June 2017

US EIA - Weekly Natural Gas Storage Report

Summary

Working gas in storage was 2,631 Bcf as of Friday, June 2, 2017, according to EIA estimates. This represents a net increase of 106 Bcf from the previous week. Stocks were 332 Bcf less than last year at this time and 237 Bcf above the five-year average of 2,394 Bcf. At 2,631 Bcf, total working gas is within the five-year historical range. (US EIA Summary)

ISO New England's - 2017 Summer Outlook

Summer Readiness
  • Adequate electricity supplies are expected.
  • Tight supply margins could develop if forecasted peak demand occurs.
  • 1,500 megawatts (MW) of generation is retiring May 31, and up to 700 MW of new generation is delayed.
  • The ISO has procedures in place to maintain a reliable supply of electricity on the hottest summer days. Should unexpected generator or transmission line outages occur, operators can call on demand-response resources to reduce their energy use, import emergency power from neighboring regions, ask businesses and residents to voluntarily conserve electricity, or implement emergency procedures to stabilize the grid. (ISO NE Press release)