Wholesale Power Prices in 2017 Were Stable in the East, But Increased in Texas, California
This is a topic that does not get a lot of press, but should. We take electricity for granted, but society will collapse without electricity for more than a few days. No medicine, no gasoline, no food, etc. Utilities and government need to band together and protect the grid. Click here to read article
Week 26 of Injection Season saw a similar build to the previous week, further eroding the historical surplus. Today, the EIA reported a net inflow of 49 Bcf, which is just over 10% lower than market predictions of a 56 Bcf build and exactly half that of the 98 Bcf injected this time last year. Much of the West is beginning to see a significant break from the heat heading into October, indicating some relief […]
Platts points out that the forecast peak demand this fall of 54,437 MW is an increase of more than 9% over last year’s fall peak load estimates of almost 50,000 MW. http://www.utilitydive.com/news/ercot-texas-grid-has-enough-supply-to-serve-95-demand-increase/425738/
Quite often when people ask me what I do for a living and in the course of the conversation I often get asked “how does electricity work?”. It is a fair question and not easy to answer in 30 seconds. I came across an article earlier this year that gives a solid primer on how the energy markets work including explaining ISO/RTO’s, generation, demand, etc. I highly suggest taking a moment to read this article.
Does your company have a sustainability program? Are you customers interested or concerned about the environment? Are you looking for a way to give your marketing department differentiation from the competition? Is your company forward thinking and want to help transition from fossil fuels to renewables? Renewable energy is the future, kicking coal and fossil fuels to the curb. There are an infinite number of articles on the internet that one can acquire vertigo from […]