Natural Gas, Electricity and CHP
|
|
|
- Cornelius Reeves
- 8 years ago
- Views:
Transcription
1 Natural Gas, Electricity and CHP Evaluating and Marketing CHP May 18, 2005 Joel Bluestein (703)
2 Overview Natural Gas Background Electricity Rate Background Gas, Electricity and CHP 2
3 Natural Gas Overview Gas is produced by hundreds of independent producers in North America. Gas is delivered to market by independent regulated pipelines. Gas is delivered by utilities. Gas price clears on the North American market. Transmission/delivery price can be locally determined. 3
4 Regional Gas Prices Gas Price ($/MMBtu) Ilinois $6.56 New York $6.93 Boston $6.72 Texas $6.47 California $5.70 Data Source: Enerfax Daily 5/16/05 4
5 The Changing Gas Balance Historical Gas Price at Henry Hub ($ per MMBtu) Lower-48 Dry Gas Production vs. Dry Gas Productive Capacity (Bcfd) $10 $9 $8 $ Hurricane Ivan $6 $5 $4 $3 $2 $1 $ Productive Capacity Gas Production Divergent trends in gas supply and demand have led to the tight balance between supply and demand, higher gas prices, and increased price volatility. TIGHT BALANCE EXPECTED TO CONTINUE 5
6 Natural Gas Supply Relying On New Frontiers Production from mature producing areas will decline by 1.3 percent per year. New frontier supplies will account for 35 percent and 51 percent of total U.S. and Canada gas supply in 2010 and 2020, respectively TCF Per Year 3.7 TCF 14% 35% 86% 22.0 TCF U.S. And Canada Gas Supply 65% 9.9 TCF 18.9 TCF 51% 49% TCF 17.0 TCF New Supply Maritimes Alaska LNG Imports Rockies MacKenzie Delta Deep Gulf Traditional Supply Sources 6
7 Proposed LNG Terminals Constructed A. Everett, MA : Bcfd (Tractebel DOMAC) B. Cove Point, MD : 1.0 Bcfd (Dominion Cove Point LNG) C. Elba Island, GA : 0.68 Bcfd (El Paso Southern LNG) D. Lake Charles, LA : 1.0 Bcfd (Southern Union Trunkline LNG) Approved by FERC 1. Lake Charles, LA: 1.1 Bcfd (Southern Union Trunkline LNG) 2. Hackberry, LA : 1.5 Bcfd, (Sempra Energy) 3. Bahamas : 0.84 Bcfd, (AES Ocean Express)* 4. Bahamas : 0.83 Bcfd, (Calypso Tractebel)* 5. Freeport, TX : 1.5 Bcfd, (Cheniere/Freeport LNG Dev.) 6. Sabine, LA : 2.6 Bcfd (Cheniere LNG) 7. Elba Island, GA: 0.54 Bcfd (El Paso Southern LNG) Approved by MARAD/Coast Guard 8. Port Pelican: 1.6 Bcfd, (Chevron Texaco) 9. Gulf of Mexico: 0.5 Bcfd, (El Paso Energy Bridge GOM, LLC) Proposed to FERC 10. Fall River, MA : 0.8 Bcfd, (Weaver's Cove Energy/Hess LNG) 11. Long Beach, CA : 0.7 Bcfd, (Mitsubishi/ConocoPhillips Sound Energy Solutions) 12. Corpus Christi, TX : 2.6 Bcfd, (Cheniere LNG) 13. Corpus Christi, TX : 1.0 Bcfd (Vista Del Sol - ExxonMobil) 14. Sabine, TX : 1.0 Bcfd (Golden Pass - ExxonMobil) 15. Logan Township, NJ : 1.2 Bcfd (Crown Landing LNG BP) 16. Bahamas : 0.5 Bcfd, (Seafarer - El Paso/FPL ) 17. Corpus Christi, TX: 1.0 Bcfd (Ingleside Energy Occidental Energy Ventures) 18. Providence, RI : 0.5 Bcfd (Keyspan & BG LNG) 19. Port Arthur, TX: 1.5 Bcfd (Sempra) 20. Cove Point, MD : 0.8 Bcfd (Dominion) 21. LI Sound, NY: 1.0 Bcfd (Broadwater Energy TransCanada/Shell) Proposed to MARAD/Coast Guard 22. California Offshore: 1.5 Bcfd (Cabrillo Port BHP Billiton) 23. Louisiana Offshore : 1.0 Bcfd (Gulf Landing Shell) 24. So. California Offshore : 0.5 Bcfd, (Crystal Energy) 25. Louisiana Offshore : 1.0 Bcfd (Main Pass McMoRan Exp.) 26. Gulf of Mexico: 1.0 Bcfd (Compass Port - ConocoPhillips) 27. Gulf of Mexico : 2.8 Bcfd (Pearl Crossing - ExxonMobil) Potential Sites Identified by Project Sponsors 28. Coos Bay, OR: 0.13 Bcfd, (Energy Projects Development) 29. Somerset, MA : 0.65 Bcfd (Somerset LNG) 30. California - Offshore : 0.75 Bcfd, (Chevron Texaco) 31. Pleasant Point, ME : 0.5 Bcf/d (Quoddy Bay, LLC) 32. St. Helens, OR: 0.7 Bcfd (Port Westward LNG LLC) 33. Offshore Boston, MA: 0.8 Bcfd (Northeast Gateway Excelerate Energy) 34. Galveston, TX: 1.2 Bcfd (Pelican Island BP) 35. Pascagoula, MS: 1.0 Bcfd (Gulf LNG Energy LLC) 36. Port Lavaca, TX: 1.0 Bcfd (Calhoun LNG Gulf Coast LNG Partners) 37. Philadelphia, PA: 0.6 Bcfd (Freedom Energy Center PGW) 38. Pascagoula, MS: 1.3 Bcfd (ChevronTexaco)) 39. Cameron, LA: 2.6 Bcfd (Creole Trail LNG Cheniere LNG) 40. Astoria, OR: 1.0 Bcfd (Skipanon LNG Calpine) Canadian Approved and Potential Terminals 41. St. John, NB : 1.0 Bcfd, (Canaport Irving Oil)** 42. Point Tupper, NS 1.0 Bcf/d (Bear Head LNG - Anadarko)** 43. Quebec City, QC : 0.5 Bcfd (Project Rabaska Enbridge/Gaz Met/Gaz de France) 44. Rivière-du- Loup, QC: 0.5 Bcfd (Cacouna Energy TransCanada/PetroCanada) 45. Kitimat, BC: 0.34 Bcfd (Galveston LNG) 46. Prince Rupert, BC: 0.30 Bcfd (WestPac Terminals) 47. Goldboro, NS 1.0 Bcfd (Keltic Petrochemicals) Mexican Approved and Potential Terminals 48. Altamira, Tamulipas : 1.12 Bcfd, (Shell)** 49. Baja California, MX : 1.0 Bcfd, (Sempra & Shell)** 50. Baja California - Offshore : 1.4 Bcfd, (Chevron Texaco) 51. Lázaro Cárdenas, MX : 0.5 Bcfd (Tractebel/Repsol) Puerto Libertad, MX: 1.3 Bcfd (Sonora Pacific LNG)
8 Obstacles For Supply Growth Large Capital Requirements Liquidity Crunch Access Restrictions Investor Recognition of Opportunities Price Volatility Creates Uncertainty Uncertainty About Future Gas Demand E&P Infrastructure & Technology Cumbersome Approvals Process Environmental and Siting Issues There is much uncertainty about future gas supply development. 8
9 Projected Annual Average Henry Hub Gas Price Continued price pressure likely to persist for next few years Henry Hub gas prices will average between $5 and $7 per MMBtu levels will not return. Fuel Prices (2004 $ per MMBtu) Long-term prices in parity with oil prices. Long-term oil price of about $35 per barrel (real$) assumed Natural Gas Residual Fuel Distillate Sources: Historical data from Platts Gas Daily, Projection by 9
10 AGF SCENARIO ASSUMPTIONS Expected Expanded Existing Drilling Moratoria Unchanged Intermountain West Access Unchanged Alaskan Pipeline 2014 Relaxed Increased Unchanged Unchanged Not Built Not Built LNG in Bcfd 23 Bcfd 5.3 Bcfd New Gas-Fired Generation 60 GW 30 GW 60 GW 10
11 AGF Gas Price Scenarios $10 $9 $8 Existing $7 $2003/MMBtu $6 $5 $4 Expected $3 Expanded $2 $1 $
12 CHP and Energy Prices Typical CHP application reduces electricity purchases, increases gas purchases. CHP trades increased capital cost and gas purchases for lower electric purchases. Electricity savings must offset gas and capital costs. 12
13 The Concern Higher gas prices will swamp electricity savings. A reasonable concern where gas and electricity prices are decoupled. But - electricity markets are changing and increasingly linking to gas markets... 13
14 The Price of Electricity Average cost/regulated prices vs Marginal cost/competitive prices 14
15 Historic Electricity Prices Regulated electric rates, based on average cost of utility generation. Majority of electricity generated by lowcost nuclear, coal, hydro assets. Energy cost $25-$35/MWh ( cents/kwh). Large electric user rates relatively low - <$0.05/kWh ($50/MWh). Retail rates higher than wholesale energy cost. 15
16 Restructured Electric Prices Wholesale price based on the marginal unit at each hour. Marginal units in many areas are gasfired units for much of the year, even where coal is the primary energy source. In this case, gas and electricity prices are linked. 16
17 Load Duration Curve 18,000 Peaking Turbines 16,000 14, Hours 0.1% of Generation 12, Hours 2% of Generation MW 10,000 8,000 Cycling Gas, Oil 4700 Hours 90% of Generation Gas Combined Cycle 6,000 4,000 Base Load Coal 8760 Hours 58% of Generation 2,000 - Nuclear Hours 17
18 When Are Electricity and Gas Linked Restructured electric markets Marginal cost pricing Where gas-fired units are on the margin most of the time. California/Northwest Texas Northeast U.S. Illinois - more and more 18
19 Wholesale Gas/Electric Price Linkage Gas Price ($/MMBtu) Electricity Price ($/MWh) Ilinois $6.56 $47 New York $6.93 $57 Boston $6.72 $66 Texas $6.47 $48 California $5.70 $52 Data Source: Enerfax Daily 5/16/05 19
20 Changing Electric Rates Price caps are coming off in restructured markets. Utilities moving to market-based rates for large customers. Electricity prices will track gas prices. Electricity prices are more than the energy component. 20
21 Comm Ed Example Large customers being transitioned from Rate 6L to Rate HEP. Electricity charged at PJM day-ahead rates plus capacity charges. PJM hourly rates can be low at off-peak times but very high at peak, especially during high demand periods Prices easily over $0.10/kWh during summer. Need to consider future pricing in project evaluation! 21
22 Conclusions Gas prices are higher and will stay higher. Electricity prices will track gas prices in restructured markets with gas on the margin. Need to consider forward-looking, full cost of electricity in project evaluation. CHP can be competitive in these markets. CHP has greater value than energy commodity price. 22
North America LNG Import Terminals Status: Existing
North America LNG Import Terminals Status: Existing Everett Canaport Neptune LNG Existing Terminals U.S. Existing Terminals non U.S. Cove Point Northeast Gateway Golden Pass Lake Charles Elba Island Energia
Natural Gas Purchase Incentive Regulation and Benchmarking
Natural Gas Purchase Incentive Regulation and Benchmarking A White Paper Prepared for the Indiana Utility Regulatory Commission (IURC) State Utility Forecasting Group Purdue University July 2005 Table
And Then There Was Abundance: Examining Natural Gas in 2012. Bruce McDowell Director, Policy Analysis American Gas Association bmcdowell@aga.
And Then There Was Abundance: Examining Natural Gas in 2012 Bruce McDowell Director, Policy Analysis American Gas Association bmcdowell@aga.org NOTICE: In issuing and making this presentation and publication
LNG Imports by Country of Origin (Bcf) LNG Imports by Receiving Terminal (Bcf) LNG Imports by Company (Bcf)
LNG Imports by Country of Origin (Bcf) 2013 Jan Feb March April May June July Aug Sept Oct Nov Dec TOTAL Egypt 0.0 0.0 0.0 0.0 0.0 0.0 Norway 0.0 0.0 0.0 0.0 0.0 0.0 Qatar 0.0 3.7 3.7 0.0 0.0 7.3 Trinidad
Suzanne Minter. Manager, Oil and Gas Consulting BENTEK Energy. Natural Gas Outlook
Suzanne Minter Manager, Oil and Gas Consulting BENTEK Energy Natural Gas Outlook North American Natural Gas The Fertilizer Institute November, 2014 2013 Platts, McGraw Hill Financial. All rights reserved.
LNG Imports by Country of Origin. LNG Imports by Receiving Terminal. LNG Imports by Company
LNG Imports by Origin (Bcf) 2016 Jan Feb March April May June July Aug Sept Oct Nov Dec TOTAL Egypt - - - - 0.0 Nigeria - - - - 0.0 Norway - - - - 0.0 Qatar - - - - 0.0 Trinidad 12.0 9.6 8.5 4.7 34.8 Yemen
New 2008-2009 Map Book
New 2008-2009 Map Book What s New: Improved and Expanded Pipeline Section More Pipeline (56 interstate Pipelines) Improved Pipeline Maps (more accurate and detail maps) Added Compressor stations on maps
Natural Gas: Winter 2012-13 Abundance! and Some Confusion
Natural Gas: Winter 2012-13 Abundance! and Some Confusion NASEO Winter Fuels Outlook Washington, D.C. October 10, 2012 Bruce B. Henning Vice President, Energy Regulatory and Market Analysis BHenning@icfi.com
Natural Gas and Electricity Coordination Experiences and Challenges
1 Natural Gas and Electricity Coordination Experiences and Challenges Challenges Facing the New England Power System Gordon van Welie, President and CEO, ISO New England 2015 IEEE Power & Energy Society
Outlook for the North American and Ontario Gas Markets
Outlook for the North American and Ontario Gas Markets Union Gas Customer Meeting London, Ontario June 5, 2014 Presented by: Frank Brock Senior Energy Market Specialist ICF International Frank.Brock@ICFI.COM
Winter 2013-14 Energy Market Assessment Report to the Commission
Winter 2013-14 Energy Market Assessment Report to the Commission Docket No. AD06-3-000 October 2013 Disclaimer: The matters presented in this staff report do not necessarily represent the views of the
Canadian Natural Gas Exports and Promotion of Cleaner Energy in the US Market
Canadian Natural Gas Exports and Promotion of Cleaner Energy in the US Market UNFCCC Workshop on Cleaner or Less Greenhouse Gas-emitting Energy May 7-8, 2002, Whistler, B.C. Rick Hyndman, PhD School of
Creating more Value out of Storage
Creating more Value out of Storage By Gary Howorth, Founder Energy-Redefined Introduction Gas Storage is a complicated business which carries with it large risks and potentially low rewards. Assets can
Natural Gas in the U.S.: Supply and Infrastructure = Security
8 th EU-US Energy Regulators Roundtable Natural Gas in the U.S.: Supply and Infrastructure = Security Michael J. McGehee Director, Division of Pipeline Certificates Office of Energy Projects Federal Energy
Natural Gas Year-In-Review 2006
Natural Gas Year-In-Review 2 This report provides an overview of the natural gas industry and markets in 2 with special focus on the first complete set of supply and disposition data for 2 from the Energy
Comments and Responses of North Baja Pipeline
Comments and Responses of North Baja Pipeline North Baja Pipeline, LP (North Baja) respectfully submits these comments and responses to the Arizona Corporation Commission (Commission), Utilities Division
Companies Run By Shareholders For Shareholders. May 11 12, 2006
Companies Run By Shareholders For Shareholders May 11 12, 2006 Forward Looking Statements This presentation contains forward looking statements, including these, within the meaning of Section 27A of the
Gulf Natural Gas Region
Gulf Gas Market: Overview and Focal Points Page 1 of 15 Gulf Natural Gas Region Colonial Gas Mainline TX NGPL TXOK Carthage LA Waha Tennessee Zone 0 Katy Freeport Cameron Sabine Pass Henry Texas Eastern
Office of Energy Projects Energy Infrastructure Update For August 2012
For August 212 Natural Gas Highlights SG Resources Mississippi placed into service Cavern 4 of its Southern Pines Energy Center Project which will add 1 Bcf of working gas capacity to its facilities located
Natural Gas Assessment New York State Energy Plan 2009. December 2009
New York State Energy Plan 2009 December 2009 1 Overview This Assessment describes the workings of the natural gas market in New York and the northeast region, discusses current use and projected need
Short Term Canadian Natural Gas Deliverability, 2005-2007
Short Term Canadian Natural Gas Deliverability, 2005-2007 Presentation to NARUC Conference By Dr. John S. Bulger, Member February 2006 Canadian National Energy Currently has 8 Members Chairman Kenneth
BDCOWAIV UNITED STATES DEPARTMENT OF THE INTERIOR BUREAU OF OCEAN ENERGY MANAGEMENT
PAGE 1 00160 ANR PIPELINE COMPANY ROW for TC Offshore LLC #03262 G01503 G04279 G03923 G04054 G01687 G01687M G01687M G05266 G07584 G11684 G11163 G20597 G21269 G21510 G25389 G28678 G29248 G01687A G01687B
2014 State of the Markets
2014 State of the Markets Item No: A-3 March 19, 2015 Good morning Chairman and Commissioners. The Office of Enforcement s Division of Energy Market Oversight is pleased to present the 2014 State of the
High Prices Show Stresses in New England Natural Gas Delivery System
February 7, 2014 High Prices Show Stresses in New England Natural Gas Delivery System Abstract. Since 2012, limited supply from the Canaport and Everett liquefied natural gas (LNG) terminals coupled with
HIGHLIGHTS ELECTRICITY INFORMATION STATE REPORTS
OFFICE OF ELECTRICITY DELIVERY AND ENERGY RELIABILITY (OE) U.S. DEPARTMENT OF ENERGY Gulf Coast Hurricanes Situation Report #27 October 28, 2005 (10:00 AM EDT) HIGHLIGHTS There are 1,850,262 customers
Meeting the Gas Supply Challenge of the Next 20 Years. Non-Traditional Gas Sources. Prepared for
Meeting the Gas Supply Challenge of the Next 20 Years Non-Traditional Gas Sources Prepared for National Renewable Energy Laboratory by American Gas Foundation Thomas J. Woods Ziff Energy Group Houston,
HTGHTTGHTS ELECTRICITY INFORMATION STATE REPORTS. Florida
OFFICE OF ELECTRICITY DELIVERY AND ENERGY RELIABILITY (OE) U.S. DEPARTMENT OF ENERGY Gulf Coast Hurricanes Situation Report #28 October 28, 2005 (4:00 PM EDT) HTGHTTGHTS There are 1,767,872 customers without
Supply Options for the U.S. Northeast
Supply Options for the U.S. Northeast NECA Annual Conference on Fuels Tim Stringer Manager, Commercial East Agenda 2009 Supply/Demand Outlook TransCanada Key Initiatives Connecting new supply Northern
LNG Poised to Significantly Increase its Share of Global Gas Market David Wood February 2004 Petroleum Review p.38-39
LNG Poised to Significantly Increase its Share of Global Gas Market David Wood February 2004 Petroleum Review p.38-39 For the past few years LNG has experienced high levels of activity and investment in
Presentation to the State of Alaska Legislature. Liquid Natural Gas (LNG) NPV Analysis and Results
Presentation to the State of Alaska Legislature Liquid Natural Gas (LNG) NPV Analysis and Results June 9, 2008 Key Conclusions LNG Projects Have Higher Capital Costs and Therefore Greater Risk than a Pipeline
PROJECT EXPERIENCE Development/Transaction Support United States MANAGING DIRECTOR
Peter Abt Mr. Abt is a Managing Director in Black & Veatch s Management Consulting Division. He leads the division s Oil & Gas Strategy practice and holds primary responsibility for client management and
Regional Perspectives on Natural Gas Supply and Demand
ariae Regional Perspectives on Natural Gas Supply and Demand San Diego, California May 17, 2004 Dionisio Pérez-Jácome Comisión Reguladora de Energía Index I. Natural Gas Market II. LNG Projects in Mexico
Global Shale Energy Development: Expanding Economics, Trends, and Implications
Global Shale Energy Development: Expanding Economics, Trends, and Implications New and Historic Energy Direction with Shale Increasing share of U.S. natural gas production. 50%? 70%? (2040) Energy security
Natural Gas Pipeline and Storage Infrastructure Projections Through 2030
Natural Gas Pipeline and Storage Infrastructure Projections Through 2030 October 20, 2009 Submitted to: The INGAA Foundation, Inc. 10 G Street NE Suite 700 Washington, DC 20002 Submitted by: ICF International
Expanding Natural Gas Service: Opportunities for American Homes and Business
Expanding Natural Gas Service: Opportunities for American Homes and Business NARUC Staff Subcommittee on Gas Washington, D.C. February 3, 2013 Bruce B. Henning Vice President, Energy Regulatory and Market
2014 CALIFORNIA GAS REPORT. Prepared by the California Gas and Electric Utilities
2014 CALIFORNIA GAS REPORT Prepared by the California Gas and Electric Utilities 2 0 1 4 C A L I F O R N I A G A S R E P O R T PREPARED BY THE CALIFORNIA GAS AND ELECTRIC UTILITIES Southern California
Son of a Beast Utica Triggers Regional Role Reversal
Son of a Beast Utica Triggers Regional Role Reversal KEYTAKEAWAYS Son of a Beast Utica Triggers Regional Role Reversal Overview only. Contact BENTEK to subscribe. For more information about BENTEK s industry-leading
Mexican Experience in New LNG Plants
Mexican Experience in New LNG Plants 2007 APEC Clean Fossil Energy Workshop Information Exchange on LNG Public Education Campaigns Hans Valadez Executive Secretary, CRE 5-7 November, 2007. Guangzhou, China
Sabal Trail Transmission, LLC
FGU 2014 ANNUAL MEETING JUNE 25, 2014 Sabal Trail Transmission, LLC Connecting diverse natural gas supplies to southeast markets Josh Browning Changing Natural Gas Flows Value of capacity increases with
Natural Gas Markets Update for the Ethanol Industry. Identifying Market Fundamentals and Managing Price Risk
Natural Gas Markets Update for the Ethanol Industry Identifying Market Fundamentals and Managing Price Risk Presentation Outline Natural Gas Market Update Demand Issues Supply Issues Implications for Ethanol
REVIEW OF NATURAL GAS SUPPLY PORTFOLIO OPTIONS FOR CENTRA GAS CENTRA GAS MANITOBA, INC.
Page 1 of 106 REVIEW OF NATURAL GAS SUPPLY PORTFOLIO OPTIONS FOR CENTRA GAS Prepared for: CENTRA GAS MANITOBA, INC. Submitted By: ICF INTERNATIONAL 9300 Lee Highway Fairfax, VA 22031 USA (703) 218-2758
Understanding. Natural Gas Markets
Understanding Natural Gas Markets Table of Contents Overview 1 The North American Natural Gas Marketplace 3 Understanding Natural Gas Markets Natural Gas Demand 9 Natural Gas Supply 12 Summary 25 Glossary
North American Natural Gas Midstream Infrastructure Through 2035: A Secure Energy Future
North American Natural Gas Midstream Infrastructure Through 2035: A Secure Energy Future Updated Supply Demand Outlook Background Executive Summary June 28, 2011 Sufficient midstream natural gas infrastructure,
Office of Energy Projects Energy Infrastructure Update For February 2014
For February 24 Natural Gas Highlights CIG received authorization to place into service the remaining facilities to its High Plains 23 Expansion Project which will provide 225 MMcf/d of capacity to its
Direct Energy Business Monthly Webinar. Expressly for Channel Partners February 25, 2016
Direct Energy Business Monthly Webinar Expressly for Channel Partners February 25, 2016 Webinar Agenda Tim Bigler, Sr. Market Strategist Commodity Market Update Beau Gjerdingen, Meteorologist Spring weather
Short Term Energy Outlook Supplement: Constraints in New England likely to affect regional energy prices this winter
January 18, 2013 Short Term Energy Outlook Supplement: Constraints in New England likely to affect regional energy prices this winter Since November, New England has had the highest average spot natural
Crude Oil and LNG Exports
Crude Oil and LNG Exports Yale Alumni in Energy Conference April 2015 Claudia Duncan Crude Oil Export Policy - History 1920: Mineral Leasing Act Endows federal government with authority to manage exploration
Focus on Geopolitics N.A. Shale & Export Options - A Canadian View
Focus on Geopolitics N.A. Shale & Export Options - A Canadian View International Gas Union October 17, 2012 Ottawa, ON Dave Collyer, President, CAPP North American Natural Gas Supply Outlook Shale gas
CERI Commodity Report Natural Gas
January 1 CERI Commodity Report Natural Gas Turm-oil in Natural Gas Markets Paul Kralovic On December 3, 15 the daily spot price at Henry Hub dropped to US$1.3 per MMBtu, its lowest point since December
Perspective on Trends in U.S. Electricity Markets and Nuclear Power Plant Shutdowns. September 2013
Perspective on Trends in U.S. Electricity Markets and Nuclear Power Plant Shutdowns September 2013 Nuclear Plant Shutdowns: The Situation Five reactors shut down Four in 2013 One at the end of 2014 Crystal
SSP Offshore. Well Containment. April 2011
SSP Offshore Well Containment April 2011 Well Containment - Points to Discuss 2 Lessons Learned in the Aftermath of the Deepwater Horizon Incident The Containment Solutions : Interim MWCS and the MCV solution
Effect of Increased Natural Gas Exports on Domestic Energy Markets
Effect of Increased Natural Gas Exports on Domestic Energy Markets as requested by the Office of Fossil Energy January 2012 This report was prepared by the U.S. Energy Information Administration (EIA),
2010 Natural Gas Market Review
2010 Natural Gas Market Review August 20, 2010 Submitted to: Ontario Energy Board P.O. Box 2319 2300 Yonge Street 27th. Floor Toronto ON M4P 1E4 Submitted by: ICF International 277 Wellington St. W Toronto,
Institute for Regional Forecasting. www.bauer.uh.edu/irf
Institute for Regional Forecasting www.bauer.uh.edu/irf Houston s Economy Powered by Oil Robert W. Gilmer Bauer College of Business University of Houston August 2015 Houston s Economy Rests on Four Major
QUARTERLY FOCUS: NATURAL GAS EXPORTS TO MEXICO
QUARTERLY FOCUS: NATURAL GAS EXPORTS TO MEXICO The United States has been a net importer of natural gas since 1958. Nevertheless, the United States historically has exported small volumes of natural gas
Assessing Natural Gas Supply
Competitive Energy Services, LLC [Insert date] Competitive Energy Services Assessing Natural Gas Supply February 7, 2014 Assessing Natural Gas Supply Options for New England and their Impacts on Natural
INTERSTATE NATURAL GAS QUALITY SPECIFICATIONS & INTERCHANGEABILITY
INTERSTATE NATURAL GAS QUALITY SPECIFICATIONS & INTERCHANGEABILITY Michelle Michot Foss, Ph.D. Chief Energy Economist and CEE Head 1650 Highway 6, Suite 300 Sugar Land, Texas 77478 Tel 281-313-9763 Fax
A Case for Midstream Energy
Case Studies March 2014 Listed Infrastructure: A Case for Midstream Energy Case Studies is a Cohen & Steers series that evaluates compelling investment themes in our various sectors of expertise. This
Led by growth in Texas, the Southeast, and Northeast, power burn is headed for a January record
EIA - Natural Gas Weekly Update for week ending January 28, 2015 Release Date: January 29, 2015 Next Release: February 5, 2015 In the News: Led by growth in Texas, the Southeast, and Northeast, power burn
HIGHLIGHTS PETROLEUM AND GAS INFORMATION
OFFICE OF ELECTRICITY DELIVERY AND ENERGY RELIABILITY (OE) U.S. DEPARTMENT OF ENERGY Hurricane Katrina Situation Report #11 August 30, 2005 (4:00 PM EDT) HIGHLIGHTS Some 2.6 million customers have reported
NATURAL GAS PRICES TO REMAIN AT HIGHER LEVELS
I. Summary NATURAL GAS PRICES TO REMAIN AT HIGHER LEVELS This brief white paper on natural gas prices is intended to discuss the continued and sustained level of natural gas prices at overall higher levels.
2015-16 Winter Energy Market Assessment
Slide 1 2015-16 Winter Energy Market Assessment Item No. A-3 October 15, 2015 Slide 2 Market Overview Stable signals Low NG & electric prices Abundant NG production & storage Moderate weather in Midwest,
Opportunities and Challenges at the Gas-Electricity Nexus
A P R I L 4, 2 0 1 4 A U S T I N, T X Opportunities and Challenges at the Gas-Electricity Nexus University of Texas at Austin 2014 Austin Electricity Conference: Innovation & New Models for the Delivery
WP-07 Power Rate Case Workshop
WP-07 Power Rate Case Workshop Date of Workshop: Topic(s): , Overview Results BPA price forecast and comparison with other forecasts Assumptions Supply and demand fundamentals for the short / medium /
Displacement of Coal with Natural Gas to Generate Electricity
Displacement of Coal with Natural Gas to Generate Electricity The American Coalition for Clean Coal Electricity (ACCCE) supports a balanced energy strategy that will ensure affordable and reliable energy,
Liberty Utilitiec. Samson. Local Plant, Domestic Supply. 4~NORTHSTAR ~i~~~industriesllc ENERGY. ~LH~PJi~C~ La~ Exhibit F~LE
Liberty Utilitiec ENERGY 4~NORTHSTAR ~i~~~industriesllc ~LH~PJi~C~ La~ Exhibit F~LE Local Plant, Domestic Supply NECA Fuel Conference Sept 18, 2014 Who we are Liberty tjtiiiti~ ~ W?\TER~ ~Z?~S ELECtREC
a leading North American energy infrastructure company
CORPORATE PROFILE a leading North American energy infrastructure company December 2012 Building and operating safe and reliable energy infrastructure it is what we do and we do it well. Millions of people
Potential Cost Impacts of a Vermont Renewable Portfolio Standard. Presented to the Vermont RPS Collaborative
Potential Cost Impacts of a Vermont Renewable Portfolio Standard Tim Woolf Synapse Energy Economics 22 Pearl Street, Cambridge, MA 02139 www.synapse-energy.com Presented to the Vermont RPS Collaborative
SUEZ Energy North America A strong diversified energy company
SUEZ Energy North America A strong diversified energy company Investor Presentation Zin Smati, President & CEO SUEZ Energy North America, Inc. May 30 th, 2007 Houston, May 30, 2007 1 Disclaimer Important
Spectra Energy Builds a Business
» Introducing Spectra Energy Builds a Business CEO Fowler on Challenges Ahead By Martin Rosenberg Natural gas once again looms as an important fuel for electricity generation, given a spate of cancellations
Diversity and. Security of Supply. for the Asia Pacific Market. Elizabeth Spomer President & CEO, Jordan Cove LNG LLC
Diversity and Security of Supply for the Asia Pacific Market Elizabeth Spomer President & CEO, Jordan Cove LNG LLC 14th Platts NA LNG Houston, Texas February 26, 2015 Forward-looking information advisory
GDF SUEZ Energy North America ENERGY AT WORK FOR CUSTOMERS & NEIGHBORS
GDF SUEZ Energy North America ENERGY AT WORK FOR CUSTOMERS & NEIGHBORS HEADQUARTERS BUSINESS OFFICE POWER GENERATION FACILITY RENEWABLES FACILITY LNG FACILITY NATURAL GAS LDC NATURAL GAS PIPELINE The Region
Oil and Gas U.S. Industry Outlook
Oil and Gas U.S. Industry Outlook VERSION 01 YEAR 13 OUTLOOK: Positive fundamentals & outlook www.eulerhermes.us Key points WTI Crude is expected to continue to converge to Brent crude prices, narrowing
LNG SAFETY MYTHS and LEGENDS
LNG SAFETY MYTHS and LEGENDS Doug Quillen ChevronTexaco Corp. Natural Gas Technology Investment in a Healthy U.S. Energy Future May 14-15, 2002 Houston Introduction North America is Becoming the Focal
PG&E Corporation. UBS Natural Gas, Electric Power and Coal Conference March 5, 2009
PG&E Corporation UBS Natural Gas, Electric Power and Coal Conference March 5, 2009 Cautionary Language Regarding Forward-Looking Statements This presentation contains management s guidance for PG&E Corporation
Electricity Costs White Paper
Electricity Costs White Paper ISO New England Inc. June 1, 2006 Table of Contents Executive Summary...1 Highlights of the Analysis...1 Components of Electricity Rates...2 Action Plan for Managing Electricity
Evolution of Overseas Gas Markets, in an Australian Context. AEMC Gas Review Public Forum. Todd Bessemer, Market Reform 25 February 2015
Evolution of Overseas Gas Markets, in an Australian Context AEMC Gas Review Public Forum Todd Bessemer, Market Reform 25 February 2015 Gas Market Evolution In our Evolution of the Gas Supply Hub work for
LNG & LPG US Supply & Infrastructure Trends
LNG & LPG US Supply & Infrastructure Trends June 19, 2013 Chris Sighinolfi, CFA (212) 707-6420 csighino@jefferies.com Jefferies LLC We need to export more of our goods. Because the more products we make
Will the Marcellus/Utica Overtake the Henry Hub? U.S. Natural Gas Price Volatility in 2015 & Beyond
Will the Marcellus/Utica Overtake the Henry Hub? U.S. Natural Gas Price Volatility in 2015 & Beyond Presented by Natural Gas Intelligence & Observ Commodities April 7, 2015 Presented by Patrick C. Rau,
NATURAL GAS INFRASTRUCTURE IN THE PACIFIC NORTHWEST
VOLUME 4, ISSUE 1 NATURAL GAS INFRASTRUCTURE IN THE PACIFIC NORTHWEST IN THIS ISSUE Status of the region s existing infrastructure Why the region will need new delivery capacity in the future Projects
LECET MARKET SUMMARY NATURAL GAS PIPELINE DEPLOYMENT
LECET MARKET SUMMARY NATURAL GAS PIPELINE DEPLOYMENT MARKET FUNDAMENTALS The market for the construction of natural gas pipelines continues to be strong and promises significant growth in the United States
Houston Contracting Company, Inc.
Houston Contracting Company, Inc. Houston Contracting Company, Inc. Overview AES - Houston Contracting Company (HCC), our union subsidiary, provides pipeline construction and maintenance, building and
J.P. Morgan Energy Conference
J.P. Morgan Energy Conference June 27, 2016 Don Marchand, Executive Vice President, Corporate Development and Chief Financial Officer Forward Looking Information and Non-GAAP Measures This presentation
COMPANY OVERVIEW January 2016
COMPANY OVERVIEW January 2016 Forward Looking Statements Advisory This presentation is for information purposes only and is not intended to, and should not be construed to, constitute an offer to sell
June 23, 2012 Saint John, New Brunswick LNG and CNG Presentation to: The Energy Council
June 23, 2012 Saint John, New Brunswick LNG and CNG Presentation to: The Energy Council Steve Leahy Northeast Gas Association Topics LNG exports CNG & LNG as transport fuel options CNG & LNG as non-pipeline
Top 100 Operators: Proved Reserves and Production, Operated vs Owned, 2009
The operator of an oil or gas field is the company responsible for the field s management and day-to-day operation. Operators in the United States are obligated to submit to EIA annual estimates of proved
Dominion. Dan Weekley Vice President, Corporate Affairs. Dan Stoddard Senior Vice President, Nuclear Operations. March 24, 2016
Dominion Dan Weekley Vice President, Corporate Affairs Dan Stoddard Senior Vice President, Nuclear Operations March 24, 2016 Dominion Profile Power and Natural Gas Infrastructure Overview Leading provider
Tennessee Gas Pipeline Co, LLC
Co, LLC Northeast Gas Association Regional Market Trends Forum April 30, 2013 Preston Troutman Director, Business Development Kinder Morgan: Unparalleled Asset Footprint 3 rd largest energy company North
Texas: An Energy and Economic Analysis
Texas: An Energy and Economic Analysis Posted on 9/30/2013 Texas leads the nation in oil and natural gas reserves and production. In just over 2 years, Texas has doubled its oil production with large quantities
Tres Palacios Natural Gas Storage Acquisition Overview. September 7, 2010
Tres Palacios Natural Gas Storage Acquisition Overview September 7, 2010 Forward Looking Statements NYSE: NRGY, NRGP Cautionary Statement Regarding Forward-Looking Statements This communication contains
Electric Market National Overview
Electric Market Overview Electric Market National Overview 1122 Electric Market Overview: Generation Output and Temperatures Page 2 of 8 Weekly U.S. Electric Generation Output and Temperatures Electric
Market Conditions Impacting LFGE Project Development
Market Conditions Impacting LFGE Project Development SWANA Quad State Conference Virginia Beach, VA Brent L. Dieleman Project Professional SCS Engineers July 28, 2011 Discussion Points Incentives Private
LONG-TERM ASSESSMENT OF NATURAL GAS INFRASTRUCTURE TO SERVE ELECTRIC GENERATION NEEDS WITHIN ERCOT
LONG-TERM ASSESSMENT OF NATURAL GAS INFRASTRUCTURE TO SERVE ELECTRIC GENERATION NEEDS WITHIN ERCOT Prepared for The Electric Reliability Council of Texas JUNE 2013 Black & Veatch Holding Company 2011.
A Look at Western Natural Gas Infrastructure During the Recent El Paso Pipeline Disruption
A Look at Western Natural Gas Infrastructure During the Recent El Paso Pipeline Disruption This analysis examines the impact of the August 2000 El Paso Natural Gas Pipeline system disruption upon the ability
Exploring America s Last Energy Frontier
Exploring America s Last Energy Frontier True North's Harriet Point prospect is estimated to contain 300 to 500 million barrels of oil. THE COMPANY About Us Oil and gas exploration has been a part of the
THE ROLE OF LNG IN NORTH AMERICAN NATURAL GAS SUPPLY AND DEMAND
THE ROLE OF LNG IN NORTH AMERICAN NATURAL GAS SUPPLY AND DEMAND Michelle Michot Foss, Ph.D. Chief Energy Economist and CEE Head 1650 Highway 6, Suite 300 Sugar Land, Texas 77478 Tel 281-313-9763 Fax 281-340-3482
Spectra Energy Reports Fourth Quarter and Year-End 2007 Results
Media: Molly Boyd (713) 627-5923 (713) 627-4747 (24-hour media line) Analysts: John Arensdorf (713) 627-4600 Date: February 6, 2008 Spectra Energy Reports Fourth Quarter and Year-End 2007 Results Fourth
Net operating income Earnings per share Net income
Press release 1 August 2008 Record results and high production StatoilHydro's second quarter 2008, operating and financial review StatoilHydro's second quarter 2008 result was influenced by high production
Offshore Alabama Prepared by the University of South Alabama MBA Consulting Group in December 2010
Offshore Alabama Prepared by the University of South Alabama MBA Consulting Group in December 2010 Executive Summary The Mobile Area Chamber of Commerce s Oil and Gas Task Force (Task Force) was created
North American Natural Gas Vision
North American Natural Gas Vision January 2005 North American Natural Gas Vision North American Energy Working Group Experts Group on Natural Gas Trade and Interconnections January 2005 Contents Introduction...