Energy Ventures Analysis

U.S. natural gas supply is expected to reach a record 117 billion cubic feet per day (Bcf/d) this summer, including 111.7 Bcf/d of dry gas production, but growing demand from liquefied natural gas (LNG) exports, data center load, industrial activity, and power generation is absorbing much of that growth, leaving less gas available for storage […]

FirstEnergy Solutions Corp. (FES) notified PJM Interconnection, the regional transmission organization (RTO), of its plans to deactivate four fossil-fuel generating plants in 2021 and 2022. In a press release issued on August 29, the company said it “is closing the plants due to a market environment that fails to adequately compensate generators for the resiliency […]