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Tom Kirkman

Natural Gas In The Electric Power Sector - Latest Trends

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Natural gas usage continues to rise in generating electric power in the U.S.

The primary consumer of natural gas in the U.S. is the electric power generation sector.

Coal useage for generating electricity continues to decline, which is a good thing.

Natural Gas In The Electric Power Sector - Latest Trends


● The weight of the Electric Power sector in the natural gas market continues to grow.

● Coal-to-gas-switching currently stands at around 9.7 bcf/d, some 3.1 bcf/d above the five-year average.

● However, wind generation is displacing the record amounts of potential natural gas consumption in the Electric Power sector.

● This May, renewables can potentially displace no less than 7.0 bcf/d of potential natural gas consumption.

Total natural gas balance in May is currently projected to be slightly tighter than last year, which is a weak bullish signal (with all other things being equal). ....

 ... In one of our previous articles, we explained why natural gas traders should care about the latest trends in the Electric Power sector and what indicators they should be monitoring. In this article, we would simply like to update you on some of the latest trends

As you know, the Electric Power sector is the primary consumer of natural gas in the United States. Its share in the annual demand structure is now more than 32%, while its share in the injection season demand is close to 50% (see the charts below).  ...

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