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Wednesday May 25, 2022 |
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The Southwest Power Pool (SPP) has been known as the highest wind to power demand ratio region within the Lower 48. This is quite impressive considering most of the press it tied to California’s renewable mandates through policy and what ERCOT has been able to do over the ...
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Tuesday May 24, 2022 |
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When there is a problem in the energy sector, the solution is to send a price signal at it until it goes away. When supply is greater than demand, the signal is downward trending while the opposite is true when demand is greater than supply. The actual price movement is modest when the ...
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Monday May 23, 2022 |
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Over the past couple of years, the pandemic has changed the how we view the world as the days of talking on an office telephone has been replaced with some sort of headset that connects to one’s home computer and some communication application such as Zoom, Skype or the popular Microsoft ...
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Friday May 20, 2022 |
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The past month has been a tale of volatility in ERCOT. Since April 20, we have released no fewer than five ERCOT Market Flashes detailing the swings that the market has taken due to a variety of factors—renewables that are growing tremendously year-on-year, the new ORDC rule changes ...
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Thursday May 19, 2022 |
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The transition from winter to spring in Texas over the past several weeks has brought the first glimpses of how ERCOT will respond to summerlike heat in its borders. As recently as the afternoon of last Friday, May 13, real-time prices at ERCOT’s Houston Hub climbed over $5,000. ...
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Wednesday May 18, 2022 |
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As we turn the corner and work through the back half of May 2022, there are a couple of common themes that seem to be arising across the country. The first is the simple fact that the summer forecasts are calling for above normal temperatures across the Midwest, East and South Central all the ...
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Tuesday May 17, 2022 |
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There have been several energy related catastrophes over the past decade that have put pressure on the storage balancing in the state of California. The loss of San Onofre Nuclear Generating Station, The Aliso Canyon Storage Cavern rupture and the loss of L3000 and L4000 import pipelines into the ...
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Monday May 16, 2022 |
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This past weekend, I had the pleasure of traveling down to rural Iowa for my father-in-law’s celebration of life ceremony. Many who new good ole Marv Wente, he always had a story to tell either about fishing, the farm or selling sweet corn at the intersection of two state highways for ...
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Friday May 13, 2022 |
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I love reviewing the Energy GPS monthly renewables report. In one concise report I can check on how well the renewable fleet is doing through US electricity markets. The report has all of the key indicators such as maximum production for wind and solar, average production, curtailment, market ...
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Thursday May 12, 2022 |
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Despite the continued weather pattern in the Pacific Northwest keeping temperatures throughout the region approximately 10 degrees lower than what is normal for this time of year, the start of this week has shown some movement in the conditions for the hydro system that have been relatively ...
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