Progress for UGI Energy’s LNG Peak Shaver in Bethlehem, PA
In February MDN reported that UGI is proposing a new LNG peak shaver for Bethlehem, PA. The project hit some early opposition, so UGI tweaked the design, keeping it alive (see UGI Energy Tweaks LNG Peak Shaver for Bethlehem, PA). An LNG peak shaver is a unit used for storing surplus natural gas, to have extra natgas on hand and ready during times of peak consumption during really hot summers or really cold winters. Sometimes your local gas utility will build and use a peak shaver (small LNG storage facility), so they don’t run out of natgas at a critical time, and to help with keeping prices lower by drawing down from storage if prices spike. Low prices make for happy customers. We’re interested in such facilities because of their potential as a new demand source for our plentiful gas supplies. UGI's Bethlehem project includes building an 80-foot high LNG tank. Last week the Bethlehem Planning Board voted 3-0 to approve the tank, meaning more progress for the project...
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