NEI Energy Markets Report (May 28th

NEI Energy Markets Report (May 28th - June 1st)

Here's a summary of what went on in the energy markets last week:

Electricity prices were mostly increasing throughout the country. Prices experienced jumps greater than $10 in the East and Midwest (see pages 1 & 2).
Gas prices fell at the Henry Hub $0.05 to $7.60 / MMBtu (see page 4).
Uranium prices rose to $138 / lb U3O8 and $135 / lb U3O8 according to TradeTech and Ux Consulting (see page 7).
By 2011, the following amounts of new generating capacity are expected to start up:
39,000 MW coal; 46,000 MW natural gas; and 29,000 MW wind (see page 8).

For the report click here (pdf). It is also located on NEI's Nuclear Statistics webpage.

Comments

shawrich said…

What is meant by MW for electric plant designation? Doesn't a standard electric plant deliver one million KW, or one thousand million, or one billion watts, one gigiwatt? If MW means one billion please let me know where it is defined, and how an average reader would know what is meant. A one MW wind plant only delivers 25% of a year; why not call it 0.25MW?

July 15, 2007 at 7:04 AM

Sneak Peek

There's an invisible force powering and propelling our way of life.
It's all around us. You can't feel it. Smell it. Or taste it.
But it's there all the same. And if you look close enough, you can see all the amazing and wondrous things it does.
It not only powers our cities and towns.
And all the high-tech things we love.
It gives us the power to invent.
To explore.
To discover.
To create advanced technologies.
This invisible force creates jobs out of thin air.
It adds billions to our economy.
It's on even when we're not.
And stays on no matter what Mother Nature throws at it.
This invisible force takes us to the outer reaches of outer space.
And to the very depths of our oceans.
It brings us together. And it makes us better.
And most importantly, it has the power to do all this in our lifetime while barely leaving a trace.
Some people might say it's kind of unbelievable.
They wonder, what is this new power that does all these extraordinary things?

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