Power utility Hawaiian Electric is evaluating whether LNG prices are favourable enough to justify a switch away from diesel and residual fuel oils for its current generating capacity. The utility has already started taking bids to have LNG delivered to eight generating plants on the archipelago’s five main islands, requesting some 39 Bcf/year. This comes at a time when relatively low prices and new shipping technology are making LNG imports easier for Hawaii as it looks to diversity its energy mix.
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