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Thursday Jun 21, 2018 |
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Temperatures started to move above normal over the course of this weekend with Monday reaching the high watermark at 93 degrees in Columbus, Ohio. The rest of the Northeast was not far behind as Boston and New York both moved into the high 80s. As people cranked up their AC units, demand across the ...
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Wednesday Jun 20, 2018 |
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Aloha, from the island of Oahu!!! Over the past couple of days my family and I have been able to hangout in Honolulu while our son's soccer team participates in the FarWest Regional Tournament. On our first full day, local friends took up to the North Shore where we got to drive past ...
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Tuesday Jun 19, 2018 |
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Coming into this week there were big expectations for power burns. The net load was expected to soar from 471 to 511 GWa which at face value should have produced the highest power burns of the year. But we noticed something different about yesterday's net load to power burn relationship. Gas ...
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Monday Jun 18, 2018 |
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Every year the water year in the Pacific Northwest is different. Not only is the cumulative volume of water that goes through the various dams within the river system different each year, but so is the timing of when the snow melts and hits the rivers. Further, every sub-region of the ...
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Friday Jun 15, 2018 |
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The first time I analyzed batteries as a wholesale power market asset was in 2013. A private equity outfit was looking into a battery company and asked me to help them evaluate the wholesale electricity market application of the batteries. The company was too far over its tips financially, and the ...
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Thursday Jun 14, 2018 |
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The recent heat wave that moved through the Ohio Valley is a reminder to those in the Northeast that summer is almost upon us. In many markets across the country, electrical demand peaks during the summer time. As people start to switch on their AC units, driving up load, the ISOs are doing their ...
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Wednesday Jun 13, 2018 |
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Over the past couple of weeks, we have written about the weather in ERCOT as well as the recent price spike that drove HE 16 on June 5th up to $8,000 (ERCOT's Price Spike). In the article underlined, we detailed the key components one needs to watch for as we move into the back half of June ...
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Tuesday Jun 12, 2018 |
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SoCal Gas continues to have a number of issues on their system that are expected to continue through next winter. Pipeline capacity into the Los Angeles Basin is severely restricted due to a number planned and forced outages. The result is that moderately high gas demand days will have to be met ...
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Monday Jun 11, 2018 |
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A month ago in a newsletter found here, we discussed the fact that the bulk of the CAISO's stated quarterly economic benefits are mainly driven by the fact that the $10 to $30/MWh in transmission costs that participants see in the day ahead WECC markets, simply vanish in EIM. In today's ...
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Friday Jun 8, 2018 |
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As an electricity market analyst I’d like to take this opportunity to thank the states of Texas and California for keeping work interesting for me (and keeping me employed). As the grid continues its long journey transitioning from thermal resources to renewables, California (What's your CCV ...
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