Impact of Renewable Power Growth on Gas Market Volatility in Western US

Monday, 4 March 2024, 23:21

Renewable energy additions in the Western US are causing fluctuations in gas market prices and boosting demand for gas storage facilities. Spire announces plans for a major 16 Bcf storage expansion in 2024. This trend is reshaping the energy landscape and influencing market dynamics with renewable sources driving change.
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Impact of Renewable Power Growth on Gas Market Volatility in Western US

Impact of Renewable Power Growth on Gas Market Volatility

Renewable energy additions are driving gas price volatility and demand for gas storage in the Western US. Spire plans to ramp up a significant 16 Bcf storage expansion in 2024. The rising demand for gas storage facilities is attributed to the influence of renewables, spearheading market changes and fluctuations.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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