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Rethinking Future Investments in Natural Gas Infrastructure

GreenTechMedia

Cities and utilities across the United States are starting to reject natural gas — and not just for environmental reasons. San Jose, the tenth largest city in the country, recently joined a string of cities banning gas utility connections for new homes and buildings. This may seem like an abrupt change.

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LNG Supply, Demand, Pricing & Trading

Energy Central

LNG demand is growing as Covid restrictions are eased but reduced investment during the pandemic and delays in construction are slowing the addition of much needed new liquefaction capacity. 2022 is proving to be a year of change for the LNG business.

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EIA: Coronavirus Depressing US Power Demand, Slowing Renewables Buildout

GreenTechMedia

While the oil and gas industries face the greatest risks, EIA’s latest Short-Term Energy Outlook also predicts steep declines in commercial and industrial electricity demand, and a significant decline in new generation capacity as a result. These drop-offs in demand will drive down total U.S.

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Amid Depressed Power Demand, Duke Sticks to Plan to Double Renewables Base

GreenTechMedia

In April the picture darkened further: Duke's total electricity sales fell 5 percent, dragged down by a 12 percent slide in demand from industrial customers that was only partially offset by higher-than-usual residential sales. Utilities across the country are reporting dramatic drops in commercial and industrial energy demand.

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Construction begins on world’s largest integrated solar-powered battery system

Renewable Energy World

Florida Power & Light Company announced that construction has begun on the FPL Manatee Energy Storage Center , which is expected to become the world’s largest integrated solar-powered battery system, according to the company. FPL’s investments in battery storage technology directly complement the company’s expansion of solar energy.

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$7 Billion Pledged for Clean Hydrogen Hubs by Biden-Harris Administration

Hydrogen Fuel News

The aim is to produce over three million metric tons of clean hydrogen annually, trigger over $40 billion in private investments, and create tens of thousands of jobs. The Biden-Harris administration is injecting $7 billion into seven regional clean hydrogen hubs.

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Things That Can Impact Power Pricing

The Environmental Blog

If natural gas prices increase, your electricity rates will rise. High temperatures increase the demand for air conditioning and may reduce the capacity of existing generation assets. It will require new investments in flexible technologies such as batteries and electric vehicles.