article thumbnail

Why Natural Gas Prices Quadrupled In Two Years

R-Squared Energy

natural gas production, I engaged in a Twitter discussion on the causes of the natural gas price surge over the past two years. The largest contributor to higher natural gas demand has been US power generation. What ensued was a discussion of the influences in the natural gas markets in recent years.

article thumbnail

Renewables became second-most prevalent U.S. electricity source in 2020, per EIA

Renewable Energy World

according to the Energy Information Administration , coming in second to natural gas at 1,617 billion kWh. Only natural gas produced more electricity than renewables in the U.S. peaked at 2,016 billion kWh in 2007, and much of that capacity has since been replaced by or converted to natural gas-fired generation.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How will the energy crunch impact the transition to renewables?

Renewable Energy World

Record-high natural gas prices are fueling an energy crunch ahead of winter in the Northern Hemisphere, leading to power shortages in parts of the world. On one hand, developing countries eyeing a switch from coal to natural gas to support higher penetration of renewables may be dissuaded by higher gas prices.

article thumbnail

Can Gas-Fired Power Plants Coexist with a Net-Zero Target? Yes, Southern Company Insists

GreenTechMedia

utility can reach net-zero carbon emissions by 2050 while still keeping natural gas as a central part of its business, both to generate electricity and to sell to its customers. That includes a recommitment to reaching its 2030 goal of reducing carbon emissions below 50 percent of their 2007 levels, potentially ahead of schedule.

article thumbnail

Energy-related carbon emissions fell in 2020, EIA says

Renewable Energy World

EIA also cited continuing changes in the electricity generation fuel mix, as natural gas and renewables continued to displace coal. As natural gas prices fell during 2020, emissions from coal accounted for less than 900 million metric tons. Natural gas emissions fell 2% to around 1.6 billion metric tons.

Carbon 111
article thumbnail

20 C-suite sustainability champions for 2021

GreenBiz

Natura, which issues a regular environmental profit-and-loss statement , went carbon-neutral in 2007 and became the first public B Corporation in 2014. Logan Green has cited growing up with Southern California traffic and carpooling as a student in Zimbabwe for inspiring the launch of Zimride in 2007. million acres the 4.4

article thumbnail

Southern Company Commits to Net-Zero Carbon by 2050, but Seeks New Gas Plants for Now

GreenTechMedia

utilities in setting a net-zero carbon target for 2050, aiming to balance the emissions from its sizable fossil fuel-fired generation fleet and sprawling natural gas business with reductions to be gained by expanding its portfolio of renewable energy and energy efficiency. Southern Company has joined other major U.S.

Carbon 130