- April 28, 2017
12:00 pm - 1:00 pm
Jim Piro, President and CEO of Portland General Electric (PGE) was recently interviewed by the Portland Business Journal about the significant transition underway in the energy landscape. The key takeaway is that PGE is carefully and deliberately moving through it. Mr. Piro wants PGE to learn from others, not pioneer new, unproven resources and regulatory regimes. Mr. Piro also reaffirmed the critical role that natural gas must play in PGE’s generation portfolio to ensure that customers always have electricity when they need it:
“[I]f the wind doesn’t blow for a day or so batteries can’t help you through that. Gas is needed to bridge that difference… If the lights don’t go on, customers aren’t going to worry about whether the gas is in the ground or not in the ground; they’re going to wonder why [PGE] didn’t meet their needs.”
Not everyone is happy with PGE’s approach as indicated in a guest editorial by the Sierra Club and other Oregon environmental organizations recently published in the Oregonian. Unfortunately, the authors of the opinion piece use inflammatory language and outdated information to support their case. Their claim about “notoriously volatile” natural gas prices caught our eye and we’d like to set the record straight.
According to the to U.S Energy Information Administration (EIA) natural gas prices were relatively stable from 1981 to 2000, averaging $3.95/Dekatherm (Dth) when adjusted for inflation ($2015). Gas prices during the first decade of the 21st century were indeed volatile as North America struggled to produce enough natural gas to meet growing demand. From 2001 to 2010 natural gas averaged $6.61/Dth and experienced significant volatility associated with cold and hot weather, and hurricanes that disrupted conventional supply resources.
All that changed with the advent of shale gas which began to come online in 2007 and reached game-changing status around 2010. The average price of natural gas from 2011 to 2015 was $3.57/Dth. In 2015, natural gas averaged $2.62/Dth. The future looks equally stable. EIA projects that natural gas prices will rise to $5/Dth ($2015) and remain there as production technologies become more efficient, quicker to come on line and better for the environment. This is a dramatic change from its 2008 price forecast.
Natural gas is an abundant, cleaner, affordable energy resource. As Mr. Piro notes, it is a vital part of enabling more renewable resources in our region and elsewhere. Without natural gas, our power supply will become less reliable and more expensive. Those are the facts.
Pacific Northwest natural gas customers benefit from their proximity to the prolific Western Canadian Sedimentary Basin (WCSB) and U.S. Rocky Mountain (Rockies) natural gas-producing regions.
- Annual Energy Conference
June 7, 2017 - June 8, 2017
11:00 am - 4:30 pm
For many years, energy agencies have alerted Americans to the importance of energy efficiency. A variety of tags and certifications, backed by financial incentives, encourage us to understand our equipment buying options. We know that it makes sense to spend a little more on a product so that we can save money and energy throughout its useful life.
These efforts continue to reduce per capita energy use for both natural gas and electric customers. And the more energy we save, the lower our impact on the environment.
This study, compiled by the NWGA and its members, provides a consensus industry perspective of the Pacific Northwest’s current and projected natural gas supply, demand, prices and delivery capabilities through 2026. The Pacific Northwest, in this case, includes British Columbia (BC) and the U.S. states of Washington, Oregon, and Idaho.
We have updated data in this 2016 Outlook, but most key conclusions are similar to last year. Most of the trends identified in the 2015 Outlook continue to be relevant. Where appropriate, revised analyses and updated tables/graphics provide details of what’s new.
To download the complete study click here.
PORTLAND, Ore. — NW Natural (NYSE:NWN) hopes this date, 8/11, will serve as a reminder to call 811 before digging to have underground utility lines marked. Every six minutes a line is damaged because someone decided to dig without first calling 811.
“On Aug. 11 and throughout the year, we remind homeowners and contractors to call 811 before digging to eliminate the risk of striking an underground utility line,” said Scott Gallegos, compliance supervisor for NW Natural. “It really is the only way to know which lines are buried in your area.”
Striking a gas pipeline can cause injury, repair costs, fines and inconvenient outages. That’s why it is a federal law to call 811 at least two business days before digging.
When the call is made, the homeowner or contractor is connected to the local one-call center, which notifies the appropriate utilities of their intent to dig. Professional locators are then sent to the requested site to mark the locations of underground lines with flags, spray paint or both.
Released annually, the Gas Outlook is a detailed ten-year look at expected natural gas demand, supply availability and prices in the Northwest. The Outlook offers unique insight, representing a consensus view of the regional natural gas market developed by industry participants directly serving Washington, Oregon, Idaho and British Columbia.
“We have seen unprecedented change in the natural gas industry over the past few years,
” said Frank Morehouse, NWGA Board President. “The Gas Outlook helps industry observers gain insight on what those changes mean for our region,” he added.
Breakthroughs in drilling technology have unlocked vast reserves of shale gas, replacing past concerns over declining production with plentiful supply. Regional demand for natural gas is expected to grow annually by an average of 0.9 percent per year, leading to a cumulative growth of 8.1 percent by 2021. The role of natural gas as a fuel to generate electricity is a key question discussed in the 2012 Gas Outlook.
Skamania Lodge: Discounted rates are $152, plus lodge fees and taxes for a forest view room and $172, plus lodge fees and taxes for a river view room. The Lodge now has a 5-day cancellation policy. The lodge is currently SOLD OUT for the night of June 8, you may request to be put on the waitlist. Reservations are available now by contacting the Lodge 1-800-221-7117 and let them you are attending the Annual Energy Conference. Make online using the code 1XW46U.
Alternative Lodging Options:
Refund, less $50 fee, will be given up to May 26, 2017. After that date, we have already confirmed headcounts and committed to your cost of attendance. We are happy to allow substitutions by calling 503.344.6637.
Continuing Education Credits: We have applied to receive approval for attorneys (Oregon and Washington) to earn CLEs for the attendance at the annual energy conference.
Who is attending?
|Lawrence Acker — Van Ness Feldman LLP||Teresa Acosta — Calpine Energy Solutions||Judy Adair — Northwest Gas Association||Rick Adair — Energy NewsData||Paula Allen — United Energy Trading||Ronald Amen — Black & Veatch Management Consulting, LLC||Dana Anderson — Avista||Darren Anderson — Idaho Power||Shalena Armstrong — Shell Energy||Mckenzie Avenetti — SUPREME PERLITE COMPANY||Nick Avenetti — Supreme Perlite Company||Graham Bailey — NORPAC||Jay Balasbas — Washington Utilities and Transportation Commission||Jay Balasbas — Washington Utilities & Transportation Commission||Donna Barnett — Perkins Coie||Keith Barnhart — Shell Energy North America||Beth Beatty — Cost Management Services, Inc.||David Bennett — FortisBC Energy Inc.||Walter Bennett — Williams Northwest Pipeline||Tim Boyd — The TSB Group||Ed Brewer — Willliams Northwest Pipeline||Edward Brewer — Williams Northwest Pipeline||Tyne Brownlow — International Paper||Ian Burkheimer — Plum Energy||Jeff Bush — Calpine Energy Solutions||John Campion — PSE||John Carr — Industrial Customers of Northwest Utilities||Brent Carson — Van Ness Feldman LLP||Dan Casey — Thermic||Nick Caumanns — Cascadia Energy Ltd||Ed Coghlan — ON Semiconductor||Cliff Conte — Calpine Energy Solutions||Scott Corzine — Puget Sound Energy||Becky Coughlin — IGI/BP||Robert Cox — Kapstone Paper||Brian Cunnington — Cascade Natural Gas||Lynn Dahlberg — Williams Northwest Pipeline||Charles Deister — Jordan Cove LNG||Cynthia Des Brisay — FortisBC||Bill Donahue — Puget Sound Energy||Candice Engel||Ralph Epling — IGI Resources, a BP Energy Company||Carl Fink — Blue Planet Law||Grant Forsyth — Avista Corp.||Kelly Francone — Energy Strategies||Ken Fuhr — Independent Energy Consultants(BC)||Alan Garcia — NW Natural||Kimberly Gentle — Pend Oreille PUD||Laren Gertsch — Williams Northwest Pipeline||Rich Greenwell — Cost Management Services, Inc||Teresa Griffels — Portland General Electric||Sara Grigsby — SUPREME PERLITE COMPANY||Scott Gutting — Energy Strategies||Jena Hackett — International Paper||Steve Harper — Noble Gas & Power||Charley Hathaway — Northwest Procurement Solutions LLC||Tom Haymaker — Clark Public Utilities||Clifton Hazen — NW Natural||Leslie Heilbrunn — Portland General Electric||Kim Heiting — NW Natural||Eric Hiaasen — Clatskanie PUD||Nancy Holbrook — IGI Resources, Inc.||Chris Horn — Columbia Steel Casting Co.||Brandon Houskeeper — Puget Sound Energy||Sam Jackson — Apex Companies||Jason Johns — Stoel Rives LLP||Curtis Johnson — Calpine Energy Solutions||Garth Johnson — Enbridge Inc.||Scott Johnson — NW Natural||Cheryl Jones — Southern Cross Corp||Massoud Jourabchi — Northwest Power and Conservation Council||Robert Kahn — Northwest & Intermountain Power Producers Coalition (NIPPC)||Nick Kaiser — Nippon Dynawave Packaging Co.||Andreas Kammereck — Golder Associates Inc.||Bryn Karaus — Van Ness Feldman||Ryin Khandoker — Portland General Electric||Cathy Kim — Portland General Electric||John Kinder — Questar Pipeline, LLC||Alan Kiraly — SUPREME PERLITE COMPANY||Peter Kresnyak — Absolute Energy||Michele Kvam — Puget Sound Energy, Inc.||Mary Lang — FortisBC||Nancy Lange — NW Natural||Andrew Lightfoot — Puget Sound Energy||Tamy S Linver — NW Natural||Scott Madison — Intermountain Gas Company||Dave Madsen — Williams Northwest Pipeline||Daniel Mangeac — IGI Resources, INC.||Bruce Martin — WestRock Tacoma||Eric Martin — Stoel Rives LLP||Eric Martuscelli — Cascade Natural Gas Corporation||Jawad Masud — TransCanada||Josh McCall — BP||Mary McCordic — Shell Energy North America (Canada) Inc.||Gayle McCutchan — Calpine Energy Solutions||Gayle McCutchan — Calpine Energy Solutions||Mike McGrath — Intermountain Gas Company||Timothy McMahan — STOEL RIVES LLP||George Minter — SoCalGas||Jerry Mishler — Supreme Perlite Company||Jody Morehouse — Avista||Bob Morman — Cascade Natural Gas - MDU||Kirby Morrow — Absolute Energy||Stewart Muir — Resource Works||Tom Myrberg — Questar Pipeline, LLC||Stephen Newell — Ruby Pipeline||Thomas Pardee — Avista Corp||Joelyn Pineda — Shell Energy North America||Justin Pino — United Energy Trading||Rob Platt — United Energy Trading||Elizabeth Ponce — U.S. Cellular||Aldis Raisters — Georgia-Pacific||Jassi Randhawa — FortisBC||Rick Rautenbach — Enbridge||Connor Reiten — NWGA||Clay Riding — Northwest Innovation Works||Grant Ringel — Puget Sound Energy||Chris Robbins — Cascade Natural Gas Corp.||Mike Roberts — KapStone||Thad Roth — Energy Trust of Oregon||Shan Rowbotham — City of Ellensburg||Shan Rowbotham — City of Ellensburg||Dave Santen — NW Natural||Amy Schulties — NW Natural||Kaylene Schultz — Avista||Randy Schultz — IGI Resources, Inc.||Robert Schuster — FortisBC||Eric Scott — Avista Corporation||Mark Sellers-Vaughn — Cascade Natural Gas Corporation||Gary Sernovitz — Lime Rock Management||Steve Simmons — Northwest Power and Conservation Council||Tom Simpson — NW Natural||Gurvinder Singh — Puget Sound Energy||Heather Sixkiller — Portland General Electric||Trudy Slagle — Lamb Weston||Derrick Smith — MacKay Sposito||Teresa Smith — Pend Oreille PUD||Jared Sommer — BYU-Idaho||Tania Specogna — FortisBC Inc||Buddy Stanavich — City of Ellensburg||Mark Steele — Norpac Foods||Ashleigh Stewart — Boeing||Ashley Stowkowy — TransCanada||Ashley Stowkowy — TransCanada||Don Sturtevant — Simplot||Dennis Swanson — FortisBC||David Swenson — Intermountain Gas Company||Mona Tandon — Van Ness Feldman||Mike Thueson — BYU-Idaho||Gary Venz — Williams Northwest Pipeline||Fred Weisberg — Weisberg Law Corporation||Jay White — TransCanada||Keith White — NW Natural||Rusty Williams — BP||Bruce Wittmann — Wittmann Consulting LLC||Brian Wood — Nippon Dynawave Packaging Co.||Tom Yarborough — Weyerhaeuser Company||Dave Yexley — MDU Utilities Group-Cascade Natural Gas|