Sentences with phrase «natural gas prices make»

Wind is now back in a very competitively advantageous position» despite the fact that «dropping natural gas prices make that competition tougher than ever.»

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.

Not exact matches

Its coal volumes have been falling for several years, and the combination of tougher environmental regulations and, in all probability, continued low natural - gas prices make it likely that the decline will persist.

Since the ship set off from London three weeks ago, natural gas prices in the northeast U.S. have fallen from record levels, which may make it more profitable to send the cargo to Asia or another higher - price market, even considering shipping costs.

Right now, liquefied natural gas exported from Louisiana can't compete with Russia on price, but that could change if the sanctions threat makes it too risky to ship Russian product.

Cold weather drove up the price of natural gas — making coal look like a more attractive fuel option.

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.

They should instead re-examine their practices that might have led to traces of, for example, diesel turning up in the Wyoming groundwater and come up with standards that would make leaks along the well bore impossible before less appropriate and more costly rules are thrust upon them at a time when natural gas prices are hitting 10 - year lows.

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.

Those fuel - price economics make sense not just for EnCana, which has converted 163 of its 1,700 vehicles and 15 of its drilling rigs to natural gas, but for larger fleet operators with no special interest in promoting gas.

And today's gasoline prices make natural gas a very compelling alternative.

Admittedly we are a net importer of oil (increasingly so as Bass Strait reserves diminish), but Australian entities make large exports of natural gas and thermal coal, whose prices are highly correlated with oil prices over time.

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.

Coal had made me money but companies in the industry had fallen on hard times due to low natural gas prices and environmental regulations.

Bad bets on the prices of natural gas and oil contributed to a second quarter in which the unit barely made money,» The Wall Street Journal reported.

While natural gas is cleaner than coal, the volatility of the price of that fuel makes it risky for consumers, said Thibault.

Still, there are obstacles, including the recent low prices of natural gas, which makes hydropower less competitive.

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

NEW ROCHELLE, NY — Con Edison expects residential winter heating bills to be approximately 10 percent lower than last year due to lower natural gas prices, and reminds customers they can save even more money by using energy wisely and making sure their heating systems work efficiently.

Adding a price on carbon emissions at even a «modest» level of $ 25 per ton would make new nuclear energy competitive with coal and natural gas even if the risk premium remains, the MIT study concludes.

Further steps could include pushing for more renewable energy; an aggressive cut in the use of coal and natural gas to make electricity; wider use of electric cars, biofuel, and hydrogen fuel; changes in farming practices; and putting a price on carbon pollution.

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.

That summer, the California energy crisis erupted, causing natural gas prices to triple — along with electricity made with 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.

Watch him make his way through a burning natural gas plant in an attempt to save our heating prices and catch some terrorists.

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 sellers.

He mentions Norshield Asset Management, a Montreal - based fund of hedge funds that collapsed after allegations of fraud, and Abria Financial Group, which had a fund wiped out after a hedge fund it invested in made a bad bet on natural gas prices.

Low natural gas (and crude) prices also make it an easier call.

Natural gas also plays a growing role due to lower natural gas prices and relatively low capital construction costs that make it more attractive thaNatural gas also plays a growing role due to lower natural gas prices and relatively low capital construction costs that make it more attractive thanatural gas prices and relatively low capital construction costs that make it more attractive than coal.

In May 2010, American Electric Power announced it planned to run 10 small coal - fired power units on a part - time basis starting in June as «the weak economy reduced demand and low natural gas prices have made the use of some coal units less profitable,» according to the company.

With the advent of hydraulic fracturing we are able to produce oil and gas at much greater levels here in the United States that puts downward pressure on price, which helps consumers and also makes natural gas more abundant.

Last week we made the point that America's ongoing energy revolution is the main reason the United States is the world's leading producer of oil and natural gas — a renaissance that is reducing oil imports and benefiting consumers in the form of lower prices at the pump.

This increased supply — which is expected to continue for years — has lowered prices for natural gas, making it very cost - competitive compared to other energy sources.

«But the state needs to face the overreliance and put its energy mix together in a way that makes utility customers less subject to the vagaries of natural gas prices.»

These export terminals for LNG in Canada is also needed to increase the price of natural gas in Canada and thereby make the renewable energy option for tar sands more viable.

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.

If these actions lowered prices sufficiently one could even conceive of making the US the new Saudi Arabia of oil, natural gas, and coal.

The recent decline in the generation share of coal, and the concurrent rise in the share of natural gas, was mainly a market - driven response to lower natural gas prices that have made natural gas generation more economically attractive.

In recent years, the drop in natural gas prices, coupled with highly efficient natural gas - fired combined - cycle technology, made natural gas an attractive choice to serve baseload demand previously met by coal - fired generation.

The acquisition of XTO made ExxonMobil the largest US natural gas producer, but in June 2012 then - CEO Rex Tillerson famously complained that «We are losing our shirts» on natural gas production because of low prices.

The Henry Hub natural gas spot price (the Henry Hub is a distribution hub located in Erath, La., that interconnects with nine interstate and four intrastate pipelines, making it an important pricing point for futures contracts traded on the New York Mercantile Exchange) averaged $ 2.51 / MMBtu in 2016.

By comparison, the contract for the wind - generated electricity started at 24.4 cents per kwh and includes a guaranteed 3.5 % price increase bringing the wind - generated electricity to 47 cents per kwh in twenty years — making the wind - generated electricity roughly 4 - 8 times more expensive than the natural gas - fueled electricity.

On some of America's most idyllic shorelines between Vermont and California lie several behemoths of the past, shuttered nuclear power plants closed prematurely because they could no longer compete in electricity markets upended by record - low natural gas prices or because they had technical issues that made them too expensive or scientifically challenging to repair.

CategoriesCSP Tech ExplainersTags21st century grid, baseload made redundant, csp competes with natural gas, dispatchable solar, electricity revolution, night solar, solar price drop, why we need CSP

New developments in drilling technology, along with higher wellhead prices, have made the Marcellus Shale an important natural gas resource.

If price projections for coal, oil, natural gas, wind and solar are approximately correct, the market will make a transition in that time frame following what is disparagingly called «business as usual».

«Federal tax breaks made it possible to offer renewable gas at the same price as traditional natural gas,» Foster says.

Furthermore, the IEA report makes it clear that abundant cheap natural gas could push renewables out of the market unless there is a price on carbon or aggressive economic support for non-fossil renewable energy.

But in making assumptions say on the price of natural gas, the Utility must be consistent in assumptions in their resource planning.