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EIA expects pipelines will increase natural gas deliverability in New England as a result of infrastructure upgrades

(Fri, 06 Mar 2020) Several natural gas pipeline upgrades are either planned or under construction in New England, which will increase deliverability into the region during the next several years. According to the U.S. Energy Administration's (EIA) tracking of natural gas pipeline projects, four pipelines are expected to increase compression in their systems by 2023, adding more than 350 million cubic feet per day (MMcf/d) of natural gas pipeline capacity into the region.

Issue in Focus: Alternative Policies

(Wed, 04 Mar 2020) EIA presented results from four alternative policy scenarios to the <em>Annual Energy Outlook 2020</em> published in an <em>Issue in Focus</em> article. The article and the presentation examined the potential effects of a range of alternative energy policies on the future U.S. electric power sector through 2050.

Permian Basin shale play report

(Tue, 03 Mar 2020) The Permian Basin Report contains a review of the Wolfcamp, Bone Spring, and Delaware shale plays of the Delaware Basin, which is part of the larger Permian Basin. The report presents the geologic framework, reservoir properties, and hydrocarbon production history and trends for these plays along with geological cross-sections and producing formation structure and thickness maps.

Effects of renewable technology capital costs on electricity capacity and generation in two illustrative regions

(Fri, 28 Feb 2020) EIA presents a series of alternative cases to the <em>International Energy Outlook 2019</em> (IEO2019) that vary renewable technology capital costs to see the resulting effects on projected electricity capacity and generation in high and low demand growth regions. An analysis of the results is presented in an <em>Issue in Focus</em> article.

ISO-NE announces results for the 14th Forward Capacity Market auction

(Fri, 21 Feb 2020) On February 5, 2020, the Independent System Operator for New England (ISO-NE) announced the results of its 14th annual Forward Capacity Market (FCM) auction. ISO-NE holds the auctions to ensure that the New England power system will have sufficient electricity supply resources to meet the future demand for electricity. In this most recent auction, ISO-NE secured electric generating capacity covering June 1, 2023, through May 31, 2024.

ISO-NE announces results for the 14th Forward Capacity Market auction

(Fri, 21 Feb 2020) On February 5, 2020, the Independent System Operator for New England (ISO-NE) announced the results of its 14th annual Forward Capacity Market (FCM) auction. ISO-NE holds the auctions to ensure that the New England power system will have sufficient electricity supply resources to meet the future demand for electricity. In this most recent auction, ISO-NE secured electric generating capacity covering June 1, 2023, through May 31, 2024.

EIA forecasts that total working natural gas stocks will end the 2019–20 heating season at the highest level since 2017

(Thu, 20 Feb 2020) In the U.S. Energy Information Administration’s (EIA) February <em>Energy Outlook</em> (STEO), EIA forecasts the Lower 48 working natural gas in storage (stocks) will end the 2019–20 heating season (November 1–March 31) at 1,935 billion cubic feet (Bcf), or 243 Bcf more than the five-year average. In the forecast, net injections during the refill season (April 1–October 31) will bring working gas stocks to about 4,029 Bcf, which would be the most natural gas in U.S. inventory on record as of the end of October 2020.

Weekly net withdrawals from working gas stocks top 200 Bcf

(Thu, 30 Jan 2020) The U.S. Energy Information Administration (EIA) reported Lower 48 states’ net withdrawals from storage of 201 billion cubic feet (Bcf) for the week ending January 24, 2020. This week’s estimate is the largest net withdrawal from stocks thus far in the 2019–20 heating season (October 31–March 1) and the largest total net withdrawal from working gas since EIA’s February 1, 2019 report last winter.

ISO-New England’s annual Forward Capacity Market auction set to take place on February 3, 2020

(Wed, 29 Jan 2020) On Monday, February 3, 2020, the Independent System Operator for New England (ISO-NE) will open its annual Forward Capacity Market (FCM) auction. ISO-NE uses the FCM auctions to ensure that the New England power system will have sufficient resources to meet future demand for electricity. Owners of various resources compete in the annual auctions to obtain a Capacity Supply Obligation (CSO) in exchange for receiving a market-priced capacity payment.

Natural gas use for power generation is a key part of the natural gas supply and demand balance, even in winter

(Wed, 29 Jan 2020) Estimated daily natural gas use for power generation has averaged about 28.4 billion cubic per day (Bcf/d) so far this winter (November 1, 2019–January 29, 2020) and is up about 3 Bcf/d, or 12%, compared with the same period in 2018–19. Power burn, estimated based on S&P Global Platts data, reached 34 Bcf/d on January 20, 2020—the second-highest natural gas use for power during a day in the winter.

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