LONDON, April 16, 2014 /PRNewswire/ -- Reportbuyer.com has added a new market research report:
United States Power Report Q2 2014
http://www.reportbuyer.com/energy_utilities/electricity/united_states_power_report_q2_2013.html
Includes 3 FREE quarterly
updatesBMI View: The fact that the US spent most of January 2014 in the grip of a polar vortex, which sent
temperatures plummeting to record lows, served to underscore some of our long-held views on US coal-gas
dynamics. We have long believed that although a glut of cheap shale gas has driven a significant short-term
switch from coal to gas in electricity generation, the composition of the country's energy mix will ultimately
hinge on fluctuations in gas prices. To this end, we had already seen coal generation rebound as gas prices
climbed higher in the first half of 2013, and this rebound appears to have further to go after sub-zero
temperatures in early 2014 contributed to record withdrawals of natural gas from storage. This in turn led
to a surge in Henry Hub spot prices, which caused some utilities to switch back to coal as gas became more
expensive. It is in this context that we reiterate that although gas prices will likely fall back as the cold
weather abates, the recent surge in gas prices as a result of increased demand can be viewed as a shortterm
proxy - representative of what might happen to pricing dynamics in the US power market when Henry
Hub prices inevitably rise towards the end of the current decade.
Data released by the US Energy Information Administration (EIA) show that in January 2014, coal-fired
generation increased to 4.519mn megawatt hours (MWh) a day - the highest level since 2011. This increase
in coal generation was certainly a result of surging demand for electricity as unseasonably cold winter
weather chilled vast swathes of the US. As demand has increased, so did gas prices, pushing Henry Hub
prices up from US$4.32 per million British Thermal Units (mnBTU) on January 2 2014 to around the US
$5.66/mnBTU on January 27 2014. Notably, in February, as the cold weather dragged on, Henry Hub prices
spiked as high as 8.15/mnBTU - the highest level since 2008. With gas prices moving higher, many utilities
appear to have switched back to burning coal as it has become more cost-competitive with hitherto cheaper
gas.
BMI Industry View 7
SWOT . 10
Industry Forecast .. 13
United States Snapshot .. 13
Table: Country Snapshot: Economic And Demographic Data 13
Table: Country Snapshot: Power Sector 13
United States Power Forecast Scenario . 14
Electricity Generation And Power Generating Capacity .. 14
Table: United States Total Electricity Generation Data And Forecasts, 2012-2017 14
Table: United States Total Electricity Generation Long-Term Forecasts, 2018-2023 . 16
Table: United States Electricity Generating Capacity Data And Forecasts, 2012-2017 18
Table: United States Electricity Generating Capacity Long-Term Forecasts, 2018-2023 . 19
Table: Power Sector Asset Purchases 34
Table: US Nuclear Power Reactors Under Construction 39
Electricity Consumption .. 42
Table: United States Total Electricity Consumption Data And Forecasts, 2012-2017 42
Table: United States Total Electricity Consumption Long-Term Forecasts, 2018-2023 . 42
Transmission & Distribution, Imports & Exports .. 44
Table: United States Electric Power Transmission And Distribution Losses Data And Forecasts, 2012-2017 . 44
Table: United States Electric Power Transmission And Distribution Losses Long-Term Forecasts, 2018-2023 . 44
Table: United States Trade Data And Forecasts, 2012-2017 44
Table: United States Trade Long-Term Forecasts, 2018-2023 . 45
United States State-By-State Breakdown 49
Table: US States' Electricity Profiles In 2010 49
Alabama .. 50
Alaska .. 51
Arizona 51
Arkansas . 51
California 52
Colorado . 52
Connecticut . 52
Delaware . 53
District Of Columbia 53
Florida 53
Georgia 53
Hawaii . 53
Idaho 54
Illinois . 54
Indiana 54
Iowa . 54
Kansas . 55
Kentucky . 55
Louisiana 55
Maine .. 55
Maryland . 56
Massachusetts 56
Michigan . 56
Minnesota 56
Mississippi .. 57
Missouri .. 57
Montana .. 57
Nebraska . 57
Nevada 58
New Hampshire . 58
New Jersey . 58
New Mexico 58
New York . 58
North Carolina .. 59
North Dakota . 59
Ohio . 59
Oklahoma 60
Oregon 60
Pennsylvania .. 60
Rhode Island .. 60
South Carolina .. 60
South Dakota . 61
Tennessee 61
Texas 61
Utah . 61
Vermont .. 62
Virginia 62
Washington . 62
West Virginia . 62
Wisconsin 63
Wyoming . 63
Industry Risk Reward Ratings 64
Developed States Power Risk/Reward Ratings .. 64
Table: North America And Western Europe Power Risk/Reward Ratings (Scores Out Of 100) . 71
United States Power Risk/Reward Ratings . 72
Rewards .. 72
Risks . 73
Market Overview 75
Key Policies And Market Structure .. 75
Regulation And Competition 75
Sustainable Energy Policies 76
Table: 2010 State Energy-Related CO2 Emissions 77
Pricing . 80
Table: Average Retail Price Of Electricity To Ultimate Customers, Cents Per Kilowatt Hour 81
Table: Electric Market Overview: Regional Spot Prices 2010-2012 . 82
United States Power Projects Database . 84
Table: US Major Projects - Power . 84
Competitive Landscape .. 105
Pacific Gas And Electric Company (PG&E) . 106
Southern California Edison (SCE) .. 107
Exelon .. 107
NextEra Energy (FPL And NextEra Energy Resources) . 108
Southern 108
Dominion . 109
Entergy . 109
American Electric Power .. 110
Mid-American/PacifiCorp 110
Xcel Energy . 111
Duke Energy Corporation . 111
Regional Overview . 113
North America And Europe Regional Overview . 113
Glossary 124
Table: Glossary Of Terms . 124
Methodology .. 125
Methodology And Sources .. 125
Industry Forecast Methodology .. 125
Sources . 128
Risk/Reward Ratings Methodology . 128
Table: Power Risk/Reward Rating Indicators . 129
Table: Weighting Of Indicators 131
Read the full report:
United States Power Report Q2 2014
http://www.reportbuyer.com/energy_utilities/electricity/united_states_power_report_q2_2013.html
For more information:
Sarah Smith
Research Advisor at Reportbuyer.com
Email: [email protected]
Tel: +44 208 816 85 48
Website: www.reportbuyer.com
SOURCE ReportBuyer
Share this article