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Shrinking coal stockpiles and gas storage are a growing quandary for utilities
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
Facing tight supply in both the coal and gas markets, utilities may find themselves challenged to meet US electricity demand in coming months. The natural gas vs coal elasticity curve has flattened. Switching to coal from gas is increasingly limited as coal stockpiles run low. With supply no longer able to support substantial growth and with demand levers also limited, the upcoming winter stands in a perilous position.
Table of contents
- Coal supply and demand imbalance
- Winter dependency on stockpiles
- Tight supply in gas markets as well
- Gas burn becoming more inelastic
- What other demand price levers exists?
- Gas storage racing against time
Tables and charts
This report includes the following images and tables:
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Coal-fired generationApparent production capacityUS quarterly coal production and productivity
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US coal stockpilesHenry Hub versus TTF gas price futures settlement since the start of summer 2021Elasticity of daily gas burn to Henry Hub gas prices start to flatten beyond $3.50/mmbtuUS L48 gas storage versus Henry Hub gas prices
What's included
This report contains:
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