Insight
Can power demand for gas sustain record-breaking levels through the summer?
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
With Henry Hub trading close to summer 2015 levels, reduced coal contracting and coal unit retirements sets up strong growth in gas demand for July through September even at average temperatures. If temperatures hold close to seasonal norms, Wood Mackenzie expects 3.1 bcfd of added gas demand between July and September, year over year, at a $2.60 Henry Hub price. Also included are regional power demand curves from $2.00–3.50/mmbtu. The story, however, is not a homogeneous one. We include regional, monthly demand curves by gas-fired technology from $2.00-$3.50/mmbtu to differentiate the subtleties.
Table of contents
-
Key messages
- Low gas prices and weather signal strong Mid Atlantic growth
Tables and charts
No table or charts specified
What's included
This report contains:
Other reports you may be interested in
Commodity Market Report
Summer arrives as pandemic lingers: North America power and renewables June 2020 short-term outlook
Daily demand in May declined 7.4% compared to the same time last year and 11.5% compared to 2018, due to the continuing pandemic impact.
$2,000
Insight
Mexico gas, power and renewables service: 2024 in review
Is Mexico’s energy sector at a turning point? Record heat, grid strain, LNG expansion, and sweeping reforms in 2024
$950
Commodity Market Report
Mexico gas, power, and renewables 10-year investment horizon outlook 2024
An updated and more focused view for the next ten years, with new data to the mid-century.
$8,000
