Dominion Energy, National Grid Said to be Shopping Northeast Pipes - Marcellus Drilling News
Dominion Energy, National Grid Said to be Shopping Northeast Pipes | Marcellus Drilling News
The left’s insane push to ban the use of all fossil energy, including natural gas, is beginning to bear fruit with large utility companies. Dominion and National Grid–huge electric and gas companies providing service to millions of customers–are rumored to be shopping some of their natural gas pipeline networks. So says the venerable Wall Street Journal. The reason? They believe the end of providing natural gas to customers is now on the horizon, and they want to dump their gas pipeline assets now, while those assets will still fetch big money.
Related Knowledge Center: Electrical grid reliability
With the need to reduce use of fossil fuels in transportation and other areas, demand is likely to increase for solutions that increase dependence on electricity and the electrical grid.