Solar and wind surpassed gas in global electricity generation for the first time
Global electricity generation shifted toward solar and wind, reducing reliance on gas-fired power generation.
Source →The trace
How it reaches your house.
Starting from Residential Electricity, we walked the supply graph hop by hop to the goods you buy and the companies you own. Each step is the engine’s reasoning, scored for confidence and cited where a source backs it.
First impact
Residential Electricity →supply upElectricity Generation
Renewables are taking a larger share of the global power mix and meeting most new electricity demand, so the electricity-generation process becomes less gas-constrained and more supplied by solar and wind.
92% confidenceResidential Electricity →Prices easeAs solar and wind displace gas-fired generation, pipeline-grade gas used in power generation is a displaced incumbent with lower demand and pricing power.
86% confidenceNatural Gas (Pipeline-Grade) →Prices easeWith 97% country share on this edge, a global shift away from gas-fired electricity should pressure U.S. pipeline-grade gas demand and prices.
Hop 2
Energy Transfer LP →Prices easeInterstate natural gas transmission pipelines
Lower gas-fired power demand reduces throughput and utilization on Energy Transfer's interstate gas pipelines, pressuring service prices; the 8% market share and 84-month replacement lead time make the effect material.
83% confidenceIndustrial electricity (high-voltage) →supply upIndustrial electricity is a critical, high-dependency input for medical oxygen, so a shift toward more solar and wind generation that supports electricity supply should increase medical oxygen availability.
71% confidenceKinder Morgan, Inc. →Prices easeHop 3
Interstate natural gas transmission pipelines →Prices easeAs gas-fired power loses share, interstate pipeline utilization and transport pricing soften, and Kinder Morgan has the largest listed exposure in this set.
63% confidenceInterstate natural gas transmission pipelines →Prices easeLower gas-fired generation reduces throughput pressure on interstate pipelines, which can weaken transport pricing and revenues for Williams.
61% confidenceInterstate natural gas transmission pipelines →Prices easeHop 4
TC Energy Corporation →Prices easeInterstate natural gas transmission pipelines
As gas-fired generation loses share, gas throughput on interstate transmission lines tied to TC Energy can soften, reducing utilization and pricing for this pipeline input.
71% confidenceTC Energy Corporation →Prices easeUnderground natural gas storage (depleted fields & salt caverns)
Less gas-fired power generation can also lower balancing and seasonal storage needs, pressuring demand and pricing for underground storage tied to TC Energy.
66% confidence
Where it lands
What you buy, and what you own.
Goods you buy
Medical oxygen
In the MyPRIA app, this is checked against your own holdings.