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Availability/reliability of gas supplies are concerns for utilities

Journal Article · · Power Engineering; (United States)
OSTI ID:7142924
This paper reports that long-term economical and reliable fuel contracts are imperative for increased use of natural gas. Demand for natural gas grew by 3.3% in 1991 to 19.3 trillion cubic feet (tcf) according to the U.S. Department of Energy's Energy Information Administration (EIA). during 1992, EIA expects natural gas demand to grow about 1.8%. However, EIA predicts that natural gas demand will be down slightly in the electric power sector. This is despite the potential for continuing lower gas prices and availability. wellhead prices for natural gas fell by more than 9% in 1991. Although EIA forecasts a decline in natural gas use by electric utilities, a study undertaken by ICF Resources for Enron Power Services, Inc. expects natural gas consumption in the power industry to increase in the 1990s. ICF says that the growth will occur because many new plants will be gas-fired, many existing electric utility power plants designed for oil and/or natural gas operation will use natural gas, and about half of new non-utility power plants will be gas-fired.
OSTI ID:
7142924
Journal Information:
Power Engineering; (United States), Journal Name: Power Engineering; (United States) Vol. 96:8; ISSN 0032-5961; ISSN POENAI
Country of Publication:
United States
Language:
English