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Long-Term Contracts Are Back

By Greg Russell

At least, that's a significant possibility raised in this article in the Denver Post.  Colorado legislation directing Xcel Energy to come up with a comprehensive plan to cut pollution at the utility's smaller, aging coal-fired plants gives primary consideration to switching to natural gas.  Long term contracts might be one way to accomplish that:  "To facilitate that [i.e., long-term price stability], the act says utilities may, with PUC approval, enter into guaranteed gas contracts of three to 20 years."

Tags: Energy

Helping clients with their energy and environmental needs

You can expect to find news and breaking legal developments involving the crude oil and natural gas industries, alternative and renewable energy resources, and the latest environmental issues.