Mid-Atlantic power generators last Thursday opposed a suggestion that generators be mandated to commit to firm pipeline capacity to ensure reliable delivery of natural gas and the expansion of pipe infrastructure to serve them. At the fifth and final technical conference on the coordination of natural gas and power markets, some generators also said they viewed shale gas as a doubled-edged sword for the Mid-Atlantic region, supplying it with abundant, low-cost supplies and paving the way for a manufacturing “renaissance,” while at the same time putting pressure on an already over-taxed pipeline infrastructure.
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Mid-Atlantic Generators: Don’t Mandate Firm Pipe Capacity
Mid-Atlantic power generators Thursday opposed a suggestion that generators be mandated to commit to firm pipeline capacity for the delivery of natural gas. At the fifth and final technical conference on the coordination of natural gas and power markets, some generators also said they viewed shale gas as a doubled-edged sword for the Mid-Atlantic region, supplying it with abundant, low-cost supplies while at the same time putting pressure on an already over-taxed pipeline infrastructure.
Chesapeake Shares ‘Have Hit a Floor,’ Says Analyst
Chesapeake Energy Corp.’s stock price may have reached its bottom, an energy analyst said Friday. However, things may heat up in the coming days after activist shareholder Carl Icahn revealed late Friday that his firm now owns a 7.6% stake in the company — and he wants four board members replaced.
Quebec to Implement Interim Shale Gas Rules
Details are emerging of how the government of Quebec plans to allow companies to drill for shale gas in the province while it conducts a two-year environmental assessment of the growing industry.