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DOE EIA Weekly Gas Storage Report

Working gas in storage was 3,196 Bcf as of Friday, January 8, 2021, according to EIA estimates.

This represents a net decrease of 134 Bcf from the previous week. Stocks were 126 Bcf higher than last year at this time and 218 Bcf above the five-year average of 2,978 Bcf. At 3,196 Bcf, total working gas is within the five-year historical range.

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DOE EIA Weekly Gas Storage Report

Working gas in storage was 3,330 Bcf as of Friday, January 1, 2021, according to EIA estimates.

This represents a net decrease of 130 Bcf from the previous week. Stocks were 138 Bcf higher than last year at this time and 201 Bcf above the five-year average of 3,129 Bcf. At 3,330 Bcf, total working gas is within the five-year historical range.

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Holiday Goals

Previously commended for safe practices, our sales agents have been excelling despite Covid-19 restrictions. The end of 2020 saw an increase in sales with our representatives exceeding their goals. Through an incentive program titled “Christmas Cookie”, targets were met by multiple team members. If the team member hit the target, they received a “cookie” in the form of a check. If they exceeded the target, they received an even bigger “cookie”. We had 2 recipients of the “Big Cookie” and 3 received the “Small Cookie” prizes. In true holiday spirit and to their surprise, all members received a small “cookie”  for working a full schedule after the contest reached completion. A similar incentive was created for the week of New Year’s and we had the same outcome of agents reaching their targets. We are off to a good start in 2021 and wish everyone the same. Happy New Year!

Realgy Energy Services is a registered Retail Energy Marketer in the states of Illinois, Michigan, Indiana and Ohio. We offer Service Plans that will provide electric and natural gas at wholesale pricing direct to customers without any utility markup. Our Service Plans work with the local utility to provide seamless service and annual energy savings. Service Plans include Guaranteed SavingsTM, ManagedPriceTM, ManagedGreenTM Index, Fixed and PriceAssuranceTM.

Realgy owns and operates 7 solar plants in Illinois and is looking to invest in additional locations.

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DOE EIA Weekly Gas Storage Report

Working gas in storage was 3,574 Bcf as of Friday, December 18, 2020, according to EIA estimates.

This represents a net decrease of 152 Bcf from the previous week. Stocks were 278 Bcf higher than last year at this time and 218 Bcf above the five-year average of 3,356 Bcf. At 3,574 Bcf, total working gas is within the five-year historical range.

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Peoples Gas is spending billions to replace miles of aging pipe below Chicago by 2040. But will natural gas be obsolete before it’s complete?

In 2011, Peoples Gas began to replace 2,000 miles of pipelines below Chicago. Originally estimated to take 20 years and cost $2.6 billion, it is now projected to continue until 2040 and cost $7.7 billion. Interruptions have occurred due to “budget overruns, delays and charges of mismanagement”.

Many believe the project should be reviewed. By the time of completion, both gas and electric are anticipated to be very different from the systems we have now. Replacements are necessary to lower leaks and halt possible explosions as some pipes date back to the 1800s. However, costs have been passed along to customers. While Peoples has tried to keep those amounts down and minimize disruption in each neighborhood, consumers worry about paying their bills.

The Citizens Utility Board believes the focus should be on more environmentally friendly and cost-efficient alternatives such as electric-powered heat pumps. They want Peoples and the ICC to target and repair problem areas while pursuing their renewable energy goals.

Realgy Energy Services is a registered Retail Energy Marketer in the states of Illinois, Michigan, Indiana and Ohio. We offer Service Plans that will provide electric and natural gas at wholesale pricing direct to customers without any utility markup. Our Service Plans work with the local utility to provide seamless service and annual energy savings. Service Plans include Guaranteed SavingsTM, ManagedPriceTM, ManagedGreenTM Index, Fixed and PriceAssuranceTM.

Realgy owns and operates 7 solar plants in Illinois and is looking to invest in additional locations.

Additional Information: https://www.chicagotribune.com/business/ct-biz-peoples-gas-pipeline-replacement-renewable-energy-20201222-i6er5w2abjeazg34ywajhfvg7q-story.html

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DOE EIA Weekly Gas Storage Report

Working gas in storage was 3,726 Bcf as of Friday, December 11, 2020, according to EIA estimates.

This represents a net decrease of 122 Bcf from the previous week. Stocks were 284 Bcf higher than last year at this time and 243 Bcf above the five-year average of 3,483 Bcf. At 3,726 Bcf, total working gas is within the five-year historical range.

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Virtual Power Plant

We have all been on Zoom calls instead of meeting in person. Our computers, cameras, and nearly everything takes electricity.

Virtual power plants do NOT generate electricity but, they do aggregate the generation of various sources and allow the power to be traded or sold.

A virtual power plant does 2 things. It gathers up demand from real solar panels, wind turbines, or other installed generation sources. It then allows that demand to be sold, tracked, and paid.

Its use is being explored. Consider the home or business that has solar PV generation that can shut down some equipment (think of turning off your AC). Then the solar power you would’ve used to run your AC system can be sold into the market.

A virtual power plant is a marketplace where those with generation can sell some of their production. And you won’t need a Zoom meeting to get it done.

This is an interesting way to allow free-market powers to address power market demand and supply.

Realgy Energy Services is a registered Retail Energy Marketer in the states of Illinois, Michigan, Indiana and Ohio. We offer Service Plans that will provide electric and natural gas at wholesale pricing direct to customers without any utility markup. Our Service Plans work with the local utility to provide seamless service and annual energy savings. Service Plans include Guaranteed SavingsTM, ManagedPriceTM, ManagedGreenTM Index, Fixed and PriceAssuranceTM.

Realgy owns and operates 7 solar plants in Illinois and is looking to invest in additional locations.

Additional Information: https://www.alliedmarketresearch.com/virtual-power-plant-market

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DOE EIA Weekly Gas Storage Report

Working gas in storage was 3,927 Bcf as of Friday, November 6, 2020, according to EIA estimates.

This represents a net increase of 8 Bcf from the previous week. Stocks were 196 Bcf higher than last year at this time and 176 Bcf above the five-year average of 3,751 Bcf. At 3,927 Bcf, total working gas is within the five-year historical range.

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DOE EIA Weekly Storage Report

Working gas in storage was 3,955 Bcf as of Friday, October 23, 2020, according to EIA estimates.

This represents a net increase of 29 Bcf from the previous week. Stocks were 285 Bcf higher than last year at this time and 289 Bcf above the five-year average of 3,666 Bcf. At 3,955 Bcf, total working gas is above the five-year historical range.

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DOE EIA Weekly Gas Storage Report

Working gas in storage was 3,877 Bcf as of Friday, October 9, 2020, according to EIA estimates.

This represents a net increase of 46 Bcf from the previous week. Stocks were 388 Bcf higher than last year at this time and 353 Bcf above the five-year average of 3,524 Bcf. At 3,877 Bcf, total working gas is above the five-year historical range.

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