Adequate

Canada’s National Energy Board (NEB) said in a report released Thursday that Canadian provincial electricity markets are adequately supplied. In Alberta, where supply has been relatively tight, the NEB noted that new generation capacity is being built.

Natural gas supply can be adequate for the expected demand in the future from power generators as well as LDCs, as long as rigs remain in the ground and the industry pays attention to indicators, according to Bruce Henning, director of Energy and Environmental Analysis Inc. (EEA) at the Energy Bar Association’s 55th meeting in Washington, D.C. last week

Land restrictions and the availability of adequate drilling services — including qualified personnel — pose the greatest challenge to increasing North American gas production, according to Ziff Energy Group’s Third Annual Gas Industry Survey, unveiled in Houston at the North American Gas Strategies Conference. Ironically, last year’s biggest challenge was considered to be low prices.

Despite sharply higher gas prices and an apparent struggle to maintain adequate supply levels, gas producers have more than enough reservoir targets and they are continuing to expand the nation’s gas resource base, according to a biennial report released yesterday by the Potential Gas Committee (PGC). However, committee officials warned that some energy policy changes are needed for the industry to continue expanding the resource and to meet burgeoning demand.

Land restrictions and the availability of adequate drilling services — including qualified personnel — pose the greatest challenge to increasing North American gas production, according to Ziff Energy Group’s Third Annual Gas Industry Survey, unveiled in Houston yesterday at the kickoff of its North American Gas Strategies Conference. Ironically, last year’s biggest challenge was considered to be low prices.

Mexican officials are working to add 10 new power generationprojects this year alone to guarantee the country has an adequatesupply of electric power through 2006. Energy Minister ErnestoMartens said that based on current capacity and ongoing projects,the country only has sufficient power to meet its growth demandthrough 2004.

Although natural gas stocks are below the five-year average,Energy Information Administration (EIA) and industry officials tolda Senate committee yesterday that the nation was not facing asupply crisis of a magnitude that could leave some customerswithout gas this winter.

Natural gas pipeline capacity appears “adequate” to meet mostpeak-day demands as the nation heads into the 2000-2001 winterheating season, assuming the weather is average. But there are someareas where capacity constraints and bottlenecks could crop up —most notably in the Northeast region, according to a new report bythe Energy Information Administration (EIA).

Natural gas pipeline capacity appears “adequate” to meet mostpeak-day demands as the nation heads into the 2000-2001 winterheating season, assuming the weather is normal. But there are someareas where capacity constraints and bottleneck problems could cropup – most notably in the Northeast region, according to a newreport by the Energy Information Administration (EIA).