Sentences with phrase «with cheap natural gas»

With cheap natural gas substituting coal for electricity production, a sustained downturn in coal demand in China, and tough new regulations on greenhouse gas emissions in the United States, pure play coal companies like Peabody Energy (NYSE: BTU) and Arch Coal (NYSE: ACI), are having a horrible run of it.
Rather, a shale - gas boom flooded the U.S. market with cheap natural gas, offering utilities a cheaper, less risky alternative to nuclear technology.
It has all the hallmarks of a new industry with ups and downs, but it is clearly here to stay — even with cheap natural gas coming from hydraulic fracturing (fracking) in shale formations.
The simple reason is because the fracking boom has flooded the market with cheap natural gas.
Many of these plants are struggling to compete with cheap natural gas and renewable energy in power markets, and granting them cost recovery would keep them from retiring, the agency argued.
[W] ith the inability of the Connecticut House to pass a bill that would have allowed the state's only nuclear power plant, Millstone, to compete on equal footing with cheap natural gas and heavily subsidized renewables earlier this month, Connecticut is now in danger of losing its largest source of zero - carbon energy.
Nuclear facilities are struggling to compete as the market is glutted with cheap natural gas.
Nuclear and coal - burning power plants across the state are struggling to compete with cheap natural gas and some have announced closures in recent months.
Nuclear facilities are struggling to compete with cheap natural gas.

Not exact matches

Combine that with the glut of cheap natural gas from fracking, and coal production has plummeted:
Natural gas is still so cheap that solar has trouble competing with existing plants, but when it comes to new gas plants, solar is getting within striking distance, especially if gas prices rise more than forecasted.
Calpine's deal comes at a time when the U.S. wholesale power generation industry is struggling with margin pressure as cheap natural gas from shale fields in recent years has been driving down electricity prices.
Utility - scale solar is now cost - competitive with wind and natural gas — and it's cheaper than coal, even without subsidies.
Greg Biryla with the chamber of commerce - affiliated Unshackle Upstate said better access to cheap natural gas can boost manufacturing and create needed jobs in New York.
And with ever cheaper natural gas widely available now, paying a premium for ethanol or biodiesel seemed frivolous.
Although SynGest's price isn't yet competitive with natural gas ammonia, Oswald believes there's substantial demand for a lower - carbon source of ammonia - based fertilizer: «Cheap natural gas won't fix that.»
They never caught on, however, because they could not compete with those powered by cheap electricity and because their heat source — burning biomass or natural gas — is difficult to manage.
People's beliefs tend to align neatly with their interests, and in the absence of indisputable proof (and to non-scientists that means the equivalent of a ten - foot rise in sea level inundating South Beach) it is more «convenient» for people to use cheap oil, natural gas and coal.
The decline in the United States has mainly been due to market forces shifting electricity generation from coal to abundant and cheaper natural gas, along with environmental regulations built around the traditional basket of pollutants that even conservatives agreed were worth restricting.
Subsidies were biggest in Russia, with about $ 40 billion a year spent mainly on making natural gas cheaper, ahead of Iran with $ 37 billion.
Compare this with the coal industry, which peaked in jobs creation in the 1980's, before automation and cheap natural gas; coal now employs 160,000 people directly and indirectly (54,000 coal mining jobs).
As an economy reduces its emissions it will start with the cheapest abatement measures (energy savings) and then move to the more expensive measures by replacing energy - using equipment and switching from high - emission sources such as coal to low emission sources such as natural gas and nuclear power.
The average U.S. price of coal and natural gas power is still cheaper than renewables at $ 65 a megawatt - hour, compared with wind at $ 80 and photovoltaic solar — generating electricity from sunlight — at $ 107.
CategoriesCSP News & AnalysisTagsArizona, Arizona Public Service (APS), California, cheaper than natural gas, csp competes with natural gas, Solar Dynamics LLC, solar for after dark, solar for evening peak load, solar peaker
So as California was doubling its share of electricity from costly renewables, its retail electricity prices rose in line with the rest of the nation as the cheaper natural - gas - generated electricity covered for the more expensive green energy.
These findings align with PJM's broader assessment of its future grid reliability as more and more coal and nuclear plants find themselves economically uncompetitive in the face of flat demand, cheap and plentiful natural gas, and a rising share of zero marginal - cost clean energy.
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.
But with coal - fired power plants already beleaguered by cheap natural gas prices and other environmental regulations, experts said getting there won't be easy.
Apparently, with the latest discovery of huge deposits of natural gas, the US has the potential to have a large additional supply of cheap energy that emits only half as much greenhouse gasses as traditional fuels.
Even without the Clean Power Plan, coal's share of national electricity generation has been in steep decline for over a decade, dropping from 49 % in 2007 to 33 % in 2015, due largely to hydraulic fracturing, which has flooded the market with cheap, lower carbon natural gas.
Comparatively, fossil fuels are still dramatically cheaper than solar - based energies, with photovoltaic energy costing anything from 35 - to - 50 cents per kilowatt - hour, compared with coal and natural gas at 5 - to - 6 cents per kilowatt - hour.
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.
Adjusted for inflation, natural gas has not been this cheap for the past 35 years, with the price this year three to five times lower than it was in the mid-2000s.
Supermarkets with these HFC - free systems have found that natural refrigerant gases are generally cheaper than HFCs and more energy efficient with energy savings between 10 - 50 percent.
What if a off shore wind power generates cheap electricity and innovators in selling heat pumps figure out how to replace gas heat with ground source heat pumps for less than natural gas connection and usage costs over the first ten year of the 20 year life of the heat pump and 50 - 100 year life of the ground source?
Natural gas is still so cheap that solar has trouble competing with existing plants, but when it comes to new gas plants, solar is getting within striking distance, especially if gas prices rise more than forecasted.
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.
In fact, with current technology, the cost of a wind - generated kilowatt hour in the American Midwest is now effectively cheaper than a kilowatt hour generated by natural gas.
Cheap and clean natural gas, thanks to fracking technologies developed since the 1970's with significant support from taxpayers, has rapidly displaced coal.
This will further flood world markets with cheap American domestic oil and fracked natural gas.
It takes six decades between the time the decision is made to go with a particular energy generation form and the time it's end of life; committing to coal or natural gas right now, today, is the less economical choice, and fiscally irresponsible, because by the time the plant is built, there will be a 50:1 ratio of cheaper solar / wind / hydro / geothermal / wave years of service committed to.
In fact, they're pretty happy about all this oil and natural gas, the jobs that are coming along with it, and the cheaper energy costs.
Natural gas and electric cars are now both fairly cheap to fuel, though fueling with electricity can be time consuming and fueling up with natural gas will be a new experience for conNatural gas and electric cars are now both fairly cheap to fuel, though fueling with electricity can be time consuming and fueling up with natural gas will be a new experience for connatural gas will be a new experience for consumers.
Carbon combustion generated 80 % of someone's energy, but it sure as heck doesn't constitute much of the energy of people who can take advantage of cheaper geothermal, hydro or natural gas (which is largely hydrogen combustion); and as the price of solar and wind plummet and the practicality of extracting fossil other than gas drops like a stone in lock step with the advances of competing technologies, what sort of backwards knuckle - dragger actually wants the choking and fumes and leaks and inconvenience and dust and soot and sulfates?
FACT CHECK: wind power contributes about 6 % of Ontario's electricity supply, at four times the cost of other power sources; wind power is not the «lowest - cost» option — the turbines are cheap to build but there are many other costs associated with wind power and its intermittency; wind power can not replace hydro and nuclear — the fact is, coal was replaced by nuclear and natural gas, a fossil - fuel - based power source.
They compete with cheap coal and currently, with very cheap natural gas for a place in the electricity market.
A recent report from the Institute for Policy Integrity shows that the rapidly falling cost of renewable energy technologies (wind and solar, but not only wind and solar), coupled with the stubbornly low price of natural gas, mean that CPP compliance is likely to be cheaper than anyone projected.
«Cheap unregulated natural gas would compete with coal, but also with renewables,» Davis summarized.
Then there's «intermediate load,» with the next - cheapest tier of power plants, and at the top of that second hump, «peak load,» satisfied by (usually natural gas) «peaker plants» that are expensive to run but easy to ramp up and down quickly.
But he wholly fails to explain what the implications of the variability problem is (the need for overbuild of generation capacity and expensive / unfeasible large - scale energy storage), nor whether, if an effort is made to deal practically with these problems in real national electricity grids, the «increasingly cheaper» renewables will ever become cheap enough (when all relevant real - world factors are considered) and reliable enough (without natural gas «backup»), to actually substitute for and displace fossil fuels (or nuclear) at the scale required.
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