Despite warmer temperatures and the absence of coronavirus-related demand destruction, Midwest gas-fired power generation is down 300 MMcf/d summer over summer likely due in part to substantially higher regional cash prices coupled with additional wind capacity. New wind capacity and higher gas prices appear to be slashing Midwest power burn summer over summer, with Illinois showing the largest drop in deliveries to power plants this year versus last, according to S&P Global Platts Analytics. Midwest power burn, on a per degree basis, is down year over year so far this summer on a per degree and has averaged 2.1 ... (full story)