Natural gas matters: All industry segments working for success in growing gas-fired generation |
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| Authors: | Richard G. Smead |
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| Affiliation: | Richard G. Smead: (rsmead@navigant.com) is a director in the energy practice of Navigant Consulting, Inc. in Houston. He previously held senior management positions in the gas pipeline groups of the El Paso Corporation and the Coastal Corporation. |
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| Abstract: | This summer, the US natural gas industry celebrated an important milestone. It has been no secret that power generation is the most important growth market for the industry, with natural gas largely competing with coal as the preferred fuel. It was announced this summer by the Energy Information Administration that in April 2012, for the first time in history, the nation generated as much power with natural gas as it did with coal. Exhibit 1 shows the month-by-month convergence of the two fuels' total megawatts generated, from the beginning of 2010 until April. |
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