When we think of essential industries, our nation’s healthcare sector typically ranks at the top. America’s doctors, nurses, hospital staff, care providers, and countless others are an integral part of our everyday lives. But we rarely think about all the things that are critical to a functioning healthcare sector. Affordable and reliable energy is in that category.
Survey data from the U.S. Energy Information Administration (EIA) show that 74% of hospitals use natural gas for space heating, and 80% of hospitals use natural gas for water heating. They also tend to consume more energy per square foot than any other commercial building type. And unlike other commercial buildings, hospitals remain open 24/7. Everything from ventilators to the lights during surgery requires a steady and reliable stream of energy.
Diversified Energy Company plc (LON:DEC), formerly Diversified Gas & Oil plc, is a gas and oil production company operating in the Appalachian Basin in the United States.
