2016/17 Natural Gas Outlook

Size: px
Start display at page:

Download "2016/17 Natural Gas Outlook"

Transcription

1 December 7, 2016 Montreal, Quebec 2016/17 Natural Gas Outlook The Northeast Power Coordinating Council General Meeting Stephen Leahy Northeast Gas Association 1.

2 About NGA Non-profit trade association Local gas utilities (LDCs) serving New England, New York, New Jersey, Pennsylvania Several interstate pipeline companies LNG importers (Distrigas, Repsol) and LNG trucking companies Over 250 associate member companies, from industry suppliers and contractors to electric grid operators 2.

3 Continued on NGA web site 3.

4 4.

5 PNGTS TransCanada M&NE National Fuel & Empire Iroquois Tennessee Dominion Millennium Stagecoach Algonquin Columbia Transco Texas Eastern Copyright: Northeast Gas Association Prepared by: Novara March

6 Winter Outlook Storage levels in positive position U.S. gas production bit lower this year while Marcellus continues high output LNG imports to region higher Commodity price higher than last year but still in $3/Mcf range Looking ahead, weather, as always, is the biggest variable in supply/price dynamic 6.

7 Storage is Strong U.S. natural gas storage levels as of November 12 were Tcf, 9% above the 5-year average U.S. gas production levels up about 2.5% in 2010 U.S. natural gas storage levels are just under 4 Tcf, 6% above 5-year average. Source: U.S. EIA, Source: U.S. EIA, data released Source: U.S. EIA, data released , through Aug. 2010

8 Price: Recent History Source: U.S. EIA, EIA,

9 Nearby Production Source: U.S. EIA, 7-14 U.S. natural gas production in 2015 set new all-time record: ~75 Bcf/d. Marcellus Shale currently producing 18 Bcf/d. PA is now 2 nd largest gas producing state in U.S

10 Marcellus: Largest U.S. Gas Resource Base Source: U.S. EIA,

11 Canadian Gas Exports to Region 1200 Canadian Natural Gas Exports to Eastern U.S., Bcf * Source: National Energy Board, Canada. *2016 data through Sept. 11.

12 LNG Volumes Imports by New England-Based Terminals LNG Imports, NE Terminals, Distrigas NE Gateway Neptune Bcf/year * Source: U.S. Dept. of Energy/Fossil Energy, * 2016 data thru Sept. 12.

13 Canaport LNG Deliveries Chart: Repsol, based on Repsol and Ventyx. Gas volumes in Dth. 13.

14 LNG Developments Gaz Métro is tripling its liquefaction capability at its E. Montreal plant from 3 to 9 Bcf/yr project expected to be completed this month. Eversource proposing to increase LNG storage capacity in southeastern MA from 0.5 Bcf of storage to 6.8 Bcf, as part of the Access Northeast project Northeast Energy Center (NEC) is a FERC regulated LNG liquefaction, storage and vaporization project proposed to be located in central MA and connected to Tennessee Gas Pipeline. The project sponsors are affiliates of Liberty Utilities and Northstar Industries. State of Maine issued RFP this fall for proposals to increase LNG storage to enhance electrical and natural gas reliability in the State. As of Sept. 2016, for this current year the U.S. has exported 106 Bcf of LNG, imported 64 Bcf. 14.

15 Northeast States Lead U.S. in Gas Efficiency Investments 9 Northeast states = $544 million investment in 2015 Equal to 39% of U.S. total of $1.4 billion Source: ACEEE, 2016 State Energy Efficiency Scorecard, released Sept

16 Gas Customer Base in Region Continues to Grow Natural Gas = +1 million Heating Oil = -1.4 Million 16.

17 New Sendout Records Set in Mild Recent Winter New England gas LDCs set a new sendout record of 4 Bcf on Feb. 14, 2016 (a Sunday) New York State set a new record for gas demand on Feb. 13, 2016 of 6.6 Bcf Gas utilities experiencing rising design day demand 17.

18 Projected Power Sector Additions by Fuel Type GENERATOR PROPOSALS IN THE ISO NEW ENGLAND QUEUE Percentage, Sept NEW YORK ISO SYSTEM, 2016 Proposed Power Projects by Fuel Type Megawatts 6,000 Wind, 40 Natural Gas, 53 5,000 4,000 3,000 Gas = approx. 65% Other, 7 2,000 1,000 0 Natural Gas Dual Fuel Wind Other PJM, 2015 Queued Capacity by Fuel Type, Percentage 18.

19 Coordination with Power Systems NGA maintains joint Electric-Gas Operating Committee with 3 ISOs in region Good communication between ISOs and pipeline control rooms Firm vs. non-firm transportation arrangements well-understood at this point 19.

20 Constraints 20.

21 Growing Opposition to Energy Infrastructure 21.

22 Pipeline Reversals Fall 2015: U.S. government denies permit for Keystone oil pipeline from Canada April 2016: Kinder Morgan suspends Tennessee s proposed Northeast Energy Direct project in New England market April 2016: NY Dept. of Environment denies water permit for Constitution Pipeline (proposal approved by FERC in 2014) August October 2016: MA Supreme Judicial Court rules against EDCs contracting for gas pipeline capacity; RI PUC puts proposal on hold; NH PUC rules against it is an approach that, in practice, would violate New Hampshire law following the restructuring of the electric industry Fall 2016: U.S. government temporarily halts construction on Dakota Access oil pipeline 22. in North Dakota

23 Source: Bloomberg News article,

24 Proposed Projects in Region 24.

25 Delays at the State Review Process Dominion s New Market Project: To serve National Grid gas utility in upstate NY; received FERC certificate, awaiting permits from NY DEC Tennessee s CT Expansion: To serve three natural gas utilities in CT, approved by FERC, awaiting permits from MA DEP 25.

26 Comments Gas utilities in region continue to see growth on systems and to plan infrastructure investments to meet that growth. Natural gas continues to be essential part of region s power system and will balance / enable increasing renewable additions. Additional pipeline infrastructure needed to meet demand; projects in development; siting challenges on the increase. 26.

Natural Gas Infrastructure in New York

Natural Gas Infrastructure in New York November 15, 2016 Saratoga, NY Natural Gas Infrastructure in New York The Business Council of New York State- 2016 Annual Environment Conference Stephen Leahy Northeast Gas Association 1. About NGA Non-profit

More information

March 16, 2017 Newport, RI Market Update Remarks at: NGA s Annual Sales & Marketing Conference

March 16, 2017 Newport, RI Market Update Remarks at: NGA s Annual Sales & Marketing Conference March 16, 2017 Newport, RI Market Update Remarks at: NGA s Annual Sales & Marketing Conference Tom Kiley Northeast Gas Association 1 Outlook Macro level: U.S. & Marcellus gas production remains strong

More information

The Current State of Natural Gas Infrastructure in New York Can Supply Meet Demand?

The Current State of Natural Gas Infrastructure in New York Can Supply Meet Demand? October 5, 2017 Saratoga, NY The Current State of Natural Gas Infrastructure in New York Can Supply Meet Demand? Multiple Intervenors Annual Meeting Stephen Leahy Northeast Gas Association 1. About NGA

More information

New Jersey Natural Gas Market Update

New Jersey Natural Gas Market Update March 25, 2015 Mullica Hill, NJ New Jersey Natural Gas Market Update Presentation to: SNJDC Natural Gas Seminar Tom Kiley Northeast Gas Association Issues Regional Market Developments New Jersey Gas Market

More information

Natural Gas Market Conditions in New England

Natural Gas Market Conditions in New England December 11, 2013 Manchester, NH Natural Gas Market Conditions in New England Presentation to: New Hampshire Business & Industry Association Annual Energy Seminar Stephen Leahy Northeast Gas Association

More information

Albany, NY December 1, Natural Gas Outlook. Presentation to: Northeast Power Coordinating Council (NPCC) General Meeting

Albany, NY December 1, Natural Gas Outlook. Presentation to: Northeast Power Coordinating Council (NPCC) General Meeting Albany, NY December 1, 2010 Natural Gas Outlook Presentation to: Northeast Power Coordinating Council (NPCC) General Meeting Stephen Leahy Northeast Gas Association Topics Gas Market Conditions Gas Supply

More information

Natural Gas Pipeline Developments

Natural Gas Pipeline Developments October 12, 2012 Framingham, MA Natural Gas Pipeline Developments Presentation to: A&WMA-NES Fall 2012 Conference Stephen Leahy Northeast Gas Association Topics Pipeline trends in response to supply push

More information

Agenda. 1:00 PM to 5:00 PM Wednesday, December 7, Welcome & Opening Remarks

Agenda. 1:00 PM to 5:00 PM Wednesday, December 7, Welcome & Opening Remarks Agenda Northeast Power Coordinating Council, Inc. 2016 General Meeting Reliability Challenges Hotel Omni Mont-Royal 1050 rue Sherbrooke Ouest Montreal, Quebec H3A 2R6 Tel. (514) 284-1110. 1:00 PM to 5:00

More information

Regional Gas Market Update

Regional Gas Market Update April 26, 2018 Milford, MA Regional Gas Market Update Presentation to: ISO-NE Planning Advisory Committee Tom Kiley Northeast Gas Association 1 Topic Areas Natural gas safety message. Recent market growth,

More information

Natural Gas Market Conditions; & Gas & Power In New England

Natural Gas Market Conditions; & Gas & Power In New England March 13, 2013 Nashua, NH Natural Gas Market Conditions; & Gas & Power In New England Presentation to: Consumer Liaison Working Group Stephen Leahy Northeast Gas Association Topics The Best of Times: natural

More information

Fredericton, N.B. September 28, Natural Gas Update. Northeast Power Coordinating Council General Meeting

Fredericton, N.B. September 28, Natural Gas Update. Northeast Power Coordinating Council General Meeting Fredericton, N.B. September 28, 2006 Natural Gas Update Northeast Power Coordinating Council General Meeting Stephen Leahy Northeast Gas Association NGA Members Non-profit trade association Local gas utilities

More information

Toronto, ON September 27, Natural Gas Update. Presentation to: Northeast Power Coordinating Council (NPCC) General Meeting

Toronto, ON September 27, Natural Gas Update. Presentation to: Northeast Power Coordinating Council (NPCC) General Meeting Toronto, ON September 27, 2007 Natural Gas Update Presentation to: Northeast Power Coordinating Council (NPCC) General Meeting Thomas Kiley, President and CEO Northeast Gas Association Topics Winter Outlook

More information

PLANNED ENHANCEMENTS, NORTHEAST NATURAL GAS PIPELINE SYSTEMS (as of )

PLANNED ENHANCEMENTS, NORTHEAST NATURAL GAS PIPELINE SYSTEMS (as of ) PIPELINE SYSTEMS (as of 9-22-17) The Northeast Gas Association (NGA) has prepared this summary based on publicly-available information. NGA will strive to keep the information as updated as possible and

More information

NORTHEAST STATE PROFILES

NORTHEAST STATE PROFILES NORTHEAST STATE PROFILES CONNECTICUT Natural Gas Use in Connecticut Primary energy: 35% Electric generation capacity: 39% heating fuel: 35% Annual consumption: 243 billion cubic Natural Gas Pipelines Serving

More information

PLANNED ENHANCEMENTS, NORTHEAST NATURAL GAS PIPELINE SYSTEMS (as of )

PLANNED ENHANCEMENTS, NORTHEAST NATURAL GAS PIPELINE SYSTEMS (as of ) PIPELINE SYSTEMS (as of 5-4-18) The Northeast Gas Association (NGA) has prepared this summary based on publicly-available information. NGA will strive to keep the information as updated as possible and

More information

PLANNED ENHANCEMENTS, NORTHEAST NATURAL GAS PIPELINE SYSTEMS (as of )

PLANNED ENHANCEMENTS, NORTHEAST NATURAL GAS PIPELINE SYSTEMS (as of ) PIPELINE SYSTEMS (as of 1-2-19) The Northeast Gas Association (NGA) has prepared this summary based on publicly-available information. NGA will strive to keep the information as updated as possible and

More information

PLANNED ENHANCEMENTS, NORTHEAST NATURAL GAS PIPELINE SYSTEMS (as of )

PLANNED ENHANCEMENTS, NORTHEAST NATURAL GAS PIPELINE SYSTEMS (as of ) PIPELINE SYSTEMS (as of 8-4-16) The Northeast Gas Association (NGA) has prepared this summary based on publicly-available information. NGA will strive to keep the information as updated as possible and

More information

PLANNED ENHANCEMENTS, NORTHEAST NATURAL GAS PIPELINE SYSTEMS (as of )

PLANNED ENHANCEMENTS, NORTHEAST NATURAL GAS PIPELINE SYSTEMS (as of ) PIPELINE SYSTEMS (as of 1-22-18) The Northeast Gas Association (NGA) has prepared this summary based on publicly-available information. NGA will strive to keep the information as updated as possible and

More information

NORTHEAST STATE PROFILES

NORTHEAST STATE PROFILES NORTHEAST STATE PROFILES Northeast Gas Association 1 CONNECTICUT Natural Gas Use in Connecticut Primary energy: 35% Electric generation capacity: 39% heating fuel: 35% Annual consumption: 233 billion cubic

More information

2016 NH Energy Summit Next Steps for Natural Gas in the Region. ENGIE Gas & LNG, LLC. Joe Dalton Government Affairs Director.

2016 NH Energy Summit Next Steps for Natural Gas in the Region. ENGIE Gas & LNG, LLC. Joe Dalton Government Affairs Director. 2016 NH Energy Summit Next Steps for Natural Gas in the Region ENGIE Gas & LNG, LLC. Joe Dalton Government Affairs Director October 3, 2016 ENGIE North America Key Facts $4.9 billion (U.S.) 2015 annual

More information

Gas Infrastructure and Deliverability in New England

Gas Infrastructure and Deliverability in New England Understanding Our Energy Distribution Systems: Gas Infrastructure and Deliverability in New England Richard Levitan, rll@levitan.com March 5, 214 Agenda Price Discovery During the Polar Vortex New England

More information

Regional Market Update

Regional Market Update March 14, 2014 Providence, RI Regional Market Update Presentation to: NGA Sales & Marketing Conference Thomas Kiley Northeast Gas Association Continued on NGA web site http://www.northeastgas.org/about-nga/antitrust-guidelines

More information

Assessment of New England s Natural Gas Pipeline Capacity to Satisfy Short and Near- Term Electric Generation Needs: Phase II

Assessment of New England s Natural Gas Pipeline Capacity to Satisfy Short and Near- Term Electric Generation Needs: Phase II Assessment of New England s Natural Gas Pipeline Capacity to Satisfy Short and Near- Term Electric Generation Needs: Phase II Final Report w/ Appendices November 20, 2014 Submitted to: ISO New England

More information

Assessment of New England s Natural Gas Pipeline Capacity to Satisfy Short and Near- Term Electric Generation Needs: Phase II

Assessment of New England s Natural Gas Pipeline Capacity to Satisfy Short and Near- Term Electric Generation Needs: Phase II Assessment of New England s Natural Gas Pipeline Capacity to Satisfy Short and Near- Term Electric Generation Needs: Phase II Final Report w/ Appendices November 20, 2014 Submitted to: ISO New England

More information

Expanding Existing Pipeline Capacity to Meet New England s Energy Needs. Mike Dirrane Director, Marketing

Expanding Existing Pipeline Capacity to Meet New England s Energy Needs. Mike Dirrane Director, Marketing Expanding Existing Pipeline Capacity to Meet New England s Energy Needs Mike Dirrane Director, Marketing January 27, 2015 Spectra Energy s Portfolio of Assets Based in Houston, TX with operations in 30

More information

The Energy Consortium Recent Developments and the Outlook for Natural Gas in the Northeast. John R. Bitler October 20, 2010

The Energy Consortium Recent Developments and the Outlook for Natural Gas in the Northeast. John R. Bitler October 20, 2010 The Energy Consortium Recent Developments and the Outlook for Natural Gas in the Northeast John R. Bitler October 20, 2010 Northeast Overview Traditional Sources of Supply Gulf Coast Western Canada (WCSB)

More information

2017 STATISTICAL GUIDE

2017 STATISTICAL GUIDE 2017 STATISTICAL GUIDE NORTHEAST GAS MARKET AT-A-GLANCE NEW ENGLAND NEW YORK NEW JERSEY PENNSYL- VANIA Gas Customers Annual Consumption (2016) Interstate Pipelines Miles of transmission pipeline Underground

More information

Algonquin Gas Quality Technical Conference August 21, 2007 Weaver s Cove Energy

Algonquin Gas Quality Technical Conference August 21, 2007 Weaver s Cove Energy Algonquin Gas Quality Technical Conference August 21, 2007 Weaver s Cove Energy FERC approval in July 2005 Project proposes to utilize Air Injection Facilities LNG Marine Import Terminal 400 MMCF/day sendout

More information

Ten Years After Gas & Power in Perspective

Ten Years After Gas & Power in Perspective Regional Market Trends Forum Ten Years After Gas & Power in Perspective Richard Levitan, rll@levitan.com May 1, 2014 Agenda 2014 Polar Vortex v. 2004 Cold Snap Northeast Gas & Power 10 Years After Gas

More information

Is New England Over-Reliant On Natural Gas?

Is New England Over-Reliant On Natural Gas? May 21, 2013 Groton, CT Is New England Over-Reliant On Natural Gas? Presentation to: Northeast Energy & Commerce Association Annual Energy Conference Thomas M. Kiley Northeast Gas Association NO but let

More information

New England s Energy Mix: Clean, Diverse, Responsive and Getting Even Better

New England s Energy Mix: Clean, Diverse, Responsive and Getting Even Better New England s Energy Mix: Clean, Diverse, Responsive and Getting Even Better ENGIE s Distrigas subsidiary is proud of its 45-year history of supplying New England with LNG a critical component of its energy

More information

February 2018 MARKET BACKGROUND. Population and Economy

February 2018 MARKET BACKGROUND. Population and Economy NGA Regional Market Outlook Market - February Outlook 2018 February 2018 The Northeast Gas Association (NGA) is pleased to present this overview of market characteristics and recent developments in the

More information

Tennessee Gas Pipeline Co, L.L.C. Northeast Energy and Commerce Association September 27, 2012

Tennessee Gas Pipeline Co, L.L.C. Northeast Energy and Commerce Association September 27, 2012 Tennessee Gas Pipeline Co, L.L.C. Northeast Energy and Commerce Association September 27, 2012 The Kinder Morgan System 4 th largest energy company in North America Enterprise value ~ $95 billion Largest

More information

CBIA Energy Conference Natural Gas- Coming to Your Neighborhood Soon October 10, 2013 Cromwell, Connecticut Michael Dirrane Director, Northeast

CBIA Energy Conference Natural Gas- Coming to Your Neighborhood Soon October 10, 2013 Cromwell, Connecticut Michael Dirrane Director, Northeast CBIA Energy Conference Natural Gas- Coming to Your Neighborhood Soon October 10, 2013 Cromwell, Connecticut Michael Dirrane Director, Northeast Marketing Spectra Energy U.S. Transmission Map Miles of Pipe

More information

2010 Annual Winter Reliability Assessment Meeting November 4, Carlos Thillet Manager Gas Supply and Transportation PECO Energy Company

2010 Annual Winter Reliability Assessment Meeting November 4, Carlos Thillet Manager Gas Supply and Transportation PECO Energy Company Pennsylvania Public Utility Commission 2010 Annual Winter Reliability Assessment Meeting November 4, 2010 Carlos Thillet Manager Gas Supply and Transportation PECO Energy Company 2010-11 Reliability Overview

More information

2018 STATISTICAL GUIDE

2018 STATISTICAL GUIDE 2018 STATISTICAL GUIDE NORTHEAST GAS MARKET AT-A-GLANCE NEW ENGLAND NEW YORK NEW JERSEY PENNSYL- VANIA Gas Customers Annual Consumption (2017) Interstate Pipelines Miles of transmission pipeline Underground

More information

The Role of LNG in New England Gas Supply

The Role of LNG in New England Gas Supply The Role of LNG in New England Gas Supply Keith Crane, Commercial Development Director GDF SUEZ Gas North America Northeast Gas Association Meeting April 23, 2015 1 Winter 2014/2015 Was Cold 2 2 New England

More information

NGA Regional Market July 2017

NGA Regional Market July 2017 NGA Regional Market Market Outlook - Outlook July 2017 July 2017 The Northeast Gas Association (NGA) is pleased to present this overview of market characteristics and recent developments in the Northeast

More information

Spectra Energy - Infrastructure Expansion Solutions

Spectra Energy - Infrastructure Expansion Solutions Maine International Trade Center Canada Day Program Spectra Energy - Infrastructure Expansion Solutions Greg Crisp General Manager, Business Development March 26, 2015 Safe Harbor Statement Some of the

More information

NORTHERN UTILITIES, INC. NEW HAMPSHIRE DIVISION ANNUAL COST OF GAS ADJUSTMENT FILING PREFILED TESTIMONY OF FRANCIS X.

NORTHERN UTILITIES, INC. NEW HAMPSHIRE DIVISION ANNUAL COST OF GAS ADJUSTMENT FILING PREFILED TESTIMONY OF FRANCIS X. NORTHERN UTILITIES, INC. NEW HAMPSHIRE DIVISION ANNUAL 0-0 COST OF GAS ADJUSTMENT FILING PREFILED TESTIMONY OF FRANCIS X. WELLS Prefiled Testimony of Francis X. Wells Annual 0-0 COG Filing Page of I. INTRODUCTION

More information

Natural Gas Pipeline Expansion Activity

Natural Gas Pipeline Expansion Activity Natural Gas Pipeline Expansion Activity Energy Finance 2015 March 19, 2015 John A. Rosenkranz Principal North Side Energy, LLC Upswing in Gas Pipeline Development Source: Federal Energy Regulatory Commission

More information

Gas Infrastructure and Deliverability in New England

Gas Infrastructure and Deliverability in New England Understanding Our Energy Distribution Systems: Gas Infrastructure and Deliverability in New England Richard Levitan, rll@levitan.com March 5, 2014 Understanding Our Energy Distribution Systems Agenda Price

More information

The Year in Review. NGA Regional Market Outlook - November 2018

The Year in Review. NGA Regional Market Outlook - November 2018 The Year in Review 2018 NGA Regional Market Outlook - November 2018 The Northeast Gas Association (NGA) is pleased to present this annual overview of market characteristics and recent developments in the

More information

Blueprint for Reliability:

Blueprint for Reliability: Blueprint for Reliability: 2005 Northeast Power Coordinating Council General Meeting Department of Telecommunications and Energy Chairman Paul G. Afonso September 28, 2005 1 Electricity Projected Growth

More information

New England Pipeline and Transmission Infrastructure: Recent Studies

New England Pipeline and Transmission Infrastructure: Recent Studies New England Pipeline and Transmission Infrastructure: Recent Studies Energyzt Advisors, LLC NE Electricity Restructuring Roundtable 20 November 2015 1 Contents Objectives Review the findings of the Energyzt

More information

C9-19. Slide 1. markets later in the presentation.

C9-19. Slide 1. markets later in the presentation. C9-19 Slide 1 Mr. Chairman, Commissioners. Today I am pleased to present the Office of Enforcement's Winter 2011-2012 Energy Market Assessment. The Winter Energy Assessment is staff's opportunity to share

More information

Spectra Energy: Moving Ahead, Gaining Momentum

Spectra Energy: Moving Ahead, Gaining Momentum 8 th ANNUAL PLATTS PIPELINE EXPANSION & DEVELOPMENT CONFERENCE HOUSTON, TX SEPTEMBER 17, 2013 Spectra Energy: Greg Crisp Director, Business Development Safe Harbor Statement Some of the statements in this

More information

Natural Gas Issues and Emerging Trends for the Upcoming Winter and Beyond

Natural Gas Issues and Emerging Trends for the Upcoming Winter and Beyond Natural Gas Issues and Emerging Trends for the Upcoming Winter and Beyond 2013 NASEO WINTER ENERGY OUTLOOK CONFERENCE November 1, 2013 Kevin Petak Vice President, ICF International Kevin.Petak@icfi.com

More information

Energy Security, Economic & Environmental

Energy Security, Economic & Environmental NEW ENGLAND CANADA BUSINESS COUNCIL 11.13.15 Important Role of Natural Gas Pipelines: Energy Security, Economic & Environmental William T. Yardley President, U.S Transmission NEW ENGLAND CANADA BUSINESS

More information

NGA Regional Market May 2016

NGA Regional Market May 2016 NGA Regional Market Market Outlook - Outlook May 2016 May 2016 The Northeast Gas Association (NGA) is pleased to present this periodic overview of market characteristics and recent developments in the

More information

PECO Gas Supply Winter Planning. Page 1

PECO Gas Supply Winter Planning. Page 1 PECO Gas Supply Winter Planning Page 1 Topics PECO s Winter Supply Planning Supply Portfolio Winter Pricing Predictions Supply Picture Capacity Availability Damage Prevention Page 2 PECO s s Winter Gas

More information

Northeast Natural Gas Winter Outlook

Northeast Natural Gas Winter Outlook Northeast Natural Gas Winter Outlook November 2016 KEY POINTS The natural gas supply situation is strong, nationally and in the Northeast. A secure supply balance and robust storage levels are resulting

More information

TABLE OF CONTENTS I. INTRODUCTION AND QUALIFICATIONS... II. NED SUPPLY PATH PROPOSAL... III. GAS PRICE FORECASTS... IV. NED SUPPLY PATH QUANTITY... V.

TABLE OF CONTENTS I. INTRODUCTION AND QUALIFICATIONS... II. NED SUPPLY PATH PROPOSAL... III. GAS PRICE FORECASTS... IV. NED SUPPLY PATH QUANTITY... V. BEFORE THE NEW HAMPSHIRE PUBLIC UTILITIES COMMISSION Liberty Utilities (EnergyNorth Natural Gas) Corp. d/b/a Liberty Utilities Docket No. DG - Petition for Approval of Tennessee Gas Pipeline Company, L.L.C.

More information

Northeast Natural Gas Winter Outlook

Northeast Natural Gas Winter Outlook Northeast Natural Gas Winter Outlook November 2017 KEY POINTS The natural gas supply situation is strong, nationally and in the Northeast. A secure supply balance and storage levels are resulting in stable

More information

Energy Market Update. August 21, Chris Dubay. Energy Advisor

Energy Market Update. August 21, Chris Dubay. Energy Advisor Energy Market Update August 21, 2014 Chris Dubay Energy Advisor NYMEX is Range-bound Again Reached 5-year highs in Feb Prices had been range-bound since late Feb ($4.30 - $4.80) Broke out below range on

More information

ELECTRONICALLY FILED. Docket No STATE OF MAINE. March 20, 2015 PUBLIC UTILITIES COMMISSION

ELECTRONICALLY FILED. Docket No STATE OF MAINE. March 20, 2015 PUBLIC UTILITIES COMMISSION ELECTRONICALLY FILED STATE OF MAINE PUBLIC UTILITIES COMMISSION Docket No. 2014-00071 March 20, 2015 MAINE PUBLIC UTILITIES COMMISSION Investigation of Parameters for Exercising Authority Pursuant to the

More information

MAINE STATE LEGISLATURE

MAINE STATE LEGISLATURE MAINE STATE LEGISLATURE The following document is provided by the LAW AND LEGISLATIVE DIGITAL LIBRARY at the Maine State Law and Legislative Reference Library http://legislature.maine.gov/lawlib Reproduced

More information

UGI ENERGY SERVICES, INC.

UGI ENERGY SERVICES, INC. UGI ENERGY SERVICES, INC. Peter Terranova Vice President, Midstream Assets & Services May 13, 2011 UGI Corporation UGI Corporation Propane Majority interest in AmeriGas (largest domestic retail propane

More information

May 2014 MARKET BACKGROUND. Population & Economy

May 2014 MARKET BACKGROUND. Population & Economy NGA NGA Regional Market Outlook, Outlook 5-14 May 2014 The Northeast Gas Association (NGA) is pleased to present its update of market characteristics and recent developments in the Northeast region of

More information

Northeast Natural Gas Winter Outlook

Northeast Natural Gas Winter Outlook Northeast Natural Gas Winter Outlook October 2018 KEY POINTS The natural gas supply situation is strong, nationally and in the Northeast. Storage levels nationally are below average heading into winter,

More information

DRAFT APPENDIX S. IMPACT OF EXTREME COLD CONDITIONS: S31, S33 AND S36. Table of Contents

DRAFT APPENDIX S. IMPACT OF EXTREME COLD CONDITIONS: S31, S33 AND S36. Table of Contents APPENDIX S. IMPACT OF EXTREME COLD CONDITIONS: S31, S33 AND S36 Table of Contents 1 S31: Very Cold Snap with 90/10 Electric and RCI Gas Demands... 1 1.1 RGDS S31 Winter 2018... 1 1.2 RGDS S31 Winter 2023...

More information

Investor Chat Series December 17, Tom O Connor. President & CEO Duke Energy Gas Transmission

Investor Chat Series December 17, Tom O Connor. President & CEO Duke Energy Gas Transmission Investor Chat Series December 17, 2004 Tom O Connor President & CEO Duke Energy Gas Transmission Safe Harbor Statement Under the Private Securities Litigation Act of 1995 This document contains forward

More information

Agenda. Natural gas and power markets overview. Generation retirements and in developments. Future resource mix including large hydro

Agenda. Natural gas and power markets overview. Generation retirements and in developments. Future resource mix including large hydro Agenda Natural gas and power markets overview Generation retirements and in developments Future resource mix including large hydro Balancing environmental, reliability and cost impacts 1 Northeast Utilities

More information

REVIEW OF ISO-NE OPERATIONAL FUEL SECURITY ANALYSIS

REVIEW OF ISO-NE OPERATIONAL FUEL SECURITY ANALYSIS REVIEW OF ISO-NE OPERATIONAL FUEL SECURITY ANALYSIS January 30, 2018 www.poweradvisoryllc.com To: Clients and Colleagues From: John Dalton, President and Tyler Sellner, Researcher, Power Advisory LLC Earlier

More information

ISO New England Regional Electricity Outlook

ISO New England Regional Electricity Outlook F E B R U A R Y 7, 2 0 1 7 B E R L I N, C T ISO New England Regional Electricity Outlook Association of Energy Engineers, Connecticut Chapter Stephen J. Rourke V I C E P R E S I D E N T, S Y S T E M P

More information

Natural Gas Outlook for Connecticut. March 14, 2012 Connecticut Power and Energy Society

Natural Gas Outlook for Connecticut. March 14, 2012 Connecticut Power and Energy Society Natural Gas Outlook for Connecticut March 14, 2012 Connecticut Power and Energy Society 1 1 % of penetration of gas % CT Home Heating Market Connecticut Has High Growth Potential 2 CT Home Heating Market

More information

Regulatory Mechanisms to Ensure Fuel Adequacy U.S. DOE Electricity Advisory Committee

Regulatory Mechanisms to Ensure Fuel Adequacy U.S. DOE Electricity Advisory Committee Regulatory Mechanisms to Ensure Fuel Adequacy U.S. DOE Electricity Advisory Committee Update on the New England Governors' Proposal to Invest in Strategic Infrastructure and Address Price Disparities New

More information

Meeting New England s Gas Needs: LNG is Still There and Still Relevant

Meeting New England s Gas Needs: LNG is Still There and Still Relevant Meeting New England s Gas Needs: LNG is Still There and Still Relevant USEA 7 th Annual Energy Supply Form Washington, D.C. October 2, 2014 Frank J. Katulak President & CEO GDF SUEZ Gas NA LLC 2 Content

More information

CHP Economic Factors: Electric and Natural Gas Market Trends PREPARED BY: PREPARED FOR: DATE:

CHP Economic Factors: Electric and Natural Gas Market Trends PREPARED BY: PREPARED FOR: DATE: CHP Economic Factors: Electric and Natural Gas Market Trends PREPARED BY: PREPARED FOR: DATE: Daniel Peaco, Principal Consultant Efficiency Maine Combined Heat & Power Conference SEPTEMBER 29, 2016 Discussion

More information

ENERGY WATCH Authors: Paul Flemming, Julia Criscuolo, Oliver Kleinbub, José Rotger and Scott Niemann

ENERGY WATCH Authors: Paul Flemming, Julia Criscuolo, Oliver Kleinbub, José Rotger and Scott Niemann NORTHEAST POWER MARKETS ENERGY WATCH Authors: Paul Flemming, Julia Criscuolo, Oliver Kleinbub, José Rotger and Scott Niemann In light of recent growth in natural gas production growth and expected costs

More information

In Response to the New York Energy Highway RFI Spectra Energy Corp s Comments May 30, 2012

In Response to the New York Energy Highway RFI Spectra Energy Corp s Comments May 30, 2012 In Response to the New York Energy Highway RFI Spectra Energy Corp s Comments May 30, 2012 Spectra Energy Corp ( Spectra Energy ) appreciates the opportunity to provide comments to the New York Energy

More information

Managing the Rapid Transformation of New England s Energy Resources

Managing the Rapid Transformation of New England s Energy Resources NOVEMBER 13, 2015 BOSTON, MA Managing the Rapid Transformation of New England s Energy Resources New England-Canada Business Council Gordon van Welie PRESIDENT AND CEO New England Has Seen Dramatic Changes

More information

DISCLAIMER Forward Looking Statements ALL RIGHTS ARE RESERVED REPSOL YPF, S.A. 2012 Repsol YPF, S.A. Repsol is the exclusive owner of this document. No part of this document may be reproduced (including

More information

EIA Short-Term Energy and Winter Fuels Outlook

EIA Short-Term Energy and Winter Fuels Outlook EIA Short-Term Energy and Winter Fuels Outlook NASEO 2015 Winter Energy Outlook Conference Washington, DC by Howard Gruenspecht, Deputy Administrator U.S. Energy Information Administration Independent

More information

Pre-Winter Briefing Northeast Gas Association

Pre-Winter Briefing Northeast Gas Association Pre-Winter Briefing Northeast Gas Association November 2, 2017 Steve Taake Gas Marketing Manager ENGIE Gas & LNG Overview Part of ENGIE North America who manages a wide range of energy businesses in the

More information

From Restructuring to Decarbonization: Operational and Market-Design Challenges in New England

From Restructuring to Decarbonization: Operational and Market-Design Challenges in New England SEPTEMBER 25, 2018 WASHINGTON, DC From Restructuring to Decarbonization: Operational and Market-Design Challenges in New England USAEE/IAEE North American Conference Evolving Energy Realities Gordon van

More information

New England Electricity Outlook

New England Electricity Outlook O C T O B E R 2 1, 2 0 1 6 S O U T H P O R T L A N D, M E New England Electricity Outlook Environmental and Energy Technology Council of Maine (E2Tech) Eric Johnson D I R E C T O R, E X T E R N A L A F

More information

What s the Deal? 21 st Century Energy. CBIA and CPES. New England States Committee on Electricity. October 8, 2014

What s the Deal? 21 st Century Energy. CBIA and CPES. New England States Committee on Electricity. October 8, 2014 What s the Deal? 21 st Century Energy CBIA and CPES New England States Committee on Electricity October 8, 2014 NESCOE New England s Regional State Committee governed by a Board of Managers appointed by

More information

Tennessee Gas Pipeline. New Jersey Highlands Council April 16, 2009

Tennessee Gas Pipeline. New Jersey Highlands Council April 16, 2009 Tennessee Gas Pipeline New Jersey Highlands Council April 16, 2009 Cautionary Statement Regarding Forward-looking Statements This presentation includes forward-looking statements and projections, made

More information

AEE New England New England Energy Update 1/6/2016. Tim Bigler Senior Market Strategist

AEE New England New England Energy Update 1/6/2016. Tim Bigler Senior Market Strategist AEE New England New England Energy Update 1/6/2016 Tim Bigler Senior Market Strategist Agenda NYMEX NG/Oil Prices New England NG/Electric Prices Future Gas Produc:on Influences New England NG Pipeline

More information

Energy Market Fundamentals Update

Energy Market Fundamentals Update Energy Market Fundamentals Update 16 January 2019 Gregory.Kosier@Constellation.com 213.996.6116 Quick Introduction Exelon s family of companies represents every stage of the energy value chain. Generation

More information

Managing the Reliability of the Electric Grid While the Power Industry Undergoes Rapid Transformation

Managing the Reliability of the Electric Grid While the Power Industry Undergoes Rapid Transformation SEPTEMBER 19, 2014 BOSTON, MA Managing the Reliability of the Electric Grid While the Power Industry Undergoes Rapid Transformation Massachusetts Restructuring Roundtable Gordon van Welie PRESIDENT & CEO

More information

Winter Polar Vortex

Winter Polar Vortex been impacted? What do we have to say from a supplier s standpoint? As everyone living in the Northeast and much of the Mid-Atlantic knows, this has been one of the coldest winters east of the Rockies

More information

The Transformation of the New England Electric Grid and the Importance of Situational Awareness Tools

The Transformation of the New England Electric Grid and the Importance of Situational Awareness Tools SEPTEMBER 26, 2017 SPRINGFIELD, MA The Transformation of the New England Electric Grid and the Importance of Situational Awareness Tools North American SynchroPhasor Initiative NASPI Work Group Meeting

More information

The Impact of Recent Hurricanes on U.S. Gas Markets for the Upcoming Winter

The Impact of Recent Hurricanes on U.S. Gas Markets for the Upcoming Winter The Impact of Recent Hurricanes on U.S. Gas Markets for the Upcoming Winter A Study Performed For INGAA by Energy and Environmental Analysis, Inc. Background In early October 2005, INGAA contracted with

More information

STATE OF MICHIGAN BEFORE THE MICHIGAN PUBLIC SERVICE COMMISSION

STATE OF MICHIGAN BEFORE THE MICHIGAN PUBLIC SERVICE COMMISSION STATE OF MICHIGAN BEFORE THE MICHIGAN PUBLIC SERVICE COMMISSION In the matter of the Application of ) DTE Gas Company for approval of a ) Gas Cost Recovery Plan, 5-year Forecast ) Case No. U-18412 and

More information

Natural Gas Supply 2018 and Beyond Moncton, NB November 15, Mike Whalen General Manager

Natural Gas Supply 2018 and Beyond Moncton, NB November 15, Mike Whalen General Manager Natural Gas Supply 2018 and Beyond Moncton, NB November 15, 2018 Mike Whalen General Manager Maritimes & Northeast Pipeline System Quebec New Brunswick Maine Point Tupper VT Saint John Goldboro NH MA Boston

More information

Author: Greg Lander For The New Jersey Conservation Foundation.

Author: Greg Lander For The New Jersey Conservation Foundation. Analysis of Regional Pipeline System's Ability to Deliver Sufficient Quantities of Natural Gas During Prolonged and Extreme Cold Weather (Winter 2017-2018) Author: Greg Lander For The New Jersey Conservation

More information

The Impact of Recent Hurricanes on the U.S. Gas Markets for the Upcoming Winter

The Impact of Recent Hurricanes on the U.S. Gas Markets for the Upcoming Winter The Impact of Recent Hurricanes on the U.S. Gas Markets for the Upcoming Winter Presented to: Interstate Natural Gas Association of America October 28, 2005 Energy and Environmental Analysis, Inc. 1655

More information

2017 Annual Seaview Customer Meeting. SEAVIEW RESORT, Galloway, NJ May 4, 2017

2017 Annual Seaview Customer Meeting. SEAVIEW RESORT, Galloway, NJ May 4, 2017 2017 Annual Seaview Customer Meeting SEAVIEW RESORT, Galloway, NJ May 4, 2017 1 Agenda 2017 Seaview Customer Event Welcome/Enbridge Update Winter Operations Pipeline Postings New Pipeline Development Regulatory

More information

East Coast Projects Overview

East Coast Projects Overview INA Foundation Spring Meeting East Coast s Overview April 17, 2008 Chris Helms Ohio Storage Appalachian West to East Northeast Passage Northern Bridge Time II & III New Penn Chestnut Ridge Greenway Elba

More information

Gas-Electric Coordination: Pipeline Infrastructure

Gas-Electric Coordination: Pipeline Infrastructure Platts Northeast Energy Markets Conference Gas-Electric Coordination: Pipeline Infrastructure New England States Committee on Electricity April 23, 2013 NESCOE New England s Regional State Committee Governed

More information

Westfield Gas & Electric 2017/2018 Energy Outlook October 4, 2017

Westfield Gas & Electric 2017/2018 Energy Outlook October 4, 2017 Westfield Gas & Electric 2017/2018 Energy Outlook October 4, 2017 Connection of Natural Gas & Electric Power While natural gas supplies are plentiful the delivery infrastructure in the Northeast remains

More information

NGA 2018 Regional Market Trends Forum. Portland Natural Gas Transmission System Update May 3, 2018

NGA 2018 Regional Market Trends Forum. Portland Natural Gas Transmission System Update May 3, 2018 NGA 2018 Regional Market Trends Forum Portland Natural Gas Transmission System Update May 3, 2018 Forward Looking Statement Forward-Looking Information This presentation may contain certain information

More information

PO Box 103 Fremont Center, NY RE: Res

PO Box 103 Fremont Center, NY RE: Res 1 PO Box 103 Fremont Center, NY 12736 RE: Res 0549-2015 I am submitting these comments on behalf of Catskill Citizens for Safe Energy, an all-volunteer grassroots organization with 14,000 members in New

More information

IMPORTED LNG: A RELIABLE PEAKING OPTION FOR NEW ENGLAND

IMPORTED LNG: A RELIABLE PEAKING OPTION FOR NEW ENGLAND IMPORTED LNG: A RELIABLE PEAKING OPTION FOR NEW ENGLAND NGA Market Trends Forum Hartford, CT Vince Morrissette Vice President, Origination & Regulatory Affairs April 30, 2013 Vince Morrissette Vice President,

More information

WEEKLY MARKET UPDATE

WEEKLY MARKET UPDATE WEEKLY MARKET UPDATE Weekly Summary: The U.S. Energy Information Administration reported last week that natural gas storage decreased by 183 Bcf. The withdrawal for the same week last year was 230 Bcf

More information

ISO New England Gambling with Natural Gas U.S. Power and Gas Weekly.

ISO New England Gambling with Natural Gas U.S. Power and Gas Weekly. ? ISO New England Gambling with Natural Gas U.S. Power and Gas Weekly. Morningstar Commodities Research 25 January 2018 Dan Grunwald Associate, Power and Gas +1 312 244-7135 daniel.grunwald@morningstar.com

More information

Case Study: New LNG Supply to New York State

Case Study: New LNG Supply to New York State Case Study: New LNG Supply to New York State Michael J. Scott Deputy Director, Gas Water and Safety Office of Electric, Gas and Water New York State Department of Public Service Michael_Scott@dps.state.ny.us

More information

Investor Presentation. EnerCom's The Oil & Gas Conference Denver, CO August 12, 2013

Investor Presentation. EnerCom's The Oil & Gas Conference Denver, CO August 12, 2013 Investor Presentation EnerCom's The Oil & Gas Conference Denver, CO August 12, 2013 KEY INVESTMENT HIGHLIGHTS Extensive Inventory of Low-Risk, High-Return Drilling Opportunities Industry Leading Production

More information