NATURAL GAS THREATENS FUTURE OF NUCLEAR ENERGY Nuclear power, the glamorous, high-tech power of the future, may be losing the energy race to humble natural gas, as abundant U.S. shale gas production causes natural gas prices to hit record low levels. So far this year, natural gas has performed the worst among commodities, posting declines … Continue reading NATURAL GAS THREATENS FUTURE OF NUCLEAR ENERGY→
Tech company turning natural gas flares into electricity in Eagle Ford Clean energy technology being deployed and tested in the Eagle Ford Shale may soon change how oil companies think about natural gas flares. Silicon Valley-based Alphabet Energy Inc. has installed two thermoelectric generators that convert waste heat from flares into electricity at a pair … Continue reading Tech company turning natural gas flares into #electricity in Eagle Ford→
GE Nears $1 Billion Deal With Caithness in Power-Plant Pact General Electric Co. is nearing a deal with Caithness Energy with a potential value of more than $1 billion to supply equipment for multiple power plants in the U.S. GE would provide as many as six of its new H-class gas turbines, along with steam … Continue reading #GE Nears $1 Billion Deal With #Caithness in Power-Plant Pact→
Natural Gas Drives Energy Costs to Record Lows The Business Council for Sustainable Energy and Bloomberg’s New Energy Finance have recently released their 2017 Sustainable Energy in America Factbook, which looks, among other things, at the benefits of rising natural gas use across the United States. According to the report, Americans now devote less than … Continue reading Natural Gas Drives Energy Costs to Record Lows→
Is U.S. LNG Too Expensive For Asian Markets? The liquefied natural gas (LNG) market is returning to life. With prices in the critical Asia market stabilizing, on the back of news that China’s January imports surged 40 percent year-on-year — continuing a trend toward rapidly-rising gas use here. There’s been a lot of speculation that … Continue reading Is U.S. LNG Too Expensive For Asian Markets?→
Texas gas burn for power hits four-year low Houston, 10 February (Argus) — Natural gas use to generate electricity in Texas in January remained at the lowest monthly level in nearly four years, and 36pc below the previous January, as coal and wind generation increased. Gas was burned to produce 8.2 GWh in January, down … Continue reading #Texas gas burn for power hits four-year low→
Energy Costs at Record Lows Thanks to Natural Gas and Clean Energy The findings counter claims by some, including in the Trump administration, that the adoption of wind, solar and other forms of renewable energy are driving up U.S. energy costs The nation’s rapid adoption of clean energy technologies, combined with sustained natural gas consumption, … Continue reading Energy Costs at Record Lows Thanks to Natural Gas and Clean Energy→
FERC approves gas projects ahead of cutoff: Update Washington, 3 February (Argus) — The US Federal Energy Regulatory Commission (FERC) has approved the $4bn Rover natural gas pipeline, the $3bn Atlantic Sunrise pipeline and two smaller pipelines in a last-minute push to authorize projects before it loses its ability to act. FERC after today will … Continue reading FERC approves gas projects ahead of cutoff: Update→
Trump’s Trade War With Mexico Could Crash Natural Gas Prices The much hyped “trade war” that Donald Trump is apparently preparing for the southern neighbor of the U.S. could be over before its starts, as the full extent of the mutual dependency of the two countries is gradually revealed. One of the major aspects of … Continue reading Trump’s Trade War With Mexico Could Crash Natural Gas Prices→
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