NATURAL GAS: FROM $9.35 IN SEPTEMBER TO $3.11 IN JANUARY, THE NYMEX HAS FALLEN FAR THE MARKET REMAINS VOLATILE ON COMPETING INDICATORS. A WARMER FORECAST IN THE EAST REDUCES THE DEMAND FOR ELECTRICITY AND NATURAL GAS NATURAL GAS: FUTURES PRICING FOR THE NEXT YEAR HAS COLLAPSED The market for future months has dropped by about…
The company wants to bring its annual domestic manufacturing capacity to 10.6 GW by 2025. The story >>
Natural gas-fired power plants generated 2% of the electricity produced in Pennsylvania in 2001. Over the next 20 years, natural gas-fired generation in the state will increase rapidly, reaching 52% in 2021. Natural gas displaced most coal-fired generation, which fell from 57% of the electricity generated in Pennsylvania in 2001 to 12% in 2021. Natural…
The average cost for generators to connect to the grid in the PJM Interconnection soared from 2020 to 2022 compared to previous two-year intervals, driven mainly by network upgrades beyond the interconnecting substation, according to a study released Thursday by the Lawrence Berkeley National Laboratory. Read the complete story >>
Natural Gas: WE MAY HAVE HIT BOTTOM, AND COLDER WEATHER COULD BRING PRICES BACK THE MARKET REMAINS VOLATILE ON COMPETING INDICATORS. What Is Henry Hub?Henry Hub is a natural gas pipeline located in Erath, Louisiana, that serves as the official delivery location for futures contracts on the New York Mercantile Exchange (NYMEX). EIA NATURAL GAS…
In the Energy Information Agency’s latest Short-Term Energy Outlook, they expect that increased U.S. power generation from new renewables capacity—primarily wind and solar—will reduce generation from coal-fired and natural gas-fired power plants in 2023 and 2024. With the new solar and wind projects coming online this year, the EIA forecasts these two energy sources will…
EIA forecasts lower wholesale U.S. natural gas prices in 2023 and 2024. Reach out to TPI to see how this could affect your energy spend going forward. The full story >>
Natural Gas Market NEXT JANUARY’S PRICING REFLECTS MORE NORMAL JANUARY WEATHER. WEATHER CONTINUES TO DRIVE THE NATURAL GAS MARKET DOWN. EIA Natural Gas Storage Report Electricity News: FirstEnergy Auction Weather Mid Weather PJM BGE JANUARY 10TH PJM ADHUB JANUARY 10TH
About 23.2% of PJM’s generating fleet was unexpectedly offline on December 24, mainly because of plant equipment that didn’t operate and fuel supply problems. Read More >>
