Featured Articles
Thursday Oct 12, 2017 | |
As PJM continues to ramp up its gas capacity, coal to gas switching has become more elastic. Figure 1 displays the coal to gas switching ratios of 2016 and 2017. The X axis shows the price of Appalachian coal in dollars per mmbtu divided by the price of TETCO M3 gas compared to the percent of gas in the total coal and gas in real time generation. The additional 3 GW of ... » read more | |
Wednesday Oct 11, 2017 | |
Along the US/Canadian border there are multiple high voltage power lines which allow for power exchanges between the two countries. Some of the largest ties run from Quebec into NY (HQ) and New England (Phase I/II) which combine to provide 3,500 MWs of transfer capacity. Typically, the power flows south over the border as the primarily hydro based power ... » read more | |
Tuesday Oct 10, 2017 | |
Being a Green Bay Packer fan and owning a business in the energy sector, the two things I watch this time of year is the National Football League (NFL) North match-ups and the weather across all of North America. The former has the Packers on top of the division with a 4-1 record as they beat the Dallas Cowboys on last second touchdown pass by Aaron Rodgers to DaVante ... » read more | |
Monday Oct 9, 2017 | |
As we entered into the weekend, the tropical storm (Nate) was quickly turning into a Category 1 hurricane which was headed to the mainland somewhere between Louisiana and Alabama. As of Saturday morning, the latest track had it making landfall late Saturday evening just southeast of New Orleans. Figure 1 | Hurricane Nate's Track ... » read more | |
Friday Oct 6, 2017 | |
The Desert Southwest is an interesting region these days as the price for power is right up there with the likes of both NP/SP15 bilateral prices. In fact, for the two day weekend package the Palo Verde on-peak price indexed over both California trading hubs. This is all happening during a time the daily temperatures are moderate in Phoenix, Las Vegas and other ... » read more | |
Thursday Oct 5, 2017 | |
California has been known for their large amount of solar capacity, but Texas has been building its solar arsenal. Over the course of the last 18 months, solar capacity in ERCOT has gone from 212 MW to 1000 MW with an increase of over 500 MW since the start of 2017 (see figure 1). This currently puts ERCOT in second place for utility scaled solar capacity amongst the ISOs. » read more | |
Wednesday Oct 4, 2017 | |
Coming out of the weekend, there was a force majeure notification at Topack/Needles heading into Southern California. As it turns out, there was an explosion at Newberry Springs (Line 235-2 - local news article from The Sun) reducing the Needles/Topock capacities to zero. Figure 1 | ... » read more | |
Tuesday Oct 3, 2017 | |
Over the apst two month there has been a large shift in the Northeast natural gas cash markets in relationship to the benchmark Henry Hub. At the beginning of the summer, most forecasts had the Northeast gas price relationships to the Henry Hub much stronger than where they ended up liquidating. A number of factors have played out in the market including ... » read more | |
Monday Oct 2, 2017 | |
As of yesterday, October 1st 2017, Portland General Electric (PGE) is officially apart of CAISO's Energy Imbalance Market (EIM). This entails many items, but the first one I took a look at was the transfer capacity between the CAISO and PGE's system as it will be another tentacle that will allow megawatts to move out of the CAISO land and up into the Pacific Northwest ... » read more | |
Friday Sep 29, 2017 | |
I learned a lot of really useful stuff in graduate school. I really did. One of my favorite classes was Advanced Micro-Economic Theory taught by Professor Lee Friedman. We covered a lot of ground in that class. There were a lot of graphs and formulas. Some of it was pretty dry stuff. One of the most memorable things that I learned in that class was a definition of an ... » read more |