Predictably Unpredictable: Volatility in Future Energy Supply and Price from Over-Dependence on Natural Gas
Publication Date: September 2003
Publisher:
Author(s): Elizabeth Ridlington; Robert Pregulman
Research Area: Energy
Keywords: price volatility; renewable energy
Type: Report
Coverage: Washington
Abstract:
In response to the 2000-2001 energy crisis on the West Coast, Washington state policy makers rushed to approve and encourage the construction of as many natural gas power plants as possible. Demand for natural gas across the country is skyrocketing, and domestic supplies are tight. Predictably Unpredictable explains how Washington is setting itself up for an energy crisis by relying so heavily on one fuel source, and recommends tapping the vast in-state potential for renewable energy instead.
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