The average cost for generators to connect to the grid in the PJM Interconnection soared from 2020 to 2022 compared to previous two-year intervals, driven mainly by network upgrades beyond the interconnecting substation, according to a study released Thursday by the Lawrence Berkeley National Laboratory. Read the complete story >>
View detailsNatural Gas: WE MAY HAVE HIT BOTTOM, AND COLDER WEATHER COULD BRING PRICES BACK THE MARKET REMAINS VOLATILE ON COMPETING INDICATORS. What Is Henry Hub?Henry Hub is a natural gas pipeline located in Erath, Louisiana, that serves as the official delivery location for futures contracts on the New York Mercantile Exchange (NYMEX). EIA NATURAL GAS…
View detailsIn the Energy Information Agency’s latest Short-Term Energy Outlook, they expect that increased U.S. power generation from new renewables capacity—primarily wind and solar—will reduce generation from coal-fired and natural gas-fired power plants in 2023 and 2024. With the new solar and wind projects coming online this year, the EIA forecasts these two energy sources will…
View detailsEIA forecasts lower wholesale U.S. natural gas prices in 2023 and 2024. Reach out to TPI to see how this could affect your energy spend going forward. The full story >>
View detailsNatural Gas Market NEXT JANUARY’S PRICING REFLECTS MORE NORMAL JANUARY WEATHER. WEATHER CONTINUES TO DRIVE THE NATURAL GAS MARKET DOWN. EIA Natural Gas Storage Report Electricity News: FirstEnergy Auction Weather Mid Weather PJM BGE JANUARY 10TH PJM ADHUB JANUARY 10TH
View detailsAbout 23.2% of PJM’s generating fleet was unexpectedly offline on December 24, mainly because of plant equipment that didn’t operate and fuel supply problems. Read More >>
View detailsPrompt-month NYMEX natural gas was trading at $3.79/MMbtu in morning trading, up $0.12/MMbtu as of 12:45 p.m. ET.
View detailsNatural Gas News: Market Drops Auction Time First Energy’s second auction for electricity that will be part of their supply is scheduled for Jan. 10. With the recent slide in Natural Gas pricing, expect it to come in below the price from the last auction, which was 12.23 cents per kWh. 12-MONTH STRIP, ATC POWER…
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