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Thursday Apr 25, 2019 |
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ERCOT is an acronym that stands for Electric Reliability Council of Texas while ORDC stands for the Operating Reserve Demand Curve. The nine letters have been joined at the hip as the former has implemented the latter into its real-time market when the grid becomes tight and it has to lean on ...
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Wednesday Apr 24, 2019 |
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If you live on the Eastcoast and are a National Basketball Association (NBA) fan, I hope you had it in you to stay up late to watch the Oklahoma Thunder vs. the Portland Trailblazers game that ended with Damian Lillard hitting a 37 ft. step-back shot at the buzzer for the victory!!!. It was ...
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Tuesday Apr 23, 2019 |
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Easter weekend not only brought eggs and candy to the Lower 48. It also brought a lot of wind. Wind turbine output pushed towards 50 GWa and combined with the holiday loads took the net load down to just 306 GWa. That is 70 GWa lower than what we are seeing today and one of the lowest net load days ...
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Monday Apr 22, 2019 |
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Q2 is the season for RTO assessments of market performance for the prior calendar year. PJM’s market monitor released its report for 2018 a few weeks ago and, by June, we’ll see the 2018 reports for the rest of the U.S. RTOs. This year, I’ll be particularly interested ...
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Thursday Apr 18, 2019 |
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Climate goals continue to move forward throughout the Northeast with New York and Massachusetts leading the charge. While Massachusetts has already set generator limits on carbon emissions as we discussed in our previous market flash, New York is still in discussions on how exactly to implement the ...
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Wednesday Apr 17, 2019 |
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Go Blazers!!!! While I was in college, I followed the Portland Trailblazers as their point guard was no other than Terry Porter who played along side Clyde 'the Glide' Drexler, Buck Williams and Jerome Kersey. This team was really good, the only reason they are not an iconic team is due ...
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Tuesday Apr 16, 2019 |
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We have heard a great deal of the associated gas production in the Permian Basin. The jump in natural gas volumes has stripped out the take away capacity leading to a catastrophic drop in cash gas values throughout the Southwest United States. Associated gas production increases are not ...
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Monday Apr 15, 2019 |
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Last year at this time, ERCOT's summer months were on everyone's radar screen as the start of the New Year reinforced the fact that the coal retirements throughout the state were going to have an impact on the marginal cost of electricity once the electrical demand kicks in. In fact, we wrote ...
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Friday Apr 12, 2019 |
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It is not uncommon for the key river across the Upper Midwest to flood in the spring time as the snow makes its way down the iron range slopes in Northern Minnesota or the several feet of accumulation that sits in North Dakota near the Red River. If you have every been to Fargo, ND or north ...
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Thursday Apr 11, 2019 |
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Pennsylvania is currently considering a bill that would subsidize nuclear generation which we touched on in our previous newsletter. It appears that the seeds have grown roots as a companion bill was also introduced to the State Senate earlier this week. The Senate version of the bill, SB 510 ...
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