Natural gas fixed forward prices all followed Nymex futures lower this week, but a couple of points posted even sharper declines as mild forecasts and the earlier-than-normal return of nuclear generation added pressure to those markets.
Algonquin
Articles from Algonquin
Deja Vu All Over Again: Physical NatGas, Futures Post Losses
Physical gas for Monday delivery showed its typical over-the-weekend pattern of declining prices as traders elected to make any spot purchases of gas on an as-needed basis.
Algonquin Incremental Market Expansion Gets FEIS
FERC staff on Friday issued a final environmental impact statement (FEIS) for Algonquin Gas Transmission LLC’s proposed Algonquin Incremental Market (AIM) pipeline gas expansion project.
New York to Hold Public Hearings on Permits for Algonquin Expansion
The New York Department of Environmental Conservation (DEC) has scheduled two public hearings this month to discuss Algonquin Gas Transmission LLC’s proposed Algonquin Incremental Market (AIM) natural gas expansion project.
Spectra Targeting Power Generators With Additional New England Capacity
Increasing demand from gas-fueled power generation has prompted Spectra Energy Corp. and Spectra Energy Partners to expand the Algonquin Gas Transmission and Maritimes & Northeast pipeline systems, the companies said Tuesday, with plans to add up to 1 Bcf/d of power generation-dedicated capacity.
New England States Looking to Further Expansions of Algonquin
A nonprofit organization that represents the six New England states on regional electricity issues has asked FERC to conduct an expanded analysis of Algonquin Gas Transmission’s Incremental Market (AIM) expansion project to encompass potential further expansions in the future.
EIA: New Marcellus Capacity to Keep New England Waiting
Multiple pipeline expansions expected to come online between now and 2015 in the Northeast will take more gas out of the Marcellus Shale, but they won’t do much to alleviate winter price spikes in New England, according to the Energy Information Administration (EIA).
Marcellus Takeaway Capacity Significantly Increasing On Friday
Beginning Friday, New Jersey and New York customers on Williams’ Transcontinental Gas Pipe Line (Transco), for the first time on a large scale will have direct access to Marcellus Shale natural gas in their own backyards, thanks to the second phase of Transco’s Northeast Supply Link.
EPA Touts Algonquin AIM Project’s ‘Air Quality Benefits’
The Environmental Protection Agency’s (EPA) office in New England says it appreciates the air quality benefits that will accrue from Algonquin Gas Transmission’s Incremental Market (AIM) expansion slated to bring 342,000 Dth/d to the region, while at the same time expressing some concerns about other potential environmental impacts.
Northeast Power Grid Needs More Gas, Experts Say
Reliability and peak demand in New England could be compromised without a more robust natural gas market and infrastructure build out in the region, according to officials from the gas and power sectors.