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Thursday 19 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 rose at the Henry Hub increasing $.79 to $4.90 /MMBtu (see page 4).

Nuclear capacity availability was at 78% last week. Twenty reactors were down for refueling and four were offline for maintenance (see pages 2&3).

The North American Electric Reliability Council released its 2006 Long-Term Reliability Assessment which can be found here: http://www.nerc.com/~filez/rasreports.html. According to the summary, “electric utilities forecast demand to increase over the next ten years by 19 percent (141,000 MW) in the United States and 13 percent (9,500 MW) in Canada, but project committed resources to increase by only 6 percent (57,000 MW) in the U.S. and by 9 percent (9,000 MW) in Canada.”

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

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