Electricity

ERC: Electricity Price Trends for the Week Ending June 26

Jim Moore

Short-Term Price Benchmark* Trends After two weeks of treading water, the average price benchmark for power dropped last week by 0.60 percent. Declining prices were lead by Connecticut, Texas, New York and Ohio. Exceptions to the generally downward shift in prices last week were Illinois (+4.54 percent), and to a lesser extent Maryland (+1.69 percent).   …Continue Reading


Illinois Commerce Commission: Design Elements of MISO Auction Need Re-examining

Cheryl Kaften

The Illinois Commerce Commission (ICC) approved comments on June 29, set to be filed with the Federal Energy Regulatory Commission (FERC) in three separate complaint cases regarding the Midcontinent Independent System Operator’s 2015-2016 Planning Resource Auction. The complaints were filed by the advocacy group Public Citizen, the Illinois Attorney General; and the Southwestern Electrical Cooperative,   …Continue Reading


ISO-NE Updates Real-Time Fuel Mix Chart

Cheryl Kaften

Last December, ISO New England, the operator of the region’s bulk power system and wholesale electricity markets, completed a multi-year transition to a new market system that allows generators to submit supply offers on an hourly basis – an enhancement that will help improve power system reliability. On June 29, ISO-NE announced that it had updated   …Continue Reading


Primary Energy Consumption Down Slightly in the UK, on Temp Adjusted Basis

Linda Hardesty

According to the UK Department of Energy and Climate Change’s latest provisional monthly energy statistics, covering the 3-month period February to April 2015, primary energy consumption in the UK on a fuel input basis rose by 3.9 percent, but on a temperature adjusted basis it fell by 0.7 percent. Indigenous energy production rose by 1.7 percent,   …Continue Reading


University Asks Students to Reduce Peak Electricity Costs

Linda Hardesty

The University of Georgia is asking its students and employees to help it save energy by turning off lights, turning up thermostats and shutting down computers during peak energy days this summer, reports Online Athens. The University buys its electricity from Georgia Power on a time-of-use pricing plan. Most of the time, the university pays   …Continue Reading


ERC: Electricity Price Trends for the Week Ending June 19

Jim Moore

Short-Term Price Benchmark* Trends The average price benchmark for power remained relatively unchanged last week in most states. This marks the second consecutive week in which power prices have trended flat. Both New Jersey (2.93 percent) and Texas (2.06 percent) posted notable increases, but most of the other states experienced very slight variation from prices   …Continue Reading


NGSA Calls for Gas Exports, Other Major Policies

Josh Kessler

The Natural Gas Supply Association (NGSA) sent letters to the House and Senate energy committee leaders on June 19 calling for three major policies to advance the interests of the US natural gas industry. According to its website, NGSA represents suppliers that produce and market natural gas. Dena Wiggins, president and CEO of NGSA, said   …Continue Reading


5 Trends Transforming the US Energy Sector

Josh Kessler

Sonia Aggarwal of research firm Energy Innovation posted on Utility Dive about five trends shaping energy markets today. Energy Innovation also curates the website for America’s Power Plan – a policy toolkit developed by over 150 energy professionals with the goal of promoting clean, affordable and reliable power. Regional Markets The western Energy Imbalance Market   …Continue Reading


Will Indiana Be the Next Competitive Energy Market?

Josh Kessler

A group of large-scale energy users in Indiana called the Indiana Industrial Energy Consumers (INDIEC) is pushing for the state to open up to retail energy competition, reports nwitimes.com. According to the INDIEC website, the group represents 31 companies that want to open up the competitive energy market in the state. The article notes that   …Continue Reading


Spring Natural Gas Consumption Soars in Eastern US

Josh Kessler

The Energy Information Administration (EIA) announced that there has been a major increase in eastern natural gas consumption this spring. According to EIA: Natural gas consumption in the eastern half of the country, particularly in the electric power sector (power burn), has been much higher this spring than in previous years, according to Bentek Energy   …Continue Reading