How Regulators Should Use Natural Gas Price Forecasts
Natural gas prices are critical to a range of regulatory decisions covering both electric and gas utilities. Natural gas prices are often a crucial variable in electric generation capacity planning and in the benefit-cost relationship for energy-efficiency programs. High natural gas prices can make coal generation the most economical new source, while low prices can make natural gas generation the most economical. Forecasting is like driving a car blindfolded while following directions given by someone who is looking out of the back window. - Anonymous
Authors: | Costello, Ken |
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Published in: |
The Electricity Journal. - Elsevier, ISSN 1040-6190. - Vol. 23, 7, p. 54-64
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Publisher: |
Elsevier |
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