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Wednesday 11 October 2006

Info Post
Here's a summary of what went on in the energy markets last week:

Electricity prices mostly increased throughout the country last week (see pages 1 & 2). Gas prices continued to fall at the Henry Hub declining $.24 to $4.11/MMBtu (see page 4).

Nuclear capacity availability was at 84% last week. Sixteen reactors were down for refueling and two were offline for maintenance (see pages 2&3).

Total electricity demand is expected to increase by 1.1 percent in 2006. Total electricity demand is expected to grow in 2007 by 1.3 percent as a result of continued economic growth and an assumed return to normal temperature patterns. Coal demand is expected be flat in 2006 and increase by 2.6 percent in 2007. The Henry Hub natural gas price is expected to average about $6.90 per mcf in 2006 and $7.53 per mcf in 2007 (see page 8).

For the podcast click here (10 MB). For the report click here (pdf). It is also located on NEI's Nuclear Statistics webpage.

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