INSIGHTSSERIES
Fossil Fuels | Natural Gas
March 5, 2024
Gas Utility Planning Strategies Aim for Cost-Effective Solutions to Meet Emissions Reduction Goals
Discussions on gas planning emphasize achieving emissions reductions through decarbonization, electrification, and innovative technologies, while minimizing new investments to protect ratepayers.
Multiple states in the U.S. have initiated long-term proceedings to examine the operations of natural gas utilities, aiming to incorporate the implications of electrification goals and…Read the full report
Key Takeaways
- Massachusetts regulators have issued an order that requires utilities to consider non-gas alternatives to gas expansion projects and prohibits cost recovery for the promotion of natural gas use.
- Minnesota has established planning requirements for the state's major natural gas utilities, a move seen as crucial to ensure energy affordability and reliability in the midst of evolving energy landscapes.
- Colorado has begun implementing its clean heat standard, with Xcel Energy filings its first plan for the 2024-2028 period.
