PJM TRACKER: Power prices up nearly 200% as gas price rise pushes up forwards PJM Interconnection wholesale power prices increased by nearly 200% at some hubs in October on year and between 20% and 30% on month due largely to higher natural gas prices, while forward power prices continued to strengthen over the winter months. … Continue reading PJM TRACKER: Power prices up nearly 200% as gas price rise pushes up forwards→
CenterPoint Energy Announces Sale of CenterPoint Energy Services Business to Energy Capital Partners – Sale supports further emphasis on CenterPoint Energy’s core utility operations – ECP to support CES’ continued focus on providing the highest level of customer service – Transaction is expected to close in Second Quarter HOUSTON, Feb. 24, 2020 /PRNewswire/ — CenterPoint … Continue reading #CenterPoint+Energy Announces Sale of CenterPoint Energy Services Business to #Energy_Capital_Partners→
U.S. power prices soar, gas use peaks in frigid start to year (Reuters) – Power and natural gas prices in several U.S. regions jumped to their highest in years on Tuesday as gas use hit an all-time high due to arctic weather blanketing much of the country. Gas demand in the lower 48 U.S. states … Continue reading U.S. power prices soar, gas use peaks in frigid start to year→
Gas industry, manufacturers push back on efforts to re-regulate Ohio electricity markets Ohio electric customers could lose billions in savings each year if the state’s electric generation market moved back to monopoly power, researchers and others stressed earlier this week at a conference in Columbus. “Going forward, there’s about $3 billion in savings that will … Continue reading Gas industry, manufacturers push back on efforts to re-regulate #Ohio electricity markets→
ERCOT: Gas generation falls to 36% of state power mix in October New data released by ERCOT shows a marked decline in gas generation, from 49.1% of the state’s generation in August to 36.7% last month. In that same period, wind has risen from 9.4% of generation to 17%. And peak loads are generally increasing. … Continue reading ERCOT: Gas generation falls to 36% of state power mix in October→
Innotap is participating in the LDC Gas Northeast Forum at the Westin Copley in Boston, MA, June 6-8. Jack Maydick, Innotap’s head of North American Sales and Marketing, is moderating the Gas Buyers Panel.
CONVERSION WILL ENSURE THAT B.L. ENGLAND PLANT BURNS CLEAN The New Jersey Department of Environmental Protection recently held a hearing on the modification of RC Cape May Holdings LLC’s formerly approved air permit to convert its coal and oil-fired power plant in Beesley’s Point to one that uses natural gas to generate electricity. RCCM received … Continue reading CONVERSION WILL ENSURE THAT B.L. ENGLAND PLANT BURNS CLEAN→
Wind power prospects may hinge on gas price, government Fresh government support and growing interest from the utility industry is building expectations that wind power will thrive in the U.S. in coming years. Among the latest such assessments is a new report from Fitch Ratings, which sees the industry steadily expanding its share of the … Continue reading Wind power prospects may hinge on gas price, government→
Coal power declines in Southwest Power Pool, aided by cheap gas, wind Generation in the Southwest Power Pool is becoming more efficient and clean, and it’s being helped along by gas prices which have remained low all year. The grid operator said in a market report released in December that natural gas at the Panhandle … Continue reading Coal power declines in Southwest Power Pool, aided by cheap gas, wind→
Texas wind sets new records as gas, coal, nuclear generation shares decline Natural gas and wind energy increased in significance for the Texas grid operator in 2015 as coal’s share of the generation mix continued to decline. The natural gas share of ERCOT’s electricity generation fell to 44.5% in November from 47.9% in October. It … Continue reading #Texas wind sets new records as gas, coal, nuclear generation shares decline→
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