Natural Gas

New York's Natural Gas Path

The state is diverging from the national trend.

New York is taking its own path and outlawing the use of high-volume natural gas fracking. Yet, the state will remain a voracious consumer of natural gas that is fracked elsewhere. What gives?

Gas to the Rescue

Shale revolution catches fire, surpassing coal – in America, and soon around the world.

The shale revolution now fueling the American economy appears poised for expansion overseas.

From Coal to Gas

Regulatory and environmental challenges for power plant conversions under the EPA’s Clean Power Plan.

Converting a power plant from coal to natural gas triggers a host of environmental challenges and regulatory issues. Operators could be trading one set of regulatory obligations, liabilities, and costs for another, equally problematic, set of liabilities and costs.

Hedging Your Bet on Cheap Gas

Portfolio theory points to energy efficiency as invaluable in resource planning.

Overlooked in planning, and undervalued by today’s low natural gas prices, energy efficiency offers a valuable hedge against fuel price volatility.

Waiting for the Next Polar Vortex

How recent events could prove a harbinger of winters to come.

The winter of 2013-14 offered up a perfect storm of natural gas price spikes and threats to electric reliability. Expect more of the same.

The End of an Age

Survival in the new market requires embracing new technologies and practices.

New technologies are opening the utility domain to innovation and competition. Traditional utilities will shrink as outsourcing providers and competitors grow. Survival in this new market requires embracing new technologies and practices.

Partnering on Pipeline Safety

The state regulator’s perspective on gas infrastructure inspections and investments.

As aging pipelines bring safety concerns, regulators and utilities must cooperate to ensure investments deliver the greatest value for customers.

The Old Drawing Board

Portfolio planning in the age of gas.

PUCs are concerned that a rapid shutdown of coal-fired plants will start a full-tilt dash to gas—similar to the one that caused bankruptcies among independent power producers in the late 1990s and early 2000s. But this time around, ratepayers and not IPP investors will be stuck with the risk, if utilities rush to add all that new gas-fired capacity to rate base.

Gas Without Regrets

How suppliers and generators can each gain from today’s historic low prices.

Gas-fired generators and suppliers alike can each share risk and reward from historic low prices with contracts that blend market and fixed prices

Hedging or Betting?

Lacking regulatory oversight, financial hedges turn into risky speculation.

Many utilities engage in hedging to protect customers from price spikes. But unless regulators are involved in crafting and monitoring these programs, they can turn into speculative ventures that put ratepayers at risk — for the benefit of shareholders.