September natural gas is called 6 cents lower Friday morning at $2.61 as traders discount near-term weather and continued erosion of the storage surplus. Overnight oil markets fell.
Wind
Articles from Wind
Briefs — Duke Energy Carolinas; Wyoming Wind Power, Mexico
Duke Energy Carolinas (DEC) is in the early stages of planning to convert two coal-fired power generation units at its 1,387 MW Rogers Energy Complex (formerly the Cliffside Steam Station) in North Carolina’s Cleveland and Rutherford counties to co-fired generation — coal and natural gas — the company told NGI. The Charlotte, NC-based utility expects to have the modifications completed in 2019, but it hasn’t released cost estimates or other details. DEC’s plans appear to hinge on Public Service Company of North Carolina (PSNC) receiving approval from the North Carolina Utilities Commission (NCUC) for a proposal to expand its natural gas pipeline system to increase transportation capacity to the Rogers facility. PSNC is also being tightlipped about its plans. The agreement with DEC “is confidential in nature and a proprietary trade secret,” PSNC said in an NCUC filing [No. G-5, Sub 569].
Bulls Take A Breather; July Called 5 Cents Lower
July natural gas is expected to open 5 cents lower Friday morning at $2.57 as bulls consolidate their gains following Thursday’s hefty advance, and mull a vulnerable seasonal environment. Overnight oil markets fell.
Upside Risk Seen to Be Greater; June Called A Penny Higher
June natural gas is set to open a penny higher Friday morning at $2.05 as traders balance uninspiring weather patterns with a favorable technical landscape. Overnight oil market fell.
NatGas, Wind, Solar Accounting For Almost All New U.S. Generating Capacity, EIA Says
Wind accounted for the largest share of U.S. electric generation capacity additions in 2015, followed by natural gas and solar, according to a note published Wednesday by the Energy Information Administration (EIA).
Weak Cash NatGas Prompting Lower Futures, Analyst Says; April Called 2 Cents Lower
April natural gas is set to open 2 cents lower Friday morning at $1.62 as traders see a soft weather outlook and no indication of production restraint as leading prices lower. Overnight oil markets rose.
Market Still Groping For Bottom; March Called 2 Cents Lower
March natural gas is set to open 2 cents lower Friday morning at $1.83 as weather forecasts continue the trend of moderation with little in the way of market-moving developments on the horizon. Overnight oil markets fell.
Stay Short, Trader Says; March Seen A Penny Higher
March natural gas is expected to open up a penny Friday morning at $2.00 as traders see a weak pricing scenario going forward and suggest tweaking trading positions accordingly. Overnight oil markets rebounded.
No Change in Weather; January Sub $2
January natural gas is expected to open 5 cents lower Friday morning at $1.96 as the persistent drumbeat of mild temperature forecasts continues to overwhelm fundamental market shifts. Overnight oil markets fell.
Downward Trek Continues; November Called 4 Cents Lower
November natural gas is expected to open 4 cents lower Friday morning at $2.35 as traders see Thursday’s decline contrary to a bullish storage report as further evidence of overall market weakness. Overnight oil markets were mixed.