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It’s Déjà Vu All Over Again

It’s Déjà Vu All Over Again. 20 May 2010. Natural Gas Displaced Coal —and Can Do It Again. Electric Generation. There’s Already a Lot More Gas Capacity Than Coal Available Today... . …But Natural Gas Accounts for Only 21% of the Nation’s Electricity. Generation Capacity.

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It’s Déjà Vu All Over Again

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  1. It’s Déjà Vu All Over Again 20 May 2010

  2. Natural Gas Displaced Coal—and Can Do It Again

  3. Electric Generation There’s Already a Lot More Gas Capacity Than Coal Available Today... …But Natural Gas Accounts for Only 21% of the Nation’s Electricity Generation Capacity 2008 Electric Generation (GW) Natural Gas 454 Coal 337 Nuclear 106 Other 206 Total 1,103 Source: EIA

  4. For Potential Growth, the Math is Simple 9 Gigawatts of Growth Annually 6 Gigawatts of Retirements Annually + 15 Gigawatts per Year of New Electric Generation That’s Only 2.3 Bcf/d of New EG Gas Demand per Year

  5. The Big Six Haynesville Fayetteville Marcellus Woodford Eagle Ford Barnett • Declining Existing Production Over the course of 5 years, production will climb from 10 Bcf/d To somewhere between 25 and 35 Bcf/d

  6. There’s much more gas out there 75Shales

  7. Very Predictable Supply Production  Wells Drilled  Rig Count • Success ratio • Recoverable reserve size • Producer expectations, obligations, hedges and liquids carry • In 2009 State of the Market Report, FERC says that the huge gas supply rally seems sustainable …but there is some HISTORY

  8. Perceptions of Coal…Give gas industry an edge because we match up well against coal’s good qualities • Seen as: • Dirty • Hard on the environment • Low-cost • Reliable • Domestic • Jobs But Gas Offsets Supposed Advantages

  9. Willie Underwood VP, Commercial Operations CenterPoint Energy Gas Transmission Co. (“CEGT”) 713-207-5127 Willie.Underwood@CenterPointEnergy.com Reliable services.  People you trust.

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