Regulatory changes and steady growth in U.S. natural gasconsumption will trigger a 21% increase in storage capacity overthe next 15 years, according to a new study of gas storage by theGas Research Institute.
Bounds
Articles from Bounds
Nascent Power Marketing Growing in Bounds
Volume growth in the power marketing business dwarfed that ofgas with some marketers posting year-to-year increases of more than1,000% with gains of more than 100% not unusual. Total salesvolumes for the year for the top-20 gas marketers rose 17%, or 17Bcf/d, whereas for the power marketers volumes soared 103%, or935.81 million MWh, to 1,841.44 million MWh. Such leaps are notsurprising considering power marketing is a less mature businessthan gas and targets a much larger market.
February 8, 1999
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