As northeastern states seek a cleaner energy future, what will that future hold for natural gas? The Northeast Energy and Commerce Association’s (NECA) 22nd Annual Fuels Conference is set for September 27th in Marlborough, Massachusetts and it will explore the many angles of that very question.
The New England market remains capacity-constrained and thus continues to rely on LNG deliveries in the cold winter months to meet demand from utilities and electric generators. Recent developments in infrastructure and production -- including pipeline expansions flowing Marcellus shale gas to markets in the West, South and into Canadian storage, as well as the widening of the Panama Canal, and the allowance of more U.S. shale gas exports to meet growing worldwide demand -- means New England no longer competes just in the Atlantic basin market for LNG in the winter, but rather competes with buyers across the country and around the globe. What does this mean for prices and how many LNG tankers will reach the New England market going forward?
Our Melissa Whitten will introduce two industry voices to weigh in at NECA’s annual event. First, S&P Global Platts’ Manager of North America Gas Analytics, Anne Swedberg, will kick off the conference with a market fundamentals keynote, discussing supply and demand in the U.S. and the specific impacts on the northeast. Second, founder and president of RBAC Inc., Dr. Robert Brooks, will take the northeastern context and use it to present results from the new G2M2® modeling tool. This new Global Gas Market Modeling System is critical to understanding the competitive picture for natural gas in the worldwide market and the global supply and demand for LNG.
Will we see you at the NECA Fuels Conference in September? For the full-day program, including other great speakers, and to save your seat, please visit the event page here.