Winter Storm Uri

Natural Gas Users Brace for Complications as Cold Hits Texas – Mexico Spotlight

Natural Gas Users Brace for Complications as Cold Hits Texas – Mexico Spotlight

Memories of Winter Storm Uri were fresh on the minds of natural gas buyers in Mexico as a cold front raced south through the United States and down into Texas. Mexico’s power grid operator Cenace warned that up to 9,000 MW of natural gas-fired power could be under stress due to limited natural gas supply.…

December 22, 2022
ERCOT Says Uri-Proofed for Winter, but Crypto Migration Adds ‘Significant Demand’

ERCOT Says Uri-Proofed for Winter, but Crypto Migration Adds ‘Significant Demand’

Following “aggressive grid management planning,” the Texas electrical grid is prepared to meet the winter 2022-2023 forecast peak demand of nearly 67.4 GW, the Energy Reliability Council of Texas (ERCOT) said. ERCOT late last month released its Seasonal Assessment of Resource Adequacy (SARA) report, in which it detailed the 87.3 GW of resources that are…

December 12, 2022
PJM Says Ready for Winter Energy Demand on Strengthened ‘Preparations and Processes’

PJM Says Ready for Winter Energy Demand on Strengthened ‘Preparations and Processes’

PJM Interconnection LLC, which serves 65 million across the Mid-Atlantic, said it is armed to combat winter, with adequate fuel and energy supplies to meet a forecast peak demand of about 137 GW. The regional transmission operator serves customers in Delaware, Illinois, Indiana, Kentucky, Maryland, Michigan, New Jersey, North Carolina, Ohio, Pennsylvania, Tennessee, Virginia, West…

December 5, 2022
Natural Gas Infrastructure Deemed ‘Critical’ in Texas Required to Weatherize by Dec. 1

Natural Gas Infrastructure Deemed ‘Critical’ in Texas Required to Weatherize by Dec. 1

Natural gas infrastructure considered “critical” by the state will be required to weatherize operations under rules approved Tuesday by the Railroad Commission of Texas (RRC).  Objections by consumer and watchdog groups failed to sway the three-member commission, which enacted the rules unanimously.  Critics in comments sent to RRC and in person at the open meeting…

September 2, 2022
Texas Enacts Rules for ‘Critical’ Natural Gas Infrastructure, but Enough to Prevent Another Uri?

Texas Enacts Rules for ‘Critical’ Natural Gas Infrastructure, but Enough to Prevent Another Uri?

Natural gas infrastructure considered “critical” by the state will be required to weatherize operations under rules approved Tuesday by the Railroad Commission of Texas (RRC).  Objections by consumer and watchdog groups failed to sway the three-member commission, which enacted the rules unanimously.  Critics in comments sent to RRC and in person at the open meeting…

August 31, 2022
FERC Still Probing Potential Natural Gas Market Manipulation During Winter Storm Uri

FERC Still Probing Potential Natural Gas Market Manipulation During Winter Storm Uri

An initial investigation by FERC that found some “anomalies” during Winter Storm Uri in February 2021 may have been caused by natural gas market manipulation, Chairman Richard Glick said Thursday. The Federal Energy Regulatory Commission is unable to probe some aspects of the possible illegal activity because the main Texas power grid, the Electric Reliability…

March 11, 2022
Global Power Outages, High Prices, Extreme Weather and Supply Chain Issues Arose in 2021

Global Power Outages, High Prices, Extreme Weather and Supply Chain Issues Arose in 2021

Extreme weather events, supply shortages, post-Covid-19 demand growth and technical failures gave rise to roughly 4% of the world’s population, roughly 350 million people, experiencing major power outages in 2021, according to IHS Markit researchers. IHS Markit analyst Rama Zakariasaid some of the largest outages occurred in regions with a relatively reliable supply of energy,…

February 8, 2022
Explosive Natural Gas Trading Precedes Arctic Front Barreling Across U.S.

Explosive Natural Gas Trading Precedes Arctic Front Barreling Across U.S.

No groundhogs were needed to convince natural gas traders that Old Man Winter was planning to stick around longer across the United States. A biting February forecast combined with strong storage withdrawals, potential supply disruptions and robust export demand to send March Nymex natural gas futures ballooning to $5.501/MMBtu, up 75.0 cents on the day.…

February 2, 2022
Oklahoma Natural Gas Consumers to See Uri Rate Relief

Oklahoma Natural Gas Consumers to See Uri Rate Relief

Oklahoma regulators approved to lower and extend the natural gas costs incurred by consumers following Winter Storm Uri last year when wholesale prices skyrocketed. The Oklahoma Corporation Commission (OCC) order in January allows the costs to be securitized under a law passed by the legislature after the deadly emergency event. Without the securitization, it is…

February 1, 2022
Oklahoma Natural Gas Customers to See Smaller Hike in Winter Storm Uri-Related Charges

Oklahoma Natural Gas Customers to See Smaller Hike in Winter Storm Uri-Related Charges

Weeks away from the one-year anniversary of Winter Storm Uri, Oklahoma regulators have approved a plan that would lower and extend the natural gas costs incurred by consumers following the deadly storm. The Oklahoma Corporation Commission (OCC) order issued earlier in January allows the costs to be securitized under a law passed by the state…

January 28, 2022
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