2 item(s) were returned.
New England is facing a potential shortage of liquid natural gas (LNG) after terrorist attacks on a Yemenese pipeline cancelled shipments to a Massachusetts terminal. Domestic gas could make up the shortfall, but a gas pipeline or export terminals would be needed. Currently, area power and gas companies are working to establish financing for construction of a pipeline expansion, and proposed LNG export facilities are being held up by DOE. New England’s electricity market is a complicating factor in pipeline negotiations. New pipeline capacity would require long-term contracts between suppliers and utilities, and inchoate gas and electric power market rules make it… [more]
View InsightPrincipal
Energy Futures Initiative
Modeling results in the MIT Future of Natural Gas Study released in June of last year suggested that the US could make major progress in the next two decades towards achieving a 50% reduction in CO2 emissions by 2050 – a real reduction, no offsets or other creative and questionable mechanisms –largely through two actions: reduced energy consumption, and switching from coal to natural gas in power generation. The study also concluded that simply by utilizing surplus Natural Gas Combined Cycle capacity from existing units in lieu of coal generation, the US could achieve a 20% reduction in CO2 emissions… [more]
View Insight