Updated Aug 22, 2024
8/22/24
Continued production curtailments and rising electric power sector demand are expected to drive Henry Hub natural gas prices higher through the end of 2024 and lead to production growth in 2025, according to updated federal forecasts.
Natural gas generation capacity in Texas is set to soar by 2030, necessitating the need to incentivize a bigger generation build out, according to top Texas officials.
Mexico’s recent widespread blackouts serve as a warning in failed policies for the current and incoming governments, but solutions are available, experts said Thursday.
FERC acted to revamp the entire U.S. transmission grid to prepare for extreme climate threats and face the challenge of growing power demand – including for natural gas-fired generation – via a rulemaking that outlines how to plan and pay for facilities. Still to come are the legal battles.