CAISO This Month: Transmission Outages and Bearish Prices
For much of March, the California Independent System Operator (CAISO) experienced significant fluctuations in power prices due to congestion, transmission outages and bearish pricing trends in SP-15. My team used Panorama to better understand and the Power Market Publications in Mosaic to explain the wholesale power market trends going on this month to our customers.
Data Center Demand | Framing the Frenzy
One of the most common and important questions for the power sector today is what impact artificial intelligence and the data centers needed to generate it will have on energy consumption.
Taming midstream costs: Refined expense accruals
Midstream is caught between a rock and a hard place. On one hand, gathering and pipeline operators, processors, storage and energy marketers face abundant opportunities and challenges when meeting customer demand.
Gas players approach weak pricing with operational flexibility
Natural gas prices are setting up E&P companies operating in gas plays for a challenging 2024, maybe more challenging than they expected. On March 20, the 12-month strip settled at $2.71/MMBtu, down from more than $3.00/MMBtu when the year started, and the front-month settled at $1.70/MMBtu. The warm winter and growing associated gas production have pushed gas storage volumes 41% above the five-year average and 21% higher than this time last year, at 2.33 Tcf as of March 15.
Improving injection studies with ATC
Available transfer capacity (ATC) refers to the remaining power transfer capability within a transmission network. It represents the maximum amount of power that can be transmitted over a transmission line without compromising grid reliability and stability.
The Geography of Geothermal LCOEs
Geothermal energy in the U.S. is gaining ground, thanks to initiatives like the Enhanced Geothermal Shot which aims to reduce Enhanced Geothermal Systems (EGS) costs 90% to $45/MWh by 2035.
U.S. rig day rates slip as January hopes turn to February blues
Day rates in the U.S. can’t seem to make up their mind, and neither can drilling contractors. All of the Enverus Day Rate Survey’s seven regions saw rig rates decline sequentially in February, for the first time since October.
What happens when GenAI makes everyone a power user?
That’s right – the Instant Analyst technology that we announced just two weeks ago is coming to PRISM. The Intelligence Vault already has Instant Analyst features enabled for a group of trial customers, helping them get faster answers to complex questions using our vast research library as its knowledge base. Very soon, PRISM will also be added to that knowledge base.
Energy Transition Today | U.S. Emissions Stocktake
As the world debated the complexities of achieving net zero at last year’s COP28, regulatory pressures continued to increase in the U.S as the EPA announced its final Quad O rules aimed at sharply reducing methane emissions.
Finding Common Ground: Solar Projects Near O&G Operations
As solar generation continues to dominate the renewable energy industry, siting projects is becoming increasingly difficult.