Environmentalist and renewable energy groups have long battled against the legislative agenda of Dominion, which spent years as the top corporate donor in Virginia politics. The story >>
FirstEnergy, Ohio Edison, and Illuminating Company Customers will see their Electric Rates Double First Energy announced the results of their last auction for the utility rate and announced that the final utility rate for June 2023 through May 2024 would be 10.2 cents per kWh, almost twice what it had been the previous year. NATURAL…
NATURAL GAS IS STILL LOW, BUT WARNING SIGNS ARE ON THE HORIZON SUPPLY IS UP, BUT SO IS DEMAND. FirstEnergy Auction Results Almost Double FirstEnergy announced the results of its final three auctions last week. The final auction had five winning bidders and settled at $83.75. Along with the October 2022 auction at 122.20 and…
Data source: U.S. Energy Information Administration, Natural Gas Monthly U.S. exports of liquefied natural gas (LNG) averaged 10.6 billion cubic feet per day (Bcf/d) in 2022, increasing by 9% (0.8 Bcf/d) compared with 2021, according to our Natural Gas Monthly. The increase in U.S. LNG exports was driven by strong LNG demand in Europe, high international…
NATURAL GAS PRICING IS STILL LOW, BUT WARNING SIGNS ARE ON THE HORIZON Natural Gas: SUPPLY IS UP, BUT SO IS DEMAND. NATURAL GAS INDUSTRIAL DEMAND NATURAL GAS POWER BURN DEMAND EIA: NATURAL GAS STORAGE REPORT WEATHER: COOLER TEMPS INTO EARLY APRIL EXCEPT IN THE SOUTHEAST This Week’s National Weather Outlook: Most of the U.S. will…
In 2021, 26% of eligible U.S. customers participated in their state’s retail choice program, or 13.2 million U.S. residential electric customers, based on EIA’s Annual Electric Power Industry Report data. The participation rate in U.S. residential retail choice programs remained relatively unchanged from 2019 to 2021, following several years of modest growth. In states with…
Weather: FORECAST CALLS FOR BELOW NORMAL TEMPS, BUT THE NORMAL TEMP IS WARMER Several cold weather systems will sweep the US early this week, bringing a strong demand for natural gas. Temperatures will warm later in the week, easing demand, but colder-than-normal weather systems will return over most of the US for the weekend. HAVE…
The United States will likely need 47,300 GW miles of new transmission by 2035, a 57% increase compared to today’s transmission system under a moderate load growth-high clean energy growth scenario, according to a Department of Energy draft report. Read the complete details >>