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| Tuesday Aug 8, 2017 | |
| As anticipated by the growth in the natural gas rig count, we have seen a material climb in production volumes since the beginning of the injection season. April averaged 71.6 BCF of production and since then the total has climbed up to 73.1 BCF as of this past week. The growth has been led by the Utica and Marcellus formations with some contributions out of the South ... » read more | |
| Monday Aug 7, 2017 | |
| If your travels took you to the Pacific Northwest towards the end of the week, you would have walked into a daytime high north of 100 degrees. In fact, the airport temperatures were nearing record temperatures while the overnight lows were as high as 78 degrees in some places. This led to a massive price spike at the Midc in the bilateral market early in the week ... » read more | |
| Friday Aug 4, 2017 | |
| Do you know how hot it is in Portland? It is soooo hot in Portland that the hipsters have traded in the skinny jeans and flannel shirts for tank tops and tight shorts. Never a dull moment here in Rip City. For ... » read more | |
| Thursday Aug 3, 2017 | |
| We have all heard of Newton's third law of motion in our high school physics class: for every action there is an equal and opposite reaction. Another way of saying it is like this, "what goes up must come down". That is exactly what happened in the Western markets yesterday for today as the bilateral markets shifted back down below $100 across the board ... » read more | |
| Wednesday Aug 2, 2017 | |
| Those of us living on the West coast are running for cover this weak as a heat wave pounds the entire Pacific region. Portland specifically is bracing for record breaking conditions as daytime highs are expected to hit 107 degrees today and Thursday. After the extreme heat subsides, CDDs are expected to remain above normal across the Pacific region ... » read more | |
| Tuesday Aug 1, 2017 | |
| The West is where the action is at this week with Portland expected to break a record when it comes to its daytime high at the airport. For example, some forecasters are calling for highs to reach the 108-100 degree mark by Thursday with an overnight low of 73 degrees. Just for the record, the low for the day has been a typical daytime high throughout the cooler ... » read more | |
| Monday Jul 31, 2017 | |
| Lawrence Berkeley National Labs (LBNL) does some mighty fine research. Each year I look forward to reading a number of their reports. Sometimes I get a little behind in my reading – so it takes a few months for me to catch up with their publications. In March of 2017 LBNL published “Retail Rate Impacts of Renewable Electricity: Some First Thoughts.” This ... » read more | |
| Friday Jul 28, 2017 | |
| Battery storage has attracted considerable attention recently. The IEEE Power & Energy Society General Meeting in Chicago this month featured many-dozen papers and well-attended presentations on storage, most of them focused on battery storage specifically. One of the presenters, a long-time researcher in the field, commented that even just 5 years ago there ... » read more | |
| Thursday Jul 27, 2017 | |
| The line 'from sea to shining sea' is taken from the lyrics in the American the Beautiful. With the weather pattern in the Western region of the Lower 48 warming up, we could have kept the title of the newsletter the same as the lyrics in the song as Portland is expected to get up into the low 90's by early next week. Figure 1 | ... » read more | |
| Wednesday Jul 26, 2017 | |
| After experiencing a record number of wet days this winter, Portland has gone a little more than a month without any rainfall. While the dry and warm conditions in the PNW have made for a pleasant summer, we are starting to see the impact on the power market. Average daily hydro generation has declined nearly 6 GWa since the start of July. » read more | |
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