TodayEco.com

21 Sep '12, 3pm

Is the natural gas revolution good or bad for energy efficiency?

Is the natural gas revolution good or bad for energy efficiency?

If there were an equivalent in the energy industry to Time Magazine’s Person of the Year, natural gas would be this year’s winner. The dramatic rise in natural gas supply, and fall in price, has reconfigured the energy scene in the United States. It's suddenly created a bounty of domestic energy which has driven down wholesale power prices and accelerated retirement of polluting coal-fired plants. Veteran energy insiders have told me in recent interviews that they never expected in their lifetime to see this kind of rapid market shift. So what does the natural gas bonanza mean to energy efficiency – another resource creating surprising changes in the electric grid? Typically, when energy gets cheap consumers stop thinking about efficiency. But the American Council for an Energy-Efficient Economy sees a different scenario emerging this time, according to two reports release...

Full article: http://www.greenbiz.com/blog/2012/09/21/natural-gas-revol...

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