Energy Solutions - Research, Trading and Management  Call Us | Contact Us Client Login
Featured Articles
Thursday Nov 3, 2016   
The month of October has come and gone, but its memories continue to be everlasting as the hydro system is pushing out megawatts like it has an unlimited supply of Halloween candy.  This is because the average rainfall in Portland for October is 3 inches.  By Monday night, we surpassed the 1994 record of 8.41 inches at the Portland airport as the month ended up just shy of 9.0 inches.  The 9.0 inches of rain is comparable to getting another November or December month thrown into the mix.  In fact, 28 out of the 31 days has a measurable amount of ... » read more
Wednesday Nov 2, 2016   
Since April of this year a series of maintenance outages on the Algonquin System has limited flows through Stony Point.  The derates limited flows from the Marcellus production area, increasing dependence on imports from Canada to balance the pipeline on strong demand days. The maintenance was apart of the Algonquin Incremental Market (AIM) expansion project.  AIM will increase capacity through the Algonquin system allowing .34 BCF of additional flows from the Marcellus reach customers in Connecticut and Mass.  The maintenance was scheduled to end ... » read more
Tuesday Nov 1, 2016   
In this newsletter we evaluate the wisdom of the California Air Resource Board’s recent proposals to modify the Energy Imbalance Market (EIM) rules to stop out-of-state carbon emissions from leaking into California via the EIM. A good newsletter title pulls themes together in a succinct, informative, and sometimes humorous way. We considered a variety of titles for this newsletter, before settling on a suite of titles, each one relevant in its own way. Penny wise and pound foolish. (1) Can’t see the forest for the trees. (2) Measure with a micrometer ... » read more
Monday Oct 31, 2016   
Happy Halloween!!  It is that time of year again when the bowls are filled with candy and the pumpkins are carved with lights flickering inside as you walk up to front of the door with the children to hear the words:  Trick or Treat!!!.  The smile on the persons face delivery the candy is precious awhile the little ones are thankful and ready to move onto the next house as their bag needs to get full so they can go home and eat a bunch of it prior to going to bed as the school looms the next morning. The sporting world has its own version of ... » read more
Friday Oct 28, 2016   
This week a notice from the California Public Utilities Commission to SoCal Gas was posted on the CPUC/AlisoCanyon website detailing the process and hurdles that need to be met before the facility will be approved for operation. The good news about the notice is that there is a clear path that SoCal can follow to resume injections at Aliso Canyon. The bad news is that the reporting requirement is onerous. While most of the data/information request would have already been compiled during the summer-long repair and inspection process, some of the equipment and tracking ... » read more
Thursday Oct 27, 2016   
This week we are seeing the slow transition from summer/fall temperatures into winter space heating in the Northeast part of the United States and Eastern Canada. As heating degree days start to accumulate across this area, residential and commercial natural gas demand will start to dominate the daily supply/ demand balancing.  Looking at some of the pipeline data scrapes this week we noticed several storage caverns starting to withdraw volumes for exactly this purpose. But noting we are still 6 days away from the start of the natural gas withdrawal season, we ... » read more
Wednesday Oct 26, 2016   
The first real cold front has moved into New England driving temperatures down across the region.  As a result we have seen a substantial increase in res/com demand and an appropriate reaction from the gas market with AGT settling well above Henry Hub thus far this week. In figure 1 below, we have charted the total res/com sendouts for the Algonquin pipeline on the Y-axis and the average Boston temperatures on the X-axis. The data includes all days in October – March for 2012- 2016. The orange dots represent the last 15 days and blue is historical data. » read more
Tuesday Oct 25, 2016   
Since October 3rd, 2016 we have seen .340 BCF of firm transport sign up with the last two weeks having the biggest impact. Figure 1 | TCPL Contracting from 10/3/2016 to 10/24/2016 The majority of the added firm transport is apart of a one-year strip from this October to October 2017.  As you can see in the table above, there was a transaction that extended out further (.0138 BCF), which was a three year deal.  We mention this due to the fact there has been talks about TCPL wanting to sign up 10 year deals, but we have yet to see any movement on that front ... » read more
Monday Oct 24, 2016   
Over the past 6 weeks, Texas weather has been coming in quite a bit above normal with the Houston metro area staring at highs in the 90's as late as this past Wednesday.  Thursday and Friday saw temperatures drop and the forecast is calling for highs in the mid 80's this week. Figure 1 | Houston Temperatures - Actual vs. Forecast This big drop in temperatures led to the net load in ERCOT to shift down, which then put downward pressure on the demand for natural gas used to generate power.  As a result, the  spread between Houston Ship Channel (HSC) and ... » read more
Friday Oct 21, 2016   
We have done a lot of analysis over the last couple of years related to the CAISO EIM and the possibility of expanding the CAISO into a regional organization. There are plenty of studies estimating the benefits associated with expanding the CAISO in some capacity. For the most part these studies show benefits for both the CAISO and the balancing authorities that opt to join the CAISO. While we don’t always agree with the modeling assumptions or the magnitude of the benefits in these studies, we generally think that centralized markets work better and are more ... » read more
View more [ 1  2  3  4  5  6  7  8  9  10  11  12  13  14  15  16  17  18  19  20  21  22  23  24  25  26  27  28  29  30  31  32  33  34  35  36  37  38  39  40  41  42  43  44  45  46  47  48  49  50  51  52  53  54  55  56  57  58  59  60  61  62  63  64  65  66  67  68  69  70  71  72  73  74  75  76  77  78  79 ]