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The California natural gas landscape has been making its way to the forefront of many conversations over the past few months as the narrative is 180 degrees opposite of what was being stated last year (Spring 2023) at this time. There are several fundamental reason for the changes that continue to drive down the cash Citygate prices at PGAE and SoCal.
Figure 1 | California Power Burns - Year on Year Daily Comparison
The graph above displays how the power burn component within California is being impacted by the power market fundamentals and discussed in the articl, titled 'Shoulder Season Situation - California NG'. We include articles within the Gold eCommerce Package where the Platinum/Platinum Plus Packages dive deeper into key issues along with providing dashboards around the renewable components mentioned in this piece.