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…
DetailsALL 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…
DetailsClean 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 >>
PJM Interconnection member states form a working group to develop a separate market to push ahead on clean energy goals, planning to have a strategy by the end of the year. 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
DetailsNATURAL 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,…
DetailsTwo ongoing lawsuits have forced Pennsylvania to skip seven carbon credit auctions since joining the Regional Greenhouse Gas Initiative in early 2022; a delay environmentalists say has cost the state $1.5 billion.
A Michigan Senate committee takes testimony on bills that would transition the state to 100% carbon-free electricity by 2040.
Why do changes in retail natural gas prices lag in wholesale natural gas prices? Mainly due to the nature of utility regulation. So far this year, monthly average natural gas wholesale spot prices at the U.S. benchmark Henry Hub have generally declined. Still, these relatively low prices have not immediately translated into lower retail prices…
Details