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Leonard Langlois, Meteorologist & Electricity Demand Forecaster
April 24, 2015
It is essential to have a grasp of the fundamentals underlying demand and weather forecasts in order to achieve an accurate preditction of power market prices. This blog will focus on daily demand cycles, or the drivers of intraday volatility, which can be successfully explained through the ...
Lauren Seliga, Product Manager, Power Real-Time & Laura Howlett, Installation Director, Power
April 23, 2015
March 27, 2015 marked the addition of the 500th plant on the Genscape Power Real-Time (RT) interface. To commemorate this historic occasion, some fun facts about other historic units in the history of Power RT are below. First Plant Icon on Power RT: Dayton Power and Light’s...
Hillary Stevenson, Manager, Supply Chain Network
April 21, 2015
Cushing storage increased by more than 1 mmbbls from April 10-14, 2015, pushing capacity utilization to 78 percent. This is the highest capacity utilization level Genscape has measured at the storage hub since 2011. Since that time, 27.5 mmbbls of storage capacity, 1.5 mmbpd of take-away pipeline...
Sam Johnson, Power Analyst
April 20, 2015
On Tuesday, April 14, WHUB locational marginal pricing averaged $71.70/MWh during the day’s on-peak period. This was significantly higher than expectations as the market had been trading below $40.00/MWh as late as 8:40 AM ET. The most significant and anomalous piece of this surprisingly...
Lauren Seliga, Product Manager, Real-Time Information
April 17, 2015
As of April 17, 2015, FirstEnergy will be shutting three of its largest coal-fired plants in Ohio: Lake Shore, East Lake, and Ashtabula. Combined, these plants represent 0.9 GW of coal-fired generation and signal the start of coal-fired plant closures across the Midwest. These closures are expected in part...
Steffen Mueller, Senior Director, Product Development, Ag & Biofuels
April 08, 2015
When Genscape began to interview members of the fertilizer industry to measure interest in a facility-level monitoring product, we were assured by many that "everyone knows when a plant is down because they have to report it." In reviewing our historical data, however, evidence of shutdowns not...
Christopher Jylkka, Director, West Desk, Power Market Intelligence
April 07, 2015
California is well into its fourth year of a severe and prolonged drought, and Governor Brown just issued the state’s first mandatory water cutback. The State Department of Water Resources electronic readings of the Sierra Nevada snowpack show the lowest records since 1950. The water from snowpack...
April 03, 2015
Understanding the evolving and complex dynamics between production, storage, and demand for natural gas in the U.S. is key when it comes to assessing risk and making informed hedging decisions. On March 25, Genscape’s natural gas market experts hosted a webinar to discuss these major market drivers...
Joshua Senechal, Meteorologist
March 31, 2015
While the Polar Vortex did not make a return this past winter, bouts of extreme cold plagued central and eastern portions of the United States for a second consecutive winter. These blasts of Arctic cold were absent during the month of December, where above normal temperatures were widespread. However,...
Christopher Jylkka, Director, West Desk, Power Market Intelligence
March 31, 2015
Most market participants are aware of the California drought problem, but the reality is that adjacent states are also suffering the same fate. A couple weeks ago, Oregon Governor, Kate Brown declared a drought emergency across a couple of counties with more expected to follow. Oregon is second to...

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