OTCPK:PDPYF - Post by User
Post by
minerman77on Nov 21, 2016 10:03pm
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Post# 25493200
NG
NG7. EIA estimates that electricity generators will add another 13,700 MW of gas-fired capacity by June 2017, more than 3% of the current gas fleet. As of a month ago, some 100,000 MW of natural gas combined-cycle capacity was under development. Over 80% of that capacity had an expected online date, with 60% of that slated to come into operation by 2019. The “dash to gas” is the basis of the “less than $4 gas isn’t sustainable” argument.