Don’t Mess With Texas (Grid)
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
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 >>
DetailsNatural Gas Up 94% Year Over Year
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.
Cost concerns could blunt ‘promising’ utility trends on energy storage, smart meters, EVs: Deloitte
“Supply chain snags, rising costs and extreme weather are likely to continue plaguing the power sector,” Deloitte said. “But promising trends in innovation and investment, buoyed by recent legislation, can help the sector fulfill its mission.” The story >>
Market Snapshot: Monday, December 12, 2022
COLD FRONT TURNS THE NATURAL GAS MARKET UPWARD WEATHER: COLDER TEMPS, HIGHER DEMAND ON THE WAY. The cold front will cover the U.S. for at least 14 days, increasing heating demand and raising Natural Gas prices. NATURAL GAS STORAGE REPORT: EIA Electricity PJM BGE FORWARD POWER PRICING PJM ADHUB FORWARD POWER PRICING
DetailsReports: US scientists expected to announce long-awaited nuclear fusion breakthrough!
The experiment result would be a massive step in a decadeslong quest to unleash an infinite source of clean energy that could help end dependence on fossil fuels. Researchers have attempted to recreate nuclear fusion for decades – replicating the fusion that powers the sun. https://www.cnn.com/2022/12/12/politics/nuclear-fusion-energy-us-scientists-climate/index.html
DetailsOhio Senate Vote: Refine Green Energy
The Ohio Senate could vote today to redefine “green energy” to include natural gas and open gas drilling in state parks. The story >>
Market Snapshot: Monday, December 5, 2022
Natural Gas: Freeport LNG: Another production restart delay to year’s end Freeport LNG on Friday again delayed the restart of the second-biggest U.S. liquefied natural gas (LNG) export facility, moving its forecast for resuming processing to year’s end, pending regulatory approval. Freeport LNG shut the Texas plant on June 8 after an explosion and fire…
DetailsPJM Grid: Feds Approve Plan To Dig Out of Backlog
Federal energy regulators approve a “first-ready, first-served” interconnection review process for PJM Interconnection as the grid operator digs out of its backlog; new requests won’t be reviewed until early 2026. The full story >>
