European natural gas usage has been on a downward trend since mid-2022, according to a July 23 report published by the U.S. Energy Information Administration. The decline in natural gas usage can be attributed to lower demand due to milder winters and government policies directed at reducing gas usage. Natural gas usage across Europe declined…...
A growing number of utility regulators across U.S. states are reviewing natural gas planning strategies to consider the effects of decarbonization and electrification policies on the gas system. Amid shifting policy and changing market conditions, regulators are exploring…Read the full report …...
A growing number of utility regulators across U.S. states are reviewing natural gas planning strategies to consider the effects of decarbonization and electrification policies on the gas system. Amid shifting policy and changing market conditions, regulators are exploring new tools to evaluate gas infrastructure investments.
Global Liquified Natural Gas (LNG) trade rose by 3.1 percent year-on-year during 2023 to an average of 52.9 billion cubic feet per day (Bcf/d), according to a July 11 report published by the U.S. Energy Information Administration. The increase in LNG trade can be attributed to rising natural gas demand and increased infrastructure capability to…...
U.S. energy consumption declined one percent year-on-year during 2023 to 94 quadrillion British thermal units (quads), according to a July 3 report published by the U.S. Energy Information Administration. Fossil fuels, which consist of coal, natural gas and petroleum accounted for around 83 percent of total U.S. energy consumption. Non fossil fuels, which consist of…...
Constellation Energy has shut down its Mystic Generating Station, a natural gas-fired power plant located in Massachusetts. Mystic is one of the nation’s oldest power plants that has supplied electricity to the Boston area since the 1940s, according to a June 24 report from the U.S. Energy Information Administration. The company retired the Mystic plant…...
The U.S. Senate last week approved President Biden’s three nominees to serve on the Federal Energy Regulatory Commission (FERC) bringing the agency to its full complement of five commissioners. Industry and clean energy groups welcomed the move saying that a fully staffed commission is crucial to address challenges posed by an aging electric grid, the…...
The average price of U.S. natural gas declined during 2023 compared to 2022 and became less volatile, according to a June 4 report published by the U.S. Energy Information Administration. Price volatility increased during 2022, following the Russian invasion of Ukraine and the cessation of Russian pipelined gas to Europe. The Russian invasion of Ukraine,…...
U.S. natural gas usage for power generation during summer 2024 is forecast to reach close to the record volume consumed last year, according to a May 30 report published by the U.S. Energy Information Administration. The agency projects that U.S. natural gas usage for power generation will average 44.7 billion cubic feet per day (bcfd)…...
Meteorologists are predicting a stronger hurricane season this year, which elevates risk for weather associated production disruptions in the U.S. natural gas and oil sectors, according to a May 22 report published by the U.S. Energy Information Administration. Reports from AccuWeather are forecasting around 20 to 25 storms this year, with a likelihood of around…...
Hourly natural gas fired power generation in Texas rose to 49.4 gigawatts (GW) for the hour starting 7pm on Jan. 16, 2024, according to a May 16 report published by the U.S. Energy Information Administration. This was one percent more than the preceding winter high of 48.8 GW recorded on December 23,2022 and around four…...
The notion that natural gas serves as a transition fuel to a low-carbon future has been challenged by a number of studies indicating that emissions of methane, the primary component of natural gas, significantly contributes to global warming. Methane is 80 times more potent than…Read the full report …...