Last week, I mentioned that having a diversified fleet of power generating plants is a smart strategy for any utility; specifically, diversity by fuel source. The recent natural gas bonanza cut loose with the perfection of hydraulic fracturing and mind-blowing drilling capability (vertical a few thousand feet, then horizontal a few thousand feet) has unleashed a fury of kneejerk policy and utility strategy changes. As is common with the Energy Rant, Jeff says, not so fast. It isn’t that easy. There are consequences and major challenges with racing down this road without thinking.First we have the federal government (the EPA)…
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