KM Launches New Clean Venture

KM Launches New Clean Venture

Not quite nine months ago only a handful of midstream operators dipped their collective toe in the renewables waters by adding solar and wind to power operations. A low-carbon future and its writing on the wall already had spurred actions and investments by Big Oil and a few larger independents to include renewable strategies and carbon capture in their infrastructure. Some pipeline operators also responded by implementing (operative word here) renewables where they made sense in sunny or windy locales. Pipeline giant Kinder Morgan, however, has a bigger plan for its adaption to the energy transition. Reese Energy Consulting today is following the latest news from Houston-based KM that not only looks to implement a full array of clean-fuel options into its midstream operations but commercialize them. The company’s newly formed Energy Transitions Ventures group will pursue and develop a combo platter of alt-energies and new tech to include carbon capture and sequestration, hydrogen, renewable natural gas, renewable power generation, renewable diesel production, and electric transmission.

 

Kinder Morgan

Kinder Morgan, Inc. is one of the largest energy infrastructure companies in North America. The company specializes in owning and controlling oil and gas pipelines and terminals. Kinder Morgan owns an interest in or operates approximately 85,000 miles of pipelines and 152 terminals.

www.kindermorgan.com

What do you think? Learn more about REC and our energy services at www.ReeseEnergyConsulting.com.

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‘We’ll Take Natural Gas for $500, Alex’

‘We’ll Take Natural Gas for $500, Alex’

Following last week’s Texas debacle, common sense suggests that every form of energy—fossil fuels, nuclear, and renewables—are, and will be, critical to fuel the world in the foreseeable future. Not one, not two, but all the above at work to power and heat homes and industries, avoid catastrophic outage events, and still reduce emissions. Reese Energy Consulting today is studying the latest news from the IEA that sets out the huge role natural gas will continue to play as both a primary and transitional fuel well into 2050. According to the report, U.S. gas consumption by the industrial sector alone will increase by 3.6 TCF—or 35%–between 2020 and 2050 and account for more than 75% of the 4.6 TCF growth in production. Our fast-growing chemicals industry will consume a mighty chunk of that gas for use as feedstock with the power sector following close behind. The IEA also expects natural gas to pick up more steam beyond 2040 as the dominant fuel for heavy-duty vehicles, freight rail, and LNG production.

What do you think? Learn more about Reese Energy Consulting and our range of natural gas services and decades-long expertise at www.ReeseEnergyConsulting.com.

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Don’t Know What You’ve Got ‘Til It’s Gone

Don’t Know What You’ve Got ‘Til It’s Gone

Combine historic cold temps with heavy blankets of ice, sleet, and snow. Then ask a midstream operator in Okla., or Texas if they’re busy these days. Reese Energy Consulting is following the latest news as we can keep up with on the winter apocalypse that’s hanging on like an in-law who doesn’t know it’s time to go home. By now you’ve either heard, or experienced firsthand, the havoc an unprecedented Arctic storm can wreak on critical energy infrastructure. REC clients report shutting wells, freezing or frozen pipelines. and paralyzed processing plants while trying to dispatch every available natural gas molecule from storage facilities to overworked utilities. A 40+% reliance on renewable energy at power plants couldn’t pass the smell test as wind turbines froze in Texas and Okla. More than 4.2 million outages were reported across Texas this morning all the way south to Galveston coupled with rolling blackouts in both states. As a result of all this meteorological madness, Monday’s spot price of electricity in Texas shot up 10,000% from $50 to $9,000 per megawatt and natural gas prices are singing opera.

What do you think? Learn more about REC at www.ReeseEnergyConsulting.com.​

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