Natural Gas Storage, Pipelines Said Pressing Needs in Mexico as Energy Demand Grows
Mexico’s power demand is growing faster than forecast, and its infrastructure is falling behind, according to analysts at Fitch Ratings.
Mexico’s power demand is growing faster than forecast, and its infrastructure is falling behind, according to analysts at Fitch Ratings.
U.S. natural gas-fired power generation has gotten a demand boost from coal retirements over the past year, but those tailwinds are set to fade in the coming months as a wave of new renewables competes for share of the power stack.
The European Union’s (EU) efforts to limit its dependence on Russian energy supplies have led to steep drops in natural gas consumption, helped to diversify suppliers and accelerated the transition to clean energy, according to a review of the initiatives.
Mega-tech operators are in pursuit of land and power generation to supply the stampede of data center facilities set to be built across the United States, which may translate into higher natural gas consumption.
The European Union (EU) this week adopted new market rules for natural gas and hydrogen that allow member countries to essentially ban the import of Russian LNG.
Australia’s government has included initiatives for substantial natural gas development with the launch of its Future Gas Strategy plan intended to help the country transition to cleaner energy by 2050.
Dallas-based EnLink Midstream LLC, whose natural gas transport options extend from the Permian Basin to Louisiana, is looking to the “longer-term setup” for incremental demand growth, including the potential to power artificial intelligence (AI) data center growth, CEO Jesse Arenivas said.
The Biden administration has finalized rules to slash 90% of emissions from new natural gas-fired power plants, designed in part to encourage the use of more carbon capture and sequestration (CCS).
TotalEnergies SE has inked an agreement with BlackRock Inc.-backed Vanguard Renewables to advance nearly a dozen U.S. renewable natural gas (RNG) projects over the next year with total annual production capacity of 2.5 Bcf.
Natural gas end users are increasingly focused on sustainability and have shown a keen interest in the availability of low carbon fuel options. Still, the question often arises – are they willing to pay a premium?