|
|
Enron Mail |
Mime-Version: 1.0
Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit X-From: webmaster@cera.com@ENRON X-To: clients@cera.com X-cc: X-bcc: X-Folder: \SHARRIS1 (Non-Privileged)\Harris, Steven\Inbox X-Origin: Harris-S X-FileName: SHARRIS1 (Non-Privileged).pst Title: One Tight Winter Peak Remains URL(s): http://www20.cera.com/eprofile?u=35&;m=2760; *********************************************************************** WESTERN ENERGY--WINTER DEMAND PEAKS NOT EXPECTED TO RESULT IN PRICE SPIKES OR RELIABILITY PROBLEMS Building natural gas and power supplies are providing a cushion for the western energy markets for this winter. Although seasonal gas and power demand spikes will again push prices higher, this winter will not look like the winter of 2000/01. Unlike during the record high gas and power prices and blackouts last year winter, reduced demand, increased gas storage levels, and new gas and power supplies will significantly temper prices and significantly reduce the risk of supply disruptions. * A supply build of 300 million cubic feet (MMcf) per day in the Rockies and 900 MMcf in western Canada is meeting with declining demand in the West * Fourth quarter power demand is expected to be 13 percent below levels last year, while over 5,000 megawatts of new supply has been added this year * Only severe cold weather, prolonged drought, or a supply disruption could produce a reliability problem this winter **end** Follow above URL for complete CERA Monthly Briefing (10 pages). E-mail Category: Monthly Briefing CERA Knowledge Area(s): Western Energy *********************************************************************** *********************************************************************** CERA's Autumn 2001 Roundtable event dates and agendas are now available at http://www20.cera.com/event *********************************************************************** To make changes to your cera.com profile go to: http://www20.cera.com/client/updateaccount Forgot your username and password? Go to: http://www20.cera.com/client/forgot This electronic message and attachments, if any, contain information from Cambridge Energy Research Associates, Inc. (CERA) which is confidential and may be privileged. Unauthorized disclosure, copying, distribution or use of the contents of this message or any attachments, in whole or in part, is strictly prohibited. Terms of Use: http://www20.cera.com/tos Questions/Comments: webmaster@cera.com Copyright 2001. Cambridge Energy Research Associates
|