Twitter

Link your Twitter Account to Market Wire News


When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.


Be alerted of any news about your stocks and see what other stocks are trending.

home / news releases / COM - The Competition Between Natural Gas And Renewables Is Intensifying

COM - The Competition Between Natural Gas And Renewables Is Intensifying

Direxion Auspice Broad Commodity Strategy
  • The share of total electricity supplied by natural gas-fired power plants remains significant, but renewables are growing very fast.
  • The total stock of coal-fired power plants will decrease to 216.4 GW (just 19.7% of total capacity).
  • The monthly net impact of non-degree-day factors on natural gas consumption in the Electric Power sector is now bearish (vs. 2019).
  • This December wind, hydro, and solar generation will displace no less than 5.1 bcf/d of potential natural gas consumption in the Electric Power sector.
  • However, we estimate that total natural gas supply-demand balance in December will be tighter than last year by around -8.7 bcf/day.

For further details see:

The Competition Between Natural Gas And Renewables Is Intensifying
Stock Information
Company Name: Direxion Auspice Broad Commodity Strategy
Stock Symbol: COM
Market: NYSE
Menu
COM COM Quote COM Short COM News COM Articles COM Message Board
Get COM Alerts

News, Short Squeeze, Breakout and More Instantly...