14 Mar '12, 5pm

Clean Energy and the Challenge of Low-Cost Natural Gas

Clean Energy and the Challenge of Low-Cost Natural Gas

At the recent Clean-Tech Investor Summit , Mike Allman, president and CEO of Southern California Gas Company, the nation’s largest natural gas distribution utility, had some cautionary words. Allman, who in his former role at the helm of Sempra Generation helped build the nation’s largest solar PV plant, explained that centralized solar just couldn’t compete against low-cost natural gas. He could be right, and this presents some serious challenges to renewables in a future of low cost, natural gas-powered electricity. But I believe a number of factors are likely to ensure that we see more of a complementary future unfold. First of all, state-level renewable portfolio standards, some with solar carve-outs, will ensure that solar is part of the future energy mix in many regions of our nation. Second, while the cost of wholesale produced electricity from natural gas may be as...

Full article: http://www.renewableenergyworld.com/rea/news/article/2012...

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