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Thursday Mar 30, 2023 |
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While the hydro system in our neck of the woods up in the Pacific Northwest continues to deal with a very dry water year and cold weather extending past the winter and now into the spring to delay snow melt from feeding into the rivers, down in California the story is different with a bounty of ...
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Wednesday Mar 29, 2023 |
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The West has been wet and wild this winter with California buffeted by a seemingly never-ending series of atmospheric rivers. Similarly, the Desert Southwest is experiencing an abundance of water at the end of winter. The figure below from the Bureau of Reclamation shows snow water equivalent for ...
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Tuesday Mar 28, 2023 |
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ERCOT’s day-ahead hourly price settles have seen a nice little bump up during the evening ramp as the sun settles, power demand remains at a heightened level with little wind generation to speak of. Transitioning into the real-time, the system balancing is such that a higher price ...
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Monday Mar 27, 2023 |
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One could see their breath this morning in Portland, OR, while letting the dog out at 3:30 am. In fact, it was cold enough that the cars parked in the driveways and on the street had a little frost on the windshields, which is another indication just how cold it is as we round out the month ...
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Friday Mar 24, 2023 |
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We’ve written previously about ERCOT’s “HE20” problem—as opposed to the evening ramp problem faced by CAISO, the tendency that’s been showing up recently for price spikes to occur for a couple of hours or less right around 8 pm, while load is still high, solar is ...
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Thursday Mar 23, 2023 |
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This winter has been mild in the Southeastern United States with temperatures mostly above normal. However, mid-March brought a few days of cold with temperatures more than 12 degrees F colder than normal. The figure below shows an average composite temperature for the Southeast region for each day ...
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Wednesday Mar 22, 2023 |
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Earlier this month the first new nuclear plant in the US in 7 years reached initial criticality, meaning operators have successfully created a nuclear reaction and produced heat needed for creating electricity. The plant, Vogtle Unit 3 in Georgia, won’t be fully online until May or June, but ...
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Tuesday Mar 21, 2023 |
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Over the past year, the Lower 48 natural gas production has grown in response to the elevation in pricing that was experienced worldwide. Most of the change in field receipts was posted in the Haynesville and Permian Basins with the latter correlated to the increase in crude oil production. North ...
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Monday Mar 20, 2023 |
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California is starting to look like the days of old when it comes to the renewable curtailments that are showing up over the weekend. The factors that play into curtailments range from thermal generators needing to stay on during the midday so the megawatts can be produced for the evening ...
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Friday Mar 17, 2023 |
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A big question at the front of our minds at the Energy GPS headquarters is the solar capture ratio in ERCOT over the next couple of years. The solar capture ratio for a year is calculated by taking the solar-weighted price for the entire year and dividing that by the simple average price for the ...
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