U.S. Natural Gas Supplies High, Prices at Record Low

Credit to Author: Aaron Larson| Date: Thu, 14 Mar 2024 16:58:20 +0000

The winter heating season, which is often defined as November through March in the U.S., is coming to an end with natural gas inventories 37% above the five-year average, according […]

The post U.S. Natural Gas Supplies High, Prices at Record Low appeared first on POWER Magazine.

Fig1-Henry-Hub-natural-gas-spot-price-1997-2024

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The Importance of Accurate Weather Prediction for Power Operations

Credit to Author: Aaron Larson| Date: Fri, 01 Dec 2023 05:14:13 +0000

Power companies need precise weather forecasts for a variety of reasons. Several companies specialize in providing the type of weather information utilities need to accurately predict resource availability and

The post The Importance of Accurate Weather Prediction for Power Operations appeared first on POWER Magazine.

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Gas Power Outlook: Gas Turbines Will Play a Vital Role in Decarbonization

Credit to Author: Contributed Content| Date: Mon, 03 Apr 2023 04:12:00 +0000

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Natural gas–fired power generation has seen its ups and downs over the past couple of decades. In some cases, highly efficient combined cycle units were taken offline because they just weren’t needed. But

The post Gas Power Outlook: Gas Turbines Will Play a Vital Role in Decarbonization appeared first on POWER Magazine.

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S&P cuts PH growth forecast to 6.1%

Credit to Author: Mayvelin U. Caraballo, TMT| Date: Wed, 19 Feb 2020 17:37:23 +0000

S&P Global Ratings has trimmed its growth outlook for the Philippine economy this year as it believes the coronavirus disease 2019 (Covid-19) outbreak will weaken the country’s supply chains. The credit rating agency now projects Philippine gross domestic product (GDP) to expand by 6.1 percent, lower than its previous forecast of 6.2 percent. The updated […]

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