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Friday, 17 February 2006

Info Post
NEI has begun posting an Energy Markets Report (pdf) for readers on our website. This report is an eight page snapshot of what went on in the energy markets the previous week. It includes electricity, natural gas, and oil prices and graphs. It also includes, daily nuclear capacity availabilities and futures' prices as well as future capacity builds and short term outlooks.

The data presented are from Global Energy Decisions, InterContinental Exchange, Nuclear Regulatory Commission, Edison Electric Institute and Energy Information Administration.

Here's a summary of what went on last week:
  • Electricity prices were mixed across the country (see pages 1 & 2). Gas prices at the Henry Hub fell by $.47 to $7.86/MMBtu (see page 4).

  • Electricity demand is expected to increase by 0.5 percent in 2006 and by an additional 2.0 percent in 2007 due mainly to weather conditions and continuing economic growth. Electric power sector demand for coal is projected to increase by 1.2 percent in 2006 and by another 1.4 percent in 2007. Total natural gas demand in 2006 is projected to remain near 2005 levels, then increase by 2.3 percent in 2007 (see page 8).

For the report click here (pdf).

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