Considering the Role of Natural Gas in the Deep Decarbonization of the U.S. Electricity Sector. Natural Gas and the Evolving U.S. Power Sector Monograph Series: Number 2

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ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (14 download)

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Book Synopsis Considering the Role of Natural Gas in the Deep Decarbonization of the U.S. Electricity Sector. Natural Gas and the Evolving U.S. Power Sector Monograph Series: Number 2 by :

Download or read book Considering the Role of Natural Gas in the Deep Decarbonization of the U.S. Electricity Sector. Natural Gas and the Evolving U.S. Power Sector Monograph Series: Number 2 written by and published by . This book was released on 2016 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Natural gas generation in the U.S. electricity sector has grown substantially in recent years, while the sector's carbon dioxide (CO2) emissions have generally declined. This relationship highlights the concept of natural gas as a potential enabler of a transition to a lower-carbon future. This work considers that concept by using the National Renewable Energy Laboratory (NREL) Renewable Energy Deployment System (ReEDS) model. ReEDS is a long-term capacity expansion model of the U.S. electricity sector. We examine the role of natural gas within the ReEDS modeling framework as increasingly strict carbon emission targets are imposed on the electricity sector. In addition to various natural gas price futures, we also consider scenarios that emphasize a low-carbon technology in order to better understand the role of natural gas if that low-carbon technology shows particular promise. Specifically, we consider scenarios with high amounts of energy efficiency (EE), low nuclear power costs, low renewable energy (RE) costs, and low carbon capture and storage (CCS) costs. Within these scenarios we find that requiring the electricity sector to lower CO2 emissions over time increases near-to-mid-term (through 2030) natural gas generation (see Figure 1 - left). The long-term (2050) role of natural gas generation in the electricity sector is dependent on the level of CO2 emission reduction required. Moderate reductions in long-term CO2 emissions have relatively little impact on long-term natural gas generation, while more stringent CO2 emission limits lower long-term natural gas generation (see Figure 1 - right). More stringent carbon targets also impact other generating technologies, with the scenarios considered here seeing significant decreases in coal generation, and new capacity of nuclear and renewable energy technologies over time. Figure 1 also demonstrates the role of natural gas in the context of scenarios where a specific low-carbon technology is advantaged. In 2030, natural gas generation in the technology scenarios is quite similar to that in the reference scenarios, indicating relatively little change in the role of natural gas in the near-to-mid-term due to advancements in those technology areas. The 2050 natural gas generation shows more significant differences, suggesting that technology advancements will likely have substantial impacts on the role of natural gas in the longer-term timeframe. Natural gas generation differences are most strongly driven by alternative natural gas price trajectories--changes in natural gas generation in the Low NG Price and High NG Price scenarios are much larger than in any other scenario in both the 2030 and 2050 timeframes. The only low-carbon technology scenarios that showed any increase in long-term natural gas generation relative to the reference case were the Low CCS cost scenarios. Carbon capture and storage technology costs are currently high, but have the potential to allow fossil fuels to play a larger role in low-carbon grid. This work considers three CCS cost trajectories for natural gas and coal generators: a baseline trajectory and two lower cost trajectories where CO2 capture costs reach $40/metric ton and $10/metric ton, respectively. We find that in the context of the ReEDS model and with these assumed cost trajectories, CCS can increase the long-term natural gas generation under a low carbon target (see Figure 2). Under less stringent carbon targets we do not see ReEDS electing to use CCS as part of its electricity generating portfolio for the scenarios considered in this work.

Review of Sector and Regional Trends in U.S. Electricity Markets: Focus on Natural Gas. Natural Gas and the Evolving U.S. Power Sector Monograph Series: Number 1

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Book Synopsis Review of Sector and Regional Trends in U.S. Electricity Markets: Focus on Natural Gas. Natural Gas and the Evolving U.S. Power Sector Monograph Series: Number 1 by :

Download or read book Review of Sector and Regional Trends in U.S. Electricity Markets: Focus on Natural Gas. Natural Gas and the Evolving U.S. Power Sector Monograph Series: Number 1 written by and published by . This book was released on 2015 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This study explores dynamics related to natural gas use at the national, sectoral, and regional levels, with an emphasis on the power sector. It relies on a data set from SNL Financial to analyze recent trends in the U.S. power sector at the regional level. The research aims to provide decision and policy makers with objective and credible information, data, and analysis that informs their discussions of a rapidly changing energy system landscape. This study also summarizes regional changes in natural gas demand within the power sector. The transition from coal to natural gas is occurring rapidly along the entire eastern portion of the country, but is relatively stagnant in the central and western regions. This uneven shift is occurring due to differences in fuel price costs, renewable energy targets, infrastructure constraints, historical approach to regulation, and other factors across states.

Review of Sector and Regional Trends in U.S. Electricity Markets. Focus on Natural Gas. Natural Gas and the Evolving U.S. Power Sector Monograph Series. Number 1 of 3

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ISBN 13 :
Total Pages : 56 pages
Book Rating : 4.:/5 (94 download)

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Book Synopsis Review of Sector and Regional Trends in U.S. Electricity Markets. Focus on Natural Gas. Natural Gas and the Evolving U.S. Power Sector Monograph Series. Number 1 of 3 by :

Download or read book Review of Sector and Regional Trends in U.S. Electricity Markets. Focus on Natural Gas. Natural Gas and the Evolving U.S. Power Sector Monograph Series. Number 1 of 3 written by and published by . This book was released on 2015 with total page 56 pages. Available in PDF, EPUB and Kindle. Book excerpt: This study explores dynamics related to natural gas use at the national, sectoral, and regional levels, with an emphasis on the power sector. It relies on a data set from SNL Financial to analyze recent trends in the U.S. power sector at the regional level. The research aims to provide decision and policy makers with objective and credible information, data, and analysis that informs their discussions of a rapidly changing energy system landscape. This study also summarizes regional changes in natural gas demand within the power sector. The transition from coal to natural gas is occurring rapidly along the entire eastern portion of the country, but is relatively stagnant in the central and western regions. This uneven shift is occurring due to differences in fuel price costs, renewable energy targets, infrastructure constraints, historical approach to regulation, and other factors across states.

Carbon Capture and Storage

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Publisher : Bloomsbury Publishing
ISBN 13 : 1509909605
Total Pages : 396 pages
Book Rating : 4.5/5 (99 download)

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Book Synopsis Carbon Capture and Storage by : Ian Havercroft

Download or read book Carbon Capture and Storage written by Ian Havercroft and published by Bloomsbury Publishing. This book was released on 2018-02-08 with total page 396 pages. Available in PDF, EPUB and Kindle. Book excerpt: Carbon Capture and Storage (CCS) is increasingly viewed as one of the most significant ways of dealing with greenhouse gas emissions. Critical to realising its potential will be the design of effective legal regimes at national and international level that can handle the challenges raised but without stifling a new technology of potential great public benefit. These include: long-term liability for storage; regulation of transport; the treatment of stored carbon under emissions trading regimes; issues of property ownership; and, increasingly, the sensitivities of handling the public engagement and perception. Following its publication in 2011, Carbon Capture and Storage quickly became required reading for all those interested in, or engaged by, the need to implement regulatory approaches to CCS. The intervening years have seen significant developments globally. Earlier legislative models are now in force, providing important lessons for future legal design. Despite these developments, the growth of the technology has been slower in some jurisdictions than others. This timely new edition will update and critically assess these updates and provide context for the development of CCS in 2018 and beyond.

Natural Gas in the U.S. Southeast Power Sector Under Deep Decarbonization

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ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (135 download)

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Book Synopsis Natural Gas in the U.S. Southeast Power Sector Under Deep Decarbonization by : Aaron Schwartz

Download or read book Natural Gas in the U.S. Southeast Power Sector Under Deep Decarbonization written by Aaron Schwartz and published by . This book was released on 2022 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Natural Gas in the U. S. Economy: Opportunities for Growth

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Publisher : Createspace Independent Pub
ISBN 13 : 9781481063876
Total Pages : 38 pages
Book Rating : 4.0/5 (638 download)

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Book Synopsis Natural Gas in the U. S. Economy: Opportunities for Growth by : Robert Pirog

Download or read book Natural Gas in the U. S. Economy: Opportunities for Growth written by Robert Pirog and published by Createspace Independent Pub. This book was released on 2012-11-21 with total page 38 pages. Available in PDF, EPUB and Kindle. Book excerpt: Due to the growth in natural gas production, primarily from shale gas, the United States is benefitting from some of the lowest prices for natural gas in the world and faces the question of how to best use this resource. Different segments of the U.S. economy have different perspectives on the role natural gas can play. Suppliers, which have become the victims of their own production success, are facing low prices that are forecast to remain low. Some companies that have traditionally produced only natural gas have even turned their attention to oil in order to improve their financial situation. Smaller companies are having a difficult time continuing operations and larger companies, including international companies, have bought into many shale gas assets. Prices have remained low even as consumption has increased, in part, because producers have raised production to meet the demand and because companies have improved efficiency and extraction techniques. Some companies, many with large production operations, have applied for permits to export natural gas. This has raised concerns from consumers of natural gas that domestic prices will rise. The debate regarding exports is ongoing. Industries that consume natural gas have seen input costs drop, and some have heralded low natural gas prices as the impetus for a manufacturing revolution in the United States. Some companies have begun to make major investments to take advantage of the low natural gas prices, particularly in petrochemicals. Other companies are waiting to see if prices will remain low long enough to warrant major investments in new facilities. Meanwhile, the electric power sector has already seen a transition from coal-fired generation to natural gas. Low natural gas prices are also putting pressure on renewable sources of power generation. However, increases in demand will put upward pressure on natural gas prices. The transportation sector, the one part of the economy vulnerable to foreign energy supplies, is beginning to explore ways to use more natural gas. Transportation makes up less than 1% of U.S. natural gas consumption and would require billions of dollars in investment to increase that share significantly. All of the change that has taken place so far has occurred despite environmental concerns and regulatory developments at the state and federal level that might curtail production. Natural gas is a fossil fuel that produces various pollutants, some more than other fossil fuels and some less. Methane, the major component of natural gas, is also a potent greenhouse gas when released without burning. Other environmental concerns focus on water use and disposal in hydraulic fracturing to extract natural gas from shale formations. Over the next five years, many of the issues being debated now may be decided. The industry and market are adapting to the newly found supplies and the concerns associated with them, as well as integrating more natural gas into the economy. There are many evolving issues some of which Congress can influence directly because of statutes and some indirectly. On the demand side, legislation has been introduced regarding exports of liquefied natural gas and alternative fuels for vehicles. There has been other legislation related to environmental regulations of natural gas.

Natural Gas in the Electricity Sector

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Publisher : Nova Science Publishers
ISBN 13 : 9781626186217
Total Pages : 0 pages
Book Rating : 4.1/5 (862 download)

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Book Synopsis Natural Gas in the Electricity Sector by : Timothy B. Wright

Download or read book Natural Gas in the Electricity Sector written by Timothy B. Wright and published by Nova Science Publishers. This book was released on 2013 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book addresses several aspects of the changing context of natural gas in the U.S. electric power sector. Increasingly plentiful and affordable natural gas has catalysed major changes in U.S. power generation and has helped to boost U.S. economic recovery. Increased substitution of natural gas for coal in power generation has also cut U.S. GHG emissions. However, processes to produce natural gas, shale gas in particular, have also elevated environmental and safety concerns in certain regions of the country. The rapid rise of natural gas is also beginning to drive more thought on longer-term energy policy issues such as the appropriate level of generation diversity (given the history of volatile prices for natural gas), and trajectories of natural gas use that will still allow GHG mitigation sufficient to address the climate challenge. This book is intended to help inform these energy policy and investment discussions, and outlines the current dynamics of natural gas in the power sector and the selected challenges and opportunities in the use of natural gas to generate electricity.

Natural Gas in the Electricity Sector

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Publisher :
ISBN 13 : 9781626186231
Total Pages : 320 pages
Book Rating : 4.1/5 (862 download)

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Book Synopsis Natural Gas in the Electricity Sector by : Timothy B. Wright

Download or read book Natural Gas in the Electricity Sector written by Timothy B. Wright and published by . This book was released on 2013 with total page 320 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book addresses several aspects of the changing context of natural gas in the U.S. electric power sector. Increasingly plentiful and affordable natural gas has catalyzed major changes in U.S. power generation and has helped to boost U.S. economic recovery. Increased substitution of natural gas for coal in power generation has also cut U.S. GHG emissions. However, processes to produce natural gas, shale gas in particular, have also elevated environmental and safety concerns in certain regions of the country. The rapid rise of natural gas is also beginning to drive more thought on longer-term energy policy issues such as the appropriate level of generation diversity (given the history of volatile prices for natural gas), and trajectories of natural gas use that will still allow GHG mitigation sufficient to address the climate challenge. This book is intended to help inform these energy policy and investment discussions, and outlines the current dynamics of natural gas in the power sector and the selected challenges and opportunities in the use of natural gas to generate electricity.

The Natural Gas Sector

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Publisher :
ISBN 13 : 9781634855297
Total Pages : 100 pages
Book Rating : 4.8/5 (552 download)

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Book Synopsis The Natural Gas Sector by : Arnold Reed

Download or read book The Natural Gas Sector written by Arnold Reed and published by . This book was released on 2016 with total page 100 pages. Available in PDF, EPUB and Kindle. Book excerpt: Recent expansion in natural gas production has made the resource an increasingly significant component in the U.S. energy market. Further, a number of policies recently proposed and/or promulgated at the federal, state, and local levels may serve to accelerate this development. Examples of federal policies include U.S. Environmental Protection Agency air standards for power plants and vehicles, as well as bills introduced in the 114th Congress to promote increased natural gas production on federal lands, amend provisions in the tax code to incentivize natural gas production and use, and streamline the approval, permitting, and/or construction of natural gas infrastructure. Many of these proposals promote technology and infrastructure investments that could be significant and long lasting. For this reason, some stakeholders recommend a thorough analysis of the costs and benefits of these proposals as well as a full assessment of the economic and environmental impacts of increased natural gas development. Fuel-switching strategies from other fossil fuels to natural gas have the potential to impact many segments of the general economy, including jobs, investments, infrastructure, national security, human health, safety, and the environment. The net climate impact of replacing other fossil fuels with natural gas depends upon a number of analytic assumptions, including the choice of fuel, end-use sector, equipment, and processes modeled. This book presents a comparative analysis of the potential climate implications of switching from coal to natural gas in the domestic electric power generating sector. Furthermore, this book provides information on the natural gas industry and the types and sources of air pollutants in the sector. It examines the role of the federal government in regulating these emissions, including the provisions in the Clean Air Act and EPA's regulatory activities. It concludes with a brief discussion of the aforementioned outstanding issues.

Realizing the Potential of U.S. Unconventional Natural Gas

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Publisher : Center for Strategic & International Studies
ISBN 13 : 144222472X
Total Pages : 66 pages
Book Rating : 4.4/5 (422 download)

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Book Synopsis Realizing the Potential of U.S. Unconventional Natural Gas by : Sarah O. Ladislaw

Download or read book Realizing the Potential of U.S. Unconventional Natural Gas written by Sarah O. Ladislaw and published by Center for Strategic & International Studies. This book was released on 2013-05-03 with total page 66 pages. Available in PDF, EPUB and Kindle. Book excerpt: The ability to access and economically develop vast amounts of America’s unconventional natural gas resources, especially large shale gas formations, has altered our national view on energy and has subsequently changed the discourse at the federal, state, and local levels. Since 2008, when the economic viability of shale gas resources first became widely recognized, policymakers and industry leaders have worked to better understand the nature of this resource; the risks and opportunities associated with its production, transport, and use; and the potential strategic implications of the United States’ new energy reality. The paradox of the U.S. unconventional gas story is that the technologies and industry practices that made it possible have been decades in the making; the public policy and commercial landscape is vastly different from just a few years ago; and the story of this remarkable resource development is still in its infancy. In an attempt to capture the current state of play with respect to resource development, operational practices, risk identification and mitigation, impacts assessment and identify strategies that allow this valuable resource to be prudently developed, the CSIS Energy and National Security Program undertook this Unconventional Gas Initiative. Over the course of the past year, the authors were able—in concert with industry and nongovernmental organization (NGO) supporters—to work with a wide array of regulators, policymakers, environmental, industry and financial groups, academics and community stakeholders to capture the latest understanding of the unconventional gas development picture and develop themes and findings in the hope of facilitating an informed discussion on a path forward.

Natural Gas

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Publisher :
ISBN 13 :
Total Pages : 148 pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis Natural Gas by : United States. Congress. Senate. Committee on Energy and Natural Resources

Download or read book Natural Gas written by United States. Congress. Senate. Committee on Energy and Natural Resources and published by . This book was released on 2010 with total page 148 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Global Natural Gas

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Publisher : DIANE Publishing
ISBN 13 : 1437980058
Total Pages : 23 pages
Book Rating : 4.4/5 (379 download)

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Book Synopsis Global Natural Gas by : Michael Ratner

Download or read book Global Natural Gas written by Michael Ratner and published by DIANE Publishing. This book was released on 2011-05 with total page 23 pages. Available in PDF, EPUB and Kindle. Book excerpt: The role of natural gas in the U.S. economy is expected to be a major part of the debate over energy policy in the 112th Congress. This report briefly explains key aspects of global natural gas markets, including supply and demand, as well as major U.S. developments. Contents: (1) Introduction; (2) Natural Gas Consumption: Key Global Consumers; (3) Natural Gas Supply and Trade: Natural Gas Reserves Growing; Global Natural Gas Market Becoming More Integrated; Natural Gas Exporting Countries Forum Still Ineffective; Production Widespread; Natural Gas Prices Remain Low; (4) Major Statutes; (5) Looking Forward. Charts and tables. This is a print on demand edition of an important, hard-to-find report.

Robust Decarbonization of the US Power Sector

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ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (124 download)

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Book Synopsis Robust Decarbonization of the US Power Sector by : James H. Stock

Download or read book Robust Decarbonization of the US Power Sector written by James H. Stock and published by . This book was released on 2021 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: To reliably achieve deep decarbonization of the US power sector, a candidate policy must perform robustly across a range of possible future trajectories of demand, fossil fuel prices, and prices of new wind and solar capacity. Using a modified version of the NREL ReEDS model with scenarios that span different trajectories of demand, fuel prices, and technology costs, we find that some recently proposed policies can robustly achieve 80% decarbonization (relative to 2005 emissions) or more by 2035, but many do not. The two robustly successful policies are a tradeable performance standard (TPS) and a hybrid Clean Electricity Standard (CES) with a 100% clean target, partial crediting of gas generation, and a $40/mton CO2 alternative compliance payment (ACP) backstop. Both are nearly as cost effective as the emissions-equivalent efficient policy. A $40 carbon tax nearly achieves the robust 80% threshold and, in most scenarios, drives deep decarbonization. A 90% CES (without partial crediting) fails to achieve robust 2035 decarbonization because it need not drive coal out of the system. Simply extending renewable energy tax credits, which are set to expire, does not drive significant decarbonization in most scenarios, nor does relying on increased ambition in green-leaning states.

Developing America's Unconventional Gas Resources

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Publisher : CSIS
ISBN 13 : 0892066156
Total Pages : 30 pages
Book Rating : 4.8/5 (92 download)

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Book Synopsis Developing America's Unconventional Gas Resources by : Frank A. Verrastro

Download or read book Developing America's Unconventional Gas Resources written by Frank A. Verrastro and published by CSIS. This book was released on 2010-12-13 with total page 30 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Natural Gas

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Publisher : John Wiley & Sons
ISBN 13 : 150954285X
Total Pages : 122 pages
Book Rating : 4.5/5 (95 download)

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Book Synopsis Natural Gas by : Michael J. Bradshaw

Download or read book Natural Gas written by Michael J. Bradshaw and published by John Wiley & Sons. This book was released on 2020-04-23 with total page 122 pages. Available in PDF, EPUB and Kindle. Book excerpt: Is natural gas the ‘bridge’ to our low-carbon future? In power generation, industrial processes, parts of the transportation sector, and for domestic use, natural gas still has the potential to play a greater role in various energy transition pathways around the world. But such a future is by no means certain. In this book, Michael Bradshaw and Tim Boersma offer a sober and balanced assessment of the place of natural gas in the global energy mix today, and the uncertainties that cloud our understanding of what that role may look like in the future. They argue that natural gas has become prominent in recent decades, spurred by two revolutions: the first has been the rise of unconventional natural gas production, and the second the coming of age of the market for liquefied natural gas (LNG). However, a third revolution is required to secure natural gas’ long-term role in various energy transition pathways, as countries are increasingly pushing to address air quality concerns and curtail greenhouse gas emissions. This revolution has to take place as politicians, citizens, investors and shareholders are becoming increasingly vocal about the need to improve the environmental footprint of the fuel, while simultaneously, and perhaps paradoxically, demand for it continues to grow, in a world where geopolitical challenges seem to be mounting.

An Analysis of the Natural Gas Policy Act and Several Alternatives

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ISBN 13 :
Total Pages : 168 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis An Analysis of the Natural Gas Policy Act and Several Alternatives by :

Download or read book An Analysis of the Natural Gas Policy Act and Several Alternatives written by and published by . This book was released on 1981 with total page 168 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Cold, Hungry and in the Dark

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Publisher : New Society Publishers
ISBN 13 : 0865717435
Total Pages : 339 pages
Book Rating : 4.8/5 (657 download)

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Book Synopsis Cold, Hungry and in the Dark by : Bill Powers

Download or read book Cold, Hungry and in the Dark written by Bill Powers and published by New Society Publishers. This book was released on 2013-07-02 with total page 339 pages. Available in PDF, EPUB and Kindle. Book excerpt: Examines the natural gas industry, arguing that the declining productivity and increasing demand will trigger a crisis that will cause prices to rise and more damage to the economy.