Tag
A $1.5 billion deal between Southern Company and Kinder Morgan this week is one more sign of the growing importance of natural gas to electric power generation in the U.S. Atlanta-based Southern Company, the second-largest utility company in the U.S. in terms of customer base, agreed to pay cash to Kinder Morgan for a 50% equity interest in the Southern Natural Gas (SNG) pipeline system. (Read More)
Continue reading
Will U.S. electric utilities become obsolete some day? The idea may seem far-fetched given our reliance on massive systems of transmission lines and central power plants that deliver electricity to our homes and businesses. But with the rapid spread of solar panels on residential and business roofs across the country, and the potential for breakthroughs in microgrids, storage systems and other technologies, the business model for electric utilities is coming under scrutiny like never before. (Read More)
Continue reading
Recent Tweets by Bill Loveless
