Energy Ventures Analysis (EVA) has released a comprehensive report commissioned by the American Petroleum Institute (API), offering in-depth analysis and critical insights into the dynamic landscape of U.S. liquified natural gas (LNG) exports. The report thoroughly examines the transformations witnessed by the energy industry over the past 15 years, providing essential context to recent fluctuations […]
EVA Accurately Predicts Drop of Coal Inventories in its Monthly Coal Stockpile Report
On Friday, the U.S. Energy Information Administration (EIA) released official statistics of the U.S. electric power sector for the month of August as part of its EIA Form-923 reporting. As reported in EIA’s 923 data, coal inventories at U.S. coal-fired power plants dropped below 90 million tons amid higher coal plant utilization rates and a […]
NGSA and EVA publish Natural Gas Market Outlook for Winter 2021-2022
The Natural Gas Supply Association (NGSA) and Energy Ventures Analysis (EVA) released the Natural Gas Market Outlook report for Winter 2021-2022. Highlights include forecasts for gas production, Canadian gas imports, power burns and economical switching, industrial demand, LNG exports, Mexican gas exports, and end-of-winter season storage scenario analysis. U.S. natural gas market became significantly tighter […]
Federal investigation spurs H.B. 6 repeal efforts and potential upside for gas
Ohio H.B. 6 repeal in the works following allegations of bribery Two Ohio House Democrats – Reps. Mike Skindell and Mike O’Brien – announced in a press release on Wednesday, July 22, that they will immediately introduce a bill to repeal House Bill 6, the controversial law passed a year ago that provides ratepayer-funded subsidies […]
California’s Natural Gas Challenge
California finding it difficult to get past natural gas In late 2019, Southern California Edison released “Pathway 2045”, its report on how the utility will meet the state’s aggressive carbon reduction mandates. Just over a year earlier, then-Governor Gavin Jerry Brown (D) signed into law S.B. 100, which accelerated the state’s existing renewable portfolio standard […]
COVID-19 and Mild Weather Combine to Suppress Electricity Demand
COVID-19 and Mild Weather Combine to Suppress Electricity Demand Electricity demand in the continental U.S. since the beginning of the year has been sharply lower than during the same period in 2019, though the response to the ongoing COVID-19 virus pandemic is only partially to blame. Demand across the six largest centrally-dispatched markets – PJM, […]
EVA Expects Coal Burn to Reach 470 Million Tons in 2020
NATIONAL TAKE-AWAYS After a warmer-than-expected winter, natural gas is expected to continue to take market share from coal resources through 2020. EVA’s March 2020 Gas & Coal Price Sensitivity Outlook draws the following high-level conclusions: January coal burn dropped by nearly 20 million tons YoY, the largest monthly drop recorded in recent history. Weak electricity […]
2019 LNG Market Roundup
In 2019 EVA’s Quarterly LNG Outlook tracked import and export terminal progress, global supply and demand dynamics, and the resulting price price environment. Our major LNG Market 2019 takeaways are as follows: Gas Glut and Price Slump in LNG Market: Mild weather and oversupply drove both Asia and Europe LNG indices to collapse in 2019. […]
Newly-Introduced Illinois Bill Seeks to Repeal Exelon Nuclear Subsidies
A bipartisan bill (H.B. 3987) filed by two Illinois state representatives on December 9 would effectively repeal a subsidy that Exelon receives via the sale of Zero Emission Credits (ZEC) by granting an exception to customers of electric utilities that serve more than three million retail customers in the state. If the bill is signed […]
Forbes ranks EVA Among Top Energy Consulting firms in 2019
In its annual ranking of management consulting companies, Forbes ranked EVA as one of the leading firms in the Energy and Environment category. The rankings are based on surveys of more than 7,500 partner or executive level consultants and more than 1,000 senior executives who have worked with firms in the consulting industry. EVA is honored […]