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US Shale Gas Glut Will Not Derail The Energy Efficiency Case

Date: 02 July 2012

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5 pages, 4 figures

Executive Summary

This report helps individuals such as CSOs, Energy Directors, Facilities Directors and CFOs understand how the growth of US shale gas affects the business case for corporate energy efficiency. Technological advances in drilling techniques in the past decade have triggered an explosion in natural gas production in the US with total output growing from 1.0 trillion cubic feet in 2008 to 6.8 trillion cubic feet in 2011. The commercialization of shale gas has had a disruptive impact on the entire US energy market, redefining the US energy mix and driving down energy prices. This new energy price scenario will prompt firms to evaluate the value of ongoing energy efficiency investments. Verdantix finds that despite the recent softening in energy prices, there remains long-term value in energy efficiency investments.

TABLE OF CONTENTS

US SHALE GAS GLUT WILL NOT DERAIL THE ENERGY EFFICIENCY CASE
Low Cost Of Natural Gas Helps Stabilize Electricity Prices
Corporate Energy Efficiency Strategies Must Look Beyond Short-Term Price Signals

TABLE OF FIGURES

Figure 1. Price Of Natural Gas Sold To Commercial And Industrial Consumers
Figure 2. Shale Gas Gains Ground In US Energy Mix
Figure 3. Natural Gas Increases Its Contribution To US Electricity Generation
Figure 4. Price Of Electricity Sold To Commercial And Industrial Consumers

ORGANIZATIONS MENTIONEDORGANIZATIONS MENTIONED

AT&T, CA Technologies, Carbon Systems, CH2M HILL, Chesapeake Energy, ConocoPhilips, CSC, EnerNOC, Shell, State of Massachusetts, US Energy Information Administration, Verisae