Ontario’s January Gas Storage Withdrawals Second Largest on Record

Natural gas storage withdrawals in Canada’s most populous province of Ontario reached their second largest amount on record in January 2025 at 102 Bcf (red column in chart below) according to RBN’s Canadian NatGas Billboard. This is 22 Bcf greater than withdrawals recorded a year ago and is just 8 Bcf short of the record 110 Bcf withdrawn in 2022 (green column). Although ranked as only the 65th coldest January since 1900 based on population weighted heating degree days, a growing population and generation from renewable power sources in the form of wind that was less than average during the month, forced a record high gas power burn and contributed to the large storage withdrawal.