POV: Power Breakfast

Power Breakfast for July 15, 2016

Natural gas-fired electricity generation to reach record level; Texas ranks No. 28 in energy costs


POV: Power Breakfast

A nearly daily update of energy-related news:

  • Natural gas-fired electricity generation is expected to provide an average of 3.8 million MWh per day this year, 4 percent higher than in 2015.  According to the EIA’s Short-Term Energy Outlook, natural gas-fired generation could reach record highs in July and August with increased electricity demand due to the summer heat.
  • Overall, Texas ranks No. 28 in energy costs with Texans paying an average of $289 per month on energy (inclusive of electricity, fueling the car, natural gas costs and monthly home heating-oil costs). According to a study by WalletHub, Connecticut is the most expensive state for energy prices followed by Massachusetts and Rhode Island. Some of the factors considered in the study included monthly electricity cost, monthly natural gas cost and monthly motor fuel cost.
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