Us gas energy storage

What is a natural gas storage facility?

Natural gas storage facilities are an integral part of the U.S. natural gas infrastructure. Most storage facilities function to modulate the naturally occurring seasonality in demand of natural gas – historically providing a demand sink in the summer when natural gas demand is low and a supply source in the winter when demand is high.

How important is underground natural gas storage capacity?

Underground natural gas storage capacity continues to play an important role in balancing energy needs in the United States, regardless of how it is measured.

Where can I find information about natural gas storage?

Information in our WNGSR is also available on the Natural Gas Storage Dashboard, which shows natural gas inventories, storage capacity, prices, and consumption. Principal contributors: Katy Fleury, Grace Wheaton

Did working natural gas storage capacity increase in 2023?

Underground working natural gas storage capacity in the Lower 48 states increased in 2023. We use two metrics to assess working natural gas storage capacity. The first metric—demonstrated peak capacity—rose 3% by 124 billion cubic feet (Bcf) in 2023, reflecting the increased use of natural gas storage due to market conditions.

How many gas storage facilities are there in the United States?

As of the end of 2014, there were more than over 400 storage facilities in the U.S. with nearly 4.8 Tcf of working gas capacity and capable of delivering more than 118 Bcf/d of supplies. They consist of 333 depleted fields, 46 aquifers and 39 salt dome facilities, as shown in Table 1.

What happened to natural gas storage capacity?

Demonstrated peak natural gas storage capacity in the United States had fallen in recent years, declining in five out of the last seven years since reaching its highest level on record, 4,362 Bcf in 2017 (covering 2011–16).