Battery Storage Set to Double in 2024
The EIA reports that battery storage is set to more than double this year!
The EIA reports that battery storage is set to more than double this year!
NATURAL GAS HEADLINES: STORAGE The market continued to rise with the onset of cold January weather. With below-average temps ready to cover most of the nation, demand for heat is expected to go up, and natural gas drilling in areas like South Dakota could see wellhead freeze-offs, affecting production. The market for prompt month Natural…
DetailsFederal energy regulators allow New England’s grid operator to delay a forward capacity auction scheduled for February 2025 by a year to update its accreditation methodology to reflect changing generation resources. The story >>
Exciting news for Ohio’s clean energy development! A $10 million federal grant will support economic development efforts in Ohio and neighboring states to help lure small- and medium-sized manufacturers specializing in the clean energy supply chain.
NATURAL GAS MARKET PRODUCTION Natural gas production remains strong, consistently broaching or approaching 105 Bcf daily. These are record production numbers. Due to the record oil production, we are also seeing added secondary natural gas production, a byproduct of oil drilling. FUTURE LNG EXPORT FACILITIES We will need that extra natural gas in the future…
DetailsNATURAL GAS: EIA Storage Report The last two storage reports have been either right on target or slightly above projections, and that has moved the pricing up just a bit, though it is still well below $3.00. It also looks like the weather will be closer to normal over the next 6-14 days, which will…
DetailsAn anonymously funded group is spreading misinformation about a proposed 120 MW Ohio solar project, including at a recent event featuring speakers with ties to fossil fuel and climate denial groups.
High Natural Gas Production: High production, mild winter weather, and its effect on demand have been the main drivers of Natural Gas and electricity pricing. We continue to see warmer-than-normal temperatures throughout the country and lower overall demand for natural gas than we did in 2022. We are approaching the market over the five-year average…
DetailsAs Maryland looks to expand its data center industry to compete with neighboring northern Virginia, it’s unclear if enough electricity can be generated to power the new sites.