Why Gas Demand for Electric Generation Is Firm Despite Social Distancing (Video)

April 17, 2020April 22nd, 2020
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Electricity usage has dropped to extreme lows. However, the amount of gas consumed to create electricity is similar to that of 2019.

These two data points can be reconciled by looking at the market share of natural gas and coal.

In this video, we show how gas demand has dropped, but not very far, in the power sector.

Using current government data collected from power plants, we show the degree of losses in electricity usage, then show how gas is on a five-month streak of knocking coal plants out of the market.

We continue to monitor oil, gas, NGLs, and regional markets for hedging opportunities. To learn more and see AEGIS opinion and recommendations, go to AEGIS View publications, or contact info@aegis-energy.com. Like what you see? Share this article with the button on the bottom right of your desktop. Market questions or comments? Contact us at view@aegis-energy.com

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