Saturday, 19 April 2014

LNG

Texas Economy Set To Benefit From Natural Gas Boom

Texas is poised to benefit immensely from the natural gas boom as a dredging process is currently under way which will see bigger ships docking in the Port of Houston. Demands for LNG in the U.S is relatively low and so drilling companies are seeking to convert the excess commodity into much needed income by exporting it. However, for this to happen, companies will have to receive permits from the Department of Energy.

Former import terminals are now being converted into export terminals in expectation of the permits for exporting the commodity on a wide scale. So far only five companies have received permits to export LNG. The granting of permits can take years and there are many more companies on the waiting list for approval. This means that the country is losing out on potential earnings during the lengthy approval process.

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January 2014

Wednesday, 22 January 2014

Solar Panels

Austin Energy Has Problems With Solar Credits

The city of Austin has run into a bit of a problem with their solar energy rebate program. Austin Energy was required, through a tariff, to zero out all of the energy credits that were given last year. This means that about 300 customers without their credits for producing more solar energy than they used.

Now that the customers are upset about the loss of their credits, Austin Energy is hoping to win back the trust of customers by offering them rolling credits that they can build up throughout the year. While these credits do not give back the credits that the customers lost, Austin Energy is hoping that rolling credits will make customers happy enough to stick with the program.

The production of solar energy will continue while the company will give solar owners credit that can roll on and on for months and even years. This change in the program may make some upset, but at least Austin Energy is working with solar users as fairly as possible.

Solar energy could be at a turning point in Texas, where adoption of solar power has been slow compared to wind energy.  In deregulated parts of the state like Dallas and Houston, providers such as Green Mountain energy are beginning to offer solar only electricity plans that allow consumers to use pure solar energy without putting panels on their rooftops.

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