Thursday, December 15, 2016

Gas to Coal Switching Continues in MISO Region During Cold Snap

A week of colder than normal temperatures in the MISO region that drove electricity demand above normal in December made little difference to the declining market share of natural gas.

Total load has been elevated vs last month and last year:

Meanwhile gas-fired generation has declined vs last month and last year:

And coal has increased at the expense of gas:

Gas has lost about 12% of the carbon fuel market share to coal over the last month:

Converted to BCF (approximation), here are the performances of the two fuel sources against the same period in 2015:

And on an absolute BCFE basis: