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I don't doubt that will likely occur in more than a few places. I just doubt the need for it to happen. As natural gas use diminishes and those interconnection
by LUmBULtERA 2y ago
I don't doubt that will likely occur in more than a few places. I just doubt the need for it to happen. As natural gas use diminishes and those interconnection queues start cranking through the massive traffic jam of renewables and batteries trying to get on the grid, that means less and less volumes of natural gas paying for all of the fixed-cost infrastructure. Gas rates will consequently go up and up in a spiral, making short-run decisions to build more gas infrastructure very short-sighted and likely to cause a significant amount of stranded assets in the future.