Henry Hub Daily Natural Gas Spot Price Fell to Record Lows in February

Credit to Author: US Energy Information Administration| Date: Wed, 06 Mar 2024 21:28:42 +0000

The U.S. benchmark Henry Hub daily natural gas price averaged $1.50 per million British thermal units (MMBtu) on February 20, … [continued]

The post Henry Hub Daily Natural Gas Spot Price Fell to Record Lows in February appeared first on CleanTechnica.

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How Utilities Can Save Customers Billions of Dollars

Credit to Author: RMI| Date: Fri, 20 Jan 2023 06:00:17 +0000

If utilities modernize the way they select the resources they run each day, they can save carbon and reduce energy prices. Over the past three years, energy market prices have been exceptionally volatile. Natural gas prices spiked then tanked at the end of 2019 and wholesale market prices followed. When COVID-19 lockdowns were enacted, energy […]

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Massive Hike In Natural Gas Prices To Dramatically Accelerate The Pace Of Change In Utility Industry

Credit to Author: Paul Fosse| Date: Wed, 06 Jul 2022 11:10:14 +0000

The economics of providing electricity to consumers using wind & solar has changed in the last year with soaring natural gas prices. This piece was inspired by a Facebook post by the Sierra Club that pointed me the the NextEra Investor Conference a couple of weeks ago. There has been a lot written about the […]

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European Gas “Crisis” Has Global Ripple Effects

Credit to Author: Nexus Media| Date: Sun, 26 Jun 2022 03:50:41 +0000

Germany activated the “alarm stage,” phase two of three of the country’s emergency methane-based gas plans, on Thursday after Russia’s Gazprom throttled deliveries by 60%. Phase three would allow the government to implement energy rationing. German economic minister Robert Habeck told reporters the cutbacks were a direct political attack in retaliation for Germany’s sanctions against […]

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New England Natural Gas & Electricity Prices Increase on Supply Constraints, High Demand

Credit to Author: U.S. Energy Information Administration| Date: Fri, 04 Feb 2022 02:44:41 +0000

The spot natural gas price at the Algonquin Citygate, a trading hub and the benchmark for the natural gas price in New England, averaged $20.55 per million British thermal units (MMBtu) during January 2022 — the highest monthly average price since February 2014 — and exceeded $28/MMBtu on several days as part of a pattern […]

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