Tag Archives: Natural Gas

US Wind Potential Estimate More Than Triples

wind-farmThis month brought another exciting piece of news for those of us hoping the US will transition to renewable energy in the years ahead. Not only did the US add a record amount of wind capacity in 2009, but new data show that the potential supply of wind power is almost infinite relative to our electricity consumption. The US government agency that deals with renewables, the National Renewable Energy Laboratory (NREL), finally updated their study of onshore wind resources (since the last comprehensive study in 1993). They now estimate that wind power Continue reading

Some balance returning to US fuel inventories

oiltanksThe Energy Information Administration (EIA) just released its weekly reports on petroleum and natural gas supply and demand. They both showed the beginnings of a return to balance in the American fuel market. While demand remains low for oil and its refined products, supply is moving lower for equilibrium. The same is happening for Continue reading

Solar quickly approaching grid parity

solarSolar module prices are falling so fast that solar may be able to cost-effectively compete with fossil fuels within a matter of months. The latest bit of news confirming astounding price drops was from China’s LDK Solar. LDK is a producer of the main component of solar modules (wafers). While their second quarter guidance showed a boost in shipments, it also lowered their revenue expectations, translating into a cost per watt of Continue reading

Recession keeps a lid on fuel prices

gas-pump1The recent oil price rally has taken a break due to the persistence of recessionary low demand. While lower prices may finally translate into lower crude oil and natural gas output in July 2009 than in 2008, US demand numbers show little sign of recovery. This reality makes it tough for renewable energy to compete currently, but is a relief to Continue reading

The Human Toll of Fossil Fuel Use

coal-minersMost of my posts have focused on the environmental and public health impacts of burning fossil fuels due to their greenhouse gas emissions. But the 16 deaths from a liquefied petroleum gas explosion on an Italian train today are an important reminder that reduced emissions are not the only benefit from efficiency and Continue reading

EIA Report: US emissions to tank ~3.5% in ’09

climatechangeThe US Energy Information Agency (EIA) has further lowered its emissions projection for 2009 this month, as I said in May was likely. Lower coal consumption drives the reduction, based on the drop in industrial demand for fuel and the substitution by natural gas for coal for Continue reading

House committee passes climate bill as electricity emissions plunge

climatechange1Yesterday, the House Energy & Commerce Committee passed Waxman-Markey’s American Clean Energy & Security (ACES) Act by a 33-25 vote. This passage does not guarantee ultimate passage in the full House or Senate, but gets some positive political momentum behind necessary federal Continue reading

New report shows global emissions likely to fall

climatechange1The Paris-based International Energy Agency (IEA) reported today that they expect global oil demand to fall 2.6 million barrels per day (Mbd) in 2009, .24 Mbd lower than their April forecast. As I wrote last month, falling oil consumption can lead to lower overall global greenhouse gas emissions. And IEA’s prediction of even lower oil demand leads me to believe a 2009 emissions drop is now Continue reading

May report: US emissions expected to fall further

us-mapThe US Energy Information Administration (EIA) released its monthly Short Term Energy Outlook today. And their projection for 2009 US carbon dioxide emissions from energy fell even further than last month’s. The drop was led by Continue reading