The Calgary Herald
From Herald News Services April 7, 2010 10:00 PM
Generation – Future U.S. demand for natural gas will mostly be driven by power companies using more of the fuel to generate electricity, Andrew Slaughter, a business environment manager for Royal Dutch Shell PLC, said Wednesday.
“I think the power sector is really the key to the gas market,” Slaughter said at a conference in Washington hosted by the U.S. Energy Information Administration.
For companies building power plants, units fired with natural gas are “very competitive” with those fuelled by coal, Slaughter said. New gas-fired generation “competes to a price that’s well north of $6” per million British thermal units because it is more efficient and produces less pollution than coal, he said.
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