One of Biggest Drivers of New Demand for Marcellus Gas? Powergen
Jeff Quigley, director of energy markets at Stratas Advisors, says that electric power generation is "one of the biggest incremental drivers of new demand" for Marcellus Shale gas. A close second behind powergen, according to Quigley, are industrial sources. That is, big manufacturing plants. Also according to Quigley, while "there's still a place for coal" in the U.S. energy mix, natural gas is "on pace to eventually displace coal for power generation." Quigley is speaking today at the Guttman Energy 2017 Energy Forum in Canonsburg, PA. Here's a preview of his comments...
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