EIA: Natural Gas Pricing Expected To Decline in 2023-24
EIA forecasts lower wholesale U.S. natural gas prices in 2023 and 2024. Reach out to TPI to see how this could affect your energy spend going forward. The full story >>
Market Snapshot – For the Week of January 16, 2023
Natural Gas Market NEXT JANUARY’S PRICING REFLECTS MORE NORMAL JANUARY WEATHER. WEATHER CONTINUES TO DRIVE THE NATURAL GAS MARKET DOWN. EIA Natural Gas Storage Report Electricity News: FirstEnergy Auction Weather Mid Weather PJM BGE JANUARY 10TH PJM ADHUB JANUARY 10TH
DetailsPJM generators face up to $2B in penalties for failing to run during December’s Winter Storm Elliott
About 23.2% of PJM’s generating fleet was unexpectedly offline on December 24, mainly because of plant equipment that didn’t operate and fuel supply problems. Read More >>
EIA Natural Gas Storage Report
Prompt-month NYMEX natural gas was trading at $3.79/MMbtu in morning trading, up $0.12/MMbtu as of 12:45 p.m. ET.
Market Snapshot: Week of January 10, 2023
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…
DetailsUSA Today: Worsening Weather As World Warms
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/
DetailsPhysical Attacks on Power Grid Surge to New Peak
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
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.