Articles tagged Electrification

All signs point to North America becoming the worldwide price setter for natural gas, ConocoPhillips CEO Ryan Lance said Tuesday.

Sempra is betting on substantial growth in global LNG demand over the coming years despite regulatory uncertainty over the future of U.S. exports, management said.

Equinor ASA is phasing out gas-fired generation in one of its most prolific natural gas production hubs in favor of electricity as it looks to increase both the sustainability and the lifespan of its North Sea operations.

Puget Sound Energy (PSE), which serves western Washington, has launched a pilot program for around 10,000 of its natural gas customers to transition to sustainable electric technologies for heating and cooling.  

States that want to effectively adopt rules to encourage industry to reduce carbon emissions would fare well by adopting a holistic approach, according to an executive with the Coalition for Renewable Natural Gas. 

Shell plc is not going to determine how quickly the energy transition happens, but there is a role going forward for natural gas and oil, the CEO said last week.

As the energy industry clamors for technologies to reach decarbonization goals, renewable natural gas (RNG), though still in short supply, may be the solution for hard-to-abate sectors. 

The right incentives could allow natural gas utilities to use existing infrastructure to advance low-carbon fuels and fight climate change, according to a study commissioned by the American Gas Association (AGA). AGA consulted Concentric Energy in discovering key regulatory frameworks that would encourage the production of low carbon products. 

Commonwealth Edison Co. (ComEd) has filed to raise monthly electricity rates by about $4.25 for the average monthly residential electricity bill annually from 2024-2027 as it strengthens the grid and prepares for increased electrification. 

Energy and Environmental Economics Inc. (E3), a sustainability consulting firm, revealed that while electrification overtakes natural gas heating as Illinois targets net-zero emissions by 2050, the state’s electric grid may shift from a summer-peaking to a winter-peaking system.