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Brief: Thermal Outperforms
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Brief: Thermal Outperforms

Shorter days, cloudier skies, and calm winds dropped combined solar and wind generation to its lowest share of lower 48 power demand this week, enabling thermal generators to record their best performance since the week ending October 31.

Brief: 4.6x More Solar
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Brief: 4.6x More Solar

The U.S. installed nearly 4.6 times more solar capacity than gas-fired generation through the first eight months of 2025. The EIA’s latest Form 860 data suggests this trend will continue, with solar additions expected to exceed gas by 4.2 times by the start of 2026.

Daily Market Update - September 22, 2025
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Daily Market Update - September 22, 2025

Today in oil and natural gas markets:

Brief: Peak Summer Power Burns
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Brief: Peak Summer Power Burns

Texas’ daily gas fired generation recorded its highest level of 2025 this week at more than 971 GWh (5YR S.A. 98th percentile) as Texas power demand gained to its second-highest of the summer (1,671 GWh - 5YR S.A. 94th percentile).

Brief: Texas Solar +47% Y/Y in July
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Brief: Texas Solar +47% Y/Y in July

Solar generation growth remained a powerful source of demand destruction for the South Central gas market this month, as ERCOT’s average mid-day solar generation jumped more than 47% above average rates from July 2024.

ES #147: China v. U.S. is about energy

ES #147: China v. U.S. is about energy

China generated over 10,000 TWh of electricity in 2024, more than doubling total U.S. power output as the global AI resource race heats up

Brief: Record Texas Renewables
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Brief: Record Texas Renewables

Texas' system-wide load hit its highest in over a month this week, but demand for thermal generation was slashed by a rapid jump in wind output that raised total renewable generation to an all-time record.

Brief: The Cusp of Summer Power Demand

Brief: The Cusp of Summer Power Demand

Daily power demand for the continental United States averaged over 5% above the previous 60-day rate this week, and demand for thermal power resources jumped to 3-month highs as wind faltered

ES #139: Expediting The U.S. Nuclear Renaissance

ES #139: Expediting The U.S. Nuclear Renaissance

President Trump signs a series of presidential actions to slash regulatory barriers and boost incentives for new

ES #137: Gas-Fired Power Generation Falls 7.7% Y/Y

ES #137: Gas-Fired Power Generation Falls 7.7% Y/Y

Year-to-date power generation data for the continental United States shows solar generation has outpaced all other fuels. Planned capacity growth suggests a structural shift to solar and natural gas for pre-2030 projects

ES #131: China's Tariff Retaliation Taps Critical Mineral Leverage

ES #131: China's Tariff Retaliation Taps Critical Mineral Leverage

China responds to President Trump's reciprocal tariffs with a combination of retaliatory levies and export restrictions on critical minerals like rare earth magnets

ES #130: The Strategic Case for Greenland

ES #130: The Strategic Case for Greenland

Why the Trump administration's Greenland interest extends far beyond untapped critical minerals