Sentences with phrase «with low natural gas prices»

Wind industry officials often state that they can not compete with low natural gas prices, which are forecast to remain low and stable for decades.
Stricter emissions requirements on coal - fired power plants, together with low natural gas prices, have contributed to a recent decline in the use of coal for electricity generation in the United States, she said.
Mohl said increasing operational costs combined with low natural gas prices have cut into revenues and that Entergy was facing a hard choice on the plant even before negotiations began with the state.
Rising production from shale gas resources has been credited with both lower natural gas prices and declining dependence on imported natural gas.

Not exact matches

Low natural gas prices, combined with changes in the provincial tax regime, probably deserve as much credit as the worldwide economic downturn for the carnage that has subsequently ensued, with at least 40 B.C. resort and condo developments in creditor protection or receivership, according to Jurock.
They should instead re-examine their practices that might have led to traces of, for example, diesel turning up in the Wyoming groundwater and come up with standards that would make leaks along the well bore impossible before less appropriate and more costly rules are thrust upon them at a time when natural gas prices are hitting 10 - year lows.
«We believe we can compete at scale on price with even low - cost natural gas,» Kirtley declares.
Results from the first round results of Alberta's Renewable Electricity Program were record - breaking, with the lowest wind power prices in Canadian history, making them competitive with natural gas power prices.
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.
Natural gas prices are likely to stay low for at least the next 20 years, with a long term annual average price of $ 4 to $ 5 per million Btu, a new study says.
Prices for electricity would be 4 percent lower by 2033 with a transition to more wind, solar and hydroelectric power than a persistent reliance on coal and natural gas, according to a report by Calgary - based environmental research firm Pembina Institute and Clean Energy Canada, a Vancouver - based organization that promotes renewable energy.
The plant, based in Scriba, Oswego County, is being closed due to greatly reduced revenues and low natural gas prices, along with high operational costs.
FitzPatrick has been hurt by Central New York's low wholesale power prices, which have fallen along with the price of natural gas, a common fuel for power plants.
He wishes the plan came along two years ago, when Upstate nuclear plants started struggling to compete with low - price power from natural gas plants.
Without that added compensation, many nukes have trouble competing with gas - fired power plants, which benefit from low natural gas prices.
Moreover, if natural gas prices remain low due to higher yields associated with the hydraulic fracturing of wells, other forms of electricity — including renewables — will have a hard time winning favor with utilities and state public utilities commissions that govern the growth of the electricity system.
Walker said he would emphasize that pipeline with Obama, as well as the state's need to extract natural gas resources and address financial challenges caused by low oil prices.
The biggest driver of lower carbon dioxide emissions has been declining natural gas prices, which has allowed the industry to replace coal - fired power plants economically with cleaner natural gas power plants — and without a costly regulatory mandate,» said Jeffrey J. Anderson, a doctoral candidate in the Department of Engineering and Public Policy.
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.»
«With the price of natural gas so low, there is no incentive to burn clean energy.»
$ 8 billion) over first ten years for deficit reductionObeys PAYGO; Starting in 2026, 25 % of auction revenues for deficit reductionFuels and TransportationIncrease biofuels to 60 million gallons by 2030, low - carbon fuel standard of 10 % by 2010, 1 million plug» in hybrid cars by 2025, raise fuel economy standards, smart growth funding, end oil subsidies, promote natural gas drilling, enhanced oil recoverySmart growth funding, plug - in hybrids, raise fuel economy standards $ 7 billion a year for smart growth funding, plug - in hybrids, natural gas vehicles, raise fuel economy standards; offshore drilling with revenue sharing and oil spill veto, natural gas fracking disclosureCost ContainmentInternational offsetsOffset pool, banking and borrowing flexibility, soft price collar using permit reserve auction at $ 28 per ton going to 60 % above three - year - average market price» Hard» price collar between $ 12 and $ 25 per ton, floor increases at 3 % + CPI, ceiling at 5 % + CPI, plus permit reserve auction, offsets like W - MClean Air Act And StatesNot discussedOnly polluters above 25,000 tons of carbon dioxide equivalent a year, regional cap and trade suspended until 2017, EPA to set stationary source performance standards in 2016, some Clean Air Act provisions excludedOnly polluters above 25,000 tons of carbon dioxide equivalent a year, regional cap and trade pre-empted, establishes coal - fired plant performance standards, some Clean Air Act provisions excludedInternational CompetitivenessTax incentives for domestic auto industryFree allowances for trade - exposed industries, 2020 carbon tariff on importsCarbon tariff on importsReferences: Barack Obama, 2007; Barack Obama, 8/3/08; Pew Center, 6/26/09; leaked drafts of American Power Act, 5/11/10.
Compton, after all, is primarily in the Gas exploration and production business, and we all know what a terrible business that is today with natural gas prices at historic loGas exploration and production business, and we all know what a terrible business that is today with natural gas prices at historic logas prices at historic lows.
As a cleaner energy alternative, with the abundant supply, and low and competitive pricing, natural gas is becoming America's domestic energy solution.
With this new infrastructure project, NYMEX suggests that winter natural gas prices in New England will be 20 percent lower than last year.
Replacing electricity from Taiwan's operational and mothballed nuclear plants with natural gas would cost $ 2.85 billion per year for the natural gas purchases alone, at current low prices.
Increased demand from the electric sector, with low - priced natural gas burn totaling about 2,600 Bcf from April through June of 2012, up 27 % from just over 2,000 Bcf burned during the same period in 2011.
Clean - burning natural gas is an affordable and reliable source of energy that, along with increased energy infrastructure, could protect consumers from energy price volatility, benefit American workers, and improve the environment with lower emissions.
While there are significant differences in projected natural gas prices across baselines, with persistently lower prices in the High Oil and Gas Resource case, the Clean Power plan itself does not significantly move natural gas prices with the exception of an initial impact expected during the first 2 - 3 years after the start of implementatigas prices across baselines, with persistently lower prices in the High Oil and Gas Resource case, the Clean Power plan itself does not significantly move natural gas prices with the exception of an initial impact expected during the first 2 - 3 years after the start of implementatiGas Resource case, the Clean Power plan itself does not significantly move natural gas prices with the exception of an initial impact expected during the first 2 - 3 years after the start of implementatigas prices with the exception of an initial impact expected during the first 2 - 3 years after the start of implementation.
CategoriesCSP News & AnalysisTags6 cent solar, Aurora, contract, csp competes with natural gas, Port Augusta, record low price, solar for after dark, solar for evening peak load, South Australia
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.
Both increasing domestic supply of natural gas and lower natural gas prices, together with the high efficiency of combined - cycle power plants, have contributed to their increased use.
With natural gas prices so low, producers are cutting back severely on drilling.
However, with a return to lower natural gas prices in 2015 favoring increased natural gas - fired generation, coal's generation share dropped again.
However, low natural gas prices, increasingly affordable renewable technologies and grid improvements, declining demand for electricity, and costly age - and safety - related power plant repairs have led to some nuclear reactors being retiring abruptly, with little or no advance planning.
To get around this alternative resources are given huge amounts of credit for clean air impacts, conventional technologies are punished, all concurrent with low availability and high projections for natural gas prices (or gas generation is ignored as an option).
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.
Once the dominant source of U.S. electricity, it's been on the wane in recent years as it's struggled to comply with federal limits on mercury emissions and lower natural gas prices.
Low natural gas market prices and their impacts on wholesale electricity prices, along with low energy growth since 2008 and a lack of stability in federal policy (such as the production tax credit), have influenced wind power deploymeLow natural gas market prices and their impacts on wholesale electricity prices, along with low energy growth since 2008 and a lack of stability in federal policy (such as the production tax credit), have influenced wind power deploymelow energy growth since 2008 and a lack of stability in federal policy (such as the production tax credit), have influenced wind power deployment.
The Energy Information Administration's Short - term Energy Outlook (September 2015) projects lower residential natural gas prices compared with 2014.
In addition to its relative low cost, Illinois Basin coal is more likely to be used in larger, more efficient plants with modern pollution control equipment, helping it compete against low natural gas prices.
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.
The great irony is that the US has been reducing CO2 emissions more than other countries with earlier government - mandated CO2 reductions through the ordinary working of market forces, which increasingly favor natural gas for electricity generation in the US because of its low price.
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.
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.
The increase in natural gas production and with it, low prices, have allowed the Obama administration to clamp down on coal - fired power generation, the regulatory cornerstone of its fight against climate change.
While natural gas prices are low now, they are historically volatile with wide price swings tied to increasing demand, extreme weather events, and uncertainties about available gas supplies.
«In some parts of the U.S., wind energy is now the cheapest source of electricity, even with today's low natural gas prices
Older coal plants will continue to be hamstrung by the cost of complying with non-climate pollution rules (such as the ozone air quality standards), plus the perhaps even lower price of natural gas.
That's less than half the price of retail electricity power and a price low enough to compete with natural gas, coal, and nuclear power head to head in wholesale markets for what some might call «baseload» power.
But if clean tech developers look with envy at low natural gas prices, they should also take a lesson from the path the shale gas industry took to achieve commercial maturity.
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