The amount of new gas-fired power generation planned for the next two years reveals the rather alarming possibility that an additional 10 Bcf/d of gas demand could be added to the gas market before the end of 2002 from power demand alone, according to a report by Raymond James & Associates.
Articles from Alarming
The amount of new gas-fired power generation planned for thenext two years reveals the rather alarming possibility that anadditional 10 Bcf/d of gas demand could be added to the gas marketbefore the end of 2002 from power demand alone, according to areport by Raymond James & Associates.
The natural gas storage deficit compared to last year continuesto grow at an alarming rate, prompting Salomon Smith Barney (SSB)to warn yesterday of potential gas shortages by the end of thewinter heating season.
With energy prices rising at an alarming rate, there’s no bettertime than the present to launch expansion projects for gas pipelineinfrastructure. Maritimes & Northeast Pipeline and AlgonquinGas Transmission did just that last week, filing applications withthe Federal Energy Regulatory Commission to build related pipelineextensions designed to bring Sable Island gas to the greater Bostonarea, including a couple new power plants.
With power projects cropping up faster than spring dandelions,an alarming disconnect has occurred between generation andtransmission in several regions of the U.S., according to PaulParshley, director of North American Electric Power for CambridgeEnergy Research Associates.