Duke Energy CEO Cautions Against Overreliance on Natural Gas

Posted on Jun 16, 2011 in Markets and Competition, Regas Terminals & Capacity | Comments Off

Jim Rogers, CEO of Duke Energy, told a conference in Washington, D.C., yesterday that he believes an overreliance on natural gas for electricity generation carries some risk as the volatility of natural gas prices could compel power generators to import more LNG from foreign suppliers. Rogers cautioned against tying the U.S. “grid to foreign sources of energy.” Reuters provides additional details.

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Duke Energy CEO Cautions Against Overreliance on Natural Gas

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