February 2013 While the rise in natural gas prices from the lows of 2012 has taken some pressure off of the nation's coal plants, economic displacement of coal generation by gas-fueled plants remains an important aspect of power markets going into 2013. Persistently strong shale-driven natural gas production continues to keep a lid on gas market prices. Current market dynamics look to remain conducive to some economic displacement of coal volumes in 2013 primarily in Eastern markets with some potential remaining for the Midwest ISO. SNL Energy explores the environment for coal to gas switching in the U.S. and estimates potential displacement in 2013.
January 2013 With the notable exception of ERCOT, domestic U.S. power markets continue to be oversupplied. However, expected conditions could change significantly over the next 5-10 years as factors such as unit retirements, new-build generation and demand-side resources could all change the supply/demand balance. SNL Energy takes a look at the supply/demand balance of the major ISO markets in the U.S. and two WECC sub-regions, and forecasts those balances to 2025 while suggesting several major risk factors by region that could alter the forecast.