by Chris | May 25, 2021 | News
Natural gas-fired power generation in the United States declined through the first four months of 2021. According to the EIA, an average of 3,394 gigawatthours of electricity were generated daily by natural gas-fired power plants. This represents a 7% decline compared...
by Chris | Mar 2, 2021 | News
The nation’s energy infrastructure succumbed to enormous stress as extreme winter weather gripped the US in mid-February. According to S&P Global Market Intelligence, power disruptions impacted energy customers in Texas, Louisiana, Oregon, and Virginia....
by Alec | Feb 16, 2021 | News
As expected, ISO New England’s (“ISO-NE”) recent Forward Capacity Auction (“FCA”) 15 resulted in higher capacity clearing prices than FCA 14. The auction, consisting of five rounds of bidding, concluded on February 8th with preliminary clearing prices ranging from...
by Chris | Feb 2, 2021 | News
The US set a new record for daily wind electricity generation on December 23, 2020. According to the EIA, a total of 1.76 million MWh were generated from wind in the lower 48 states. The new record represented approximately 17% of the total daily US electricity...
by Alec | Jan 28, 2021 | News
According to S&P Global Market intelligence (S&P) data, 12,946 MW of power generating capacity in the US was retired in 2020, down from the 19,716 MW retired in 2019. Broken down by fuel type, shuttered coal plants made up the bulk of the retirements at 56.9%,...
by Alec | Jan 12, 2021 | News
Mild winter weather and the global COVID-19 pandemic drove natural gas prices in 2020 to the lowest annual average prices in several decades, averaging $2.05 per MMBtu at the national benchmark Henry Hub in Louisiana, according to EIA data. Natural gas demand for...
