Mark Glick - State Energy Administrator - Nextera and Chevron

Nextera/Hawaiian Electric Merger

Mark Glick, the state energy czar, says the state is willing to support more use of LNG - liquified natural gas - but only as a stopgap on the way to 10% renewable energy. Hawaii Gas and HECO have both expressed interest in LNG, citing the low prices. However, this conversation is being held all over the world, and everybody starts switching to LNG, it won't be cheap any more.

Mark expands discussion on the Nextera/Hawaiian Electric Deal and the Chevron purchase.