The Energy Information Administration’s (EIA) Short-Term Energy Outlook for July pretty much mirrors its June outlook, with the agency projecting an annual increase of 4.3% in natural gas consumption and nearly flat production. It expects average spot prices in the third quarter to be slightly more moderate than those in the second quarter due in part to an anticipated return of near-normal weather.
Articles from Projecting
Projecting that linepack on its California Gas Transmission system would rise to well above its maximum target levels by Friday, Pacific Gas & Electric issued a systemwide Stage 2 high-inventory OFO for Wednesday. Penalties of $1/Dth were set for customers who exceed an 8% tolerance on positive daily imbalances.
Projecting that its linepack would rise above maximum target levels from Saturday through Monday, Pacific Gas & Electric issued a systemwide Stage 2 high-inventory OFO for Saturday, setting penalties of $1/Dth for exceeding an 11% tolerance on positive daily imbalances.
Projecting that its California Gas Transmission system linepack would rise above maximum target levels over the weekend, Pacific Gas & Electric issued a systemwide Stage 2 high-inventory OFO for Saturday. It set penalties of $1/Dth for exceeding a 10% tolerance on positive daily imbalances.
The Northeast Power Coordinating Council (NPCC) last Wednesday released the results of comprehensive reliability assessments, projecting the region will have adequate supplies of electricity and will meet its system reliability criteria this summer under normal summer weather conditions.
Projecting that linepack would rise above its maximum target levels Thursday through Saturday, Pacific Gas & Electric declared a systemwide Stage 2 high-inventory OFO for Thursday. Penalties of $1/Dth will apply to positive daily imbalances exceeding a 5% tolerance.
Energy Security Analysis Inc. (ESAI) is projecting a $38 billion investment in wind generation in the U.S. over the next 10 years, which will be driven by renewable portfolio standards (RPS) that have passed into law in 19 states. The standards require utilities to purchase a designated percentage of their energy from renewable energy resources.
Projecting natural gas wellhead prices, and basically anything else concerning natural gas, hasn’t been easy for the Energy Information Administration (EIA). In fact, forecasting consumption, production and prices for just about any other energy commodity has been easier.