November 28, 2012 |
He called shale gas a "bridge fuel" between existing technologies and energy sources that have yet to be refined or created, and predicted a continued struggle between regulators and providers, given the increasingly cheap cost of natural gas generation.These changes and other innovations will lead to a "virtual white sheet of paper" for the utility industry in the second half of the 21st century, he said, with all existing power plants likely to be retired by 2050.
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