Sentences with phrase «low natural gas prices»

Natural gas generation was up significantly to take advantage of low natural gas prices.
In 2012, an increase in the domestic supply of natural gas, combined with the recession and a warm winter, resulted in low natural gas prices around the country.
In recent years, historically low natural gas prices have driven down wholesale electricity costs as plant owners switched to that fuel, making nuclear power less competitive financially.
Wind industry officials often state that they can not compete with low natural gas prices, which are forecast to remain low and stable for decades.
The company expects coal demand to rise in the coming year, but relatively low natural gas prices will continue to add downward pricing pressure.
Low natural gas prices make that fuel an attractive alternative.
This weather outlook has contributed to lower natural gas price expectations, as shown in the next slide.
During 2012, particularly in the spring and early summer, low natural gas prices led to competition between natural gas - and coal - fired electric power generators.
Our energy sector has been hurt partly by low natural gas prices and the discount placed on Canadian oil compared to world benchmarks, but gas and oil prices have generally been flat or on the rise.
However, these large sources of zero - emission power are being prematurely retired with respect to their operating licenses because of low wholesale electricity prices resulting from low natural gas prices, excess power generation capacity, declining renewable energy costs, and low growth in electricity demand.
«Generators frequently blame low natural gas prices, but [nuclear operating] costs have been rising for over a decade,» Judson said.
As a result of sustained low natural gas prices, environmental compliance requirements, and natural equipment aging, the AEO 2016 Reference case forecasts the retirements of over 50 GW of coal capacity (see Figure 3).
Contrary to Exelon claims, it is not low natural gas prices or negative power market prices caused by wind's production tax credit that are the cause of its plants» financial problems, Bradford said.
So we asked in our research: What would happen if current low natural gas prices or pollution control policies caused all US coal - burning power plants to be replaced by natural gas generators?
In fact, low natural gas prices stalled the U.S. nuclear renaissance outside Georgia and South Carolina, long before the reactor meltdowns at Fukushima Daiichi in Japan.
A few factors disadvantage the relative economics of coal - fired capacity: projected low natural gas prices, the continued rise of new coal - fired plants» construction costs, and concerns over potential greenhouse gas emissions policies.
I brought up how low natural gas prices from expanded gas production elsewhere were likely involved (a point long hammered by the No Fracking Way blogger Chip Northrup):
The summary, for example, barely mentions natural gas, even though it is hard to find an energy analyst these days who does not see low natural gas prices, now foreseen for decades to come, as deeply undercutting prospects for expanded deployment of renewable energy sources (let alone nuclear power).
Despite low natural gas prices, solar and wind accounted for 60 percent of new U.S. power capacity last year and will likely account for 70 percent this year, says Marlene Motyka, U.S. alternative energy leader at Deloitte.
For example, particularly low natural gas prices throughout much of 2012 following an extremely mild 2011 — 12 winter led to a significant rise in the natural gas generation share between 2011 and 2012, often displacing coal - fired generation.
Many utilities are struggling to keep their nuclear generation afloat as low natural gas prices and high operating costs make them unprofitable.
In addition to its relative low cost, Illinois Basin coal is more likely to be used in larger, more efficient plants with modern pollution control equipment, helping it compete against low natural gas prices.
While US emissions are decreasing slightly — both as a result of the administration's policies on renewable energy and vehicle fuel economy standards and because of sharply lower natural gas prices that have reduced coal use for electricity generation — it is unlikely that without additional regulation or legislation that the US will meet its 2020 target.
A CPP driven price on carbon isn't enough on its own to tip the scale towards wind and solar thanks to persistently low natural gas prices.
«Wholesale Power Prices in 2016 Fell, Reflecting Lower Natural Gas Prices
Because of the relatively low cost of Illinois Basin coal and its use in larger, efficient plants with modern pollution control equipment, its producers were less affected by recent low natural gas prices.
If historically low natural gas prices go up, ratepayers will bear the burden — not DTE.
Historically - low natural gas prices pushed power prices to their lowest - ever level in the NYISO territory last year, and the grid operator expects significant growth in distributed energy resoruces (DERs) as the state's Reforming the Energy Vision (REV) docket moves into its implementation phase.
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.
«With the low price of oil and the very low natural gas price you would think there would be some companies that would start to be pushed to the wall and a number of deals done.
A case that assumes significantly higher domestic oil and natural gas resource availability results in lower natural gas prices, thus increasing natural gas's share of generation and lowering power - sector CO2 emissions.
Mohl said increasing operational costs combined with low natural gas prices have cut into revenues and that Entergy was facing a hard choice on the plant even before negotiations began with the state.
Because of low natural gas prices, the Civic Natural Gas may also offer 30 to 40 percent fuel cost savings.
«While asset monetizations enhance our liquidity, sales of producing natural gas and oil properties adversely affect the amount of cash flow we generate and reduce the amount and value of collateral available to secure our obligations, both of which are exacerbated by low natural gas prices..
As Pentland explains, this trend doesn't make much sense at first impression, in light of historically low natural gas prices and plummeting oil prices.
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.
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 cost.
While it is tempting to blame low natural gas prices and misplaced post-Fukushima jitters, nuclear's troubles are rooted in regulatory capture — a capture that finds its genesis in the origins of the U.S. environmental movement.
By comparison, the U.S. Energy Information Administration («EIA») calculated that, due to sustained low natural gas prices, nationwide wholesale electricity prices averaged $ 20 to $ 45 per MWh for much of 2016 (Hodge 2017).
Without that added compensation, many nukes have trouble competing with gas - fired power plants, which benefit from low natural gas prices.
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.
Low natural gas prices, combined with changes in the provincial tax regime, probably deserve as much credit as the worldwide economic downturn for the carnage that has subsequently ensued, with at least 40 B.C. resort and condo developments in creditor protection or receivership, according to Jurock.
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.
Coal prices in general were driven even lower in 2016 due to low natural gas prices and warmer - than - usual winter temperatures that cut down demand for coal as an electricity generator, according to the U.S. Energy Information Administration.
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.
Mild winters mean less home heating, lower natural gas prices and therefore lower coal use.
Coal had made me money but companies in the industry had fallen on hard times due to low natural gas prices and environmental regulations.
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