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| Tuesday Jan 9, 2018 | |
| Over the past two years the Alberta natural gas market has been suffering from an oversupply issue. While a good deal of the natural gas supply/demand dynamics have adjusted to years of increased production receipts, recent developments have started burden the capability of the NGTL system infrastructure. The TransCanada Towerbirch expansion on the north part of the James ... » read more | |
| Monday Jan 8, 2018 | |
| In general I don't like to be grumpy. Going through life in a good mood, laughing and smiling is without question the best way to win in this game of life. There are many things in life that make me smile. Children laughing is always a surefire method for bringing a smile to my face. Playing a prank on a co-worker will likewise bring a smile. ... » read more | |
| Friday Jan 5, 2018 | |
| The next couple of years could prove to be pretty interesting in the Pacific Northwest energy markets. The Northwest is home to a lot of clean resources (hydro and wind) as well as a lot of flexible resources (hydro). The Northwest fleet has not been feeling the love in recent years. California’s rules limiting imports of renewable power for RPS compliance (coupled ... » read more | |
| Thursday Jan 4, 2018 | |
| Since the end of October, when the last heat wave moved though California, SoCal Citygate pricing has gotten all the attention as it started to separate from the rest of the West trading hubs such as PGAE Citygate and SoCal Border. In fact, the spread between the SoCal Citygate and SoCal Border widened immensely as pipeline constraints into SoCal's system were ... » read more | |
| Wednesday Jan 3, 2018 | |
| Here in Portland, homeowners have their electrical load served by either Portland General Electric (PGE) or Pacific Power & Light (PAC). There is no choosing which one serves you, as their service territories are physically set, so your electrical service provider is determined by where you live. I will admit up front that I have spent the majority of my ... » read more | |
| Tuesday Jan 2, 2018 | |
| We hope everyone had a nice holiday. It was a difficult time to stay away from the energy markets with so much going on with the fundamental picture. Heading into the New Year any forecasters were calling for a return to normal/above weather. But this has not panned out as expected. Since before Christmas, the actual temperature postings compared to forecast have been coming ... » read more | |
| Monday Jan 1, 2018 | |
| The California Independent System Operator (CAISO) launched the western energy imbalance market (EIM) on November 1st, 2014. As a quick reminder, the EIM utilizes the CAISO's advanced market systems, which take into account all load, generation, and transmission that have made themselves available, to automatically provide a least cost solution on a five minute ... » read more | |
| Friday Dec 29, 2017 | |
| Congratulations! You are reading the final EnergyGPS newsletter of 2017. Selecting today’s topic was a little overwhelming for me. So much has happened in 2017. There is still so much to say, and so little time to say it. I decided to take this in an informal direction today. We’ve all worked plenty hard this year. You are likely reading this because you are ... » read more | |
| Thursday Dec 28, 2017 | |
| SPP hit an all-time high for wind generation earlier this month with a record of 15.5 GW. This wind generation eclipsed the record of 13.1 GW previously seen in the SPP. Although the ISO nearly hit this record during the fall, over 1 GW was curtailed on a regular basis. What has changed since then, and how are they now able to actually generate this large amount of ... » read more | |
| Wednesday Dec 27, 2017 | |
| Starting in 2002, California's Senate Bill 1078 created a Renewable Portfolio Standard (RPS) which would dictate the percent of electricity load that would be served by renewable energy resources. There have been many Senate Bills since the initial 1078 that would increase the RPS targets for 2010, 2020, and 2030. In 2011 the 2020 RPS target was set at 33%. ... » read more | |
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