Episode
16

The North American Natural Gas Market with Market Analyst James Williams

October 6, 2021
|
Duration:
1664940
Apple Podcast Icon
Listen on Apple Podcasts
Spotify icon
Listen on Spotify

In This Episode:

Join energy coaches David Arkell and John Pooley with natural gas market analyst James WIlliams on an episode about the natural gas market in North America.  This episode features an overview of the market, pricing composition, and how customers should approach their natural gas usage.

Highlights

  • Overview of the Natural Gas Market: North America’s gas market consists of regional hubs, with key price points in Alberta, Ontario, and the U.S. (Henry Hub). Prices vary based on local supply-demand dynamics and geopolitical stability, particularly in the U.S. and Canada.
  • Price Drivers and Volatility: Prices fluctuate based on market supply, consumer demand, and speculative trading. Williams notes that consumer willingness to pay and production costs are primary factors impacting prices.
  • Geopolitical Differences: Unlike Europe, where political factors like Russian exports impact supply, North America’s market operates with relative independence. However, production shifts in Canada and the U.S. affect regional prices.
  • Natural Gas Cost Structure: Natural gas costs include commodity prices, transportation, distribution, and carbon taxes, especially in Canada. For example, in Ontario, transportation costs vary depending on the distance from major hubs.
  • Future of Natural Gas and Alternatives: Rising carbon taxes and growing energy costs push companies to explore alternatives like electrification, geothermal, and energy efficiency practices to reduce dependency on natural gas.

Key Insights

  • Carbon Tax Impact on Costs: In Canada, carbon tax rates are rising, with projections reaching $170 per ton by 2030, increasing natural gas costs substantially. Companies must consider carbon taxes when planning long-term energy strategies.
  • Importance of Energy Efficiency: Williams highlights how companies can achieve cost savings by optimizing energy usage, such as reusing waste heat and improving insulation, reducing overall gas consumption.
  • Understanding Cost Components: Companies should consider all aspects of gas costs, not just commodity prices, as savings opportunities may lie in transportation and distribution efficiencies.
  • Alternative Energy Sources: With the prospect of higher gas prices, Williams suggests that companies evaluate electrification, geothermal, and hydrogen as feasible options for certain heating and industrial processes.
  • Supply Chain and Market Knowledge: By tracking supply hubs, demand shifts, and pricing structures, companies can make informed energy procurement decisions and avoid unexpected costs.
Share this story
Carbon Tax
Natural Gas
Hydrogen
Energy Procurement
Energy Costs
Energy Efficiency
Prev

Loading...

Next

Loading...

The 2022 North American Energy Market with Stephen Schork
The Future of Canada's Oil Industry with PTAC's COO Allan Fogwill
What's Happening in the Energy Market – with Stephen Schork
Monetizing Carbon
Clean Fuels with NRCC Director of Materials for Clean Fuels Dr. Phil De Luna
The Current Status of Canada's Oil Industry with PTAC's COO Allan Fogwill
Zero Emission Building Basics with Dr. Tony Cupido
Energy Markets in 8 Months with Allison Zyba
Carbon Offsets 101
The Foundation of Carbon Regulation
Inside A Greenhouse: Energy Operation with Derek Schulze
Carbon Tax and Carbon Regulation Basics
Inside a Greenhouse: Energy Consumption with Derek Schulze
The 360 on Energy and Carbon 2021 Recap
Industry and Academia Partnerships with Dr. Rupp Carriveau
Geo-Exchange's Role in Net Zero with Geosource
Geo-Exchange Explained with Geosource
COP26, What's Next?
Industry ESG Strategy with ESG Global Advisors CEO Sarah Keyes
ESG Basics with ESG Global Advisors CEO Sarah Keyes
Sustainability Influences on Produce Supply with VP Supply Chain & Sustainability at PMA Ed Treacy
Climate Change & The Impact on Produce Supply Chain – with Ed Treacy, VP Supply Chain & Sustainability at PMA
Manufacturing Guide to Energy and Carbon Management with Samuel, Son & Co.'s VP Environmental, Energy, & Real Estate John Lennartz
Samuel, Son & Co.'s Energy and Carbon Management with VP Environmental, Energy, & Real Estate John Lennartz
The 2021 Natural Gas Spike with Market Analyst James Williams
The North American Natural Gas Market with Market Analyst James Williams
Managing Energy and Carbon in the Greenhouse Industry Part 2
Managing Energy and Carbon in the Greenhouse Industry Part 1
Hydrogen's Place in the Industry with Expert David Layzell
Climate Change & Its Impact on Organizational Financial Planning
The Future of Energy Storage with Hydrostor President & COO Jon Norman Part 2
The Future of Energy Storage with Hydrostor President & COO Jon Norman Part 1
The Future of Hydrogen with Expert David Layzell
Climate Change & Planning for Corporate Risk
Organizational Sustainability with Expert Bob Willard Part 2
Organizational Sustainability with Expert Bob Willard Part 1
The Importance of Data Management Part 2
The Importance of Data Management Part 1
Managing Energy and Carbon Goals
The Energy & Carbon Business Basics
Meet the Energy Coaches
COP 29: Progress, Politics, and Purpose
The Power of Thought Leadership in Energy with Ed Crooks
Sustainable Mining & Innovations in Metal Extraction with PH7 Technologies
Understanding Bill C-59 with Sarah Keyes
Investing in Sustainability: Benefits for Businesses with Gerald Leonard
Back to Basics: Energy Management, Net Zero Strategies, and Policy Impacts
Navigating Energy Market Volatility in 2024
The Path to Sustainable Aviation & Low-Carbon Flight
The Rise of CleanTech: A Deep Dive with Tom Rand from ArcTern Ventures Episode
Leader Series - Honda Canada’s EV Transition with President Jean Marc Leclerc
Embracing Canada’s New Sustainability Disclosure Standards
The Role of Critical Metals in Clean Energy
Surprising Advancements in Propane Technology
Sustainable Concrete: Innovations in Cement at Lafarge Canada
Journey to a Sustainable Coffee Cup
Inside the Carbon Market: Strategies and Insights from Guardyan Conservation
Navigating Corporate Energy Challenges
The Future of Clean Tech and Climate Action in Canada
The 2024 European Energy Market
Zero-Carbon Industrial Heat: The Rondo Heat Battery
Energy Invoices
The Role of Propane in Carbon Reduction
Data Modeling for Real-Time Applications: Strategies and Considerations
Sustainability in Specialty Coffee Production
Leader Series – Sustainability and Managing Energy Featuring Staples Canada
Entry into the Carbon Credit Sector
Navigating the Energy Transition: Insights, Trends, and Strategies
Solar Generation
The Future of Rail Transport with RailVision Analytics
Leader Series - Featuring Staples Canada
The Energy Transition
COP28, What’s Next?
The 360 on Energy and Carbon 2023 Recap
The Future of the Oil and Gas Sector with Stephen Schork
Leadership and Decarbonization
Carbon Capture and Removal – with Dr. Phil De Luna from Deep Sky
What’s Happening in the 2023 Energy Markets?
Moving Towards a Zero Emission Future with Purolator
Leftover Food and Net Zero with Robert Lee
The Zero Emission Transition with Purolator
Market Literacy and Narratives in the Energy Industry with Markham Hislop
Key Steps to a Successful Energy Transition
Role of Compressed Air Energy Storage To Enable the Energy Transition
Rescuing Leftover Cuisine with CEO Robert Lee
Taking Canadian Energy International with Jacob Irving
The Energy Transition with Markham Hislop
Hydrostor Update with President Jon Norman
What is the Energy Council of Canada? with Jacob Irving
What Behaviours Support the Energy Transition? with FortisBC
Utilities Role in the Energy Transition with FortisBC
Ocean Sustainability with Brandon Levy
Sustainable Ocean Alliance with Brandon Levy
Regenerative Farming with Dipesh Mistry
Climate Change & Farming – with Dipesh Mistry
Circular Economy
Net Zero Procurement Basics
A Sustainable Business Case Study – with VeriForm Inc.
Workforce for a Low Carbon Economy with EHRC's CEO Michelle Branigan
Becoming a Sustainable Business – with Paul Rak
Net Zero Procurement & Supply Chain with Bob Willard
“What’s Happening with ESG in 2023?” with Sarah Keyes
Net Zero Procurement with Bob Willard
2023 Energy and Carbon Trends
Alberta Electricity Market Case Study – with Sheldon Fulton
Energy Market Design with Sheldon Fulton
Energy and Industry in Europe with Henning Gloystein
The 2023 European Energy Market with Henning Gloystein
Calgary’s Climate Strategy Case Study – with Bob Hawkesworth
Government & Climate Strategy with Bob Hawkesworth
Energy Markets in 2023 with James Williams
Innovation in Utilities with Essex Power's CEO John Avdoulos
The Future of Utilities with Essex Power's CEO John Avdoulos
Climate Resiliency – with Agriculture and Agri-Food Canada
Climate Modelling & Application in Agriculture – with AAFC
Top 5 Energy & Carbon Management Steps
The 360 on Energy and Carbon 2022 Recap
The Accountants Role in Organizational Sustainability with CPA Canada
COP27, What's Next?
Who Governs Energy?
What Happens at a Net Zero Conference?
Distributed Energy Resources (DERs) Basics
Energy & Carbon in the Greenhouse Industry with OMAFRA
The Many Names of Net Zero Carbon Emissions
2022 Natural Gas Demands and Trends – with Stephen Schork
2022 Natural Gas Markets – with Stephen Schork
What's New at 360 Energy?
Climate Change and the Impact on Industry Insurance – with IBC's Craig Stewart
Climate Change and Insurance Basics – with IBC's Craig Stewart
Industry Implementation of Carbon Capture Utilization and Storage (CCUS) with Richard Adamson
The Road to Net-Zero Carbon Emissions
Carbon Capture Utilization and Storage (CCUS) 101 – with Richard Adamson
Operating Renewable Energy
360 Carbon Excellence Program
Electrifying Freight Transport
Operating a Zero-Emission Building with Dr. Tony Cupido
Corporate Expectations from New Graduates
Regulated vs Deregulated Energy Markets
Building and Managing an Energy Team – with Durez
Renewable Energy 101
A Sustainable Future – with Dr. Phil De Luna

Related Episodes

Episode
139

Sustainable Mining & Innovations in Metal Extraction with PH7 Technologies

November 20, 2024
Duration:
1980360

PH7 Technologies, led by Mr. DoostMohammadi, revolutionizes metal extraction through circular economy practices, recycling metals from low-grade and end-of-life products

Episode
136

Back to Basics: Energy Management, Net Zero Strategies, and Policy Impacts

October 23, 2024
Duration:
2345193

360 Energy discusses the importance of energy management for businesses to reduce carbon emissions and improve financial efficiency.

Episode
134

The Path to Sustainable Aviation & Low-Carbon Flight

October 2, 2024
Duration:
2130523

Bruno Miller from Air Company discusses sustainable aviation fuels, highlighting their potential to reduce carbon emissions in the aviation industry.

Stay Connected – Join Our Newsletter
Solutions
360 ECOSEnvirally360 Carbon Excellence360 GrO
Company
Why UsPressContact UsBook A MeetingClient Login
Resources
Success StoriesFAQsArticlesPodcastWhite PapersWebinars
Facebook
Instagram
LinkedIn
X
Apple Podcast
Spotify
YouTube
© 2024 360 Energy Inc. All right reserved.
Privacy PolicyTerms and ConditionsCookies Settings