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Due to increases in power sector demand for gas, coupled with growing demand from the industrial sector in the region, overall natural gas demand in the Southeastern US is expected to grow by nearly 8 Bcf/d over the next 15 years. All these factors combine to create significant risk of higher natural gas basis prices […]
US Production of natural gas has been increasing over recent years, faster even than US consumption of natural gas. However, the excess production is resulting in an increase in exports and by mid-2017 the US is expected to become a net exporter of natural gas. Source: U.S. Energy Information Administration, Natural Gas Monthly U.S natural […]
New York State has pledged to be a leader in renewable energy. Developing this 127 square mile wind farm would be a huge step towards achieving that goal. Construction of a wind farm off Block Island, R.I., began in July, with a barge carrying pieces of foundation that were to be sunk and stabilized in […]
Solar is growing, and fast! Almost 75% of the 16 Gigawatts of growth in 2016 will be large utility-scale projects that will help to stabilize mid-day peak demand power prices. The U.S. solar market is set to grow a staggering 119 percent this year, says GTM Research in its U.S. Solar Market Insight 2015 Year […]
New Jersey is looking to become the renewable energy leader in the Northeast with a goal of 80% renewables by 2050. With many states pushing for more and more renewable energy options and those renewable options becoming cheaper and cheaper, now is a good time to begin exploring long-term renewable energy options. Eighty percent of […]
Solar energy is no longer a fad! For the first time ever, solar beat out natural-gas capacity additions, with solar supplying 29.5 percent of all new electric generating capacity in the U.S. in 2015. Installing solar can help reduce energy costs, generate revenue, and even hedge against expected rising prices. In yet another record-breaking year, […]
Green energy is good, right? Indeed, but the “Duck Curve” presents an interesting side effect of having more renewable energy generation sources in the market. The article below is an fascinating must read. Check it out. Wind and solar power are pretty great, especially the part about how they don’t create pollution that kills people […]
2015 was a huge year for green energy, where over 60% of added capacity came from renewable sources. New capacity from nuclear, coal and oil will continue to decline. Looks like our green energy future may be closer than we think. It was quite a year for renewable energy. 2015 set the record for new […]
ERCOT reported a 2.2% increase in energy usage within its region of Texas in 2015, fueled by a record-breaking summer that brought a new peak demand record approaching 70,000 MW. The Texas grid operator released a report Jan. 15 that indicated the system consumed 347,522,945 MWh of electricity last year, nearly 7.5 million MWh more than in […]
Getting to 100% renewable energy in the US by 2050 is a goal that is gaining traction among the US public. Reports from many environmental organizations have been written on how to get to this target, including from Greenpeace and the World Wildlife Foundation. After last year’s COP21 conference, the momentum has gotten stronger in […]
