Sentences with phrase «of cheap natural gas»

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

This was driven by the economics of cheap natural gas, demonstrating the power of a simple price signal: the least expensive fuel will win.

Taking the company focus to where it belongs means the production of plenty of cheap natural gas and leaving the coloring books to someone else.

Unfortunately, the development of cheap natural gas through fracking has done the opposite.

Combine that with the glut of cheap natural gas from fracking, and coal production has plummeted:

Even in the United States, where coal power has «dropped fully by a third because of the rise of cheap natural gas from fracking,» he expects coal to remain a major industry, even if mainly for export.

Coal country suffered anyway, losing about one - quarter of its average production between 2015 and 2017 as a result of cheap natural gas competition and indebted companies that fell into bankruptcy.

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.

Wealthy countries also have faced challenges weaning themselves off of coal, although the United States has significantly cut coal's share of the nation's electricity mix in the past year due to a newfound abundance of cheaper natural gas.

A steady stream of shale - gas discoveries in Europe and the United States suggests that we still have plentiful supplies of cheap natural gas.

As the market for coal - fired electricity generation here in North America shrinks due to the rise of cheap natural gas - fired power (thanks to fracking for shale - gas), exports of coal from the US to overseas markets in Europe and Asia are sharply increasing.

The state's nuclear fleet is struggling to compete against an influx of cheap natural gas, largely from neighboring Pennsylvania.

In the US, where power generation from coal has fallen by 38 % in volume since 2007, the availability of cheaper natural gas brought about by the boom in shale gas production has caused significant switching from coal to natural gas in the power sector.

Though competition from a gusher of cheap natural gas has contributed heavily, at this event Washington Democrats own the blame.

The proposal comes as nuclear facilities across the country feel the financial pressure of cheap natural gas produced by the fracking boom and after Entergy has already decided to close its Vermont Yankee facility for economic reasons.

«As we read today's Quinnipiac poll, more upstate New Yorkers support hydraulic fracturing; others will point to the overall numbers that are heavily skewed by New York City voters who enjoy the benefits of cheap natural gas but have bought into the fear tactics by so - called activists,» said the trade group's executive director, Karen Moreau.

«If you have lots of cheap natural gas available, ultimately it's not fighting only against coal but renewables, too,» says Steven Davis, an energy scientist at the University of California, Irvine, and co-author of the study, published online today in Environmental Research Letters.

But the surge of cheap natural gas may not do much to reduce long - term U.S. emissions of carbon dioxide, a new study suggests, because it could delay the deployment of cleaner renewable energy sources such as solar and wind.

The group totted up emissions reductions likely to result from action taken by states and cities, and cuts that will occur through market forces as a glut of cheap natural gas encourages power utilities to burn gas instead of coal — which emits far more for the same amount of energy generated.

Coal company stocks and profits have been pummeled by the combination of cheaper natural gas, China's slowdown in demand, pollution regulations and an increasingly vocal backlash over the role fossil fuels have played in warming the planet.

The Kemper plant will also sell 150,000 tons a year of sulfuric acid to the Gulf Coast chemical industry, which is flourishing these days because of cheap natural gas.

Several new or expanded ethane crackers are slated to go online to take advantage of cheap natural gas.

The United States can reduce its use of coal for power generation, because it has large quantities of cheap natural gas.

(That's something that has already been happening through a combination of new government regulations and market forces, especially the flood of cheap natural gas from fracking.)

In the context of the US, this trend has been magnified by a preponderance of cheap natural gas, which has made coal an increasingly superfluous fuel to generate power.

And all the groups support subsidizing solar and wind but not nuclear, which is why the former have boomed and the latter has suffered during a time of cheap natural gas.

Huge amounts of cheap natural gas from fracking has undercut coal, the price for coal has dropped, and the coal market is flooded with supply.

Coal's slump is largely the result of cheap natural gas, which now rivals coal as a fuel for generating electricity.

Wind energy plans have been shrinking in the state, as the industry faces a glut of cheap natural gas from hydrofracking, uncertainty over federal support and dwindling financing.

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.

4 How will the abundance of cheap Natural Gas be used between the competing interests of Big Oil (Export) and Big Chemical (Use internally to make cheap chemicals)?

Published in Nature, an analysis of global energy use, economics and the climate shows that without new climate policies, expanding the current supply of cheap natural gas would not slow the long - term growth of global greenhouse gas emissions.

Many of New York's power generators are struggling financially, largely because the aging plants can't compete with the influx of cheap natural gas.

Yet the reality is that solar power producers still can not compete with conventional electricity generators without state and federal help, particularly in a U.S. energy market dominated by the availability of cheap natural gas.

As a result of those stricter regulations, an increase in coal imports and the rise of cheap natural gas, the coal industry is in a slump — and mining giants like Alpha Natural Resources, formerly Massey Energy are feeling the effects of the depressed market.

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

First, more than thirty years of government funding for unconventional gas research, demonstration, and tax credits have contributed to a glut of cheap natural gas, making everything from solar to wind to nuclear uncompetitive, at least in the near - term, while also driving America's shift from coal to gas.

Steven Hamburg, chief scientist with the Environmental Defense Fund, a nonprofit organization that cautiously supports natural gas development, said that the new research is «asking the right questions,» but questioned some of the paper's assumptions, including the idea that people would use so much more energy as a result of cheap natural gas that it would cancel out the benefits.

But a combination of new federal and state environmental policies and a glut of cheap natural gas (mostly from hydraulic fracturing, or fracking) have led to a dramatic shift during the past decade, with coal dropping from 50 percent to 32 percent of our electricity generation and gas increasing from 18 percent to 33 percent.

Those projections were mostly dependent on how long the panelists viewed the supply of cheap natural gas and whether the advent of better (using nanotechnology or improving efficiency or a combination) or cheaper solar technologies occur in the near term.

But the reason that EIA is projecting a long - term decline over the next decade or more is the glut of cheap natural gas, mostly from unconventional sources like shale, that has profoundly changed America's energy outlook over the next several decades.

In North America coal use might be down thanks to the abundance of cheap natural gas but the global perspective looks very different: