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Market Snapshot: Week of January 10, 2023

In The News, Natural Gas, TPI Takeaway Market Snapshot, WeatherBy adminJanuary 10, 2023Leave a comment

Natural Gas News: Market Drops Auction Time First Energy’s second auction for electricity that will be part of their supply is scheduled for Jan. 10. With the recent slide in Natural Gas pricing, expect it to come in below the price from the last auction, which was 12.23 cents per kWh. 12-MONTH STRIP, ATC POWER…

USA Today: Worsening Weather As World Warms

In The News, WeatherBy adminJanuary 6, 2023Leave a comment

Climate change won’t make winter storms and blizzards go away. Scientists explain how intense winter weather like the blizzard that killed over two dozen people around Buffalo, New York, over the holidays could worsen as the world warms. https://www.usatoday.com/story/news/2022/12/27/buffalo-blizzard-climate-change-extreme-weather-events/10955920002/

Physical Attacks on Power Grid Surge to New Peak

Electriclty, Energy, In The NewsBy adminJanuary 5, 2023Leave a comment

The U.S. power grid saw more reported physical and computerized attacks in the first eight months of 2022 than the whole year before — a count that doesn’t include December incidents in North Carolina and Washington.

Grid Readiness – Latest Storm Sparks Debate

Electriclty, Energy, In The NewsBy adminJanuary 4, 2023Leave a comment

U.S. grid regulators are examining the fallout from a wave of extreme cold that knocked out power to more than 1.6 million U.S. customers over Christmas weekend and raised urgent questions about grid reliability.

Market Snapshot: January 3, 2023

In The News, TPI Takeaway Market Snapshot, WeatherBy adminJanuary 3, 2023Leave a comment

Natural Gas: $7.70 DOWN TO $4.15, THE MARKET KEEPS FALLING. MILD TEMPS AND FREEPORT LNG REOPENING DELAY ARE RESPONSIBLE. WEATHER: HIGHER THAN AVERAGE TEMPS STICK AROUND. The warmer weather, combined with the delay, yet again, of the reopening of the Freeport LNG facility, now delayed to mid-January, have sent prices spiraling down to $4.19 and…

Market Snapshot: Monday, December 19, 2022

EIA, Electriclty, In The News, Natural Gas, TPI Takeaway Market Snapshot, WeatherBy adminDecember 19, 2022Leave a comment

Henry Hub: Natural Gas Market GAS STORAGE ALMOST EQUAL TO LAST YEAR & THE FIVE-YEAR AVERAGE EAST WILL SEE HIGH DEMAND IN THE NEXT WEEK Electricity: FirstEnergy Auction FirstEnergy is holding its second and final auction for next year on January 10 and should be announced shortly after. The first auction in October 2022 came…

Don’t Mess With Texas (Grid)

Electriclty, Energy, In The NewsBy adminDecember 16, 2022Leave a comment

A consulting firm defends its analysis of Texas’ electric grid against criticism that its weather data did not include the 2021 winter storm that devastated the state’s grid. The story >>

Latest Ohio BH6 Scandal News

In The NewsBy adminDecember 15, 2022Leave a comment

A state audit earlier this year found FirstEnergy charged Pennsylvania customers $2.4 million in “inappropriate costs” related to an ongoing criminal investigation of the utility in Ohio.  The latest >>

Natural Gas Up 94% Year Over Year

In The News, Natural GasBy adminDecember 15, 2022Leave a comment

A new state report shows that Pennsylvania natural gas cost 94% more in the third quarter of 2022 than in the year-prior period, with less overall gas produced even with 42% more wells drilled.

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