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Friday Aug 23, 2019 |
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ERCOT has understandably been the focus over the past two weeks, as low wind and high load resulted in prices reaching the $9,000/MWh cap on two different days. However, as much as high prices make headlines, ERCOT has also seen plenty of low and negative prices in the past couple years – and ...
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Thursday Aug 22, 2019 |
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As concerns about global warming continue to escalate, RTOs across the country continue to look towards Renewables in order to supply the grid of the future. Among the most ambitious of these is the New York ISO. With the support of Governor Cuomo, the state pledged to bring 100% carbon free ...
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Wednesday Aug 21, 2019 |
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Over the past few weeks, we have written about the ERCOT real-time market prices exploding up to the cap number and how the day-ahead auction results try to get in front of things as the later afternoon hours spike up as buyers come to the table. We also have discussed how both the wind and ...
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Tuesday Aug 20, 2019 |
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At the start of this month the market experienced two events which, if taken individually, would have had a big effect on the Gulf supply demand balances. But instead of causing a disruption, the events largely cancelled each other out on the impact. First, Texas Eastern suffered another rupture ...
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Monday Aug 19, 2019 |
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After a volatile last couple of weeks in Texas, the ERCOT real-time market took a bit of a break as the 5 minute ticks did not show any red coloration on the map nodal postings. In fact, when you look at the both the day-ahead and real-time hourly auction clears, neither one of them showed ...
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Friday Aug 16, 2019 |
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Yes indeed, folks, it finally happened. The weather got hot in Texas, demand leapt, and prices rocked. I say "finally" because ERCOT eschews capacity payments and has specifically designed its real time energy market to create high prices during times of scarcity. Despite what most electricity ...
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Thursday Aug 15, 2019 |
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Many of my friends are seeing their college bound kids off over the next couple of weeks which is a signal that the summer days are almost over and Fall is right around the corner. In the Pacific Northwest, if you have not been paying much attention, the summer has blown by without that many ...
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Wednesday Aug 14, 2019 |
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It has been almost two weeks since I spent a couple of days at the Infocast “Extracting Value from Renewables” conference in La Jolla. This was the maiden voyage for this conference which turned out to be a blessing. Attendance was relatively small – about 100 people – but ...
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Tuesday Aug 13, 2019 |
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Over the past two years we have seen a dramatic shift in the natural gas import volume from Canada. The increase of Bakken and Marcellus/Utica natural gas volumes has displaced the need for pipeline volumes from the north. Canada has also seen a big surge in gas demand as the electric dispatch ...
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Monday Aug 12, 2019 |
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The last couple of articles sent out via the EnergyGPS Newsletter packages were tied to how the weather pattern this summer has not materialized to widespread heat across North America while certain regions tied to both weather and renewables have seen their net load move up in recent weeks as ...
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