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.
Closure of coal - fired power plants hasn't affected reserve margins since new capacity
from new natural gas plants is also being built.
The short version is that electricity
from new natural gas plants costs about half as much as coal, and that's at gas prices approaching five dollars... two - and - a-half times the current price!
The report, «Beyond Renewable Portfolio Standards: An Assessment of Regional Supply and Demand Conditions Affecting the Future of Renewable Energy in the West,» compares the cost of renewable electricity generation (without federal subsidy) from the West's most productive renewable energy resource areas — including any needed transmission and integration costs — with the cost of energy
from a new natural gas - fired generator built near the customers it serves.
Not exact matches
That's up
from 15 % in 2016, with the shift driven by
new solar and wind projects, the end of droughts in the West, and a dip in the share of
natural gas generation.
CEO Randy Eresman noted in the Calgary - based company's 2011 year - end results: «For the industry as a whole, near - term
natural gas prices are at levels below what it costs to add most
new production, and in some places, may even be below what it costs to produce
from existing wells.»
Horgan announced the proposed subsidies ahead of a final investment decision on LNG Canada's $ 40 - billion project which would include building a
natural gas pipeline
from northeast B.C. to a
new terminal on the coast.
After a century of relative improvements in harnessing energy,
from coal to steam to
natural gas, Ford created a
new system.
The average family in
New England trying to keep out Jack Frost probably doesn't care much about where their
natural gas comes
from.
RICHMOND, Va. (AP)-- Dominion Energy Virginia said Tuesday that it plans to build at least eight
new natural gas - fired plants during the next 15 years, cementing its shift away
from coal, while depending on renewables for less than 10 percent of its energy capacity.
Under McClendon, Chesapeake Energy grew
from a small operation into the second - biggest
natural gas producer in the United States, exceeded only by Exxon Mobil, according to The
New York Times.
In March, B.C.'s
New Democrat government offered new conditions and tax incentives for the province's liquefied natural gas projects, including relief from provincial sales taxes, subject to repayment in the form of an equivalent operational payme
New Democrat government offered
new conditions and tax incentives for the province's liquefied natural gas projects, including relief from provincial sales taxes, subject to repayment in the form of an equivalent operational payme
new conditions and tax incentives for the province's liquefied
natural gas projects, including relief
from provincial sales taxes, subject to repayment in the form of an equivalent operational payment.
Newer SAGD plants such as Connacher Oil and
Gas's Great Divide have managed to nearly eliminate fresh water use — they use non-potable water from aquifers and recycle it — and reduce GHG emissions by about 20 % compared to the industry average through more efficient burning of natural gas, cogeneration of electricity and reduced heat loss on the steam's journey undergrou
Gas's Great Divide have managed to nearly eliminate fresh water use — they use non-potable water
from aquifers and recycle it — and reduce GHG emissions by about 20 % compared to the industry average through more efficient burning of
natural gas, cogeneration of electricity and reduced heat loss on the steam's journey undergrou
gas, cogeneration of electricity and reduced heat loss on the steam's journey underground.
Among the factors that could cause actual results to differ materially are the following: (1) worldwide economic, political, and capital markets conditions and other factors beyond the Company's control, including
natural and other disasters or climate change affecting the operations of the Company or its customers and suppliers; (2) the Company's credit ratings and its cost of capital; (3) competitive conditions and customer preferences; (4) foreign currency exchange rates and fluctuations in those rates; (5) the timing and market acceptance of
new product offerings; (6) the availability and cost of purchased components, compounds, raw materials and energy (including oil and
natural gas and their derivatives) due to shortages, increased demand or supply interruptions (including those caused by
natural and other disasters and other events); (7) the impact of acquisitions, strategic alliances, divestitures, and other unusual events resulting
from portfolio management actions and other evolving business strategies, and possible organizational restructuring; (8) generating fewer productivity improvements than estimated; (9) unanticipated problems or delays with the phased implementation of a global enterprise resource planning (ERP) system, or security breaches and other disruptions to the Company's information technology infrastructure; (10) financial market risks that may affect the Company's funding obligations under defined benefit pension and postretirement plans; and (11) legal proceedings, including significant developments that could occur in the legal and regulatory proceedings described in the Company's Annual Report on Form 10 - K for the year ended Dec. 31, 2017, and any subsequent quarterly reports on Form 10 - Q (the «Reports»).
Ontario already has a surplus of power, and has signed 20 - year contracts for electricity
from two
new natural -
gas fired generating stations being built in Sarnia and Napanee.
Her
new majority will provide an opportunity for her government pursue its fever dream of enormous liquid
natural gas revenues that will miraculously banish all debt and deficit
from the province, a dream that is more than likely to turn into a nightmare of environmental damage and business losses well before the longed for and probably illusory No More Debt Day arrives.
U.S. oil and
natural gas production
from Pennsylvania could help power Ontario and Quebec for instance, even as Canadian shale flowed through pipelines
from Alberta to the U.S. Infrastructure matters a lot in these settings, especially given the difficulties most companies are facing in building
new pipelines (Exhibit A: see the Dakota Access Pipeline).
Thanks to
new supply
from shale formations,
natural gas is not only abundant, but it's cheap too.
In the middle third of the U.S., wind farms have an all - in cost that is less than a third that of a
new natural gas - fired plant, and wind power is also well below the cost of power
from large - scale solar farms.»
An offer
from TransCanada to build a
new natural gas line to the province seems good on the surface, but considerably less magnanimous when you consider it's asking the Ontario Energy Board to approve a 52.3 per cent increase to the rates it charges to some of its customers.
As the biggest station operator and supplier of
natural gas for transportation in the U.S., the company should benefit
from higher oil prices and more focus on reducing emissions likely to drive many truck operators to consider this
new engine.
That filing came ten days after Ms. Clark's government announced it had assigned parliamentary secretary Pat Pimm to identify
new economic opportunities
from the province's
natural gas sector.
That complements the Los Angeles County Metropolitan Transportation Authority's recent $ 138 million order for electric buses
from New Flyer and China - based BYD as it too replaces thousands of
natural gas vehicles.
New Democrat Leader John Horgan explains how the Liberal government promised the cleanest liquefied
natural gas industry in the world, but are ignoring 70 per cent of the greenhouse
gas emissions
from the production.
The U.S. is awash in
natural gas from newly exploited shale deposits, but
New Englanders paid record prices for
gas this past winter because of inadequate pipeline capacity.
VICTORIA — B.C.'s
New Democrats are calling for new and stronger actions from the B.C. Liberals to ensure long - term sustainability and environmental quality, greater public accountability, and best practices in the natural gas industry as the practice of hydraulic fracturing
New Democrats are calling for
new and stronger actions from the B.C. Liberals to ensure long - term sustainability and environmental quality, greater public accountability, and best practices in the natural gas industry as the practice of hydraulic fracturing
new and stronger actions
from the B.C. Liberals to ensure long - term sustainability and environmental quality, greater public accountability, and best practices in the
natural gas industry as the practice of hydraulic fracturing...
The company purchases its electricity and
natural gas directly
from the
New York Independent System Operator and the
New York Mercantile Exchange with a third - party provider.
«So I thank Governor Cuomo for being open to the economic, employment and energy benefits that would accrue
from safely extracting
natural gas from gas - bearing shale formations in
New York State, but I am grateful that he has prioritized the health of
New Yorkers and the long term protection of the State's irreplaceable
natural resources over a short term energy and economic boost
from hydrofracking.»
Despite the fact that he just recently voted «yes» on a Democrat - sponsored hydrofracking moratorium passed by the Senate, Farley speaks about the importance of
natural gas drilling
from a business standpoint and calls it «abolutely essential for the health of
New York State and the farm community and energy in general.»
New York Water Rangers is calling on state Sen. Tom Libous to recuse himself
from fracking deliberations after his ties to a real estate company with a
natural -
gas lease were disclosed.
The U.S. Supreme Court dealt another setback to a proposed
natural gas pipeline running
from Pennsylvania to
New York, rejecting Constitution Pipeline Co's bid to challenge
New York state's refusal to issue a needed water permit for the project.
The
New Market Dominion pipeline is one of a dizzying array of fuel pipelines that flow through
New York, in many cases taking
natural gas from hydrofracking sites in other states to markets in
New York and other places.
New Yorkers
from Buffalo to Long Island decided that allowing the oil and
gas industries the rights to large scale mining of
natural gas reserves was simply too much of a public health and environmental threat.
With the State's moratorium on (fracked shale)
natural gas production, the only way we can receive
natural gas is
from the Constitution Pipeline and local distribution
from the Leatherstocking Company... It is also important to note that a state agency, Empire State Development, has provided a $ 750,000 grant... to assist in degrading the costs of bringing the Leatherstocking
gas line to our
new facility.
The
natural gas industry is losing in
New York, where a political wall has been erected to stop fossil fuel, which is not only costing producers opportunities to grow, but blocking nearby states
from receiving vital supplies.
The
natural gas industry has dramatically stepped up its efforts to lobby the
New York state government since Gov. Andrew Cuomo took office in 2011, according to a new report from the nonprofit Public Accountability Initiati
New York state government since Gov. Andrew Cuomo took office in 2011, according to a
new report from the nonprofit Public Accountability Initiati
new report
from the nonprofit Public Accountability Initiative.
And the Northeast Energy Direct pipeline would stretch more than 400 miles
from Pennsylvania to
New England, carrying
natural gas through
New York, but is opposed by Republican and Democratic elected officials alike because it offers the state few benefits.
1) Repeal the Triborough Amendment; 2) State pick - up of Medicaid costs
from counties; 3) Roll - back of Medicaid entitlements / coverages to median national levels; 4) Major reform of SEQR process which blocks projects Upstate; 5) Repeal NY's participation in RGGI; 6) Cut 50 percent of staff at DOE, DOH, DEC in order to let the other half do their jobs, which means serving the people instead of feeding the bureaucratic monster; 7) Support expansion of nuclear plants at Oswego, construction of
new plants elsewhere; 8) Tort reform to allow doctors to practice medicine, instead of fleeing NY; 9) Use the bully pulpit to support
natural gas drilling and tell the envirowackos to grow up.
A halt to the Millennium pipeline feeding the CPV power plant could send a message that not only does
New York ban extraction, but the state is also clamping down on the use of
natural gas from beyond its borders in favor of renewables such as wind or solar.
U.S. Rep. John Katko is speaking out against the state Department of Environmental Conservation's decision to reject a pipeline that would've carried
natural gas from Pennsylvania through four
New York counties.
Gov. Andrew M. Cuomo announced Monday that the state has proposed a
new regulation meant to improve air quality and protect public health by placing limits on emissions
from diesel generators and
natural gas - fired engines.
The Cuomo administration is seeking to lift what has effectively been a moratorium in
New York State on hydraulic fracturing, a controversial technique used to extract
natural gas from shale, state environmental regulators said on Thursday.
The proposed pipeline would have transported
natural gas from Pennsylvania - which allows fracking - through
New York State - which has banned fracking.
Since 2008, when hydrofracking became a matter of public debate in
New York, we have counseled a patient, responsible, balanced and science - based approach to the controversial method of extracting
natural gas from shale rock.
New York landowners blocked
from cashing in on the
natural gas boom by the state's just - announced fracking ban may fight back in court, but experts say energy companies are unlikely to spend their money and time on lawsuits when they've already lost their investments.
Cuomo announced that the state has proposed a
new regulation meant to improve air quality and protect public health by placing limits on emissions
from diesel generators and
natural gas - fired engines.
The Vermont senator weighed in on two issues close to the heart of
New York environmentalists: the under - development Constitution
natural gas pipeline that would run
from the Pennsylvania border in Broome County to the Capital Region.
Advances in fracking technology have allowed the industry to extract enormous volumes of
natural gas from rock formations such as the Marcellus Shale, which lies under southern
New York, Pennsylvania, Ohio and West Virginia.
Last week,
New York City Mayor Michael Bloomberg wrote a Washington Post opinion piece in favor of
natural gas development in
New York state and awarded a $ 6 million grant
from his philanthropic organization to the Environmental Defense Fund for work to minimize adverse environmental impacts
from natural gas operations.
The U.S. Supreme Court declined to consider an appeal
from developers of the proposed Constitution pipeline, who hoped to challenge
New York state's denial of a water quality certification for the
natural gas project.