Friday, December 23, 2016

Nuclear Power Output Falls Below 2015

More reactors are out of service now than in 2015, and for the first time in months the capacity factor has dropped below last year at this time.  As of today, the fleet is at 94% of capacity.  Last year, it was 2.2% higher.

The difference between last year and this year, in terms of natural gas equivalent, is about 0.43 BCFD.  While that may not seem like much, it is significantly more that we saw in November, when it averaged a -1.26 BCFD, for a 38 BCF monthly total DIFFERENCE.  That had a big impact on gas demand, and the tables are now turned: