natural gas

After spending $40,000 to electrify her Boulder home, which included installing heat pumps, K.K. DuVivier was ready to disconnect from natural gas and have her meter turned off. Then she got the bill to flip the switch: $5,333. The bill marked due Dec. 12 arrived after what DuVivier described as frustrating rounds of calls and emails as she tried to stop the gas service she no longer needs from Xcel Energy. The bill didn’t say why she owed more than $5,000. When she contacted Xcel again, DuVivier got an email saying the…

With the temperatures dropping, the natural gas bills for Xcel Energy-Colorado customers could increase. Xcel said Friday that increased wholesale natural gas prices might last a few days as freezing weather across most of the country affects natural gas production and demand. High temperatures in metro Denver are forecast for the low teens and single digits through Monday. Lows are predicted to drop to zero or below. Xcel Energy passes on increases in wholesale prices directly to customers. The company said in a…

The U.S. has become the world’s top exporter of liquefied natural gas. President Biden is finding that this superpower status comes with its own set of headaches. In the past two years, hundreds of cargoes loaded with supercooled gas departed the U.S. Gulf Coast as foreign buyers turned to America for energy supplies. Developers of export terminals have seized the momentum to advance plans to build new plants and crank out even more LNG.Copyright ©2024Dow Jones & Company, Inc. All Rights Reserved.…

Chesapeake Energy and Southwestern Energy have agreed to merge in an all stock-transaction valued at $7.4 billion that is aimed at creating a premier natural gas company.The companies on Thursday said the value is based on Chesapeake’s closing price as of Wednesday.Copyright ©2024 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8 Chesapeake Energy and Southwestern Energyhave agreed to merge in an all stock-transaction valued at $7.4 billion that is aimed at creating a premier natural…

CLIMATEWIRE | The power sector is key to U.S. efforts to cut planet-warming pollution this decade.Technologies for generating wind and solar energy are expected to green the economy faster than electric cars and heat pumps, according to deep decarbonization studies. That was evident in 2023 as large solar projects catapulted toward levels never seen before in the U.S.But there were also indications that the transition to clean energy had not gone as smoothly as some analysts predicted. Wind projects stumbled, for…

Updated Jan. 8, 2024 5:44 am ETShell said its fourth-quarter earnings took a hit of between $2.5 billion and $4.5 billion in impairments that were offset by significantly higher gas trading, while its overall production volumes are on track to meet targets.The London-based energy giant said Monday that the impairments were primarily driven by macro developments as well as portfolio choices, including its Singapore chemicals and products assets, which it has been trying to sell.Copyright ©2024Dow Jones & Company, Inc.…

A committee of Pueblo community members has recommended that Xcel Energy-Colorado replace a coal plant, beset by longstanding mechanical and operational problems, with modular nuclear units or a gas plant that would capture the carbon dioxide emissions. However, a report released Friday by the Pueblo Innovative Energy Solutions Advisory Committee made clear that the group’s top choice is what it calls advanced nuclear technology. A nuclear facility will create more jobs and tax revenue for local governments, the report…

State regulators have rejected Xcel Energy-Colorado’s proposed electric resource plan in favor of a less costly one, cutting about $3 billion from the overall price tag. But environmental groups are criticizing the decision because it would reduce the level of renewable energy sources planned by the utility and add more new natural gas generation. The Colorado Public Utilities Commission endorsed the alternative proposal during a meeting last week. The PUC will continue deliberations this week on the rest of Xcel’s plan,…

Our planet is changing. So is our journalism. This weekly newsletter is part of a CBC News initiative entitled "Our Changing Planet" to show and explain the effects of climate change. Keep up with the latest news on our Climate and Environment page.Sign up here to get this newsletter in your inbox every Thursday.This week: Christmas trees have the potential to spread unwanted critters What has 2 (or 3) wheels and helps reduce oil consumption? Here's why food waste is a major climate change issue Christmas trees…

CLIMATEWIRE | In Paris eight years ago, world leaders agreed to limit global warming to "well below" 2 degrees Celsius. Six years later, in Glasgow, Scotland, they pledged to phase out coal. And on Wednesday, negotiators patted themselves on the back for the first-ever deal to begin "transitioning away" from fossil fuels.If the past is prologue, it won’t prompt a significant shift in energy markets anytime soon.The deal — brokered at the U.N. climate summit, known as COP28 — comes as global emissions from fossil fuels …