Record Natural Gas Power Burn Fueled by Late Summer Heat
Late summer heat has fueled a record September natural gas power burn, according to data from Entropic Analytics' Product Suite. The unprecedented demand for electricity generated by natural gas has pushed power burn to new heights in recent weeks.
As of mid-September, the US power sector's natural gas consumption has reached an all-time high, surpassing previous records set in 2020 and 2021. This surge in demand is largely attributed to the hot summer weather that has gripped much of North America.