http://ledger.southofboston.com/articles/2007/11/03/business/biz02.txtBOSTON - New England will need to add liquefied natural gas terminals or significantly expand its gas pipelines - and possibly do both - or the region will likely face natural gas shortages or major price hikes, a key federal official said Friday.
New England is vulnerable because of its location at the tail end of several natural gas pipelines, its dependence on natural gas for both electricity generation and heating, its limited gas storage space and lack of its own geological gas reserves, said Joseph Kelliher, chairman of the Federal Energy Regulatory Commission.
As much as 40 percent of New England’s electricity supply comes from natural gas, the single largest source; a substantial portion is imported from Canada. Nuclear power is the second most significant source of electricity at 28 percent, while coal is third at 11.5 percent.
Kelliher’s comments on Friday, at a U.S.-Canadian energy conference in Boston, came as the region continues to grapple with trying to locate LNG terminals to import more natural gas.
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