Featured Articles
| Wednesday Oct 28, 2015 | |
| In the Pacific Northwest, people have been living off of borrowed time as the weather has been beautiful all Fall. Over the last few weeks, the overnight lows started to dip down to where the morning and evening ramp periods have shown an increase in demand. Figure 1 | BPA Load Profile - Hourly On the supply side, wind has been off and on since the middle of the month with Monday sitting in between 2,000 - 3,000 MW on any given hour. As you can see in the graph above, the wind quickly shifted down yesterday and should be somewhat low today. To keep ... » read more | |
| Tuesday Oct 27, 2015 | |
| The weather forecasts continue to show a warmer than normal start to November. For example, looking at the Res/Com BCF equivalent to the forecasted HDD/CDD's across the country, the first 9 days of November are adding up to 159 BCF whereas last year during the same time period was more in the ballpark of 245 total BCF (which is closer to normal). The 86 BCF delta divided by the 9 days in the period, makes the grid roughly 9.5 BCF longer per day. If this pattern holds true for another 10 day period, we could be looking at a 180 BCF delta year on year for ... » read more | |
| Monday Oct 26, 2015 | |
| As it rained here in the Pacific Northwest on Sunday, all eyes continue to be on the weather pattern forming across the country for the month of November. As we left for the weekend, a warmer start to November was being priced into the market as the prompt month ended the day on Friday just over $2.28. Such a close was $0.17 lower compared to where it started the week out and sliced right through a somewhat bullish EIA number on Thursday. As of Sunday morning, any white area to slightly blue (moderate to slightly cooler) across the Northeast corridor was ... » read more | |
| Friday Oct 23, 2015 | |
| Over the years in the NFL, video replay has been implemented and each team is allowed to challenge up to two plays prior to the last two minutes of each half and any touchdown score. During these two instances, every play is considered to be under review as the person sitting up in the control room is in constant communication with the officials on the field to let them know they are looking at the play. Some challenges are a no-brainer as it is obvious after seeing the play again that the runner was down by contact or the receiver did not have two feet ... » read more | |
| Thursday Oct 22, 2015 | |
| Prior to the open yesterday, the Nymex forward curve was down $0.04, which put it right back to where it was after last week's EIA storage number of 100 BCF injection. As the cash market started to trade lower, the front months continued to shift down as the November contract dropped below $2.40. All this was despite the fact that over the past couple of days, the overall production numbers in Marcellus, Rockies and Midcon dropped 1.5 BCF in aggregate. The former was the biggest culprit dropping over .9 BCF, which we believe is due to some maintenance on ... » read more | |
| Wednesday Oct 21, 2015 | |
| Monday's initial STP data release showed little change to the previous run (10/13). Figure 1 | STP Run on Run Comparison - 10/20 vs 10/13 Later yesterday afternoon, another set of data was released that actually pushed the most recent run's flows lower starting in November and extending out into January. Figure 2 | Latest STP Run (for the 20th) on Run Comparison - 10/20 vs 10/13 As you can see in Figure 2, the November numbers shifted down roughly 300 MWa while the December monthly average came in 570 MWa lower mid-month and over 800 MWa by the end of the month. » read more | |
| Tuesday Oct 20, 2015 | |
| Here is an update to a newsletter we sent out last week regarding ERCOT's load and wind profile. This past weekend saw load shift down as temperatures across the state were cooler than the previous week. Figure 1 | ERCOT Supply/Demand - Daily As you can see in Figure 1, not only did the load shift down but the wind generation started to pick up last week Thursday and continue on through the weekend. The net impact of both the load dropping and wind increasing was substantial, especially in the evening ramp. Figure 2 | ERCOT Net Load Profile - Hourly ... » read more | |
| Monday Oct 19, 2015 | |
| Portrait of Sabartes, Pablo Picasso 1933 http://www.pablopicasso.org/portrait-of-sabartes.jsp#prettyPhoto What do you get when you cross Pacificorp and the California ISO? PaCAISO!! And like the real artist from Spain, PaCAISO has entered a surrealist period. For those of you not closely following the development of energy imbalance markets (EIM) in the west, the CAISO is in the process of folding surrounding utilities into its EIM. Joining an EIM is a light version of an ISO, where you participate in centralized real-time dispatch but ... » read more | |
| Friday Oct 16, 2015 | |
| As we crossed the midpoint mark of October, a couple of things are going on in Texas worth mentioning. First, the overall load profile shifted up slightly this past week, but is looking to drop back down over the weekend and into next week as temperatures across the state look to average in the low/mid 70's. Figure 1 | ERCOT Load Profile - Hourly Second, when you layer in the fact that wind has started to pick up over the past two days, the net demand has dropped considerably. Figure 2 | Net ERCOT Load - Wind As you can see in Figure 2, the big drop of ... » read more | |
| Thursday Oct 15, 2015 | |
| Over the past three days, the weather has been nice during the shorter daylight hours in the Pacific Northwest as Portland's highs are in the low/mid 70's. It is the nighttime temperatures that are starting to show their hand to increased demand across the early morning hours as well as the ramps. This leads to the overall hourly load to shift into the double hump (winter) profile. Figure 1 | BPA Actual Load - Hourly This is leading to the morning ramp hours to be more of a premium, hence why the Midc heavy load is slightly strong over the past two days ... » read more | |
View more [
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50
51
52
53
54
55
56
57
58
59
60
61
62
63
64
65
66
67
68
69
70
71
72
73
74
75
76
77
78
79
80
81
82
83
84
85
86
87
88
89
90
91
92
93
94
95
96
97
98
99
100
101
102
103
104
105
106
107
108
109
110
111
112
113
114
115
116
117
118
119
120
121
122
123
124
125
126
127
128
129
130
131
132 133
134
135
136
137
138
139
140
141
142
143
]