Sentences with phrase «very low natural gas price»
«With the low price of oil and the very low natural gas price you would think there would be some companies that would start to be pushed to the wall and a number of deals done.
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At the same time, the price of its main feedstock, natural gas, has remained very low in North America.
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.
If you look at unconventional gas production, we will have vast volumes of natural gas available for the next 25 years at very low prices.»
Very few coal - fired power plants are expected to be built in the future, due to the abundance and low price of natural gas.
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.
At a time at which U.S. dependence on coal is decreasing (due to increased supplies of unconventional natural gas and hence lower gas prices), China continues to rely on coal, but is very concerned about this, partly because of localized health impacts of particulates and other pollutants.
In the energy markets, he said, «prices have been very low,» thanks to natural gas from shale deposits, and the market is «doing the job markets were intended to do.»
New coal and nuclear generation can not compete with «the very low price of natural gas and the efficiency of new natural gas plants,» as well as the declining price of renewable energy.
And it's very unlikely natural gas prices would remain low enough, and stable enough to guarantee that prices remain well below $ 40 / MWh for the next few decades.
Proof is that wind and solar have boomed over the last five years when natural gas prices have been very low.