New gas pipelines can be avoided: Back-up fuel incentives are the way to go

by Katherine R. Eiseman for CommonWealth Magazine

LAST WINTER’S NATURAL gas price spikes, and resultant electric rate hikes, continue to be used to justify the push for massive expansion of gas infrastructure. Yet a successful program to incentivize New England’s power generators to contract for back-up fuel for this winter undermines the argument for more pipelines. This winter’s lower wholesale gas and electric prices indicate that the rate hikes themselves could have been avoided had such measures been more fully implemented for the 2013-2014 winter.

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