The report “Coal vs. Natural Gas Competition: The current state of play – impact on system dispatch,” first presented by Rob DiDona, leader of EVA’s power group, at the 2017 EIA Energy Conference, recently has been featured on THE COAL HUB. The report highlights the recent history of declining natural gas prices, the importance of […]
Unprecedented Outage Cuts Gas Flows on TETCO Southbound
Around 11pm on Oct 11, Texas Eastern Transmission (TETCO) declared a force majeure on an unplanned outage that occurred on the gas pipeline just south of its Berne Compressor Station in eastern Ohio. As of mid-morning on Oct 12, TETCO has not yet provided an estimate for when service will be restored. As a result of […]
Iranian Oil: Not Quite Open for Business
With the UN sanctions relief, Iran is seeking to revitalize its oil industry and already has raised oil production to near pre-sanction levels. The National Iranian Oil Company (NIOC) aims to increase production capacity through 2021 to 4.8 MMBD by appealing to global oil majors for capital investments and renovations to their drilling and production […]
New Coal & Gas Price Sensitivity Outlook Projects 2017 Coal Generation to Actualize Lower than Expected
EVA has published its July Coal & Gas Price Sensitivity Outlook. The report provides insight into how Coal-to-Gas (C2G) competition may evolve given pending changes to fuel pricing and the fundamental structure of the electric power markets. EVA’s Scenario Analysis (SCAN) of modeled assumptions provides high-level insight into a broad range of market-driven outcomes. Highlights […]
EVA launches new offering: Quarterly LNG Outlook
EVA is pleased to announce the launch of a new product offering for our clients, the Quarterly LNG Outlook. EVA believes that to understand the future of North American gas markets, one must understand North American LNG. Yet in order to do so, it is necessary to keep tabs on global dynamics, as well. The Quarterly LNG Outlook is […]
Forbes ranks EVA among top Energy Consulting firms for 2017
In its annual ranking of management consulting companies, Forbes ranked EVA as one of the leading firms focused on Energy Consulting. The rankings are based on surveys of more than 1,000 partner level consultants and more than 1,000 business executives who have worked with the numerous firms included in the survey. EVA received 4 out […]
Structural changes over the past 12 months set to increase power burn by 0.75 – 1.00 BCFD over next year
The advent of low natural gas prices as a result of the shale revolution led to a major structural shift from coal to gas in the power markets. Based on EVA’s proprietary Power Plant Tracking Database, almost 47 GW of gas-fired capacity has been added till date starting 2012. Nearly 13 GW of new gas […]
Quick Trip: Despite increasing pipeline connections, Mexico emerges as the largest importer of U.S. LNG
As of late-April, Sabine Pass has exported more than 100 LNG cargoes to 17 different countries. Regionally, the shipments have been split almost equally between South American, Asian and Middle Eastern markets, fluctuating based on seasonal demand. Yet somewhat unexpectedly, the single largest importer of U.S. LNG is the country that would otherwise seem to […]
OPEC Cuts Production, but Change in Global Supply Muted
At the halfway point in OPEC’s six-month plan to reduce global supplies, the 11 participating OPEC members have reduced production 1.35 million barrels per day (MMBD) from Oct. levels. However, those production cuts have been partially offset by increases elsewhere in the world. This newsletter provides a granular assessment of these offsetting variances and addresses […]
Canadian Gas Imports: A Reversal in Trends
For the seven year period from 2008 to 2014 net Canadian exports to the U.S. were declining (i.e., 3.9 BCFD, or 43%). However, in 2015 and 2016 this trend was reversed. This newsletter examines both the underlying drivers behind this reversal in trends and the intermediate-term outlook for Canadian imports. Regional Assessment: Northeast Declines, While […]