natural gas prices
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The direction FERC takes during President-elect Donald Trump’s second term is up in the air, but the commission may spend some of its time attempting to cut costs to consumers.
Grid Status
Answering the question isn’t easy, according to CAISO staff and other electric industry experts, who say that while batteries are having a notable impact, several factors complicate the narrative that they’re displacing gas on the grid.
NOAA
A colder winter is likely to bring higher electricity demand and drive up natural gas prices, FERC staff said in the commission's annual winter energy market assessment.
FERC, via Hitachi ABB Power Grids Velocity Suite
2023 began with a mild winter, setting the pace for a relatively quiet year in which natural gas and wholesale electricity prices dropped and the U.S. added a net 26 GW in generation capacity.
NYISO
NYISO’s Operating Committee voted to approve the results from the Expedited Deliverability Study (EDS) 2023-01 report that included 16 projects, two of which were found to be undeliverable.
Senate Energy and Natural Resources Committee
A Department of Energy official defended the Biden administration’s pause on processing LNG export facilities at a Senate hearing.
NYISO
NYISO's Business Issues Committee voted in favor of proposed tariff revisions that would provide all fast-start resources with their physical schedules for the day-ahead market.
FERC
Higher-than-average temperatures in the U.S. could reduce electricity and natural gas demand and help prevent shortfalls this winter, FERC staff said in the commission's Winter Energy Market and Electric Reliability Assessment.
Shutterstock
FERC approved an $11 million fine for BP America that closes an investigation into natural gas price manipulation dating back to Hurricane Ike in 2008.
S&P Global Commodity Insights
Falling natural gas prices and additional electric resources are among the bright spots in FERC’s Summer Energy Market and Electric Reliability Assessment.
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