Featured Articles
| Tuesday Jan 2, 2018 | |
| We hope everyone had a nice holiday. It was a difficult time to stay away from the energy markets with so much going on with the fundamental picture. Heading into the New Year any forecasters were calling for a return to normal/above weather. But this has not panned out as expected. Since before Christmas, the actual temperature postings compared to forecast have been coming ... » read more | |
| Monday Jan 1, 2018 | |
| The California Independent System Operator (CAISO) launched the western energy imbalance market (EIM) on November 1st, 2014. As a quick reminder, the EIM utilizes the CAISO's advanced market systems, which take into account all load, generation, and transmission that have made themselves available, to automatically provide a least cost solution on a five minute ... » read more | |
| Friday Dec 29, 2017 | |
| Congratulations! You are reading the final EnergyGPS newsletter of 2017. Selecting today’s topic was a little overwhelming for me. So much has happened in 2017. There is still so much to say, and so little time to say it. I decided to take this in an informal direction today. We’ve all worked plenty hard this year. You are likely reading this because you are ... » read more | |
| Thursday Dec 28, 2017 | |
| SPP hit an all-time high for wind generation earlier this month with a record of 15.5 GW. This wind generation eclipsed the record of 13.1 GW previously seen in the SPP. Although the ISO nearly hit this record during the fall, over 1 GW was curtailed on a regular basis. What has changed since then, and how are they now able to actually generate this large amount of ... » read more | |
| Wednesday Dec 27, 2017 | |
| Starting in 2002, California's Senate Bill 1078 created a Renewable Portfolio Standard (RPS) which would dictate the percent of electricity load that would be served by renewable energy resources. There have been many Senate Bills since the initial 1078 that would increase the RPS targets for 2010, 2020, and 2030. In 2011 the 2020 RPS target was set at 33%. ... » read more | |
| Tuesday Dec 26, 2017 | |
| Good Morning. We hope you had a wonderful holiday. What a difference one year can make. Just 12 months ago we were still getting over a natural gas production environment that had fallen on hard times back in 2015. Low prices caused a drop in the rig count and brought total natural gas production down from 74 BCF/d in December 2015 to ... » read more | |
| Monday Dec 25, 2017 | |
| In a year dominated with fundamental changes to the natural gas infrastructure we believe the uptick in Production is the largest story. Yes, the expanded capacity at the LNG export facilities and increased exports to Mexico are a signal of a shifting paradigm in the global energy landscape regarding the Untied States' role in the years to come. However ... » read more | |
| Friday Dec 22, 2017 | |
| The House and Senate are finalizing the details on a tax bill that looks set to pass shortly. In such a large and complex piece of legislation, there are of course many winners and losers. One particular piece of interest in the bill is how the change in the headline corporate tax rate will impact energy markets. The central provision of the current tax overhaul is a ... » read more | |
| Thursday Dec 21, 2017 | |
| Load has been declining on the West Coast for the past decade. Several factors contribute to the load reduction such as energy efficiency, as well as more conservative energy usage by the end user. However, a main player in the reduction of year-over-year CAISO load is solar energy. Small solar installations are hidden from the real-time fuel mix and are known as ... » read more | |
| Wednesday Dec 20, 2017 | |
| At the end of last week the various weather runs all pointed to temperatures coming in around normal over the Christmas holiday. Starting this past weekend and proceeding into this week we have continued to add HDDs to the forecast for the final week in December. Yesterday morning's model run showed a 38 HDD forecast (Euro Ensemble) for the 25th which ... » read more | |
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