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Market Snapshot for Monday, Nov. 20, 2023
NATURAL GAS HEADLINES: As expected, the market reacted strongly to last Thursday’s two-week storage report. However, the news was good for those looking to finalize their energy agreements. The final total for the two weeks was a +60 Bcf INJECTION, which sent the gas market tumbling and brought the prompt month below $3.00. The Henry Hub is...
PUCO: New Discounts Launched for Ohio AES Large Industrial Construction Projects
AES’s Dayton Power and Light Company has introduced a unique discount program approved by the Public Utilities Commission of Ohio (PUCO). This program is for customers with a power demand of 500 kilowatts (kW) or more at a single location. Significant discounts are available for new or expanded facilities in the AES Ohio (Dayton Power...
Still. FirstEnergy Ohio HB6 Scandal Continues to Make Headlines
Ohio judges continue admonishing the state’s former top energy regulator for attempting to stall while handing over documents related to investigations into the state’s power plant bailout law. The latest >> Another judge hammers former Ohio utility regulator Randazzo in FirstEnergy case
The rate cases are coming: How will utility customers react?
Strong customer opposition to current rate cases could leave utilities in the lurch when it comes to raising funds they need to make good on their promises to improve the safety and sustainability of their operations. Read The Article >>
Bowling Green Dams Get Funding
Four hydroelectric plants on the Ohio River that Bowling Green, Ohio, relies on for electricity receive $8 million in federal infrastructure funding. Hydroelectric plants used by BG for diversified power supply portfolio, get $8 million in incentive funding
Market Snapshot: Monday, October 30, 2023
Market snapshot for Monday, October 30, 2023 EIA: WEEKLY NATURAL GAS STORAGE The last two storage reports have shown a more robust injection than the five-year average, which is helping to keep the price of Natural Gas lower as mild weather has kept heat demand down. Projections of a mild winter due to a strong El Nino are also h...
Opinion: Failing To Expand Grid May Be Biggest Threat To US Energy Transition
Failing to expand the grid may be the biggest threat to U.S. energy transition! A panel of experts urged FERC to “expeditiously” issue its pending transmission planning and cost allocation reforms and ensure wholesale power markets can support a shift to 100% clean energy. Read the article >>
FirstEnergy Spar With Investors
FirstEnergy investors continue to spar with the company over releasing information in court about the utility’s role in a major bribery scheme. Big investors continue to accuse FirstEnergy of hiding behind its lawyers
PJM states forging ahead to create a voluntary forward clean energy market
PJM Interconnection member states form a working group to develop a separate market to push ahead on clean energy goals, planning to have a strategy by the end of the year. The story >>
