Featured Articles
| Thursday Apr 14, 2016 | |
| In the energy industry there is terminology that makes a lot of sense, like on-peak and off-peak when you are talking about a load profile as the highest demand usually come during the daylight hours between HE 7 and HE 22 and the lower demand hours are when businesses are closed and people are getting ready for bed and/or sleeping. When it comes to price, I am still not sure how the West has created its own unique set of on-peak days (Monday - Saturday) between HE 7 and 22 whereas the off-peak days are HE 1-6, 23-24 Monday - Saturday and all day Sunday. If you ... » read more | |
| Wednesday Apr 13, 2016 | |
| Baseload supply in the Northeast continued its decline this weekend as NY lost another Nuclear facility. To recap, both NYISO and ISONE were without a major nuclear facility due to a scheduled refueling at Millstone 3 and a maintenance extension at Indian Point 2. On Sunday Nine Mile 2 joined the outage ranks as the unit came down for refueling. The loss of the unit drove up the thermal demand by 1200 MWs in NYISO. Figure 1| NYISO Fundamentals Dashboard - Day Ahead On-peak Average The loss of Nine Mile nuclear ... » read more | |
| Tuesday Apr 12, 2016 | |
| Back in October of last year, the Aliso Canyon storage facility experienced a natural gas leak that led to the evacuation of nearly 3000 residents from the Porters Ranch community adjacent to the storage field. Governor Brown called a state of emergency and the largest gas storage facility in Southern California was shut down until a solution could be found. The loss of the Aliso Canyon storage facility in the SoCal Gas system has become a serious reliability concern for gas delivery during the peak consumption months. Aliso Canyon, being the largest storage facility ... » read more | |
| Monday Apr 11, 2016 | |
| With the warmer weather moving through the Pacific Northwest last week, the Northwest River Forecast Center (NWRFC) started to increase the overall flows on both the Snake and Columbia River tributaries to where this week is showing the former flowing over triple digits by mid-week while the latter has Grand Coulee jumping up to 150 kcfs by Wednesday. Figure 1 | EnergyGPS 10 Day Hydro Generation and Flows Putting both of these together takes the McNary flows from averaging around 240 kcfs last Friday up to 293 kcfs on the 12th and 307 kcfs by the 13th. At these ... » read more | |
| Friday Apr 8, 2016 | |
| Will the California duck fly to Texas sometime soon? Despite the fact that ERCOT and the CAISO have very different approaches to designing and operating electricity markets, the markets have ended up with the highest concentration of renewables in North America. What happens in one market can foreshadow what may happen in the other. Texas has led the charge in wind development. California has led the charge in solar development. With declining solar panel prices and a tremendous solar resource in Texas, the busbar price for solar projects in Texas keeps ... » read more | |
| Thursday Apr 7, 2016 | |
| California has been breaking records when it comes to temperatures for this time of year over the past couple of days. This has been reflected in the overall load profiles across all of the load serving entities. Figure 1 | CAISO Peak Load - Actual and Forecast With the heat comes the lack of wind across the state as well. As you can see in Figure 2 below, the overall wind output has been down across both regions over the past couple of days. Figure 2 | CAISO Wind Generation - Actual/Forecast You can see that the wind picks up in the North today, while ... » read more | |
| Wednesday Apr 6, 2016 | |
| Monther Nature played a good April Fools joke on the Northeast as April (1st) started out with warm weather and some tranquility. How different a weekend makes as Spring has been put on hold in the Northeast as the first full week of April has brought freezing temperatures and snowfall to many parts of New England. Such weather has caused an increase in the overall res/com demand and has wreaked havoc on the current state of the power system in the Northeast. Some of this is due the derate at Stony Point on the Algonquin gas pipeline. The scheduled ... » read more | |
| Tuesday Apr 5, 2016 | |
| Over the past few years April has not only been the start of injection season but also the start of summer coal capacity retirements. Last spring almost 13 GW's of coal capacity was retired in favor of new renewable or combined cycle generation. Power burns responded by growing over 2 BCF per day in Q2 2015 alone. There is another round of coal retirements planned this April as well. This is a different year. We do not expect to see any increased power burns this April associated with the shut down of the 4000 MW's of coal capacity listed in Figure 1. Figure 1 | April ... » read more | |
| Monday Apr 4, 2016 | |
| Early last week, the office threw out a 74 degree high choice market at the Portland International Airport (KPDX). The stipulation was that the gauge has to top that mark sometime between Wednesday and Friday last week. As we ended up watching the hourly reading, Wednesday reached 73 degrees where Thursday sat right at the mark. By Friday, a little cloud cover was expected to move in, but towards the end of the day, we saw the 75 degree mark intra-hour. This just gives you an indication that the Pacific Northwest has turned the corner to Spring now that we are ... » read more | |
| Friday Apr 1, 2016 | |
| In a highly contested decision, the Public Utilities Commission of Ohio ruled in favor of First Energy and American Electric Power to subsidize the operation of seven coal plants and one nuclear power plant in the name of grid reliability. The ruling was released earlier today and guarantees a rate of return for the following power plants within the state of Ohio: Figure 1 | Ohio Power Plants Covered Under the March 31, 2016 PUCO Ruling As you can see in Figure 1, the BCF equivalent gas displacement to this ruling is just under 1.4 BCF/d (the coal plants listed ... » read more | |