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.
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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
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
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
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
Oregon Coal Plant Closure Problematic For Planners, PGE CEO Says
More natural gas-fired power generation could be part of the future energy mix in Oregon, but it is not being swallowed easily by some stakeholders as they wrestle with what to do to replace a major coal-fired plant that is set to close in 2020, Portland General Electric (PGE) CEO Jim Piro said Friday.
February 21, 2017
Nixing Pipelines Pinches Power Generation, Economy, Lobby Group Says
The Consumer Energy Alliance (CEA), which is backed by a number of energy industry companies, released a report that says rejection of new pipeline infrastructure imperils U.S. power generating capacity, “…dangerously raising electric rates nationwide…”
January 17, 2017
Traders Mull Milder Weather, Longer-Term Bullish Factors; February Called 2 Cents Lower
February natural gas is set to open 2 cents lower Friday morning at $3.37 as traders incorporate milder weather into their forecasts but at the same time acknowledge bullish undercurrents. Overnight oil markets eased.
January 13, 2017
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