The EPA estimates the IRA will lead to economy-wide emission reductions of up to 43% by 2030 compared to 2005. #EPA #emissions #emissionreduction #IRA #utiliies #electricity
WEATHER: 6-10 DAY AND 8-14 DAY OUTLOOK The intense heat we have seen in the South and up through the Plains States will ease up in the next 10-16 days, with more normal temperatures forecast. This cooler forecast may account for the eleven-cent drop in prompt month gas pricing on the Henry Hub NYMEX over…
The latest TPI Market Snapshot shares PJM Grid Peak Demand Alerts and the latest energy headlines and market conditions. Peak Demand Days Expected This Week There is a High Threat of setting one of the five highest peak demand days today (Monday, August 21). Today’s forecasted peak demand is 139,415 MW during hour ending 18.…
Natural Gas: EIA WEEKLY NATURAL GAS STORAGE REPORT Keep an eye on the gas storage report. While we still have a surplus of natural gas compared to the five-year average, especially last year, the recent injections have been smaller than in the past, and the surplus is shrinking. This is a sign that demand continues…
Natural gas deliveries by pipeline to U.S. liquefied natural gas (LNG) export facilities are called LNG feed gas. LNG feed gas averaged 12.8 billion cubic feet per day (Bcf/d) in the first six months of 2023, following the Freeport LNG terminal’s return to service, according to S&P Global Commodity Insights data. Over this period, LNG…
US Weather: 6-10 DAY AND 8-14 DAY OUTLOOK Energy Demand: ABOUT LAST WEEK’S PEAK DEMAND ALERTS EIA: WEEKLY GAS STORAGE The Natural Gas Market took a bit of a dip on Wednesday, falling from its weeklong high of $2.755 and down more than ten cents to $2.642. This dip was prompted by weather forecasts calling…
6-10 DAY AND 8-14 DAY WEATHER OUTLOOK Weather News: The oppressive heat in the west brought record temperatures in the southwest and central California. The heat will level off, but higher temperatures still extend from the Canadian border to the Mexican border and will become more widespread. The El Nino to the west of Baja…
According to EIA estimates, working natural gas in storage was 2,805 Bcf as of Friday, June 23, 2023. This represents a net increase of 76 Bcf from the previous week. Stocks were 566 Bcf higher than last year and 358 Bcf above the five-year average of 2,447 Bcf. At 2,805 Bcf, the total working gas…
If temperatures spike this summer, parts of the United States could face electricity supply shortages as demand for cooling increases, according to an analysis by the North American Electric Reliability Corporation (NERC). The latest summer reliability report from NERC warns that two-thirds of North America is at risk of energy shortfalls during extremely high electricity…
