Natural gas futures fizzled midweek but held comfortably above $9 as bulls remained largely in control of the market. The September Nymex gas futures contract settled Wednesday at $9.244/MMBtu, off 8.5 cents day/day. October futures slid 8.3 cents to $9.228. At A Glance: Bullish supply/demand balances intact Storage injection seen below-average Spot gas prices continue…
Articles from Caiso
The California Public Utilities Commission (CPUC) on Thursday approved a series of actions to reduce the risk of power outages during extreme heat events, including possible increased natural gas-fired generation from existing plants. Following prolonged heat waves across the western United States in 2020 and 2021, the measures aim to reduce energy demand and increase…
PJM Interconnection, the largest U.S. power grid operator, is forecasting adequate supply to meet the electricity needs of its 65 million customers this summer. PJM, which serves 13 states and the District of Columbia, expects peak demand of about 149,000 MW this summer, but it has performed reliability studies at loads in excess of 155,000…
FERC has authorized the California grid operator to make permanent its four-year-old natural gas maximum burn constraint to avoid future shortages from continuing limits on the state’s largest gas storage facility at Aliso Canyon.
California regulators have approved plans outlined late last year by Pacific Gas and Electric Co. (PG&E) to replace at least three Bay Area natural gas-fired peaking plants with battery storage and to add batteries at an existing gas-fired plant at Moss Landing, CA.
Among hundreds of new laws signed by Gov. Jerry Brown last month are two that continue California’s push away from natural gas-fired generation to support the state’s aggressive efforts to combat the ill effects of climate change.
Demand for natural gas from power generators may approach record highs this summer, and reserve margins are expected to be adequate in most regions, but some familiar problems could make the Southern California and Electric Reliability Council of Texas (ERCOT) areas problematic, according to FERC data released Thursday.
California regulators on Thursday took two actions to further its long-term renewable energy strategy, approving a plan to close the last major nuclear generation plant and agreeing to replace several natural gas-fired peaking units.
California regulators on Wednesday asked Pacific Gas and Electric Co. (PG&E) to determine if storage and/or other alternatives to fossil fuel could replace three natural gas-fired peaking plants.
Although the forecast for the coming winter is for above-normal temperatures and average participation, California’s grid operator is concerned about potential constraints in natural gas infrastructure, as well as limits imposed by identified power transmission maintenance and enhancement work.