Natural gas-fired electricity generation in Texas set winter record in January 2024

The electric power grid managed by the Electric Reliability Council of Texas (ERCOT) recorded an all-time high for winter natural gas-fired electricity generation for an hour in January, according to our Hourly Electric Grid Monitor, when a three-day cold snap increased electricity demand. Hourly natural gas-fired electricity generation increased to 49.4 gigawatts (GW) for the […]

Read More…

Propane prices were slightly lower this winter compared with last winter

U.S. wholesale and retail propane prices were slightly lower on average this winter than last winter, largely because of mild weather and robust propane inventories heading into this winter heating season. Despite lower prices and lagging domestic demand, however, continuing international demand for U.S. propane contributed to large withdrawals and left end-of-winter propane inventories below […]

Read More…

U.S. West Coast refinery demand for hydrogen increasingly met by merchant suppliers

U.S. West Coast refiners are using more hydrogen purchased from merchant suppliers than from their own production. From 2012 to 2022, hydrogen purchased by refiners in the region increased 29% to about 550 million cubic feet per day (MMcf/d). Over the same period, on-site refinery-produced hydrogen production from natural gas fell 20% to about 330 […]

Read More…

Japan’s energy policies aim for increased zero-carbon electricity generation

Over the last several years, the Japanese government has announced energy policies aimed to achieve carbon neutrality, or net-zero greenhouse gas (GHG) emissions, by 2050 by lowering emissions in the electric power, industrial, and transportation sectors. In the electric power sector, government policies set 2030 targets, which include accelerated investment in renewable capacity, increased use […]

Read More…

Want to pay your bill quickly and securely online? Click now and pay...