Posted: September 1st, 2013 | Author: Rod Sherkin | Filed under: Energy, Gem, Natural Gas | Tags: energy, gas, natural gas, oil, shale gas, water | 1 Comment »
Unconventional treasure: Shale gas is trapped deep inside rock formations.
Shale gas is a new and abundant source of natural gas, trapped in rock formations. Oil companies have known about it for decades but always dismissed it because it was too expensive and difficult to extract.
In the past few years new technologies that pump water underground to fracture the rock and free the gas have been perfected. The breakthrough has opened a new frontier for the energy industry and turned long-held assumptions about the world’s dwindling supplies on their head.
via Shale gas blasts open world energy market on Propurchaser
Posted: September 13th, 2012 | Author: Pascal Blanc | Filed under: Energy, Natural Gas | Tags: europe, russia, shale gas | 1 Comment »
On September 7th 2012, the European Commission published three new studies on unconventional fossil fuels, in particular shale gas. The studies look at the potential effects of these fuels on energy markets , the potential climate impact of shale gas production , and the potential risks shale gas developments and associated hydraulic fracturing (“fracking”) may present to human health and the environment .
It had been hoped that the controversial fracking technique could allow Europe to match the US’s success in extracting natural gas from shale rocks. Now the European Commission says that, at best, Europe’s shale gas will only compensate for its slowing production of conventional gas. Europe will still have to import 60 per cent of its needs.
Read the rest of Shale gas: Europe would not reach energy self-sufficiency » » »
Posted: March 3rd, 2012 | Author: Rod Sherkin | Filed under: Energy, Natural Gas | Tags: natural gas | No Comments »
“The U.S. is the largest natural gas producer in the world. We now have one of the largest supplies in the world,” said Hersh. “Were the third largest oil producer. We’re the largest coal supplier. Were not a resource poor country.”
The rapid growth in natural gas production that has been reshaping North America’s energy landscape, has in a few short years turned the United States into a potential exporter of natural gas from a country on the cusp of becoming a major importer.
via How Natural Gas Is Changing the Global Energy Market – CNBC.
Posted: February 29th, 2012 | Author: Rod Sherkin | Filed under: Natural Gas, Transportation | Tags: natural gas, transportation | No Comments »
Using natural gas could cut fuel costs by more than $20,000 for a truck traveling a typical long-haul distance of 100,000 miles (161,000 kilometers) a year, according to JMP Securities LLC’s Shawn Severson. Shares in Clean Energy and Westport are up at least 30 percent since the end of last year.
“Natural gas is green in terms of the environment, but the real green is in the money,” said Severson, a San Francisco- based clean-technology analyst. “If you do not have this fuel in your fleet for whatever percentage is appropriate, you’re going to be at an economic disadvantage.”
Read the rest of Trucks Run on Natural Gas in Pickens Clean Energy Drive » » »
Posted: January 5th, 2012 | Author: Rod Sherkin | Filed under: CSR in purchasing, Greening the Supply Chain, Uncategorized | Tags: rare earth | No Comments »
Limited supplies of five rare-earth minerals pose a threat to increasing use of clean-energy technologies such as wind turbines and solar panels, a U.S. Energy Department report found.
The substances — dysprosium, terbium, europium, neodymium and yttrium — face potential shortages until 2015, according to the report, which reiterates concerns identified in a report a year ago.
Read the rest of Five Rare Earths Crucial for Clean Energy Seen in Short Supply » » »
Posted: December 2nd, 2010 | Author: Rod Sherkin | Filed under: Energy, Natural Gas | No Comments »
“Natural gas looks like it’s settled into a situation of structural oversupply,” said Antoine Halff, head of energy research at New York-based brokerage Newedge USA LLC. “The perception is that heating oil is a market subject to significant swings from being oversupplied or undersupplied.”
via Natural Gas Slump Boosts Heating Oil Trading: Energy Markets – Bloomberg.com.
Posted: September 16th, 2010 | Author: Rod Sherkin | Filed under: Energy, Energy, Natural Gas | No Comments »
Natural gas’s unprecedented share of U.S. power generation is likely to keep growing as the biggest price slide in a year and the prospect of stricter pollution rules erode the market for coal.
Electricity generated using natural gas will rise to 2.46 billion kilowatt-hours a day this year from 2005’s 1.874 billion, according to the Energy Department. Coal-powered electricity will average 5.10 billion kilowatt-hours a day, down from 2005’s 5.458 billion.
via Natural Gas Erodes Coal’s Share at Power Plants: Energy Markets – Bloomberg.com.
Posted: June 17th, 2010 | Author: Rod Sherkin | Filed under: Greening the Supply Chain | Tags: Greening the Supply Chain | No Comments »
You might find this interesting:
Against a backdrop of rising global concern about the environment and climate change, a McKinsey Quarterly survey finds that executives view climate change issues as important for their companies, seeing both opportunity and risk. The survey,1 which included respondents from a range of industries (some 40 percent of whom are evenly split between finance and manufacturing, with another 8 percent in energy, transport, or mining), finds that fully 60 percent of global executives view climate change as important to consider within their companies’ overall strategy. Further, nearly 70 percent see it as an important consideration for managing corporate reputation and brands, and over half say it’s important to account for climate change in such varied areas as product development, investment planning, and purchasing and supply management. About one-third of respondents say their companies places more emphasis on climate change than on most other global trends.
via How companies think about climate change – McKinsey Quarterly – Energy, Resources, Materials – Environment.
Posted: November 25th, 2013 | Author: Rod Sherkin | Filed under: Energy, Natural Gas, USA | Tags: energy, natural gas future, natural gas price, natural gas USA | No Comments »
Natural gas futures rose Monday, climbing for the fourth straight session, as traders bet that a powerful winter storm moving toward the East Coast, along with a recent cold spell, would boost demand for the heating fuel.
Natural gas for December delivery added 4.1 cents, or 1.1%, to $3.810 a million British thermal units on the New York Mercantile Exchange, earlier reaching their highest price since Oct. 16.
Read the rest of Natural gas futures up on cold weather forecast » » »
Posted: November 25th, 2013 | Author: Tom Bowers | Filed under: CSR in purchasing, Energy, Gem, Greening the Supply Chain, What's Happening in Our Profession | Tags: energy saving, storage | No Comments »
When considering the greening of any supply chain it is easy to ignore the impact of warehousing and distribution centres.
Transport miles are often shown to potential consumers, but what about the environmental cost of storage?
Understandably, the main focus in distribution centres is often the streamlining of the distribution process. This video of the Ocado distribution centre makes this optimisation geek very excited. But it is not difficult, and not necessarily expensive, to improve the green credentials of your warehousing. Read the rest of When Warehousing Goes Green » » »