The U.S. Environmental Protection Agency has finalized carbon emission standards for existing coal-fired and new gas-fired power plants. Under the new rule, coal plants that intend to remain operational in the long term and new baseload gas-fired plants would have to control 90 percent of their emissions. The new rules are projected to reduce 1.38…...
U.S. natural gas consumption reached a record high of 89.1 billion cubic feet per day (Bcf/d) during 2023, according to an April 23 report published by the U.S. Energy Information Administration. U.S. natural gas consumption has been on an upward trend since 2018 and has increased on average by around four percent annually. Monthly natural…...
An increase in U.S. liquified natural gas (LNG) exports are projected to lead to higher volumes of U.S. natural gas exports during 2024 and 2025, according to an April 17 report published by the U.S. Energy Information Administration. U.S. LNG exports are expected to increase due to three LNG export projects presently under construction commencing…...
The U.S. exported 20.9 billion cubic feet per day (Bcf/d) of natural gas during 2023, up 10 percent compared to the previous year, according to an April 15 report published by the U.S. Energy Information Administration. U.S. natural gas volumes exported during 2023 were at an all time high. U.S. liquefied natural gas (LNG) exports…...
U.S. natural gas inventories are projected to remain comparatively high through 2025, according to an April 11 report published by the U.S. Energy Information Administration. High natural gas inventories are expected to dampen price volatility in U.S. gas markets and lead to relatively lower natural gas spot prices through 2025. The U.S. ended the winter…...
Natural gas prices at SoCal Citygate, the main price hub in Southern California, averaged $3.61 per million British thermal units (MMBtu) during December 2023, according to a March 25 report published by the U.S. Energy Information Administration. The average spot price during December 2023, was the lowest December spot price in eight years, when adjusting…...
Multiple states in the U.S. have initiated long-term proceedings to examine the operations of natural gas utilities, aiming to incorporate the implications of electrification goals and…Read the full report …...
Multiple states in the U.S. have initiated long-term proceedings to examine the operations of natural gas utilities, aiming to incorporate the implications of electrification goals and emissions reduction requirements into the planning processes of distribution utilities.
The Environmental Protection Agency’s upcoming rule to limit carbon dioxide emissions from fossil fuel-fired power plants will omit existing natural gas-fired plants, according to a Feb. 29 statement. The rule is expected in April. The agency plans to take a new approach to address emissions from the existing gas-fired fleet, covering more pollutants and ensuring…...
The Minnesota Public Utilities Commission has formalized planning requirements for the state’s major natural gas utilities. The initiative stems from the 2021 gas price spike during Winter Storm Uri, which underscored the need for a comprehensive planning approach to safeguard consumers from price volatility. The process aims to ensure safe, reliable, and cost-effective utility service…...
The U.S. is projected to retire 5.2 gigawatts (GW) of electricity generating capacity in 2024, according to a Feb. 20 report published by the U.S. Energy Information Administration. The expected retirement of power generating capacity this year is 62 percent lower than 2023 and is the lowest yearly decline since 2008. Coal and natural gas…...