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…
EIA: WEEKLY NATURAL GAS STORAGE Why This Weekly Natural Gas Chart Is Import: Understanding the Natural Gas Storage ReportThe Natural Gas Storage Indicator measures working gas, the volume of gas in a reservoir above a specified base level, and the amount of gas available for sale to the marketplace. The EIA report shows gas inventories…
WEATHER: 6-10 DAY AND 8-14 DAY OUTLOOK An active pattern continues this week as weather systems track across the US with showers, thunderstorms, and comfortable highs of 60s to 80s for light demand besides the Southwest, Texas, the South, and Florida, where a hot ridge will result in highs of 90s to locally 100s for…
U.S. electricity generation from natural gas reached a record high last winter and accounted for 38% of the country’s electricity generation mix. Read More >>
BYE-BYE COAL • ENERGY NEWS UPDATE • EIA NEWS • CAPACITY NEWS According to the plant’s owner, after 54 years of providing power to Pennsylvania and New York, the Homer City Generating Station in Pennsylvania will close by July 2023. The 1,888-megawatt coal plant began generating electricity in 1969 when Units 1 and 2 entered service.…