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Winter Energy Market and Reliability Assessment

Winter Energy Market and Reliability Assessment

Full Title: Winter Energy Market and Reliability Assessment
Author(s): Federal Energy Regulatory Comission
Publisher(s): Federal Energy Regulatory Comission
Publication Date: October 25, 2022
Full Text: Download Resource
Description (excerpt):

U.S. electricity markets are projected to have adequate amounts of generating capacity to maintain reliable operations this winter, though grid operators in certain regions may face challenges during periods of  extreme weather, according to the FERC staff Winter Energy Market and Reliability Assessment.

This year’s report, presented to the Commission at its October meeting, notes the National Oceanic and Atmospheric Administration forecasts above average temperatures this winter for most of the U.S., except for the Pacific Northwest and West-North Central region of the country.

Rising demand for natural gas, mostly for gas exports, and lower than average natural gas storage inventories are driving expectations that natural gas prices for the coming winter will be higher than last year. Prices are expected to be particularly high in New England, which is dependent, in part, on LNG imports.

All statements and/or propositions in discussion prompts are meant exclusively to stimulate discussion and do not represent the views of, its Partners, Topic Directors or Experts, nor of any individual or organization. Comments by and opinions of Expert participants are their own.

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