
Natural Gas Realities – Now
Shortlink – http://wp.me/pfF9G-aO
There is currently much “buzz” about methane releases from Natural Gas Exploration & Production (NG E&P), especially with regards to the buzzword friendly “Fracking” dominating all discussions. The NG industry is clearly “green washing” the public through slick advertisements, as it knocks off its primary competitor Coal, and has already surpassed Nuclear for electrical output in the US.

The fact of the matter is, there are currently NG “Peaker” plants associated with almost all existing Coal and Nuclear plants, often on the same properties, owned and operated by the same generation company. This is really no different than many of our most famous hydroelectric dams being built with coal plants just out of view of the sweeping and magnificent concrete arches. Glen Canyon Dam, on the mighty Colorado River, and the 2,225 MW Navajo Generation Plant were paired in construction under the CRSP (Colorado River Storage Project) to mitigate water storage requirement priority over hydroelectric generation.
My use of the word “competitor”, when we discuss Natural Gas in contrast to Nuclear or Coal, becomes very much a gray area once we dig into the numbers of overall electrical production. But back to the topic of methane releases.