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October 17, 2018
Genscape recently added monitors on our first solar farm in the Electric Reliability Council of Texas (ERCOT) market in October 2018. Our monitoring of SolaireHolman is a milestone, marking the first time that market participants will be able to see real-time utility-scale solar output in ERCOT on both...
October 15, 2018
In this blog series, we’ve covered the most important considerations of rate setting. Once all of these considerations are appropriately accounted for, customer enrollment kicks in. The two most common customer acquisition strategies that Retail Energy Providers (REPs) should employ during this process...
October 12, 2018
Gasoline demand increased in the Florida Panhandle, southern Georgia, and South Carolina ahead of Hurricane Michael’s arrival to the areas, but repercussions to demand appeared to focus on rack cities in the direct path of the storm, according to our Supply Side daily rack volume data. The increased...
October 11, 2018
As of 30 September 2018, the common bidding zone of Germany-Luxembourg-Austria of the EPEX SPOT was divided, with Germany-Luxembourg on the one hand and Austria on the other.
Instead of unlimited cross-border flows between Germany (DE) and Austria (AT), there is now a at least 4.9 gigawatts (GW) of...
October 09, 2018
Hurricane Michael, officially upgraded from a Tropical Storm to a Hurricane late yesterday morning, continues to barrel toward the southeast U.S. and is expected to make landfall in the Florida Panhandle by tomorrow (Wednesday, October 10) as a Category 3. While supply-side impacts for the natural gas market...
October 09, 2018
Japan experienced a record-breaking heatwave in July 2018, spiking wholesale power prices across the grid. The monthly average temperature and the total solar irradiation were the highest in the region since measurements began in 1946. The JEPX Day-Ahead (DA) spot market daytime maximum prices steadily...
October 04, 2018
In this blog series, we’ve already discussed a variety of the costs and risks to account for in a retail pricing model. Here, we focus on how important it is for Retail Energy Providers (REPs) to account for these costs while setting volumetric rates for fixed-rate customers. The effects of an account...
October 04, 2018
On October 3, 2018, we received confirmation that the in-service date for two new Mexican pipelines is delayed. These delays change our forecast for Mexican supply, leading to higher-than-expected LNG imports and lower-than-forecast U.S. pipeline exports to Mexico. In particular, the delay will have a...
September 26, 2018
During Summer 2018, Germany witnessed another season of increased renewable power generation. German solar output was at 34 terawatt-hours (TWh), up 5 TWh or 17 percent compared to last summer. German wind output, while still below the market’s Summer 2017 average, will surpass it by 1.5 TWh or 4...
September 26, 2018
The Midcontinent Independent System Operator (MISO) declared a state of emergency on September 15, 2018, as price spikes rocked the market. Hot temperatures and a series of increasingly large demand underestimates contributed to the event. This bears a striking resemblance to the volatility seen in September...