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Tuesday May 21, 2019 |
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There is some clarity starting to develop in the forward weather models. Over the past week NOAA and WSI both published their forecasts for June confirming an above normal bias for the East and a below normal bias for the West. The outlooks are extending the near term forecasts and now ...
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Monday May 20, 2019 |
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This past Friday, the daily EnergyGPS Newsletter Blog focused on the CAISO Summer Assessment report published recently while the weekly Newsletter Article titled 'Calfornia's Summer Balance' took a look at where the rubber was going to really meet the road come Q3-2019. If you are new to the ...
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Friday May 17, 2019 |
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CAISO released its 2019 Summer Assessment on May 8 and it contains good news. Californians can keep their refrigerators stocked with perishables as CAISO is reporting significantly lower probabilities of declared emergencies (Table 1).
Table 1 | CAISO Summer Assessments: Probability* of ...
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Thursday May 16, 2019 |
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With all the talk of carbon reform going on recently, we decided to take a look at a micro level and consider whether our household’s choice of appliances are optimal. The easy choice would be to just opt for electric since there isn’t a fossil fuel burning in your home, but we will ...
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Wednesday May 15, 2019 |
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There have been a number of changes to both supply and demand that have created a very loose balancing condition for most of this spring. But we are now starting to see the tide shift in the other direction. Cash prices have been supportive in Texas and the Gulf over the past few days despite the ...
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Tuesday May 14, 2019 |
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Over the past couple of years now, we have had the privilege of interacting with Randy Hardy on a monthly basis as he makes his way down to Portland for other business. In recent conversations with him, he has been discussing the future capacity markets in the Pacific Northwest. In ...
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Monday May 13, 2019 |
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If you are a basketball fan, the two Game 7 conference semi-finals were flat out amazing as the Portland Trailblazers came back from being down by 17 points to win on some clutch shooting by CJ McCollum and free throws by Evan Turner. Over in the East, the showdown between the Toronto Raptors ...
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Friday May 10, 2019 |
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On May 8th, ERCOT released the final Seasonal Assessment of Resource Adequacy (SARA) for summer of 2019 and updated Capacity, Demand and Reserve (CDR) report (http://www.ercot.com/news/releases/show/181248). These are ERCOT planning documents about expected future demand, supply, and the resultant ...
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Thursday May 9, 2019 |
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As NYISO continues through outages season, the moderate temperatures have kept demand on the lower end shifting the brunt of generation away from the thermal stack. With generation returning to the grid, the Zone G LMP fell to the $19 level for Wednesday even lower than the weekend print. While the ...
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Wednesday May 8, 2019 |
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I remember making the transition from being a high school math teacher to working my first days on a trading desk. My head was spinning with the terminology that was being used on a daily basis. This was back in the day where acronyms such as the PX or the ISO RT were being discussed as ...
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