief from cost inflation and a reduced cost of capital as majors and foreign national oil companies gobbled up wobbly juniors.
The low natural gas prices caused coal's share of the power grid to fall from 42 % in 2011 to 37 % in 2012.
Results from the first round results of Alberta's Renewable Electricity Program were record - breaking, with the lowest wind power prices in Canadian history, making them competitive with natural gas power prices.
She suggested shipments of oil from Alberta and B.C. natural gas traversing Alberta could be on the chopping block, and had no firm answer about what Horgan's NDP government would have to do to provoke such a last - resort retaliation, a nasty flash of trade warring that could send Lower Mainland gasoline prices skyward.
Shell Oil has more excess profit at its disposal to fund future dividend growth than AT&T does (although AT&T is a non-cyclical stock that can rely upon steady cash flow from which to pay shareholders each year, whereas Royal Dutch Shell is an oil company that experiences low profits for 2 - 3 out of every ten due to the cyclical nature of oil and natural gas prices).
He wishes the plan came along two years ago, when Upstate nuclear plants started struggling to compete with low - price power from natural gas plants.
The campaign for new nuclear projects has run into depressed electricity demand due to the recession and the prospect of competition from low - priced natural gas from shale deposits.
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.
Current prices for natural gas are low, but natural gas prices have historically suffered from significant volatility.
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 selleLow 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 sellelow - cost, liquid - heavy assets from distressed sellers.
Shell Oil has more excess profit at its disposal to fund future dividend growth than AT&T does (although AT&T is a non-cyclical stock that can rely upon steady cash flow from which to pay shareholders each year, whereas Royal Dutch Shell is an oil company that experiences low profits for 2 - 3 out of every ten due to the cyclical nature of oil and natural gas prices).
-- If natural gas prices were to rise from their depression - like lows, HAWK could experience a significant boost in demand for its services.
The decline of that industry and related employment has been caused by technological changes in mining, and competition from low - priced natural gas for electricity generation, not by environmental regulations.
Among other things, Obama needs to spell out more clearly how he plans to clamp down on leakage from natural gas production, sustain investments in basic energy research despite lower energy prices and also overcome barriers to the deployment of non-polluting energy technologies.
Indeed, just this week, a Saudi - backed consortium placed an astonishingly low bid to build a solar farm in Dubai for only 3 cents / kWh, half the local price of power from natural gas.
Replacing electricity from Taiwan's operational and mothballed nuclear plants with natural gas would cost $ 2.85 billion per year for the natural gas purchases alone, at current low prices.
Increased demand from the electric sector, with low - priced natural gas burn totaling about 2,600 Bcf from April through June of 2012, up 27 % from just over 2,000 Bcf burned during the same period in 2011.
Clean - burning natural gas is an affordable and reliable source of energy that, along with increased energy infrastructure, could protect consumers from energy price volatility, benefit American workers, and improve the environment with lower emissions.
Expanded generation from renewables, rising natural gas prices, and static CPP targets in the post-2030 period in the CPP case allow existing coal - fired plants to operate at a higher utilization rate which rises from a low of 60 % in 2024 to 71 % in 2040.
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.
Lower natural gas prices resulted in reduced levels of coal generation, and increased natural gas generation — a less carbon - intensive fuel for power generation, which shifted power generation from the most carbon - intensive fossil fuel (coal) to the least carbon - intensive fossil fuel (natural gas).
In 2012 a paper from Yale estimated that in 2010 alone, when the spot price of natural gas averaged $ 4.37 / MMBtu, lower natural gas prices were adding over $ 100 billion a year to the US economy.
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.
Natural gas prices and price volatility have been relatively low ever since then — largely thanks to abundant domestic production from shale and other tight - rock formations.
In the energy markets, he said, «prices have been very low,» thanks to natural gas from shale deposits, and the market is «doing the job markets were intended to do.»
The recent low prices for natural gas and oil appear likely to continue for at least decades and possibly even longer due to the new technology for extracting natural gas and oil from shale rock.
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 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 natural gas prices.
A recent report from the Institute for Policy Integrity shows that the rapidly falling cost of renewable energy technologies (wind and solar, but not only wind and solar), coupled with the stubbornly low price of natural gas, mean that CPP compliance is likely to be cheaper than anyone projected.
The low price of natural gas has helped it replace coal as the largest source of power generation in the United States, which is good from an emissions perspective.
The price of a thousand cubic feet of natural gas at the wellhead dropped from $ 10.79 in July 2008 to as low as $ 1.94 in May 2012.
Other states have not been so direct, but nonetheless, coal plants have been shutting down in droves even as multiple nuclear plants have also opted to wind down operations in the past five years, citing difficult market structures and competition from low - priced natural gas.
Rising production from shale gas resources has been credited with both lower natural gas prices and declining dependence on imported natural gas.
The CPUC therefore set California's per kilowatt - hour electricity payment to generators of renewable energy projects of up to 20 megawatts at the lowest estimated price a utility would have to pay to obtain power from a new, industry - standard natural gas plant.
Besides adding locational benefits to the avoided cost, it shifted the definition of avoided cost from the lowest estimated price a utility would have to pay to obtain power from a new natural gas plant to the lowest estimated price a utility would have to pay to obtain power from a comparable resource.
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.
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