A debate over the greenhouse gas emissions reduction benefits associated with burning natural gas versus coal to generate power began in 2010 when a Cornell University professor published a paper addressing methane leakage – methane being a potent greenhouse gas – from natural gas development. The paper found methane emissions at levels that would make… Keep reading →
As global natural gas fundamentals shift – with Asian demand expected to significantly increase, the US importing less and exporting more – European countries seek secure and reliable long-term supply from a diverse group of producers. An ambitious pipeline project dubbed the Southern Gas Corridor is part of that vision. European utilities have successfully renegotiated… Keep reading →
The investment banking community recently picked up on this trend and the EIA’s latest Today In Energy post details greater coal use in the US power sector compared with last year. Although power generators’ fuel portfolios vary by region, at the national level, higher 2013 natural gas prices relative to coal prices motivate utilities to… Keep reading →
Without stop-gap funding from congress by October 1st, the EPA could ‘Effectively Shut Down,’ leaving it with just a skeleton crew needed in case of emergency. The EPA has reportedly not shut down due to lack of funding since 1996. [AP] French oil major Total could sell its stake in giant Russian gas field Shtokman.… Keep reading →
Quick Take: In July I alerted you that the nominee to replace Jon Wellinghoff as chairman of the Federal Energy Regulatory Commission (FERC), Ron Binz, was likely to be good for smart grid and renewables but tough on coal. Now we’re learning that his nomination has “generated unprecedented interest and controversy” according to Brent Franzel… Keep reading →
The Environmental Protection Agency unveiled its proposal for Clean Air Act standards to limit carbon dioxide emissions from new power plants on Friday. The agency also announced that it has begun coordinating with state and local governments, industries and non-profit organizations to establish carbon dioxide emissions standards for existing power plants. “Power plants are the… Keep reading →
In 1956, a little-known geologist named Marion King Hubbert published a paper predicting that oil supplies were destined to reach a peak as the cheap and easy to tap reservoirs were depleted over time. He predicted that US oil production would peak somewhere between the late 1960s to early 1970s. Others, including oil financier Mathew… Keep reading →
A majority of companies say taxes and cost of living are not a barrier to doing business in the state. Five years after signing one of the nation’s most progressive pieces of energy legislation into law, Massachusetts continues to see strong growth in solar, wind, efficiency and high-technology jobs throughout the clean energy industry. The… 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 →
The dramatic shift in the US natural gas sector over the past five years calls for a rethink of at least some aspects of natural gas policy. But heated debates over its economic and environmental impacts, and uncertain progress on regulatory and legislative changes, show how elusive agreement on a new policy trajectory can be.… Keep reading →
