Generation

Traders See Limited Upside; August Called 3 Cents Lower

August natural gas is set to open 3 cents lower Friday morning at $3.01 as overnight near-term weather models moderated, and traders see little in the way of upside potential. Overnight oil markets eased.

July 21, 2017
Arizona Coal-Fired Plant Closing in 2019, Pressured by Abundant Natural Gas

Arizona Coal-Fired Plant Closing in 2019, Pressured by Abundant Natural Gas

The Navajo Nation Council on Tuesday approved an agreement to continue operating the massive Navajo Generating Stations (NGS) in Arizona through 2019, after which the plant would be retired, another closure related to cheap natural gas supply.

June 28, 2017

Natural Gas Playing ‘Important Role’ to Limit Global Emissions, Says IEA

Natural gas-fired power generation may be buffeted by increasing competition from renewables and nuclear capacity additions worldwide, but don’t count it out as it will continue to play a key role for decades in reducing worldwide emissions, according to the International Energy Agency (IEA).

June 6, 2017

NatGas Squeezed in California Climate Change Push, Say Edison Execs

Between aggressive carbon-reduction measures and a ban on using coastal waters for generation plant cooling, natural gas-fired electric generation will increasingly play a smaller role in California’s power mix, executives at Edison International (EI) said Monday during a quarterly earnings conference call.

May 4, 2017

Bears Take A Breather; May Seen Flat

May natural gas is set to open unchanged Tuesday morning at $3.06 as traders see the market requiring new input if the near-term trend lower is to continue. Overnight oil markets weakened.

April 25, 2017

Traders Have $3.05 Futures In Sight; May Called Flat

May natural gas is set to open unchanged Friday morning at $3.16 as traders factor in highly variable weather and see technical support levels intact for the moment. Overnight oil markets were narrowly mixed.

April 21, 2017
CPP or Not, NatGas Seen as Critical in Power Generation Future, Study Finds

CPP or Not, NatGas Seen as Critical in Power Generation Future, Study Finds

Natural gas has played and will continue to play a critical role in power generation within the United States, regardless of what the Trump administration does with the Clean Power Plan (CPP), according to a new study conducted by Pace Global and commissioned by the Natural Gas Supply Association (NGSA).

April 21, 2017
Henry Hub to Average $3.10 This Year, $3.45 in 2018, EIA Forecasts

Henry Hub to Average $3.10 This Year, $3.45 in 2018, EIA Forecasts

The Energy Information Administration’s estimated 2017 average Henry Hub spot price, which had tumbled 12% in the agency’s March Short-Term Energy Outlook (STEO), took an upturn in the April report, rising to $3.10/MMBtu, a 2.2% increase compared with the previous forecast.

April 11, 2017
EIA Sees Henry Hub Averaging $3.10 This Year, $3.45 in 2018

EIA Sees Henry Hub Averaging $3.10 This Year, $3.45 in 2018

The Energy Information Administration’s estimated 2017 average Henry Hub spot price, which had tumbled 12% in the agency’s March Short-Term Energy Outlook (STEO), took an upturn in the April report, rising to $3.10/MMBtu, a 2.2% increase compared with the previous forecast.

April 11, 2017

‘Trend Is Still Up,’ Traders Say; May Called 4 Cents Higher

May natural gas is expected to open 4 cents higher Friday morning at $3.23 as traders adjust their forecasts to accommodate incremental heating. Overnight oil markets eased.

March 31, 2017