Dive Summary:
- Washington’s oldest utility Puget Sound Energy (PSE) announced its 20-year Integrated Resource Plan backing a 40 % increase of shale gas energy despite PSE predicting significant price increase in natural gas.
- To meet demand through 2033 and comply with state energy laws, PSE needs to gain 5,400 MW of additional power, including 600 MW of renewable energy.
- PSE says it can save 1,000 MW through energy efficiency programs in an overall operation that will cost the company $13. 8 billion.
From the article:
“An additional 156,000 dekatherms per day will be needed by 2033 to fuel PSE's simple-cycle gas-fired power plants. This added supply capacity represents a 90 percent increase in the natural gas used by PSE's fleet of peaker plants.”