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.
The company expects coal demand to rise in the coming year, but
relatively low natural gas prices will continue to add downward pricing pressure.
Not exact matches
CCS really amounts to a combined GHG and
natural gas hedge which, in a world of really expensive
gas, allows you to maintain
lower electricity
prices than you perhaps otherwise would be able to as you can continue to use
relatively cheap and plentiful coal while capturing and storing the emissions.
This is one of the main factors why the
price of
natural gas has fallen and remained
relatively low.
Further, there are hopes for
relatively low - cost
natural gas to revive U.S. industries — from steel to plastics — that could take advantage of current
prices, which by world standards are cheap.
Natural gas also plays a growing role due to lower natural gas prices and relatively low capital construction costs that make it more attractive tha
Natural gas also plays a growing role due to
lower natural gas prices and relatively low capital construction costs that make it more attractive tha
natural gas prices and
relatively low capital construction costs that make it more attractive than coal.
Koch informed his audience that «coal is
relatively low in
price, that oil has been «pretty cheap» until recently and that there is an abundance of
natural gas, available at a
price almost competitive with coal,» the Palm Beach paper reported.
Platts nuclear editor discusses why utilities are building new nuclear capacity when electricity
prices are so
low and the
price of
natural gas is
relatively low.
Lots of
relatively low -
priced natural gas really limits the chance that electric rates will rise dramatically and that's long been the cry of coal.»
And unlike the electricity industry, in which market forces have pushed utilities toward cleaner energy, including
natural gas and renewable sources,
relatively low gasoline
prices in recent years have led consumers to pay less attention to fuel economy when they buy new cars.
Natural gas prices and
price volatility have been
relatively low ever since then — largely thanks to abundant domestic production from shale and other tight - rock formations.
Natural gas production from domestic shale gas formations began to rapidly increase starting in 2005, which has led to a relatively sustained period of low natural gas
Natural gas production from domestic shale
gas formations began to rapidly increase starting in 2005, which has led to a
relatively sustained period of
low natural gas
natural gas prices.
If, however, coal with CCS has to compete with
gas with CCS then the situation is more balanced, particularly in markets such as China where the capital costs for coal power plants and coal
prices are
relatively low compared to
natural gas.
The
relatively low price of
natural gas gives U.S. manufacturers an advantage over competitors in other parts of the world that rely on a more expensive oil - based feedstock.