This quote is not in reference to the highly-politicized Keystone XL oil pipeline project, as one might first assume, but was made with regard to New England natural gas pipeline constraints that cause spot prices to soar during demand spikes. Utilities often opt not to pay for more expensive uninterruptable supply, forcing them into the… Keep reading →
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We will never sell or share your information without your consent. See our privacy policy.Countering the Russian incursion into Crimea, the House Energy and Power Committee is debating multiplying American LNG exports, and sending shale gas in liquid form to countries overseas, a move that consultants say will raise US electricity prices. A knock-on effect of sending more shale gas abroad is that US electricity companies that have gas-fired… Keep reading →
Energy News Roundup: Tesla’s Battery Factory, Baghdad-Erbil Oil Exports and US Natgas
By Jared AndersonStates are battling to entice Tesla Motors to construct a $5 billion lithium-ion battery plant within their borders that could bring as many as 6,500 jobs. This Greentech Media article highlights recent news coming from each potential location – Texas, Nevada, New Mexico and Arizona – and suggests reasons why the factory should be built… Keep reading →
Analyzing the Gas Interconnection Between Chile and Argentina
By Fabiola RodriguesOverview This paper focuses on evaluating the gas interconnection between Chile and Argentina from 1994 to 2009. In order to attain this goal the article describes the negotiation process between The State and the private sector. Firstly, it tries to introduce the reader to the Argentinean and Chilean status in terms of energy at the… Keep reading →
Energy News Roundup: Mexican Energy Reforms Take Shape and US Natural Gas Market Convulses
By Jared AndersonThe secondary laws needed to enact Mexico’s historic constitutional changes that break state oil company Pemex’ 75-year monopoly on oil & gas development will reportedly be released mid-March. Additional laws covering royalties and taxes, however, will not be finalized until September. [Reuters] The Nymex natural gas futures contract for March delivery closed at $6.149 per… Keep reading →
A 30-megawatt offshore wind pilot project will use 5 floating turbines to generate electric power routed back to the mainland in Coos Bay, Oregon. “We’re not as anxious to commercialize it, but it’s still worth getting the projects into the water and testing them,” said Belinda Batten, director of the Northwest National Marine Renewable… Keep reading →
The US energy landscape today compared with 10 years ago is virtually unrecognizable, as the script with regard to import-dependent demand has been flipped to a potential export story. The seemingly moribund US natural gas industry characterized by decreasing reserves and production is now the apple of the world’s eye, with governments and private companies… Keep reading →