trending Market Intelligence /marketintelligence/en/news-insights/trending/yRNsU16681WGcPYjGdLKzg2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

Gas-fired generator margins improve in December 2019

European Energy Insights July 2020

As COVID-19 Wears On, Regulators Examine Moratorium Extensions, Cost Recovery

Essential Energy Insights - June 11, 2020

Webinar Replay

Deep Dive on Oil & Gas for Financial Institutions


Gas-fired generator margins improve in December 2019

Natural gas-fired generators fared better than coal-fired generators in December 2019 as power and gas prices fell sharply.

U.S. average implied heat rates, or the efficiency rates at which the market cost of power equals the cost of burning fuel to produce electricity, climbed 18.3% year over year for gas-fired generators in December 2019. Implied heat rates fell 8.9% to as much as 25.5% over the same period for coal-fired generators, depending on the type of coal used.

SNL Image

SNL Image

Independent system operators across the country saw underlying gas prices decline at a faster pace than wholesale power prices during the month. On a nationwide basis, the on-peak spot power price index was 26.2% lower year over year in December 2019 at $30.90/MWh, while the average gas price at hubs serving power generators was down 37.6% over the same period at $2.668/MMBtu.

SNL Image

SNL Image

Demand firmed up in December 2019, with the monthly peak load higher by 0.7% year over year in the California ISO to as much 7.8% in the Electric Reliability Council Of Texas Inc.

SNL Image

Market prices and included industry data are current as of the time of publication and are subject to change. For more detailed market data, including power and natural gas index prices, as well as forwards and futures, visit our Commodities pages.