Latest Breaking News On - கப்பல் சேனல் - Page 11 : comparemela.com
Houston The Electric Reliability Council of Texas wind output topped natural gas generation in March, 38.4% to 30.2%, for the first time on record, and contributed to day-ahead on-peak prices averaging significantly below March 2020 levels, despite the pandemic s stronger effect on March 2020 power demand.
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However, significantly lighter loads contributed to wind s winning share in March, and natural gas is likely to resume its lead over the summer, Giuliano Bordignon, an S&P Global Platts Analytics analyst, said April 8.
Day-ahead on-peak locational marginal prices averaged in the low- to mid-$20s/MWh this March in every hub except Houston Hub, where the average was around $30/MWh, according to S&P Global Platts price database. Thus, the year-on-year change was down between 14.4% and 26.5% across most of the state and up just 2.3% in the Houston Hub
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LNG Project Tracker: Commercial talks pick up as field of developers shrinks
Some U.S. LNG developers expressed a renewed optimism in recent months that growing interest among world buyers in signing long-term supply deals will boost the prospects for commercially sanctioning new LNG export projects in 2021, following a year marked by a lack of final investment decisions.
More than a dozen LNG developers in North America are competing to advance their projects to construction amid a strong rebound in LNG demand. But so far this year, the pool of potential U.S. LNG projects has already gotten smaller, with Exelon Corp.-backed Annova LNG’s recent decision to cease development of its proposed export facility in Texas, citing “changes in the global LNG market.” Analysts expect more projects will fall by the wayside.
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