Sentences with phrase «in cheap natural gas»

Saudi Basic, the Middle East's dominant chemical maker, said on Saturday that it wants to build a Houston headquarters for its Western Hemisphere operations as the company capitalizes on the surge in cheap natural gas supplies from North American shale fields.

Shale natural gas is our best bridge fuel, the country is awash in cheap natural gas.

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.

Thanks to new technologies and discoveries, North America is now awash in cheap natural gas.

Not exact matches

She also toured Three Mile Island, walking viewers through how cheap natural gas is shutting that plant down when one of the worst nuclear accidents in history could not.

As cheap natural gas squeezes the margins of nuclear generators, there's only one company currently building reactors in the country — Southern Co., at its Vogtle plant in Georgia.

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.

While the requirements have raised the cost of operating coal - fired plants, experts say a bigger factor in coal's decline has been cheaper natural gas.

It is important to remind readers that cheap natural gas has allowed US industry to remain competitive and to keep consumers warm in the winter and cool in the summer.

Calpine's deal comes at a time when the U.S. wholesale power generation industry is struggling with margin pressure as cheap natural gas from shale fields in recent years has been driving down electricity prices.

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.

CCS really amounts to a combined GHG and natural gas hedge which, in a world of really expensive gas, allows you to maintain lower electricity prices than you perhaps otherwise would be able to as you can continue to use relatively cheap and plentiful coal while capturing and storing the emissions.

Now, it is suddenly plentiful and relatively cheap in the U.S. due to hydraulic fracturing technology, or fracking, a process that has unlocked natural gas from massive shale formations, driving prices down.

Natural gas, which is critical to these Nucor plants, was cheap in Trinidad.

The heaters themselves are generally more expensive, and you have to factor in the installation costs, but once they are installed they are not expensive to maintain, and the natural gas is cheaper than propane.

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.

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.

Greg Biryla with the chamber of commerce - affiliated Unshackle Upstate said better access to cheap natural gas can boost manufacturing and create needed jobs in New York.

Nuclear and coal - burning power plants across the state are struggling to compete with cheap natural gas and some have announced closures in recent months.

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.

One example is the use of natural gas, which has benefited the United States but is not as cheap or as abundant in China.

Gas turbines are also attractive because natural gas is relatively cheap and abundant, due in part to the introduction of hydraulic fracturing technology, or fracking, which uses high - pressure water to extract hydrocarbons from previously inaccessible shale deposiGas turbines are also attractive because natural gas is relatively cheap and abundant, due in part to the introduction of hydraulic fracturing technology, or fracking, which uses high - pressure water to extract hydrocarbons from previously inaccessible shale deposigas is relatively cheap and abundant, due in part to the introduction of hydraulic fracturing technology, or fracking, which uses high - pressure water to extract hydrocarbons from previously inaccessible shale deposits.

The power sector has nearly outpaced the regulation that EPA finalized in 2015, as natural gas has stayed inexpensive and renewable power has gotten cheaper.

Regardless of how cheap such small modular reactors may allow nuclear to be in future, it is unlikely to be as cheap as natural - gas - fired turbines in the present.

Since then, cheap natural gas and shallow, easy - to - mine coal burned in traditional power plants have prevented the technique from taking off.

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.

Today the cheapest way to make H2 is in a chemical plant that breaks down natural gas.

That viability will come down to cost, as projects in previous decades foundered in the face of cheap natural gas.

Many utilities have in recent years turned away from coal toward cheaper natural gas - as well as solar and wind - contributing to a steep decline in carbon emissions.

Natural gas from oil wells is one of the cheapest and cleanest fossil fuels today, used widely to heat homes as well as in manufacturing and to produce electricity.

«Cheap natural gas, the rapid decline in the cost of solar and wind generation, and continued flat electricity demand make it next to impossible that U.S. coal production will significantly increase in coming years.»

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.

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

In addition, natural gas is cheaper than coal in many areaIn addition, natural gas is cheaper than coal in many areain many areas.

I definitely don't see it as overvalued... and now the CEO is pretty darn excited about investing in natural gas assets now that everything is really cheap.

But it currently offers one of the safest plays in the sector, and longer - term it may also offer an interesting derivative play on cheap US natural gas.

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?)

Experts say that if we bought $ 50 to $ 200 billion worth of solar panels over the next 10 — 20 years, the price of solar could come to down to the price of natural gas and even coal, not just in the U.S. but even in developing countries like China, where coal is especially cheap.

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.

The decline in the United States has mainly been due to market forces shifting electricity generation from coal to abundant and cheaper natural gas, along with environmental regulations built around the traditional basket of pollutants that even conservatives agreed were worth restricting.

A lot of the systems design that people are looking at — like Christopher Clack — even if you can get the renewables up to 80 percent, then you have a piece there probably natural gas «peakers» [power plants that run in periods of high electricity demand], at least based on current technology, are way cheaper than any [energy] storage.

Subsidies were biggest in Russia, with about $ 40 billion a year spent mainly on making natural gas cheaper, ahead of Iran with $ 37 billion.

Cheap natural gas from Pennsylvania fracking may cause petrochemical industry build green field plants in northern Appalacia.

The value of doing this is clear: «Experts say that if we bought $ 50 to $ 200 billion worth of solar panels over the next 10 — 20 years, the price of solar could come to down to the price of natural gas and even coal, not just in the U.S. but even in developing countries like China, where coal is especially cheap.»

The biggest drop was in emissions from coal — which is primarily used to generate electricity — as power plants switched to cheaper natural gas and as the use of carbon - free wind energy more than quadrupled.

Compare this with the coal industry, which peaked in jobs creation in the 1980's, before automation and cheap natural gas; coal now employs 160,000 people directly and indirectly (54,000 coal mining jobs).

[W] ith the inability of the Connecticut House to pass a bill that would have allowed the state's only nuclear power plant, Millstone, to compete on equal footing with cheap natural gas and heavily subsidized renewables earlier this month, Connecticut is now in danger of losing its largest source of zero - carbon energy.

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 cost of production of electricity through utilization of solar energy is outpacing other alternatives as the cost accrued in investing in the installation of solar panels is turning out to be comparatively cheaper than a comparable investment in coal, natural gas or other options, according to a new World Economic Forum (WEF) report.

Coal production would ramp up as coal - fired plants are being phased out in favor of cheaper natural gas and carbon - free renewable energy.