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| Thursday May 25, 2017 | |
| Earlier in the week, areas around Portland topped the 90 degree mark as a mini heat wave moved through the region. This was long overdue as the entire spring seemed to give us below normal temperatures and plenty of precipitation. In fact, the 48 hour stretch of nice weather was just enough time for the natives to complain that is was actually too hot. » read more | |
| Wednesday May 24, 2017 | |
| Since May 5th we have continued to see Zone A congestion over the majority of the on-peak hours. The sudden resurgence of Zone A congestion was likely the result of NYISO switching from winter to summer thermal ratings for transmission ties in the Niagara/Buffalo region. Figure 1 | Niagara - Packard vs Packard ... » read more | |
| Tuesday May 23, 2017 | |
| Each day we are tasked with balancing the different supply and demand components across the Lower 48 in an effort to track the storage activity. It is a monumental task that utilizes an enormous amount of data from pipelines and storage operators. One of the components we compile data for is tied to the amount of gas that gets imported from Canada. We break the pipeline ... » read more | |
| Monday May 22, 2017 | |
| Now that we are in the back half of May and June is right around the corner, the power loads are going to come into play across the Lower 48. This will directly tie into the power burn component of the Natural Gas supply/demand balance. In recent years, the influx of Renewables across the country has made us look at the power burns from a net load perspective. » read more | |
| Friday May 19, 2017 | |
| On May 1st the CAISO published a report entitled "Flexible Resource Adequacy Criteria and Must Offer Obligations -- Phase 2. Revised Straw Proposal -- Short Term Solutions." The title alone can put the reader to sleep. Despite the dry title and ... » read more | |
| Thursday May 18, 2017 | |
| If you have been tracking the weather in the Pacific Northwest this spring, it would not surprise you that there is plenty of snowpack still left up in the mountains as we head into the last half of May. The reason for all this snowpack is tied to the below normal temperatures we have been having as well as plenty of precipitation in a month that is suppose to bring us ... » read more | |
| Wednesday May 17, 2017 | |
| As the renewable story continues to unfold in CAISO, we have been closely watching the balance between over-generation and negative prices this spring. The CAISO Curtailments dashboard is an invaluable tool as it shows how much renewable generation is getting curtailed due to over supply in the RT. The report breaks the MWs out by wind or solar, but also indicates ... » read more | |
| Tuesday May 16, 2017 | |
| Starting today, the eastern half of the United States will see its first taste of hot weather. From Chicago over to the I-95 corridor and down to the Southeast, daytime highs will move up 8-15 degrees above normal. Overnight lows across the Midwest and East are moving up to the low 70's which will bring cooling demand around the clock. From today into Thursday, the PJM ... » read more | |
| Monday May 15, 2017 | |
| Entering the weekend, all the stars were aligned for renewable curtailments to exist. The first element is tied to the load schedules shifting down with cooler temperatures as well as it being a Saturday and Sunday profile. Figure 1 | CAISO Load Day-Ahead Schedules - Hourly ... » read more | |
| Friday May 12, 2017 | |
| Word broke this week that Calpine is actively looking for a buyer. The Wall Street Journal provided the following summary of the situation: “The Houston company, which owns 80 power plants and has a so-called enterprise value of more than $16 billion, is working with investment bankers at Lazard to sound out possible buyers ... » read more | |