Energy and Natural Gas | Vice President Energy Markets, Analysis, and Standards @aga_naturalgas | Analysis and Insights 📈 | Views my own Washington, D.C.Joined March 2011
We would be having a very very different conversation about European energy and its gas demand if the EU had instead experienced two successive colder-than-normal winters.
We would be having a very very different conversation about European energy and its gas demand if the EU had instead experienced two successive colder-than-normal winters.
Why are U.S. natural gas prices so low right now?
One factor shaping the market is the surplus of gas in storage.
Storage helps utilities and others balance supply and demand across seasons.
U.S. gas inventories are currently 36.6% above the five-year average.
A new @ENERGY rule will eliminate #natgas systems from federal buildings in 2030, likely increasing energy consumption & emissions. This goes against gov investments in natural gas decarbonization and may limit low & zero-carbon energy options. More info: buff.ly/44dE3TK
Noting that the 2.4% represents an hour on one day, it is indicative of a big change.
What I see here is how natural gas enables renewables on the UK grid.
I see flexible gas generation ramping quickly and often to accommodate higher shares of variable renewables.
Noting that the 2.4% represents an hour on one day, it is indicative of a big change.
What I see here is how natural gas enables renewables on the UK grid.
I see flexible gas generation ramping quickly and often to accommodate higher shares of variable renewables.
The answer to "Does U.S. shale protect us from price spikes?" is not a simple yes or no.
It DOES protect us in that we are a major supplier, which softens price impacts from disruptions.
It DOES NOT protect us absolutely as if we were "energy independent" (which we aren't).
The answer to "Does U.S. shale protect us from price spikes?" is not a simple yes or no.
It DOES protect us in that we are a major supplier, which softens price impacts from disruptions.
It DOES NOT protect us absolutely as if we were "energy independent" (which we aren't).
These numbers are eye-popping.
The Texas electric grid operator (ERCOT) revised their electric load outlook by 40 GW due to "unprecedented and rapid load growth."
ERCOT's outlook shows electric load reaches 152 GW by 2030.
For comparison, all-time ERCOT peak demand is 86 GW.
Today the National Petroleum Council released two new studies detail critical role of natural gas in achieving significant emissions reductions by 2050. aga.org/news/news-rele…
Hey, folks in the DC area.
The annual NCAC-USAEE policy conference is next week at George Mason University.
I'm thrilled to moderate the session on tackling greenhouse gas emissions in the natural gas value chain.
Register here: ncac-usaee.org/event-5660036
Alternative hypothesis: there's a lot of new gas pipeline infrastructure coming down the pike to enable the rapid growth in demand coming in coming years, and the market is baking that in alongside very weak weather-driven demand this past winter.
Alternative hypothesis: there's a lot of new gas pipeline infrastructure coming down the pike to enable the rapid growth in demand coming in coming years, and the market is baking that in alongside very weak weather-driven demand this past winter.
$10 billion later - #natgas utilities continue to prioritize safety in the industry. Utilities take a number of steps to help maintain a longstanding record of safely & reliably delivering natural gas to homes and businesses across the nation. Learn more: buff.ly/3LlJYhz
This should really say "EU demand COULD fall..." not "will fall" as ACER's report estimates impacts IF current EU policy goals (REPowerEU) are achieved. Europe is currently falling behind these goals (but ahead of the older 'Fit for 55' policy scenario). So this is a really…
This should really say "EU demand COULD fall..." not "will fall" as ACER's report estimates impacts IF current EU policy goals (REPowerEU) are achieved. Europe is currently falling behind these goals (but ahead of the older 'Fit for 55' policy scenario). So this is a really…
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