Utility companies Dominion Energy and National Grid are separately weighing options for parts of their natural gas pipeline network as attempts to ban in-home gas gathers momentum, reported The Wall Street Journal.

Dominion Energy is considering selling its gas distribution businesses that serve North Carolina, Ohio, and areas of the Western US, undisclosed sources told the publication.

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The assets might be worth up to $13bn when combined, according to some of the sources, though they are unlikely to be sold all at once.

British company National Grid, on the other hand, is considering a sale of part of the pipeline network that caters to the Northeast, the sources added.

Divesting a minority stake in the network is one of the options being considered by National Grid, they added.

The developments come as more towns and localities move to phase out natural gas for cooking and home heating, triggering a debate on the future of natural gas.

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Utilities are starting to worry that some of their gas networks will end up as stranded assets because of the shift to electricity-powered homes and businesses.

According to estimates from consultancy firm Brattle Group, the transition may put up to $180bn worth of US gas distribution infrastructure at risk of being left stranded.

Dominion provides electricity or natural gas services to some seven million customers across 16 states in the US.

Last year, the firm sold its West Virginia natural gas-distribution business to Hearthstone Utilities in a deal valued at $690m.

In 2020, Dominion’s natural gas transmission and storage network was sold to Berkshire Hathaway for $9.7bn.

Earlier this year, National Grid sold a portion of its gas assets by divesting a 60% stake in its UK gas transmission business to a group led by Macquarie Asset Management and British Columbia Investment Management.