Florida’s Sabal Trail pipeline and associated natural gas pipeline projects begin service

(Mon, 10 Jul 2017) On July 3, the Federal Energy Regulatory Commission (FERC) authorized Phase I of the Sabal Trail pipeline to begin full operation. Sabal Trail is a 515-mile interstate natural gas pipeline transporting natural gas from an interconnection with the Transco pipeline in Tallapoosa County, Alabama, to the Central Florida Hub in Osceola County, Florida.

Energy commodity prices declined more than other commodities in the first half of 2017

(Fri, 07 Jul 2017) The energy component of the Standard and Poor’s Goldman Sachs Commodity Index (GSCI) fell 11% during the first half of 2017, the largest decline for any commodity group in the index. Other components of the index—livestock, industrial metals, precious metals, and agriculture—had end-of-June prices that were higher than at the beginning of the year.

Construction costs for most power plant types have fallen in recent years

(Wed, 05 Jul 2017) Based on EIA survey data for new, utility-scale electric generators (those with a capacity greater than one megawatt), capacity-weighted average construction costs for many generator types have fallen in recent years. Annual changes in construction costs include the effects of differences in the geographic distribution of installed capacity between years, differences in technology types, and other changes in capital and financing costs.

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