Against the backdrop of soaring fossil fuel prices due to the war that Russia is waging on Ukraine, a transition to cleaner fuels is underway in the Northwest that will touch nearly all aspects of the economy.
The war in Ukraine will affect future natural gas prices in Europe, and possibly in the United States including in the Pacific Northwest.
Ever since the first Northwest Power Plan in 1982, the Council has recognized that consumers have a choice of fuels for their water heaters. The predominant choice is natural gas.
Whether it's better to use natural gas directly or to generate electricity for water heaters and space heating has been a longstanding question since the Council's first power plan. Over the years, the Council has conducted numerous studies to address
The Council has released a revised forecast for fuel prices. The important message for consumers is that the downward price forecast for natural gas should help keep electricity prices down as well.New technologies to access natural gas trapped in