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Europe: +44 (0) 207 198 1634 Wind farms in the Electric Reliability Council of Texas’ footprint set a new output record of 11,467 MW at 10:56 pm CDT Sunday (0356 GMT Monday), the grid operator said Monday. ERCOT’s previous wind generation output record was 11,154 MW, set on February 19. Texas has the highest installed wind capacity of any state in […]
Batteries are hot, but utilities looking to store a lot of power may find cheaper options elsewhere All the talk in the electric utility industry these days seems to be about battery storage, but there are other ways to save generated electricity for later. With more demanding state renewable portfolio standards, the finalization of the […]
Equities and the Economy Note: This is the last Morning Energy Blog until Monday September 21st because I will be travelling on business. Good morning. Looking at the closes yesterday you would have thought it was a fairly quiet day in equities with the Dow closing up 77 points at 16,330, the S&P 500 gaining […]
Source: U.S. Energy Information Administration, Natural Gas Monthly Use of natural gas has two seasonal peaks, with consumption patterns predominantly driven by weather. The largest peak occurs during the winter, when cold weather increases the demand for natural gas space heating in the residential and commercial sectors. A second, smaller peak occurs in the summer […]
Equities and the Economy Note: tomorrow will be the last Morning Energy Blog until Monday September 21st for I will be travelling on business. Good morning. Once again and too frequent of late, yesterday’s price action was horrible. U.S. equities began the day very nicely with Dow futures up as much as 180 points with […]
President Barack Obama made clear this week how much he will champion the next phase in the American energy revolution — the drive toward local energy, a decentralized grid and consumer control. For Obama to push green energy is not new. But at the National Clean Energy Summit in Nevada Monday he spun the vision […]
In energy circles, it’s been a given for years that New England lacks adequate natural gas pipeline. Calls to build more pipeline heightened after natural gas prices soared in the bitter cold winters of 2012/13 and 2013/14. But a new report sponsored by GDF Suez Energy North America challenges the need for the pipeline, in part because […]
Equities and the Economy Good morning. And Whoo-hoo! Boy did we need a day like yesterday! After days and weeks of getting mostly beaten up U.S. equities posted big, big gains yesterday with the Dow rising 390 points, 2.4%, to 16,492 with all 30 stocks in the index closing up. The S&P 500 posted a […]
Equities and the Economy Good morning. This is probably old news to you by now but it was a horrible Friday for equities globally. Focusing on the U.S., the Dow fell 272 points, 1.7%, closing at 16,102, the S&P 500 lost 30 points, 1.53%, to 1,921 and the Nasdaq dropped 50 points, 1.1%, to 4,684. […]
Equities and the Economy The day started out very nicely yesterday with the Dow up 139 points in the morning but around 10:05 AM CDT investors mead an about-face and turning cautious and began selling and the day ended mixed with the Dow gaining 23 to 16,375, the S&P 500 up 3 ending at 1,951 […]
