Federal Energy Regulatory Commission • Market Oversight • www.ferc.gov/oversight

OE ENERGY

MARKET SNAPSHOT

Southeast Version – January 2014 Data

Office of Enforcement

Federal Energy Regulatory Commission

February 2014
Federal Energy Regulatory Commission • Market Oversight • www.ferc.gov/oversight

Natural Gas and Fuels Markets
Federal Energy Regulatory Commission • Market Oversight • www.ferc.gov/oversight

Southeast Annual Average Day-Ahead Prices

Southeast Natural Gas Market: Annual Hub Prices

Source: Derived from ICE data 2040

Notes:

Updated 2/18/2014

Average Day 

Ahead Prices 

($/MMBtu)

Houston 

Ship Chnl

Katy 

Texas Waha Hub

Carthage 

TX Henry Hub

Annual 3.93 3.95 3.92 3.85 3.98

Summer 4.09 4.10 4.03 3.98 4.14

Winter 2011/2012 2.69 2.71 2.67 2.66 2.74

Annual 2.71 2.72 2.68 2.68 2.75

Summer 2.65 2.66 2.62 2.62 2.69

Winter 2012/2013 3.41 3.43 3.38 3.41 3.47

Annual 3.70 3.70 3.64 3.66 3.70

Summer 3.75 3.76 3.67 3.69 3.75

Winter 2013/2014 4.48 4.82 4.58 4.38 4.42

Annual 5.20 5.99 5.42 5.04 5.14

Summer 

Winter 2014/2015

2011 2012 2013 2014 YTD
Federal Energy Regulatory Commission • Market Oversight • www.ferc.gov/oversight

Southeast Day-Ahead Prices

Southeast Natural Gas Market: Day-Ahead Prices

Source: Derived from ICE data 2044

Notes:

Updated 2/18/2014

$0.0

$5.0

$10.0

$15.0

$20.0

$25.0

Spot Day-Ahead Prices ($/MMBtu)

Houston Ship Channel Katy

Waha Carthage

Henry Hub

$0

$2

$4

$6

2011 2012 2013 201

30 Day Moving Avg
Federal Energy Regulatory Commission • Market Oversight • www.ferc.gov/oversight

Southeast Day-Ahead Basis

Southeast Natural Gas Market: Basis To Henry Hub

Source: Derived from ICE data 2032

Notes:

Updated 2/18/2014

-$2.00

$0.00

$2.00

$4.00

$6.00

$8.00

$10.00

$12.00

$14.00

$16.00

Day Ahead Basis ($/MMBtu)

Houston Ship Channel Basis

Katy Basis

Waha Basis

Carthage Basis

-$2.0

$0.0

$2.0

$4.0 30D Moving Avg
Federal Energy Regulatory Commission • Market Oversight • www.ferc.gov/oversight

Southeast Monthly Average Basis Value To Henry Hub

Southeast Natural Gas Market: Average Basis to Henry Hub

Source: Derived from ICE data 2046

Notes:

Updated

-$0.20

$0.00

$0.20

$0.40

$0.60

$0.80

$1.00

2 3 4 5 6 7 8 9 10 11 12 1 2 3 4 5 6 7 8 9 10 11 12 1 2

2012 2013 2014

Avg Monthly Day-Ahead Prices ($/MMBtu)

Avg Mthly Houston Ship Channel Basis

Avg Mthly Katy Basis

Avg Mthly Waha Basis

Avg Mthly Carthage Basis

2/18/2014
Federal Energy Regulatory Commission • Market Oversight • www.ferc.gov/oversight

Daily Gulf Coast Natural Gas Demand All Sectors

Southeast Natural Gas Market: Gulf Coast Daily Demand

Source: Derived from Bentek Energy data

Note: Data derived from interstate natural gas pipeline flows. Updated: February 2014 22050

0

1

2

3

4

5

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

Volume (Bcfd)

2009-2013 Range 2014
Federal Energy Regulatory Commission • Market Oversight • www.ferc.gov/oversight

Daily Southeast Natural Gas Demand All Sectors

Southeast Natural Gas Market: Southeast Daily Demand

Source: Derived from Bentek Energy data

Note: Data derived from interstate natural gas pipeline flows. Updated: February 2014 22050

0

2

4

6

8

10

12

14

16

18

20

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

Volume (Bcfd)

2009-2013 Range 2014
Federal Energy Regulatory Commission • Market Oversight • www.ferc.gov/oversight

Texas Natural Gas Consumption for Power Generation

Southeast Natural Gas Market: TX NG Consumption for Power Generation

Source: Derived from Bentek Energy data Updated: February 2014 20024

0

50,000

100,000

150,000

200,000

250,000

MMcf/month

2009-13 Range

2014
Federal Energy Regulatory Commission • Market Oversight • www.ferc.gov/oversight

Southeast Natural Gas Consumption for Power Generation

Southeast Natural Gas Market: SE NG Consumption for Power Generation

Source: Derived from Bentek Energy data Updated: February 2014 20024

0

50,000

100,000

150,000

200,000

250,000

300,000

350,000

MMcf/month

2009-13 Range

2014
Federal Energy Regulatory Commission • Market Oversight • www.ferc.gov/oversight

Electricity Markets
Federal Energy Regulatory Commission • Market Oversight • www.ferc.gov/oversight

ERCOT Real Time Prices—Two Year History 

Southeast Electricity Market: ERCOT Real Time Prices

Updated February 18, 2014
Federal Energy Regulatory Commission • Market Oversight • www.ferc.gov/oversight

ERCOT System Daily Average Load —Two Year History 

Southeast Electricity Market: ERCOT Average Daily Load

Updated February 18, 2014