Articles tagged power demand

October Nymex natural gas futures took another stab at the upside early Wednesday. Still, gains were likely to be hard-won as the market wrestled with changing fundamentals and searched for the next major price catalyst.

October Nymex natural gas futures gave back most of their prior-day gains after shuffling on either side of the settlement through early afternoon trade on Wednesday.

Relatively high coal stocks at U.S. power generators could indirectly influence natural gas demand this fall if gas prices rise and tilt costs more in favor of coal.

Continued production curtailments and rising electric power sector demand are expected to drive Henry Hub natural gas prices higher through the end of 2024 and lead to production growth in 2025, according to updated federal forecasts.

Natural gas generation capacity in Texas is set to soar by 2030, necessitating the need to incentivize a bigger generation build out, according to top Texas officials.

Mexico’s recent widespread blackouts serve as a warning in failed policies for the current and incoming governments, but solutions are available, experts said Thursday. 

FERC acted to revamp the entire U.S. transmission grid to prepare for extreme climate threats and face the challenge of growing power demand – including for natural gas-fired generation – via a rulemaking that outlines how to plan and pay for facilities. Still to come are the legal battles.