Gas and power industries linking as regulation fades
Journal Article
·
· Oil and Gas Journal
OSTI ID:276600
- NGC Corp., Houston, TX (United States)
Although the gas and electricity markets have their organizational and operational idiosyncrasies, the principles of a competitive market apply to both. The gas industry model of functional and services unbundling, and the elimination of the pipeline merchant function should be emulated. This process of one industry learning from another is inevitable as electricity and natural gas come to be traded in a nearly unified energy market. As their markets merge, two once-distinct industries will be come much more alike, each borrowing the best features of the other and leaving less-desirable features behind. Factors are discussed.
- OSTI ID:
- 276600
- Journal Information:
- Oil and Gas Journal, Vol. 94, Issue 33; Other Information: PBD: 12 Aug 1996
- Country of Publication:
- United States
- Language:
- English
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