By Chris Nelder (w w w . g r e e n c h i p s t o c k s . c o m )
Last week was just full of unpleasant surprises for natural gas supply.
Chris Nelder was researching the issues and it looks like we have some serious supply issues on our hands, starting now and growing worse over the next 20 years or more.
He also have prepared a detailed free report on it, which you can find here But here's the short version.
First, the International Energy Agency (IEA) issued a warning that it's very concerned about an impending supply gap for natural gas.
This is important because about one quarter of our electricity in the U.S. is generated from natural gas, a share that is expected to increase along with demand.
But he does believe that share can be increased. And that spells "higher grid electricity" prices for this country, and an even better outlook for solar and wind generation.
Apparently, receding horizons, massive cost increases, and lack of construction materials and skilled labor have all contributed to delays and cancellations in new power plant construction. It's just not a friendly environment for investing in new plants.