DOE EIA Weekly Gas Storage Report
Working gas in storage was 3,726 Bcf as of Friday, December 11, 2020, according to EIA estimates.
This represents a net decrease of 122 Bcf from the previous week. Stocks were 284 Bcf higher than last year at this time and 243 Bcf above the five-year average of 3,483 Bcf. At 3,726 Bcf, total working gas is within the five-year historical range.
Virtual Power Plant
We have all been on Zoom calls instead of meeting in person. Our computers, cameras, and nearly everything takes electricity.
Virtual power plants do NOT generate electricity but, they do aggregate the generation of various sources and allow the power to be traded or sold.
A virtual power plant does 2 things. It gathers up demand from real solar panels, wind turbines, or other installed generation sources. It then allows that demand to be sold, tracked, and paid.
Its use is being explored. Consider the home or business that has solar PV generation that can shut down some equipment (think of turning off your AC). Then the solar power you would’ve used to run your AC system can be sold into the market.
A virtual power plant is a marketplace where those with generation can sell some of their production. And you won’t need a Zoom meeting to get it done.
This is an interesting way to allow free-market powers to address power market demand and supply.
Realgy Energy Services is a registered Retail Energy Marketer in the states of Illinois, Michigan, Indiana and Ohio. We offer Service Plans that will provide electric and natural gas at wholesale pricing direct to customers without any utility markup. Our Service Plans work with the local utility to provide seamless service and annual energy savings. Service Plans include Guaranteed SavingsTM, ManagedPriceTM, ManagedGreenTM Index, Fixed and PriceAssuranceTM.
Realgy owns and operates 7 solar plants in Illinois and is looking to invest in additional locations.
Additional Information: https://www.alliedmarketresearch.com/virtual-power-plant-market
DOE EIA Weekly Gas Storage Report
Working gas in storage was 3,848 Bcf as of Friday, December 4, 2020, according to EIA estimates.
This represents a net decrease of 91 Bcf from the previous week. Stocks were 309 Bcf higher than last year at this time and 260 Bcf above the five-year average of 3,588 Bcf. At 3,848 Bcf, total working gas is within the five-year historical range.
DOE EIA Weekly Gas Storage Report
Working gas in storage was 3,939 Bcf as of Friday, November 27, 2020, according to EIA estimates.
This represents a net decrease of 1 Bcf from the previous week. Stocks were 343 Bcf higher than last year at this time and 290 Bcf above the five-year average of 3,649 Bcf. At 3,939 Bcf, total working gas is within the five-year historical range.
DOE EIA Weekly Gas Storage Report
Working gas in storage was 3,958 Bcf as of Friday, November 13, 2020, according to EIA estimates.
This represents a net increase of 31 Bcf from the previous week. Stocks were 293 Bcf higher than last year at this time and 231 Bcf above the five-year average of 3,727 Bcf. At 3,958 Bcf, total working gas is within the five-year historical range.
DOE EIA Weekly Gas Storage Report
Working gas in storage was 3,927 Bcf as of Friday, November 6, 2020, according to EIA estimates.
This represents a net increase of 8 Bcf from the previous week. Stocks were 196 Bcf higher than last year at this time and 176 Bcf above the five-year average of 3,751 Bcf. At 3,927 Bcf, total working gas is within the five-year historical range.