M-U has More Supply Than We Can Use In-Basin for New Powergen

Northeast natural gas demand (the amount we use in-basin, in the Marcellus/Utica) has grown by 46% over 15 years, reaching 20.1 Bcf/d in 2024, driven primarily by power-sector consumption, which has doubled since 2010 as coal plants have retired. Gas-fired generation serves to balance seasonal fluctuations in unreliable wind and solar, peaking in the summer months. Future growth in new demand for natural gas, says RBN Energy, faces "headwinds" from renewable expansion. The U.S. Energy Information Administration (EIA) projects a small increase of 230 MMcf/d in new gas supplies needed through 2030. However, six major data center projects—led by Frontier Group's 3.6 GW Shippingport facility and Nscale's 1.4 GW Monarch center—could add 1 Bcf/d in demand by 2029, totaling potential growth of 1.2 Bcf/d in new supply needed. However, there's still an ongoing mismatch between supply and demand.

---

To view this content, log into your member account. (Not a member? Join Today!)