DOE-NETL: Opposition to Coal Will Reduce Electricity Reliability, Harm US Economy Print E-mail
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Monday, 02 June 2008 07:56

In an April 2008 white paper entitled, "Natural Gas and Electricity Costs and Impacts on Industry", the U.S. Department of Energy's National Energy Technology Laboratory (NETL) reported that opposition to new coal-based power plants is leading to a generation capacity shortage in many areas of the country and endangering U.S. energy security. The opposition is also inducing a "dash to gas" and quickly causing a rise in natural gas prices at a time when federal climate change legislation could immediately lead to a doubling of natural gas consumption for power generation. This legislation would increase the country's dependence on foreign energy sources in the form of liquefied natural gas (LNG) causing both natural gas and electricity prices to increase dramatically.

A one-page summary of the white paper can be found here: Full One-Page Summary


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Last Updated on Monday, 02 June 2008 08:51