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| Monday Dec 7, 2015 | |
| As it usually does in the Fall and Winter, the NFL Ticket becomes the weather channel for me as I flip through the games to see who is winning but also what the fans are wearing this time of year. As I moved through the early games I could not help but notice most of the players on the East coast were still wearing short sleeves while some fans were not wearing any type of coat and/or head gear such as a hat and or ear warmers. In the Midwest, it was more of the same as the Seattle Seahawks might as well been playing in Miami as the weather in Minneapolis ... » read more | |
| Friday Dec 4, 2015 | |
| If you stayed up last night to watch the end of the Packer-Lions football game you were not disappointed in an exciting finish regardless who you were rooting for. With no time left on the clock (literally since there was a defensive facemask call on the last play to give the Packers one more play) and the ball on the Packers own 40 yard line, Aaron Rodgers and the Packers had only one option. Yes, the hail mary pass. Once the ball was snapped, Rodgers scrambled around a bit while his receivers ran straight down the field to the end zone, one he got ... » read more | |
| Thursday Dec 3, 2015 | |
| Prior to the holiday weekend, the wind across the West and Texas was blowing like crazy and the overall generation was hitting new peak output in some areas. For example, up in the Pacific Northwest, BPA's system topped the 3.8 GW mark prior to the Thanksgiving holiday. Figure 1 | BPA Wind and Load Profile - Hourly Since that time, the wind generation in the area barely has had a pulse with the last two days showing a little life. The good news is the forecast is calling for the next set of storms to move through the Columbia River Gorge and the wind ... » read more | |
| Wednesday Dec 2, 2015 | |
| As we came out of the long holiday weekend and began trading for the first day of December, Midc's heavy load took a turn to the upside as it went from trading in the mid $20's to indexing at $32.65. Such an increase pushed the SP15-Midc heavy load spread to a mere $0.56. At this level, MW's that usually flow down into California via the AC intertie are told to stay at home. Figure 1 | PACI Day-Ahead Flows - Hourly Part of this run up at the Midc was due to the Centralia unit going offline over Thanksgiving and not coming back by December 1st. » read more | |
| Tuesday Dec 1, 2015 | |
| On November 26th, 2015 Caiso posted an transmission derate notice for Palo Verde starting today HE 8 and lasting through December 11th, 2015 HE 16. Figure 1 | CAISO Derate Posting - Palo Verde We mentioned the derate prior to the day-ahead market trading yesterday morning. As you can see, the derated capacity was dropping by 1,800 MW starting HE 8 and lasting the rest of the day. This was going to cause some problems on the CAISO side during the evening ramp hours as every MW is needed to help keep the implied heat rates somewhat reasonable. » read more | |
| Monday Nov 30, 2015 | |
| As we all get back to work after the long Thanksgiving weekend, there are a could couple of key elements that will be the focus now that December is upon us. The first is the weather of course, where the longer term (11-15 day) is showing above normal temperatures across the country. This led to the new prompt month contract (January 2016) to shift down $0.08 last Friday to put its close right at the level the December contract rolled off at. Figure 1 | NOAA 8-14 day Forecast If this sticks around, the front months will have no choice but to drive lower ... » read more | |
| Wednesday Nov 25, 2015 | |
| Approximately 50 million turkeys will be consumed this week as we approach the Thanksgiving holidays. The average size turkey is approximately 15 pounds, and using Butterballs suggested cooking time, it would take 5 hours in the oven. An electric oven would consume 2kwh for every hour in the oven. So a whole turkey would take 10kwh multiplied by 50 million turkeys… that’s a lot of energy usage! (see Figure 1) Unfortunately not everyone uses an electric oven as many homes use other fuels including natural gas, propane, and wood. ... » read more | |
| Monday Nov 23, 2015 | |
| In our first COI newsletter we discussed the history of COI. In our second COI newsletter we estimated the value of flows on COI. This newsletter examines how the value of COI is distrusted north and south of COB. In our research we came across the cartoon above, by Carl Bonelli, which was published in the Oregon Journal on June 30th, 1964. At that time they were debating whether to build the COI, how to fund it, and how the benefits should be distributed. The debate then was largely the same as it is today – increased ... » read more | |
| Friday Nov 20, 2015 | |
| In a recent EnergyGPS Newsletter we provided a brief history of the California Oregon Intertie (COI), also known as “The AC” or “Paci” or Path 66. As the CAISO expands its footprint into the Northwest via the Energy Imbalance Market (EIM), the use and related value of the COI may change. And everyone involved in commerce using the COI wants to make sure that they keep their “fair” share of value and make sure that they get paid for the resources they bring to the market. This Newsletter presents data related to the ... » read more | |
| Thursday Nov 19, 2015 | |
| This is the first in a series of three newsletters related to the COI. One of the most important assets in the western electricity markets is the intertie connecting the Pacific Northwest’s Lower Columbia River system to Northern California. The 4800 MW line, known as the California Oregon Intertie (COI), consists of three jointly owned 500 kV AC lines from Oregon to northern California which together are recognized as Path 66. These lines come together at the Malin and Captain Jack substations located in southern Oregon – collectively these ... » read more | |