The Nymex price for October delivery of natural gas is now $4/mmBtu, according to data posted by the Energy Information Administration (EIA) on Sept. 17.
The natural gas futures price for next month delivery has been below $4 since mid-July.
Meanwhile as the fall “shoulder” season approaches, spot power prices remain modest and a few nuclear power reactors are starting refueling outages.
Of the 10 regions tracked by EIA only two, Southern California and Northern California, showed spot power prices above $50/MWh on Sept. 17. Southern California had the nation's highest power price at $56.16/MWh.
Five regions showed spot power prices below $40/MWh.
When it comes to spot natural gas prices, eight of the 10 regions showed price decreases. Prices ranged from $2.45/mmBtu in the Mid-Atlantic to $4.45/mmBtu in Northern California.
On the nuclear power front, five of the nation's 100 commercial reactors were listed as not generating power early Sept. 17.
They include the Entergy (NYSE:ETR) FitzPatrick plant in New York; the Exelon (NYSE:EXC) Oyster Creek plant in New Jersey; the Duke Energy (NYSE:DUK) McGuire 1 facility in North Carolina; the Dominion (NYSE:D) North Anna 2 unit in Virginia; and the Southern (NYSE:SO) Vogtle 2 unit in Georgia.
The Nuclear Regulatory Commission (NRC) listed the Entergy Vermont Yankee plant at 99% generation on Sept. 17.
The reactor is beginning a “coast down” toward eventual retirement at the end of this year, according to published reports in Vermont.