4 opportunities for gas utilities to accelerate the energy transition today
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11% OffAs one example, New Jersey Natural Gas is requesting rate recovery of millions of dollars of new gas facilities investments without any presentation of how increased investment in the gas system will comport with New Jerseys Global Warming Response Act.EDFs Aligning Gas Regulation with Climate Objectives paper set forth a roadmap for regulators to attend to these challenges. EDF commissioned MJ Bradley & & Associates to develop the Gas Company Climate Planning Tool, which will enable regulators, energies and interested stakeholders to comprehend and evaluate the lifecycle GHG emissions of gas energies. Gas energies are starting to explore various types of pilot programs to check innovative solutions– from gas demand-response programs to geothermal heating and cooling.
As one example, New Jersey Natural Gas is asking for rate recovery of millions of dollars of new gas facilities investments without any demonstration of how increased financial investment in the gas system will comport with New Jerseys Global Warming Response Act.EDFs Aligning Gas Regulation with Climate Objectives paper set forth a roadmap for regulators to address these obstacles. Methane, the principal element of natural gas, is a powerful greenhouse gas that has more than 80 times the warming power of carbon dioxide over the very first 20 years after it reaches the atmosphere. Recent research reveals that approximated U.S. methane emissions from gas distribution pipelines are about five times higher than predicted by the EPA Greenhouse Gas stock. EDF commissioned MJ Bradley & & Associates to establish the Gas Company Climate Planning Tool, which will permit regulators, energies and interested stakeholders to assess the lifecycle and understand GHG emissions of gas energies. Gas energies are beginning to explore different types of pilot programs to check innovative services– from gas demand-response programs to geothermal heating and cooling.
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