Latest developments in the policy and regulatory landscape governing competitive retail electricity markets are focused on efforts to enhance consumer protection and benefits. Recent actions range from establishing stricter reviews of electric supplier licenses to cyber and data security requirements.
U.S. exports of natural gas averaged 20.4 billion cubic feet per day (Bcf/d) during the first half of 2023, up 4 percent compared to the same period in 2022, according to an Oct. 4 report by the U.S. Energy Information Administration. The increase in U.S. gas exports can be attributed to the continued growth in…
The average construction costs of natural gas-fired generators, wind turbines and solar PV systems declined in the U.S. during 2021 relative to 2020, according to an Oct. 3 report by the U.S. Energy Information Administration. Average construction expenditures declined by 18 percent for gas fired generators, 5 percent for wind turbines and by 6 percent…...
Total working gas storage at Southern California Gas Company’s Aliso Canyon Natural Gas Storage Facility has been increased by 67 percent, in order to prevent potential rises in energy prices and support reliability during the upcoming winter 2023-24, according to a Sept. 27 report from the U.S. Energy Information Administration. The California Public Utilities Commission…...
The U.S. Department of Energy on Sept. 21 released a draft environmental review assessing potential environmental impacts associated with allowing the New Fortress Energy Altamira FLNG Project to export natural gas to Mexico, and after liquefaction in Mexico, to other countries in a combined total volume equivalent to 158 billion cubic feet (Bcf) per year…....
The monthly U.S. natural gas spot price on the U.S. benchmark Henry Hub has largely followed a downward price trend so far in 2023, however these lower wholesale gas prices are not directly being translated into lower commodity rates for residential customers, according to an Sep. 19 report from the U.S. Energy Information Administration. U.S…....
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.
Natural gas fired generation has accounted for a larger share of the electricity generation in Florida over the past 20 years, according to the U.S. Energy Information Administration. Natural gas accounted for 31 percent of Florida’s electricity generation in 2022. The installation of 26.8 gigawatts (GW) of new and advanced natural gas fired capacity over…...
The Bureau of Ocean Energy Management will hold Gulf of Mexico oil and gas Lease Sale 261 on Sept. 27, 2023, according to a notice issued on Aug. 25. The sale will offer about 12,395 blocks on about 67 million acres on the U.S. Outer Continental Shelf in the Western, Central, and Eastern Planning Areas…...
The value of energy transacted between the U.S. and Canada reached a record high in 2022, exceeding the previous record high in 2008, according to an Aug. 14 report from the U.S. Energy Information Administration. The increase in the value during 2022, can be attributed to high energy commodity prices. Trade value consists of both…...