Power Breakfast for March 24, 2014


A  nearly daily round-up of stories for your consideration:

  • Texans used 16 percent more natural gas to fuel vehicles in 2013, but 7 percent less electricity was generated from gas in the year, according to Fuel Fix’s report on new federal data. From the article:

    “That reversed a trend seen in recent years as utilities shifted from coal-fired to natural gas-fired power plants to take advantage of low-cost natural gas, with its price in the Untied States plunging below $2 per million British thermal units. But natural gas prices rebounded in 2013, rising to about $4.23 per million British thermal units by December, making it less competitive against coal.”

  • Pennsylvania lawmakers say the free market for electricity hasn’t worked in that state and have introduced legislation to put caps on variable rate products, Energy Choice Matters reports.
  • China will cut its coal use to 65 percent of its electricity generation by the end of 2014 instead of by 2017, and aims to generate 15 percent of its electricity from green energy by 2020, Forbes reports. Still, the country consumes as much coal as the rest of the world combined, leaving experts to debate whether the U.S. should send its advanced coal technologies, cleaner shale gas and/or hydraulic fracturing technologies to Asia.
More Pov

 

TCEH Corp., Parent Company for Luminant and TXU Energy, Emerges from Chapter 11 as a Competitive, Well-Capitalized Company






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Job One Profiles: Razen Thomas






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A Soaring Success






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