Featured Articles
Friday Jul 14, 2017 | |
We are nearly at the midway point of the month and have seen quite a bit of action in California as temperatures across the West have trended above normal. Despite the heat, the DA cleared demand is virtually flat compared to last year. Figure 1 | Average Hourly CAISO DA Load - July 2017 vs 2016 HL ... » read more | |
Thursday Jul 13, 2017 | |
Over the past few days, the CAISO day-ahead auction has been showing some congestion within its footprint. Such constraints have been having an impact on the external nodes as both Malin and Sylmar have shifted down quite a bit compared to SP15. Figure 1 | CAISO Day-Ahead Price/Heat Rate Breakdown for 7/13/2017 ... » read more | |
Wednesday Jul 12, 2017 | |
The above average heat in California over the last couple weeks combined with a decline in imports from the broiling DSW has been the primary focus in the market. The onset of summer has taken our attention away from what was previously a main focus in CAISO which is the sensationally strong hydro year. Looking at generation by fuel type over the last 5 days ... » read more | |
Tuesday Jul 11, 2017 | |
Earlier this spring, there was an unfortunate accident at one of the drilling sites for the new ETC Rover Pipeline. One of the drilling contractors spilled several milion gallons of waste water into a watershed in Stark County Ohio. FERC responded by putting a moratorium on drilling until clean up has been completed and a reassurance that the work can be completed safely. » read more | |
Monday Jul 10, 2017 | |
My weekend was filled with a local soccer tournament as both my son and daughter were playing from Friday afternoon to Sunday evening. Each day was filled with exciting matches as my daughter's girls 2006 squad played some of the best teams in the Portland Metro area. My son's 2004 squad played up a year and let me tell you what a different in size 12-16 months ... » read more | |
Friday Jul 7, 2017 | |
EnergyGPS’ consulting practice does a lot of long term modeling and valuation work. We help people estimate what energy assets will be worth in the future. A lot of this work relates to renewable assets. Perhaps the two most common questions we receive are: (1) can day-ahead prices really go negative? and (2) how deeply negative can they go? Experience in California ... » read more | |
Thursday Jul 6, 2017 | |
If you were around the waterfront in Portland, OR over the 4th of July you would have been exposed to the annual Blues Music Festival, fireworks and clear blue skies as temperatures started to warm up with highs in the low 80's. At the end of Salmon Street downtown, by the Willamette River, the children were doing their version of the Sun Dance as they played in ... » read more | |
Wednesday Jul 5, 2017 | |
Over the past 6 months, the Pacific Northwest has experienced one of the top six wettest winters on record and the hydro generation output has definitely been evident to that through most of June. Figure 1 | Pacific Northwest Hydro Generation - Flat Daily Average ... » read more | |
Friday Jun 30, 2017 | |
Happy 4th of July weekend! Hopefully people get an opportunity to get a little break and enjoy some time with family and friends. In the spirit of the upcoming long weekend of leisure, we bring to you an update on a leisure activity that I’m passionate about. Once a year I get together with ... » read more | |
Thursday Jun 29, 2017 | |
At the beginning of the month, we stated that the wind generation in ERCOT's foot print was quite high compared to last year when you look at it from a capacity factor level. We understand that the overall growth in wind capacity on the grid is there, but when the capacity factor increases as well there is a change to the market that is being cause by more efficient ... » read more |