In a market at the forefront of the energy transition, natural gas price signals in the western United States instead are incentivizing the construction of newbuild pipeline capacity, according to RBN Energy LLC. Markets west of the Permian Basin have struggled to consistently maintain adequate natural gas supplies for some time now, RBN analyst Jason…
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Drought Said Exacerbating Already Tight Power Market Conditions Across West
The shutdown of California’s 644 MW Edward Hyatt hydroelectric power plant because of insufficient water levels at the Oroville Dam reservoir is squeezing an already tight power market in the western United States, according to Moody’s Investors Services. On Aug. 5, the California Department of Water Resources took the plant offline. This has contributed to…
August 19, 2021
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