NATURAL GAS
As Environmental, Social, and Governance (ESG) awareness sweeps boardrooms around the world, procurement managers are forced to examine the business practices and environmental stewardship of their…Read the full report …...
As Environmental, Social, and Governance (ESG) awareness sweeps boardrooms around the world, procurement managers are forced to examine the business practices and environmental stewardship of their supply chain.
The ongoing conversation on the role of natural gas utilities in reducing emissions continues as utilities work towards achieving ambitious state decarbonization goals.
The U.S. liquefied natural gas (LNG) sector is poised for more growth amid surging natural gas prices, growing export capacity, and high demand due to Europe's supply crisis. Currently, about 25 LNG projects are under construction or under different stages of planning across the country.
The U.S. Energy Department’s $6 billion nuclear credit program, the pursuit for carbon-free generation to meet climate goals, and technological advancements are reigniting support for nuclear power. The global impact of Russia’s war on Ukraine has also escalated the importance of national security considerations in energy policies including a discussion about the role of nuclear power.
Several states that have ambitious clean energy and emissions reduction mandates are investigating the role of natural gas in the shift to a low-carbon power system. Actions at the federal level, spurred by the Biden administration’s goal of net-zero emissions by 2050, are also catalyzing efforts to decarbonize the gas system.
The Biden administration is walking a tightrope on climate action as recent moves in the oil and gas industry challenge its aggressive climate agenda, which calls for net-zero emissions by 2050.
Eastern Gas Transmission and Storage Inc. (EGTS), which provides natural gas transportation and storage services with one of the largest underground natural gas storage systems in the U.S., has requested a whopping 214 percent increase in cost of service rates in its first general rate case filed with federal regulators since 1998. The proposed changes have drawn protests from over two dozen companies that rely on the EGTS system for transportation and storage services.
Ongoing state initiatives to transition to a low-carbon future and new actions from the federal level are impacting natural gas utilities’ long-term planning strategies. The challenge for utilities is to adapt to the changing policy landscape, evolving in ways that contribute to decarbonization.
U.S. state regulators and utilities alike are exploring the use of renewable natural gas (RNG) due to its environmental benefits to displace fossil fuels and to support the transition to a low-carbon energy economy. RNG is pipeline-quality methane produced from biomass that is sourced from livestock operations, landfills, and other organic waste.
A growing number of states are investigating long-term planning of natural gas utilities to explore cost-effective alternatives that better align with climate policies. Investigation into the future of the gas industry is becoming important to develop strategies that facilitate progress toward a net-zero emissions energy future while safeguarding ratepayer interests and ensuring reliable service.
A series of setbacks for high-profile oil and gas pipeline projects in the U.S. reveal the difficult climate for midstream projects in the face of growing legal challenges, changing economics, and states’ push to reduce fossil fuels as they embrace clean energy.
