The federal government is investing $7 billion in seven clean hydrogen hubs across the country.
Experts warn that, without strict rules on the use of renewable energy, hydrogen plants could actually drive up overall emissions.
Read more @YaleE360: https://t.co/K6900FKqoP
Chicago heating bills could double over the next 15 years if state regulators allow Peoples Gas to move forward with its long-maligned pipeline replacement program. https://t.co/1PSLFzwQ3U
What does the future hold for gas utilities? See our new deep dive into Peoples Gas of Chicago, one of America’s oldest gas utilities. Upshot? The longstanding gas utility business model is no longer financially sustainable.
https://t.co/6y2rIAPwXv
Gas networks fees in Germany are on the rise.
This is because
a) fewer and fewer people use the gas network and
b) gas network assets are now depreciated faster to avoid stranded assets and costs later down the line as Germany approaches its 2045 net zero target.
Those who installed a new gas boiler following the advice from some commentators now find themselves with rising heating costs.
https://t.co/6FZxAcu8IJ
European gas demand in 2024 (if it continues it's current y-o-y trend for the next few months), will be the lowest since 1984 🤯
During which time, coal use has also collapsed.
Wow...
What will it take for National Grid to actually "turn the tide" and begin a managed decline of the gas system? Excellent investigative reporting by @MariRebuaSimoes
Happy Monday. If you are a National Grid customer in NYC your bill is about to go up to pay for $5 billion in expansion projects. Check out how much its expected to increase and why:
https://t.co/1KuUT86hwq
.xiaowang1984 is raising concerns about this op-ed I wrote over various threads. For sanity, I’ll clarify that the op-ed argue for the Legislature to embrace prudent management of the gas system and mechanisms to make heat pumps more affordable. 1/
MA just received $450M to help accelerate the adoption of heat pumps. In our Op-Ed, @michaeljaywalsh and I urge the MA legislature to build on this win by passing provisions this session that lay the groundwork for smart heat pump deployment + equitable rate design.
In an Op-Ed in the @BostonGlobe today, @dk_seav and I review challenges facing utility natural gas and argue that a coordinated effort to deploy heat pumps at the neighborhood scale, backed by smart rate design is the pathway to heating affordability.
https://t.co/EzmBiT007r
Europe needs to decommission gas infrastructure as demand plummets - Gas consumption in the EU is set to decline by more than 70 percent through mid-century. A new paper argues that governments need to minimise investment in gas infrastructure and plan for decommissioning.
new: Gas utilities are partnering with affordable housing non-profits Habitat for Humanity in a "cynical” attempt to stop anti-gas policies.
They say the projects are a way to "give back."
But internal communications I reviewed tell a different story.
https://t.co/PiC4UNMtUo
The gas industry is swimming against the tide of electrification and meaningful decarbonization. Policymakers must intervene to abate emissions and enable the transition off gas. 3/3
And another new report, Leaked & Combusted: a landscape analysis of the urgent problem of downstream methane emissions released by @HEET_MA 1/3
https://t.co/oCXuCjgYDw
Standout finding: The gas distribution industry is on track to committing its ratepayers to $1.4 trillion in required payback for capex spending through 2050. 2/3
Further investment in the gas system must be curtailed and Illinois needs to initiate a strategic, managed approach to phasing out utility gas in favor of clean energy sources. 2/2
See our new report on the future of gas in Illinois. The top 4 investor-owned utilities are on track to spend $100B in capex by 2050, dramatically increasing customer delivery charges and raising stranded asset risk sixfold to $83B. https://t.co/QPjDTqd402 1/2