The transformation of the natural gas industry has created midstream growth opportunities for utility holding companies in North America. Shale gas exploitation in the Marcellus and Utica as well as the growth of natural gas end uses across the continent and abroad have dramatically shifted gas flows and increased the need for new midstream infrastructure.
As large buyers of natural gas, utilities may be uniquely positioned to invest in this burgeoning space. Yet, the competition from traditional upstream and midstream competitors is significant. To be successful, utility holding companies will need to consider the unique value they bring upstream of the local distribution company (LDC), even outside their own geography, and then develop a strategy for growth. We see a unique opportunity for utilities to participate in midstream projects to support their earnings growth targets.
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Andrew Dressel joins CRA's Energy Practice
CRA is pleased to welcome Andrew Dressel to our Energy Practice in Salt Lake City. “Andrew is an experienced power industry attorney and consulting...