Sentences with phrase «low cost of natural gas»

Furthermore, even if small modular coal plants can be proven technically feasible, industry analysts are having difficulty understanding how a coal - related process could be competitive, given the low cost of natural gas and cheap renewables, coupled with negative public opinion around coal power.
This will allow immediate leverage of the low cost of natural gas, along with easy conversion to light oils (free of «corrosive components») generated by cyanobacterial processes (such as Joule Unlimited's), or methane from conversion of solar / electrolytic hydrogen and atmospheric CO2 when either / both of those processes become cost - competitive.
Homes with natural gas water heating, due to the current low cost of natural gas, make it more difficult for solar to be a sound investment.
In recent years, the Centralia plant has been operating at only about one - third of its rated capacity, in part due to the low cost of natural gas.
The very low cost of natural gas, now about one - fifth the cost of crude oil on an energy - equivalent basis, provides North America with a low - cost energy competitive advantage to rebuild our manufacturing industries.
Foley said that the low cost of natural gas compared to crude oil represents a major arbitrage opportunity.

Not exact matches

Beyond climate change, low - cost natural gas has been one of the most important transformations to have occurred for the energy industry in the United States.
The emergence of low - cost natural gas in the U.S., largely uncovered through fracking techniques, is one of the major reasons that the country has been able to lower its carbon emissions and has started to ween itself off of coal use.
It's one of the country's largest oil and gas producers, but, says Cheng, price differentials between Canadian and world oil prices, low natural gas prices, cost inflation and project delays caused investors to get antsy.
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.
It's a low - cost producer, it's in four of the five most attractive natural gas basins in North America and it pays a 3.56 % yield.
Carlson hopes to leverage his low - cost gas into partnerships with downstream end - users without having to be a big investor: «If we're going to recover a large portion of the value generated from our natural gas production, we're going to have to take our value further down the supply chain.»
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).
In the 1960s and «70s the Dutch discovered natural - gas deposits that could be pumped out of the ground at low cost.
Energy goods and services prices rose 0.2 % after their drop in April of 4.5 %; Gasoline prices continued lower modestly, but other energy costs rose markedly, especially natural gas for household utilities, which was up 2.4 % (16.6 % y / y).
Because of low natural gas prices, the Civic Natural Gas may also offer 30 to 40 percent fuel cost snatural gas prices, the Civic Natural Gas may also offer 30 to 40 percent fuel cost savingas prices, the Civic Natural Gas may also offer 30 to 40 percent fuel cost sNatural Gas may also offer 30 to 40 percent fuel cost savinGas may also offer 30 to 40 percent fuel cost savings.
«Essentially, a natural gas plant can comply with the EPA's proposed standard at a much lower cost, which begs the question of why investors would choose to build coal with CCS,» the report states.
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.
«Low - cost imaging system detects natural gas leaks in real time: Infrared device enables reliable monitoring under a range of environmental conditions.»
Natural gas prevailed for much of the remainder of the U.S.; nuclear was found to be the lowest - cost option in 400 out of 3,110 counties nationwide.
The University of North Dakota Energy & Environmental Research Center (EERC) is working with FuelCell Energy, Inc., an integrated stationary fuel cell manufacturer, to develop a durable, low - cost, and high - performance electrochemical cell to convert natural gas and other methane - rich gas into methanol, a major chemical commodity with worldwide applications in... Read more →
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.
The new US locations provide some of the lowest - cost oil and natural gas in the United States, adding disproportionally larger free cash flows than rival firms.
Here was a company that was the lowest cost producer of natural gas, no debt, shares were not being constantly diluted by options, excessive stock grants or secondary offerings and the CEO owned 15 + % of the company.
The problem with bringing the gas to the lower 48 is the energy cost of shipping natural gas long distances, which averages about 0.5 % per 100 miles (Alaska to Southern California is 3,000 miles, or a minimum of 15 % loss).
Substitution through increased utilization of existing combined cycle natural gas power plants provides a relatively low - cost, short - term opportunity to reduce U.S. power sector carbon dioxide emissions by up to 20 percent, while also reducing emissions of criteria pollutants and mercury.
Martens noted the low price of natural gas, the high local cost of industry oversight and the large areas that would be off - limits to shale gas development because of setback requirements, water supply protections, and local prohibitions.
Thanks to record - setting production of domestic natural gas, up more than 50 percent between 2005 and 2015, there's a supply abundance that is increasingly is prompting the marketplace to turn to affordable natural gas for power generation, benefiting the environment while lowering costs for consumers:
With the development of shale gas and the surge in natural gas liquids supply, the U.S. has moved from being a high - cost producer of key petrochemicals and resins to among the lowest - cost producers globally.
The downward trend in natural gas prices has lowered the cost of a key input for some industries.
The coal industry is in an economic free - fall due to low - cost natural gas and an incoming wave of steep environmental regulatory costs.
The authors reject the idea that one expensive measure — the practice of «firming» wind energy by balancing it with natural gas generation at every hour — is necessary in light of other low - cost options.
Showing data from financial firm Lazard and other sources, their presentation said natural gas, coal and even some nuclear power plants were the lowest - cost producers of electricity on the planet, cheaper than wind or solar.
The techniques of hydraulic fracturing and horizontal drilling, in combination, have opened up vast new areas for natural gas production, and low - cost natural gas has altered the energy landscape in the United States.
With power industry restructuring in the 1990s, the construction of new power plants was dominated by independent power producers who favored natural gas generation due to short construction times and low capital costs.
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The public has known for decades of the link between burning fossil fuels and global warming, yet society has continued to use oil and natural gas because there are still no alternatives that match their low - cost, their energy density, and their dispatchability.
There would be nothing wrong with promoting natural gas - powered vehicles, especially since we have a huge supply of low - cost natural gas.
• Current expectations for a low cost, gas - driven electricity economy and significant deployment of natural gas vehicles could be foregone due to LNG exports.
Whether smaller - scale coal plants make economic sense is another matter, particularly as the cost of producing renewable energy comes down, and natural gas prices remain at near - historic lows, well under $ 3 / MMBtu.
o Opposing the use of fracking to lower the cost of extracting oil and natural gas.
Fracking and associated technology is quite safe and one of the best technologies to increase production of oil and natural gas at a lower cost.
«The surge in American natural gas production has lowered energy costs for manufacturers and driven job growth, with U.S. natural gas costs one - half that of Europe and one - third that of Asia,» according to the White House National Economic Council report.
Low natural gas prices make gas - fired generation economically attractive during periods of low demand when operators in many parts of the country have more flexibility to choose between coal - and natural gas - fired units based on their dispatch coLow natural gas prices make gas - fired generation economically attractive during periods of low demand when operators in many parts of the country have more flexibility to choose between coal - and natural gas - fired units based on their dispatch colow demand when operators in many parts of the country have more flexibility to choose between coal - and natural gas - fired units based on their dispatch cost.
In his State of the Union address on Tuesday, President Obama welcomed the environmental benefits of low - cost natural gas, noting that US CO2 emissions have declined sharply over the past four years.
It generates the equivalent of three natural gas plants and serves two critical functions: provide low - cost electricity and store water for emergency power production.
In recent years, expanded supply of low cost natural gas, increased energy efficiency, growing market penetration of renewable electricity sources, and substantial reserve margins have contributed to low prices reflecting low marginal costs in wholesale energy and capacity markets.
«The first SMRs are expected to be within the range of natural gas plants costs assuming appropriate private - public partnerships to help reduce technology risks and keep first - of - a-kind costs low.
Just about half of U.S. households use natural gas as their primary heating fuel, and America's ongoing energy revolution is helping keep heating costs low.
The great news is the U.S. has found a model that provides both economic growth and advances climate goals: an abundant supply (thanks to fracking) of low - cost natural gas.
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