Not exact matches
Perth company Underground Services is targeting the
coal - seam
gas sector for further growth on the back
of already burgeoning revenue.
Harvard's Michael Porter argues that cutting
coal in favour
of natural
gas is the most pragmatic solution at the moment
Most
of it will come from mines in Wyoming and Montana that find themselves without domestic customers since the shale
gas revolution, combined with emissions control regulation, drove utilities in the U.S. to shut down
coal - fired plants and fire up cleaner - burning natural
gas plants.
DELTA TOWNSHIP, Mich. — Michigan regulators on Friday cleared DTE Energy's request to build a near - $ 1 billion natural
gas power plant, the first approval
of such a large facility for a regulated utility in decades and a move that coincides with the retirement
of coal - fired plants.
Estimates vary widely on just how much methane is leaked from the vast network
of oil and
gas wells, pipelines and processing plants, but the problem has cast doubt on how much better natural
gas is than
coal for the environment.
In 2017, DeAngelis followed the Trump Administration's pro-energy policies and its America First Energy Plan, covering a range
of stories from pipelines, to natural
gas, to
coal and their impact on raw commodity and stock prices.
By 2030, Dubai hopes to balance natural
gas and solar and get 7 %
of its energy from
coal.
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.
It is often difficult to calculate the precise proportion
of fossil fuel investments in complex funds, but about $ 400bn
of the $ 5.2 tn total is likely to be in
coal, oil and
gas.
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.
The fossil fuel divestment campaign began on university campuses in 2011 but the new report reveals that concerns over investments in
coal, oil and
gas have now entered the financial mainstream, with more than 80 %
of the funds now committed to divest being managed by commercial investment and pension funds.
Under this scenario, by 2040 global energy demand will be significantly larger than it is now; oil,
coal, and natural
gas each will account for about one - quarter
of total demand, and solar and wind together will account for roughly 5 %.
But the real level
of unemployment or underemployment is masked by the fact that the official data does not include China «s 277 million migrant workers, such as Zhang Sihu and his wife from Bianqiang in Yulin, a region rich in
coal, oil and natural
gas in northwestern Shaanxi province.
Most
of the senators who signed are from states that depend on the continued burning
of coal, oil and
gas.
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.
As the Washington Post reported, natural
gas is overtaking
coal as the fossil fuel
of choice for electricity generation — the report forecasts that by 2019,
coal will provide 28 %
of US electricity, whereas natural
gas will make up 34 %.
Today, the same page says the US favors an «all
of the above» energy approach: «The BLM supports the America First Energy Plan, which includes oil and
gas,
coal, strategic minerals, and renewable energy resources such as wind, geothermal and solar,» the website reads.
This chart shows the major sectors
of the power - generation portfolio
of the US in gigawatt hours generated annually: note the dynamic between
coal (black line) and natural
gas (red line).
After a century
of relative improvements in harnessing energy, from
coal to steam to natural
gas, Ford created a new system.
Kansas is still largely dependent on
coal, however, and is one
of the country's top hubs for crude oil and natural
gas production.
The purchase would help Vistra expand into the Midwest and Northeast, where Dynegy operates a number
of natural
gas and
coal - fired plants.
It's not solar or wind power that is cutting into the
coal industry — but the explosion in natural
gas as a result
of fracking.
By his estimates, renewables make up perhaps 7 %
of the power grid, with natural
gas and
coal making up the remaining majority.
If SolarCity succeeds, clean power will replace dirty energy, spelling the end
of the
coal - and natural -
gas - burning power plants.
Natural
gas would increase from 38 percent
of the capacity mix in 2017 to as much as 59 percent, while
coal would shrink from 21 percent to no more than 15 percent.
RICHMOND, Va. (AP)-- Dominion Energy Virginia said Tuesday that it plans to build at least eight new natural
gas - fired plants during the next 15 years, cementing its shift away from
coal, while depending on renewables for less than 10 percent
of its energy capacity.
Cold weather drove up the price
of natural
gas — making
coal look like a more attractive fuel option.
President Donald Trump announced his decision to withdraw from the Paris deal in June, saying the accord would have cost America trillions
of dollars, killed jobs, and hindered the oil,
gas,
coal and manufacturing industries.
The natural
gas plants are necessary partly because
of expected load growth, partly because
of the intermittent nature
of solar power and partly because
of the planned retirement
of around 3,000 megawatts
of generation powered by less efficient
coal and oil plants, he said.
Coal seam gas usually taps out at around 700m due to pressure constraints at depth that prevent the removal of water from the coal s
Coal seam
gas usually taps out at around 700m due to pressure constraints at depth that prevent the removal
of water from the
coal s
coal seam.
Coal - fired power makes up the largest share
of electricity generation in the U.S., although that share is expected to decline thanks mostly to the rise
of natural
gas (see the chart below).
Last year, Alberta obtained 23.5 %
of its total revenue from oil,
gas and
coal.
More important, climate activists argue, the export
of surplus
coal negates America's own reductions in greenhouse -
gas emissions, simply pushing the problem offshore.
Rogers said he thinks that energy in 2039 will be a dynamic mix
of coal, solar, wind,
gas, nuclear and oil, with no one power source dominating.
But politicians, especially from the Maritime provinces, were also
of the view that their taxpayers had bought and paid for the western timber, farmlands,
coal and later oil and
gas with the payout to the Hudson's Bay Co..
Instead
of a world dominated by renewable sources
of power like wind and solar — as people concerned about the dangers
of climate change would hope — PE execs see
gas, oil and even
coal as a substantial component
of electricity and fuel sources in 2039, according to recent interviews conducted by CNBC.com on the future
of energy as part
of CNBC's 25th anniversary.
In addition to tax changes (more on that below), Trump's plan to grow the economy focuses largely on generating more jobs in the fossil fuel economy (in
coal and onshore and offshore drilling for oil and
gas) and as a result
of new infrastructure projects.
«The scalable winners out
of this are going to be
coal and natural
gas,» Tertzakian says.
By the mid 2020s, the IEA expects the U.S. to become the world's biggest exporter
of liquefied natural
gas, demand for which is set to rise strongly as China, India, and Southeast Asia all turn away from
coal to cleaner energy sources.
Likewise Ontario, already committed to phase out
coal power by 2014, cancelled a project to build a
gas - fired power plant in Oakville last year in the face
of fierce local opposition.
Chinese engineering companies, banks and shipyards are all muscling into LNG, typically the preserve
of Western, Japanese and South Korean players, as government
coal - to -
gas switching policies make LNG an increasingly strategic fuel.
The low natural
gas prices caused
coal's share
of the power grid to fall from 42 % in 2011 to 37 % in 2012.
Paris advocates assert that, despite President Donald Trump's decision to pull out
of the agreement, we face an inevitable transition to a multitude
of new low - carbon energy technologies that will consign hydrocarbons — oil, natural
gas, and
coal — to history's dust heap.
The idea is that utilities generate large amounts
of clean power in remote, large power plants in much the same way that natural
gas,
coal, and nuclear power are generated today.
On the supply side, IEA said governments need to develop policies that encourage the spread
of offshore wind power, nuclear energy and natural
gas, while discouraging the continued use
of the most inefficient
coal - fired technology.
Coal remains cheaper, but when you factor in the reduced capital cost (gas plants cost between a quarter and a third what coal plants of equivalent output do), the life - cycle costs point to gas, even in the absence of a price on carbon emissi
Coal remains cheaper, but when you factor in the reduced capital cost (
gas plants cost between a quarter and a third what
coal plants of equivalent output do), the life - cycle costs point to gas, even in the absence of a price on carbon emissi
coal plants
of equivalent output do), the life - cycle costs point to
gas, even in the absence
of a price on carbon emissions.
Burning
gas emits just 40 %
of the CO2 as deriving the same unit
of energy from
coal, and between 65 % and 75 % the emissions
of oil.
Enmax made the decision to move away from
coal when
gas prices were still expensive, notes executive vice-president
of generation and wholesale energy Dave Rehn.
37.5 megawatts is about the size
of a small solar farm; a large natural
gas or
coal plant can generate several hundred megawatts
of power.
«Each purchase
of a white Coca - Cola can supports: false testimony on global warming; perpetration
of the myth about endangered polar bears... activism to fight the development
of affordable
coal, oil and natural
gas; hypocrites who won't follow their own recommendations; and expansion
of already excessive environmental regulations.