April 12 U.S. power generators in New England
reduced their use of natural gas as prices spiked during a cold
snap in January, and they turned mostly to oil and coal to fuel
their plants, the U.S. Energy Information Administration said in
The cold snap caused an increase in gas demand for heating
in New England that taxed the region's pipeline capacity and
boosted prices of the fuel.
The EIA said generation from gas-fired units fell was down
18 percent, or 860,000 megawatt hours, in January from a year
Consumption of residual fuel oil for power generation in New
England, meanwhile, rose 380 percent, with additional increases
in distillate fuel oil and kerosene consumption, the EIA said.
Overall, power companies used 446,000 barrels of oil to
generate power in January, up from 127,000 barrels a year
Oil is rarely used for power generation - it accounted for
only 0.3 percent of total annual generation in 2012 for New
England - because it typically is more expensive than other
fuels, the EIA said.
But New England and New York have a significant amount of
oil-fired and dual-fired generating capacity, which allows
generators to switch between oil and gas when needed, depending
on price and available fuel supplies.
Of the 32,000 megawatts of installed generating capacity in
New England, about 4,600 MW burn oil only, and 8,500 MW can burn
either oil or gas. Most of the remaining power plants in the
region are either nuclear or burn only gas.
New England also imports and exports electricity to and from
Canada and New York. New England usually imports more
electricity, largely hydropower, from Canada than it exports,
mostly to the New York City area, the EIA said.
Overall, the EIA said net imports in New England were 50
percent higher during January 2013 than in January 2012.
The biggest power generators in New England include units of
NextEra Energy Inc, Dominion Resources Inc,
Entergy Corp, Exelon Corp, NRG Energy Inc
and Public Service Enterprise Group Inc.