PJM anticipates no reliability issues and minimal impacts to solar generation in its region, spanning 13 states and Washington, D.C., during the solar eclipse on October 14. The eclipse occurs when the moon passes between the sun and the earth and will be most visible on the morning of Oct. 14 in the western U.S.,…
It’s important to note that conditions change quickly in this ongoing conflict, and the market’s reaction remains to be seen.
NATURAL GAS: NYMEX 12-MONTH ROLLING STRIP (NOV-OCT) In September, natural gas demand fell sharply in all sectors, from residential and commercial to industrial. This is likely due to mild weather throughout the country and no actual heat demand until this last week. Below average temps are moving across the country, so look for higher heating…
As winter approaches, the energy industry in the United States closely monitors various factors that can influence natural gas pricing. One such factor that can significantly impact is the El Niño phenomenon. El Niño, characterized by the abnormal warming of sea surface temperatures in the equatorial Pacific Ocean, can disrupt weather patterns worldwide. Understanding El…
ALL ABOUT THE NATURAL GAS MARKET: NATURAL GAS: HIGH DEMAND The higher gas demand is coming from three places. The gas price in 2023 and 2024 has begun to dip just a bit (though it did go up last week), but further out, we are seeing pricing trend upwards in 2026, 2027, and 2028. This…
Clean energy project interconnection issues and continued use of trash incineration plants will make it hard for Maryland to reach its ambitious climate goals, even as the state receives federal funds for emissions reduction. The story >>
An energy supplier and a renewable natural gas developer agree to build and operate an RNG facility that captures landfill-emitted biogas in New Jersey’s Egg Harbor Township. #RNG #biogas #newjersey #energynews #biogasdevelopment #renewables #renewableenergy
NATURAL GAS DEMAND WITH EXPORTS Even though we now have record natural gas production, we also have record demand for natural gas. When you add in the LNG exports, current demand is above 2022 and 2021 and higher than the five-year average and the five-year average range. Demand and exports have been higher this summer,…