DC Green Scene

As the retirement of more coal-powered generation is anticipated and the reliance on the use of natural gas to generate electricity is expanding because of the boom in natural gas extraction from shale resulting in low prices, and as back-up power for renewables, there are some concerns about how the interlinked gas and power markets will actually work, how new pipelines will be funded and how electricity reliability will be assured. Further, there could be more potential for market manipulation as the harmonization between the two markets becomes more complex. There are also fundamental differences between the pipeline industry and the power sector, with pipelines seeking firm contracts from their customers and electricity generators trading by the minute in response to bids.

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