State utility regulators are ramping up oversight of retail electric markets, with recent actions ranging from Massachusetts resuming its review of customer protections to…Read the full report…...
State utility regulators are ramping up oversight of retail electric markets, with recent actions ranging from Massachusetts resuming its review of customer protections to Maryland implementing reforms to market rules.
President Donald Trump on Feb. 14 signed an executive order establishing a council to guide the U.S. towards energy dominance. The National Energy Dominance Council is tasked with providing advice on how best to exercise the President’s authority to increase domestic energy production, including recommending a strategy with long-range goals for achieving energy dominance by…...
The U.S. Energy Department on Feb.14 announced a new export authorization for the Commonwealth LNG project. Following the approval, Commonwealth LNG is now able to export LNG to non-free trade agreement (FTA)countries from the proposed Commonwealth LNG project. The authorization is the first major U.S. liquefied natural gas (LNG) project to receive an export authorization…...
The benchmark Henry Hub spot price is expected to average $3.80 per million British thermal units (MMBtu) during 2025, according to the U.S. Energy Information Administration’s February Short Term Energy Outlook. This is about 20 percent higher than the previous forecast. The increase in the natural gas price forecast can be attributed to a cold…...
Mid-January’s colder-than-normal temperatures across much of the U.S. drove higher natural gas consumption, leading to the fourth-largest weekly withdrawal from storage in the Lower 48 states, according to an Feb. 10 report published by the U.S. Energy Information Administration. During the week ending Jan.24, stocks declined by 321 billion cubic feet (Bcf), which was around…...
Oil and coal were utilized in the electricity generation mix in New England, due to curtailed generation from natural gas fired power plants from January 18 to January 22, 2025 according to a Feb. 5 report published by the U.S. Energy Information Administration. Below seasonal normal temperatures in the eastern U.S. during the week of…...
The Florida Public Service Commission on Feb. 4 approved the demand-side management plan of Peoples Gas System to incentivize residential and commercial customers to reduce gas consumption and utilize energy-efficient technology. The plan is designed to meet the utility’s cumulative savings goal of 8.0 million therms for the 2025-2034 period and is estimated to cost…...
The average natural gas spot price at the majority of the main trading hubs in the Lower 48 states declined during 2024 compared to the previous year in real terms, according to an Feb. 3 report published by the U.S. Energy Information Administration. The price decline can be attributed to mild winter temperatures, robust U.S…....
Natural gas fired electricity generation has risen in Pennsylvania since 2013, according to a Jan. 29 report published by the U.S. Energy Information Administration. During October 2024, natural gas fired generation accounted for 57 percent of the power produced in the state, over double the share compared to October 2013. Over the last decade, natural…...
U.S. wholesale and retail propane prices have traded higher so far this winter heating season compared to the previous year, according to an Jan. 28 report published by the U.S. Energy Information Administration. The higher prices witnessed so far this winter can be attributed to colder weather during January and higher exports. The price increase…...
The New York State Public Service Commission has directed additional actions for New York State Electric & Gas Corporation and Rochester Gas and Electric Corporation to in the next three years as part of their long-term natural gas plan. The commission issued an order directing the companies to propose pilot demand response programs, provide information…...
