Sentences with phrase «average seasonal demand»

The electric generation mix and corresponding fuel consumption required to meet the demand was determined using LEAP's dispatch model, which evaluated solutions for eight different time periods of average seasonal demand.

Not exact matches

Natural Gas Natural gas futures were among the quarter's key decliners -LRB--7.5 %, to US$ 2.73 per million British thermal units) as production growth outweighed seasonal consumption and higher exports of the fuel.1 Spot prices saw an even larger drop of 20.6 % (to US$ 2.81) as the support of December's weather - related demand spikes faded and a more normal winter pattern developed.1 Natural gas generally took its downward price cues from elevated US production and growth in the natural gas - focused rig count, which increased from 179 to 194 in March alone.2 Despite the price drop, traders remained optimistic given surging US shale - gas exports and a supply deficit that was 20 % larger than the five - year average at March - end, the biggest in four years.3 Moreover, total natural gas inventories of 1.38 trillion cubic feet were nearly 33 % below their year - ago level.3 Meanwhile, the market appeared focused on an anticipated production surge (2018 is projected to be a record growth year for gas supplies) and may have overlooked intensifying demand as US exports increasingly helped drain supplies.

In its Australian 2018 Beef Cattle Seasonal Outlook, agribusiness banking specialist Rabobank said a combination of increased supply, reduced producer demand and weaker global prices will see domestic cattle prices ease from the highs of 2017 to stabilise at just above five - year averages.