Depend

Unless the price of natural gas falls sharply, New England likely will depend heavily on it as the main fuel for electricity production for the next 20 years, according to an analysis issued on Thursday by ISO New England.

Stating that the local distribution company (LDC) story from the buyer’s perspective is one of “growth and more growth,” Nick Stavropoulos, president of KeySpan Energy Delivery New England, said that at the end of the day, LDCs will “remain the key link” to the natural gas customer, ensuring reliable gas service.

Continuing to maintain an ample supply of natural gas in the United States going forward will depend on large, new domestic and imported supply projects, according to the Energy Information Administration (EIA), which last week released the reference case forecast from its “Annual Energy Outlook 2003” (AEO2003). The forecast noted that gas demand in the country is projected to grow 54% by 2025.

Continuing to maintain an ample supply of natural gas in the United States going forward will depend on large, new domestic and imported supply projects, according to the Energy Information Administration (EIA), which released Wednesday the reference case forecast from its “Annual Energy Outlook 2003” (AEO2003). The forecast noted that gas demand in the country is projected to grow 54% by 2025.