Cities Index.
Natural Gas Volatility 2022

City Council and Authorities Concurrent
December 6, 2022

Document
Natural Gas Volatility 2022
Meeting
December 6, 2022
Body
City Council and Authorities Concurrent
Original file
138 KB
Text extracted from the city's file for reading and search. Open the original on santaclara.legistar1.com. That file is the official record.

Natural Gas
Volatility
2022
• Natural Gas prices drive the
price of Electricity in the day-
ahead and real-time markets
in California
• In 2022, Natural Gas prices
were extremely volatile,
rising as much as 150% over
prices at the beginning of the
year.
• Prices remain nearly 50%
higher than at the start of
the year.

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