Wholesale

The latest seasonal outlook from the Natural Gas Supply Association (NGSA) predicts that the wholesale gas market will be similar to that of last year. The effect on prices of demand increases driven by an improving economy is likely to be offset by growing supply, the trade group said.

Even with depressed wholesale prices, the North American natural gas industry still carries a need for robust “new and different” infrastructure, according to San Diego-based Sempra Energy CEO Donald Felsinger, who commented on the industry outlook as part of a third quarter earnings conference call last Monday. The new gas plays in North America make new pipeline and storage facilities a necessity, Felsinger said.

Even with depressed wholesale prices, the North American natural gas industry still carries a need for robust “new and different” infrastructure, according to San Diego-based Sempra Energy CEO Donald Felsinger, who commented on the industry outlook as part of a third quarter earnings conference call Monday. The new gas plays in North America make new pipeline and storage facilities a necessity, Felsinger said.

Natural gas wholesale prices, along with those of other fossil fuels, are a major factor that continues to bedevil planners at the Northwest Power and Conservation Council as they attempt to finalize the organization’s sixth Power Plan, according to report on the draft plan given to council representatives at their monthly meeting last week.

Natural gas wholesale prices, along with those of other fossil fuels, are a major factor that continues to bedevil planners at the Northwest Power and Conservation Council as they attempt to finalize the organization’s sixth Power Plan, according to report on the draft plan given to council representatives at their monthly meeting Wednesday in Sun Valley, ID.

The price level wholesale natural gas settles into could have an impact on the mix of renewable-based electric generation developed in the future, a panel of utility industry top executives said last Tuesday at the Bank of America Merrill Lynch Power & Gas Leaders Conference in New York City. Wind can be the most price-competitive, and solar is the most costly right now, the executives said.

The price level wholesale natural gas settles into could have an impact on the mix of renewable-based electric generation developed in the future, a panel of utility industry top executives said Tuesday at the Bank of America Merrill Lynch Power & Gas Leaders Conference in New York City. Wind can be the most price-competitive, and solar is the most costly right now, the executives said.

FERC has given Houston-based Vista Energy Marketing LP (VEM) approval to sell wholesale electricity at market-based rates following the agency’s months-long investigation into past wrongdoing of two key officials.

Xcel Energy asked regulators in Colorado to let it lower its natural gas rates to reflect a 24% drop in wholesale commodity costs in July for its residential and small business utility customers. Bills for the month should be down by 12% and 24% for residential and small business customers, respectively.