The Natural Gas Flame Continues to Burn Bright
The post The Natural Gas Flame Continues to Burn Bright appeared first on POWER Magazine.
The natural gas sector is well aware of the challenges facing the fossil fuel industry, but analysts say gas has attributes that will keep it a big part of the U.S. and global energy mix.
Natural gas has moved to the front burner of power generation discussions. The fuel’s future has been a topic of debate for months, with the U.S. industry concerned about potential drilling limits from the Biden administration, and a move toward increased electrification in the U.S. and globally that could reduce demand for gas outside of the electricity sector.
The fallout from a severe winter storm that wreaked havoc on Texas’ gas supply in February, and left millions of Texans without power and heat, also raised questions about reliance on natural gas. That’s an issue raised by the Trump administration when it argued for propping up coal and nuclear power, saying the natural gas supply could be disrupted by external events.…