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More Fossil Natural Gas Won’t Lower High Energy Bills

Union of Concerned Scientists

Today’s high energy prices are the result of recent events and long-term strategies. Reliance on fossil natural gas and the slow adoption of renewable energy contributed to electricity bills in New England in the first nine months of 2022 that are $5 billion higher than the prior year.

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Independent Fiscal Office Reports 4th Quarter 2022 Natural Gas Production Decreased 1.6%; Average Price Increased By 82.5% Compared To Last Year

PA Environment Daily

On March 2, the Independent Fiscal Office issued a report on fourth quarter 2022 natural gas production in Pennsylvania showing a 1.6% decline in production from 2021 and a 5.1% decrease from the fourth quarter of 2021. Although the IFO reported the average price of natural gas increased 82.5%

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The EIA Just Released a 30 Year Energy Outlook. It’s… Not Great

Union of Concerned Scientists

It’s widely viewed as the “gold standard” for energy projections, even though there’s much debate in the energy community about the validity of the assumptions behind these projections. We’re risking more impacts from climate change due to continued reliance on natural gas and oil.

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Senate Hearing On Electric Grid Reliability: Natural Gas Continues To Have Reliability Problems; Renewables Aren’t Coming Online Fast Enough; Energy Office To Be Proposed

PA Environment Daily

Key Takeaways Here are some key takeaways from the hearing-- -- Natural Gas Continues To Have A Reliability Problem: 70% of the PJM electric generation that failed to perform during the December freeze were natural gas-fired power plants. The Commission is continuing to work with PJM to evaluate the results of the storm.

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NRDC: PJM Interconnection Delays In Queue To Approve Renewable Energy Projects Threatens State Transition To Clean Energy; PJM Has Approved 35,000 MW Of Renewables

PA Environment Daily

Without changes to its queue processing pace, PJM will likely force states to fall short of state renewable targets, even after the reforms it approved last year.” As of September 2022, there were over 202 gigawatts (GW) of renewable energy resources waiting in the PJM queue, over 95% of the total queue. Read more here.]

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Senate Environmental Committee Holds May 1 Hearing On Electric Grid Reliability Looking At Natural Gas, Other Generation Failures During Winter Storm Elliot In December

PA Environment Daily

The Senate Environmental Resources and Energy Committee will hold its second hearing May 1 on electric grid reliability and the failure of natural gas and other generation to provide power when called on by PJM during Winter Storm Elliot in December. Read more here.

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U.S. EIA: Electric Generation From Renewables To Keep Rising Leading To A Decline In Natural Gas Generation; CO2 Emissions Keep Going Up

PA Environment Daily

Energy Information Administration released its latest Short-Term Energy Outlook which projects solar and wind renewable energy’s share of electricity generation will keep rising and lead to a decline in natural gas generation. ‘We electric power sector added 14 gigawatts (GW) of new wind capacity in 2021.