Electricity

EIA lowers H2 2019 Henry Hub price forecast, releases regional power data

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S&P Global Platts

Washington — Citing late-July natural gas price decreases and expectations of production growth, the US Energy Information Administration on Tuesday lowered its Henry Hub spot price forecasts for the second half of 2019.

The US Energy Information Administration, in its August Short-Term Energy Outlook, trimmed the forecast for Q3 Henry Hub natural gas spot prices by 6 cents to $2.29/MMBtu. The Q4 forecast also fell 22 cents from the previous month’s estimates to …

Generation

Southwest Power Pool backs report calling for new products, rules to cope with renewables

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S&P Global Platts

Author Kate Winston

Washington — In the face of a rapidly changing generation fleet, Southwest Power Pool’s board has approved a wide-ranging batch of stakeholder recommendations to boost reliability, enhance transmission planning, improve the wholesale market and address energy storage.

The recommendations urge SPP to consider or continue some key overhauls to address the variability of renewables, including a creating a …