Natural Gas Market Design May Be Failing Consumers
Levi McAllister, Kirstin Gibbs and Pamela Tsang WuNovember 14, 2017, 12:45 PM EST
Law360, New York (November 14, 2017, 12:45 PM EST) -- In the United States, energy consumers reasonably expect energy to be available on demand. We expect that our lamps provide light when we flip the switch, our furnaces provide heat when we set the thermostat and our washing machines provide clean clothes when we load the soap and push a button.
To meet this expectation, however, it is imperative that domestic energy suppliers be able to produce electricity and provide natural gas at all times, and at a volume that consistently meets consumer demand at any...