POV: Power Breakfast

Power Breakfast for Feb. 6, 2015

Natural gas prices ignore cold; Senator paints grim picture of U.S. without nuclear power; Sustainable energy investment growing at higher rate


POV: Power Breakfast

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

  • Natural gas prices hit a two-year low Thursday, despite freezing weather gripping much of the northeastern U.S. The Wall Street Journal reports investors believe abundant supplies and strong production are enough to withstand the increased demand, and that lower prices should spur more demand, especially from industrial users, which would spark a rebound in the market.
  • In an energy policy speech Thursday, Sen. Lamar Alexander (R-Tenn.), chairman of the Senate Appropriations Subcommittee on Energy and Water Development, called for a year-long examination of “the need for second relicensing of existing nuclear plants that provide more than 60 percent of America’s carbon-free electricity; the ability to build new plants; and the need to implement a viable used nuclear fuel management program,” the Nuclear Energy Institute says.
  • U.S. investment in sustainable energy continues to increase as prices continue to fall, Fierce Energy reports on the annual Sustainable Energy in America Factbook. The report also notes since 2007, “U.S. carbon emissions from the energy sector dropped 9 percent, U.S. natural gas production rose 25 percent and total U.S. investment in clean energy (renewables and advanced grid, storage and electrified transport technologies) reached $386 billion.”

 

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