29 Apr '12, 2pm

#Solar Low Natural Gas Prices and U.S. Electric Generation - Low Natural Gas Prices and U.S. Electric Generation The...

#Solar Low Natural Gas Prices and U.S. Electric Generation - Low Natural Gas Prices and U.S. Electric Generation The...

But is this a temporary phenomenon driven by a short-term gas boom, or is it a permanent change? Southern clearly believes that gas prices could stay low. Southern is building new gas-fired generation in Georgia and is working to reduce to its exposure to long-term inflexible coal fuel supply and rail transport agreements. But according to one executive, it is an “all arrows in the quiver strategy,” meaning that as it heads into the future, Southern wants to maintain a portfolio approach that provides for optionality in future fuel choices. Southern is currently building the first two nuclear units licensed in the U.S. in 30 years. Additionally, it is building a coal-integrated gas combined-cycle unit in Mississippi and the country’s largest biomass facility in Texas. Southern’s goal is to be able to switch based on the best prices. Future generation mix projections depend...

Full article: http://www.solarfeeds.com/low-natural-gas-prices-and-u-s-...

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