This book addresses several aspects of the changing context of
natural gas in the U.S. electric power sector. Increasingly
plentiful and affordable natural gas has catalysed major changes in
U.S. power generation and has helped to boost U.S. economic
recovery. Increased substitution of natural gas for coal in power
generation has also cut U.S. GHG emissions. However, processes to
produce natural gas, shale gas in particular, have also elevated
environmental and safety concerns in certain regions of the
country. The rapid rise of natural gas is also beginning to drive
more thought on longer-term energy policy issues such as the
appropriate level of generation diversity (given the history of
volatile prices for natural gas), and trajectories of natural gas
use that will still allow GHG mitigation sufficient to address the
climate challenge. This book is intended to help inform these
energy policy and investment discussions, and outlines the current
dynamics of natural gas in the power sector and the selected
challenges and opportunities in the use of natural gas to generate
electricity.
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