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Powerburn

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What is powerburn? Powerburn is natural gas burned for the purpose of electricity generation. During the summer , it is the leading component of daily natural gas demand. While it rises with increasing cooling demand, powerburn is also influenced by the price of natural gas and it is a metric for the competitiveness of natural gas versus other fuels. This makes powerburn less temperature-dependent than other elements of natural gas demand and it serves as a useful proxy for the looseness/tightness of the gas market. Powerburn numbers on this page are based on Realtime electrical grid data from the 7 Independent System Operators (ISO) and the EIA. It is based on observed electrical load and is updated on a minute-to-minute basis. Daily numbers aree based on observed EIA-reportede load and are usually updated for the previous day by 11 AM EDT. Average daily error is <0.5 BCF/day.



Daily Natural Gas Powerburn
Daily powerburn numbers are updated for the previous day based on finalized, nationwide natural gas fuel consumption data and are usually updated between 10 AM and 11 AM EDT.



Fuel Generation Mix & Alternative Energy Demand
Fuel generation mix is the fraction of each fuel type--natural gas, coal, nuclear, wind, solar, and hydroelectric--that goes towards supporting the electricity grid. Natural gas powerburn demand is a function of both the percent share of this generation mix and cooling degree days. Cheaper prices tend to favor a higher percent share.