Widespread public power shut-offs are being credited with pushing California natural gas prices higher in the Oct. 3 through Oct. 10 trading period.
The first of October marked the beginning of a new water year that is kicking off with "significantly more water in storage" than in the prior water year, according to the California Department of Water Resources.
While California Independent System Operator demand dropped in the Sept. 19 to Sept. 26 trading period, California power prices posted gains by week's end.
Pipeline constraints and reduced storage at Aliso Canyon, coupled with current inventory levels that are less than 2018's, prompted California Public Utilities Commission Executive Director Alice Stebbins to ask Southern California Gas Co. to "take immediate action" to prevent reliability pr…
Natural gas prices at three California hubs moved above the $3/MMBtu mark as withdrawals were made from regional storage facilities.
Searing, record heat across the western U.S. didn’t translate into higher power demand or prices throughout the week. As temperatures climbed, peak power prices across the West dropped between $6 and as much as $16.10 between Aug. 15 and Aug. 22.
Peak power prices across the West picked up between $4 and as much as $18.25 in trading this week, a portion of which can be attributed to greater California demand and extreme heat across the Southwest.
California natural gas prices are “among the highest” in the continental U.S. this summer, according to the U.S. Energy Information Administration.
There was “some price volatility” associated with a series of Southern California earthquakes and aftershocks that occurred over the Fourth of July weekend, the U.S. Energy Information Administration said, but Southern California gas transmission and distribution systems were largely unaffected.
The Aliso Canyon natural gas storage facility is at its full authorized capacity and California natural gas prices appeared to respond, with prices softening in trading.
After pausing operation for its 24th refueling, Energy Northwest’s Columbia Generating Station nuclear plant began ramping up again in the early morning hours of June 21.