Rising demand for electricity generated by wind and solar will create more need for natural gas infrastructure to prevent blackouts, Williams Cos. (NYSE:WMB) CEO Alan Armstrong told the Financial Times in an interview, in comments that contradict policies that aim to phase out fossil fuels such as natural gas from U.S. power grids.
Because policies meant to increase the use of electricity in cars and heavy industry also increase the load on the grid, Armstrong said more pipelines – not fewer – will be needed to feed fuel to gas-fired generators that can back up intermittent renewable systems.
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