Liam Denning on the Uncertain Future of the Natural Gas Industry
Submitted on February 27, 2024 - 12amVX News shares, with permission, this opinion piece written by Liam Denning for Bloomberg which highlights the the dilemma faced by gas utilities, as their profits traditionally relied on expanding demand, which is now plateauing, especially outside the power sector. Denning suggests that the industry needs to undergo a fundamental shift in its business model, moving from being pipeline builders to becoming energy system insurance providers.