Sentences with phrase «natural gas power prices»

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.

Not exact matches

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?

The unexpected boom in U.S. natural gas production over the last decade has pushed down power prices, making it harder for companies that operate plants to turn a profit.

Many utilities can generate power using either coal or natural gas, so if the latter's price gets cheap enough — typically below $ 4.50 per MCF — power companies will make the switch.

The low natural gas prices caused coal's share of the power grid to fall from 42 % in 2011 to 37 % in 2012.

Today's high prices for gas in Asia, for example, owe a lot to the Fukushima nuclear disaster, which saw nuclear power substituted with natural gas in Japan — and was completely unpredictable.

(3) regulatory policy to keep the prices charged by natural monopolies such a railroads, power and gas companies in line with actual production costs plus normal profit.

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.

(Reuters)- U.S. power producer Calpine Corp CPN.N said it would sell itself to a group of investors led by Energy Capital Partners for $ 5.6 billion, as the debt - laden company struggles with depressed natural gas prices.

The glut of U.S. natural gas has created a tremendous amount of downward price pressure and led U.S. power plants to convert from coal to natural gas.

However, coal demand can continue to decline if natural gas prices stay low for a very long time allowing further replacement of coal - fired power plants with gas - fired ones.

The shale oil boom has driven natural gas prices lower and coal - fired power plants are switching over to natural gas.

These include warm summer weather, which drives up use of air conditioners and electricity, the increased popularity of natural gas (versus coal) among power producers (partly reflecting the low price of the former), and cutbacks in production by some players in the natural - gas industry.

Prices for electricity would be 4 percent lower by 2033 with a transition to more wind, solar and hydroelectric power than a persistent reliance on coal and natural gas, according to a report by Calgary - based environmental research firm Pembina Institute and Clean Energy Canada, a Vancouver - based organization that promotes renewable energy.

Despite recent sharp declines in the market price of natural gas, utility - scale solar and wind power remain cost - competitive complements to traditional generation technologies, even without subsidies.

FitzPatrick has been hurt by Central New York's low wholesale power prices, which have fallen along with the price of natural gas, a common fuel for power plants.

The delays and denials of natural gas pipelines could drive up energy prices in the long run, said Gavin Donohue, the president and chief executive officer of the Independent Power Producers of New York.

Cuomo said losing nuclear energy could drive up the price of other sources of power such as natural gas.

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.

FitzPatrick, which has 600 workers, has been losing money because of low wholesale power prices based on cheap and plentiful natural gas.

FitzPatrick struggles to make money because wholesale electric prices in Central New York have been depressed by plentiful natural gas, which fuels many power plants.

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.

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

Entergy officials blame FitzPatrick's losses on the low price of natural gas, which depresses power prices.

The nuclear industry's decline was hastened by the cheap price of natural gas and costly repairs to aging power plants.

Those supply issues and a surge in natural gas demand for fueling power plants and vehicles could drive up gas prices over time.

«In electric power,» Fratus says, «the price of natural gas is the big driver,» and since fall 2005 the wholesale price of natural gas — though its still high in historical terms — has fallen significantly.

This risk factor pushes the «levelized» or all - in price of nuclear power from new units to 8.4 cents per kilowatt - hour, the MIT study concludes, versus 6.2 cents for coal - fired plants and 6.5 cents for natural gas generation (if gas is priced at $ 7 per million British thermal units, or roughly 1,000 cubic feet of flowing gas).

We're seeing a lot more natural gas because of its price and the retirement of coal - fired power plants.

The biggest driver of lower carbon dioxide emissions has been declining natural gas prices, which has allowed the industry to replace coal - fired power plants economically with cleaner natural gas power plants — and without a costly regulatory mandate,» said Jeffrey J. Anderson, a doctoral candidate in the Department of Engineering and Public Policy.

Stricter emissions requirements on coal - fired power plants, together with low natural gas prices, have contributed to a recent decline in the use of coal for electricity generation in the United States, she said.

Scenarios in the model reflect different economic and policy options that would influence e.g. natural gas prices, hydropower availability or cost of solar power.

With coal prices falling and natural gas prices rising, the EIA says coal's share of U.S. power generation in the first four months of 2013 averaged 39.5 percent, compared with 35.4 percent in the same period last year.

Having generated power since 1951, Salem Station succumbed to low natural gas prices, weak electricity demand growth and tightening Federal pollution controls.

Two years ago the U.S. Department of Energy predicted a resurgence of coal - fired power plants because of the rising price of oil and natural gas.

Solar panels could produce electricity at the same price as coal - and natural gas - burning power plants by the end of this decade if countries direct resources at this rapidly advancing corner of the energy industry, according to the Paris - based International Energy Agency.

Coal - fired power plants are shuttering thanks in part to stricter emissions laws and low natural gas prices.

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.

President - elect Donald Trump has vowed to revive the flagging U.S. coal industry, but a new analysis suggests cheap natural gas and falling prices for wind and solar power mean there are few places where it makes sense to build a new coal - fired power plant.

With oil and natural gas prices rising rapidly and nuclear power stuck in political limbo, the world's appetite for coal is soaring.

The industry has faltered because of declining global demand and low natural gas prices, which have encouraged electric power companies to use gas instead of coal to generate electricity, said Ray Rasker, executive director of Headwaters Economics, an independent research group focusing on the economic implications of land management decisions in the West.

Very few coal - fired power plants are expected to be built in the future, due to the abundance and low price of natural gas.

In the UK, carbon pricing — charging those who emit carbon dioxide — has become much stronger in recent years, making it more profitable for power companies to use natural gas generation rather than coal.

$ 8 billion) over first ten years for deficit reductionObeys PAYGO; Starting in 2026, 25 % of auction revenues for deficit reductionFuels and TransportationIncrease biofuels to 60 million gallons by 2030, low - carbon fuel standard of 10 % by 2010, 1 million plug» in hybrid cars by 2025, raise fuel economy standards, smart growth funding, end oil subsidies, promote natural gas drilling, enhanced oil recoverySmart growth funding, plug - in hybrids, raise fuel economy standards $ 7 billion a year for smart growth funding, plug - in hybrids, natural gas vehicles, raise fuel economy standards; offshore drilling with revenue sharing and oil spill veto, natural gas fracking disclosureCost ContainmentInternational offsetsOffset pool, banking and borrowing flexibility, soft price collar using permit reserve auction at $ 28 per ton going to 60 % above three - year - average market price» Hard» price collar between $ 12 and $ 25 per ton, floor increases at 3 % + CPI, ceiling at 5 % + CPI, plus permit reserve auction, offsets like W - MClean Air Act And StatesNot discussedOnly polluters above 25,000 tons of carbon dioxide equivalent a year, regional cap and trade suspended until 2017, EPA to set stationary source performance standards in 2016, some Clean Air Act provisions excludedOnly polluters above 25,000 tons of carbon dioxide equivalent a year, regional cap and trade pre-empted, establishes coal - fired plant performance standards, some Clean Air Act provisions excludedInternational CompetitivenessTax incentives for domestic auto industryFree allowances for trade - exposed industries, 2020 carbon tariff on importsCarbon tariff on importsReferences: Barack Obama, 2007; Barack Obama, 8/3/08; Pew Center, 6/26/09; leaked drafts of American Power Act, 5/11/10.

«The methodology can not be used to infer anything about the direct impacts of specific policies, such as power plant emissions limits or renewable portfolio standards, or the effect that changes in relative prices may have on fuel choice, such as the impact of the change in supply or price of natural gas or renewables may have had on the competitiveness of coal.

This puts pressure on the national system of natural gas pricing, and the resulting effect is that power operators in other states seek to avoid paying higher prices by shifting more to coal.

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.

It ran well, he said, but natural gas, a competing fuel, collapsed in price, and the state had few requirements for renewable power.

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).

But if natural gas continues growing at the pace it has, the price will keep falling and coal power will lose even more market share and clout in Washington.