Wednesday, December 28, 2016

Natural Gas Rapidly Disappearing From MISO Dispatch: Market Share Declines below 20% vs Coal 80%

With holidays suppressing demand, the MISO call on natural gas fired power generation is falling off a cliff.  Coal use continues above 2015 levels, as it has since Dec 1, while gas use has fallen drastically.  For the last 3 days, coal has better than an 80/20 market share against gas:

On an absolute basis, gas use in the last week is down from 4.1 BCFD in 2015 to 2.6 BCFD in 2016, while coal is up from 6.9 to 8.2 BCFED over the same period (based on estimated NG equivalent):