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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
Tuesday Jul 25, 2017   
Yesterday, FERC posted a Cease and Desist Order from the West Virginia Department of Enrironmental Protection (WVDEP) stating that Rover must stop progress on pipeline construction until all regulations are met with regard to safe working practices. In the order they cite several issues. Almost all of them are related to waste management and worksite containment practices. » read more
Monday Jul 24, 2017   
The California Public Utilities Commission did somehting incredible this week. They defied public and political opinion, listened to the expert testimony of SoCal Gas and the California Department of Conservation - Department of Oil, Gas and Geothermal Resources (DOGGR) and declared that Aliso Canyon open for business once again after nearly 21 months of being shut down. » read more
Friday Jul 21, 2017   
As many readers know, I am a big fan of the work of Vaclav Smil. He is one of the best thinkers and writers in the energy space. He has the rare combination of intellect, creativity, numerical competence, clear writing style, and relevance. He is a prolific writer. This year he has published an update to a book originally published in 2006, a new book, and the JPMorgan ... » read more
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