Markets for electricity and natural gas in the U.S. grew up independently of one another. The rules in one do not always align with the rules in the other, creating challenges for both operators and regulators. Cumbersome inefficiencies are becoming more evident with the rapid evolution of the electric system. With more gas-fired power plants… Keep reading →
The New York Times published an important analysis last week, recognizing something critically important: the reality that a nation with an advanced, growing economy may also see its carbon emissions decline. Last year the International Energy Agency (IEA) found that in 2014, for the first time in 40 years, as global GDP grew, global carbon… Keep reading →
The summer of 2015 brought New England the lowest wholesale electricity prices since 2003, thanks to record low prices for natural gas.
The U.S. natural gas industry continues to shift from its primary role as fuel for heating and cooking to the dominant fuel of choice for U.S. electrical power. This move is prompted by consistently low prices, production efficiency gains and regulatory drivers. Yet in key markets across the United States, the “rush to gas” creates… Keep reading →
In an ideal world, our electricity system would run on 100 percent clean, renewable energy. Moving toward that goal means transitioning away from a system of centralized, fossil fuel power plants, to an intelligent, efficient, networked energy grid that smoothly integrates vastly increased amounts of renewables and energy-efficient solutions. To do that, we have to… Keep reading →
The EPA has revealed it finds no evidence that hydraulic fracturing has led to widespread pollution of drinking water. “The oil industry and its backers welcome the long-awaited study while environmental groups criticize it. “We found the hydraulic fracturing activities in the United States are carried out in a way that has not led to… Keep reading →
Energy Secretary Ernest Moniz said the Iran deal addresses every way the country could possibly get a nuclear weapon and gives the international community unprecedented transparency to Iran’s nuclear program. “There is a fair amount of concern about the deal – which would scale back Iran’s nuclear facilities in exchange for long-term sanctions relief from the… Keep reading →
The FERC has conditionally approved the proposed Constitution Pipeline Project and related interconnection facilities to enhance natural gas supply options to New York and New England. On December 2, 2014, the Federal Energy Regulatory Commission (FERC) conditionally granted Constitution Pipeline Company LLC’s application for authorization to construct and operate an approximately 124-mile, 30-inch pipeline from… Keep reading →
Breaking Energy recently caught up with Dawn Constantin, Head of Partnerships & Analytics at BP North America Gas & Power, to find out about her role as an oil & gas trading strategist, and her career progression through such a fast-paced, high-intensity operation. BE: Can you describe your current role, responsibilities and what you’re currently… Keep reading →
A European court ruled former Russian oil company Yukos’ shareholders are entitled to $50 billion because the Russian government illegally expropriated assets and orchestrated the firm’s demise. Collecting the money, however, will be no easy task. “It is the tribunal’s view that Yukos was the object of a series of politically-motivated attacks by the Russian… Keep reading →
