NATURAL GAS PRODUCTION Gas Production continues to remain strong at 104 Bcf/d. This could result from Chesapeake Energy’s cutback in production, but that production slowdown is expected to take a few months to have an effect. RUSSIAN PIPELINES TO THE E.U. Believe it or not, some natural gas still flows from Russia to the E.U.…
A county in northeastern Ohio is set to decide on whether to ban large-scale wind and solar projects after receiving requests from multiple townships. The debate around the region’s future of solar and wind farms continues.
The FirstEnergy scandal in Ohio is just the tip of the iceberg in the resurgence of fraud and corruption in the U.S. utility sector. As companies aim to spend billions on clean energy initiatives, we must remain vigilant against unethical practices. #utilitysector #corruption #cleanenergy #ethics
Progress on building the power grid lags even as Congress wades through permitting reform bills and regulators advance measures to speed interconnection.
EIA NATURAL GAS STORAGE REPORT Only about five weeks are left in injection season, and we have solid storage numbers with a supply level of more than 22% over the five-year average. Expected storage by the end of injection season will be 1,800 Bcf, which is even better than last year’s numbers. NATURAL GAS TOTAL…
NATURAL GAS STORAGE The EIA reported a withdrawal of 49 Bcf out of underground storage for the week ending February 9, 2024, vs. an estimated withdrawal of 71 Bcf. Inventories are 2,535 Bcf, 255 Bcf or 11.2% more than the same period last year, and 348 Bcf or 15.9% more than the 5-year average. NATURAL…
EIA predicts that solar and battery storage will comprise 81% of new electric-generating capacity in the U.S. by 2024. This highlights the continued growth of renewable energy and its crucial role in powering the country.
State utility regulators are urging MISO and PJM to enhance their joint long-term interregional transmission planning to guarantee reliability in the face of increasing demand and renewables.