Market Monitor Blog
Your home for commercial electricity and natural gas market news—covering market factors like supply, demand, regulatory affairs, weather, and more.
ERCOT sets wind-power record
March winds brought a wind-power record of 10,296 megawatts to the ERCOT region, the Texas grid operator said. On the evening of Wednesday, March 26, wind generation provided nearly 29 percent of the 35,768 MW of electricity used on the grid. That beat the previous mark, set earlier in the month, by… Read more
Wind Generation In ERCOT Hits Highest Point Since 2013, But Gas Still Leads
Wind generation in ERCOT’s November fuel mix hit the highest point since April 2013, but natural gas maintained the lead overall. Wind farm generation provided 15.1 percent of the energy needed in November, a jump from 10 percent in October and 11.3 percent in November 2013. Gas-fired capacity provided… Read more
NYISO Sees Adequate Capacity To Meet Winter 2014-2015 Peak Demand
New York’s electric system has the capacity to meet demand for electricity and the necessary operating reserves during extreme cold through the 2014-2015 winter season, according to NYISO. It anticipates a peak load demand of 24,737 MW, and installed generation capacity totals 39,803 MW. Net external… Read more
ERCOT Says Grid Capacity Sufficient Through 2018
Texas should have sufficient electricity through at least 2018, according to new report from ERCOT. The state grid operator said that while peak power demand will grow by 4 percent over the next three years to 69,000 MW, there is enough new capacity under development to maintain a safe reserve margin.… Read more
Connect with GDF SUEZ Energy Resources on Social Media and Support Alex’s Lemonade Stand and the Eradication of Childhood Cancer
This December, GDF SUEZ Energy Resources will conclude its year-long Connect for a Cause fundraising campaign by donating $3,000 – with the potential for more – to Alex’s Lemonade Stand, a nonprofit dedicated to the eradication of childhood cancer. Read more
Time is Running Out! Connect for a Cause with GDF SUEZ Energy Resources and Support NJ SHARES
During the month of November, GDF SUEZ Energy Resources will be donating $3,000 to NJ SHARES plus an additional $1 for each new social media follower or interaction. NJ SHARES is a nonprofit in New Jersey that supports families and individuals in need of temporary help in paying energy bills. Read more
ERCOT Says EPA’s CO2 Plan Would Raise Rates, Affect Reliability
ERCOT said that a federal plan for reducing carbon dioxide emissions would raise wholesale electricity rates as much as 20 percent and could affect reliability by forcing coal plant shutdowns. In an analysis, the grid operator also explained that the timing and scale of the proposed reductions raise… Read more
Carbon Emission Cuts Cheaper When States Collaborate, PJM Analysis Shows
Meeting the Environmental Protection Agency’s carbon emission targets will be a lot cheaper if Pennsylvania teams up with other states, according to an analysis from PJM. The EPA standards aim to cut carbon emissions from power plants by 30 percent from 2005 levels by 2030. States can decide how they… Read more
Experts at TEPA Annual Conference Say Differentiation is Key to Broker Success in Negotiating Procurement Deals
Experts at The Energy Professionals Association’s annual meeting last week in Houston say that brokers who offer a broader understanding of the energy industry – those who use strategies that go beyond the price point – are having the most success in negotiating retail supply deals among commercial and… Read more
PJM Chief Confident About Meeting Winter Demands, Concerned Over 2015-2016
PJM is making sure generators are prepared for winter and following up on lessons learned from last winter's frigid temperatures, said Terry Boston, the grid operator’s president and CEO. Transmission enhancements allow PJM to move power within its region better than a year ago, and improved coordination… Read more