DOE EIA Weekly Gas Storage Report
Working gas in storage was 3,415 Bcf as of Friday, October 4, 2019, according to EIA estimates.
This represents a net increase of 98 Bcf from the previous week. Stocks were 472 Bcf higher than last year at this time and 9 Bcf below the five-year average of 3,424 Bcf. At 3,415 Bcf, total working gas is within the five-year historical range.
NICOR is spending $168 million; increasing your monthly bill.
Just as a chill returns, NICOR plans to increase your heating costs.
NICOR, the largest gas utility in Illinois, asked for $180 million which was reduced in a 3-2 vote by commissioners. Still, the increase is expected to raise every residential customer’s bill by over $3/ month.
This increase is on the distribution side of the bill for the delivery of gas through their pipes. The Illinois Customer Choice Program still offers consumers direct pricing from energy suppliers. Realgy publishes our price compared to NICOR every month; resulting in nearly 5% savings over the last 12 months which is typically between 4-8% monthly. This is about an $85 savings for an average residential customer.
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.chicagobusiness.com/utilities/nicors-168-million-rate-hike-will-cost-typical-household-3-plus-month
Enormous ‘energy kite’ promises a new way to harness wind power
It takes wind to fly a kite, so why not attach a windmill and generate electricity?
This seems to be the thought process. The business plan is to be able to deploy these energy generating devices (an energy kite) where traditional windmill-based turbines would be impractical; such as in the deep ocean, after powerful storms disrupt power, etc.
The energy kite is launched from a ground station using rotors as helicopter blades until it reaches 800 ft above ground. Once airborne, the system generates power by flying in large circles high up where the wind is stronger and more consistent. Rotors mounted on kite wings drive generators that produce electricity. A strong conductive tether acts like a kite string and carries energy back to the grid. The kite’s flight path is guided by a computer which uses GPS and sensors to make thousands of calculations and adjustments in strong and steady winds.
The idea is phenomenal and hopefully the business plan will follow. By the way – it’s backed by Alphabet (Google’s parent company).
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://makanipower.com/
DOE EIA Weekly Gas Storage Report
Working gas in storage was 3,317 Bcf as of Friday, September 27, 2019, according to EIA estimates.
This represents a net increase of 112 Bcf from the previous week. Stocks were 465 Bcf higher than last year at this time and 18 Bcf below the five-year average of 3,335 Bcf. At 3,317 Bcf, total working gas is within the five-year historical range.
World’s largest offshore wind farm is nearly complete; can power 1,000,000 homes
With environmental concerns in the news, how about some news that is addressing sustainable energy production?
The United Kingdom needed new power, as it is an island surrounded by ocean with wind and waves.
They went big.
Located 75 miles off shore (far beyond the horizon of any land), the UK is installing 174 wind towers over 300 feet high with wind turbine blades spanning 250 feet.
The power could serve over 1,000,000 homes.
The cost is significantly below fossil fuels, it is sustainable, and will not add to global warming or create waste.
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.cnn.com/2019/09/25/business/worlds-largest-wind-farm/index.html
DOE EIA Weekly Gas Storage Report
Working gas in storage was 3,205 Bcf as of Friday, September 20, 2019, according to EIA estimates.
This represents a net increase of 102 Bcf from the previous week. Stocks were 444 Bcf higher than last year at this time and 47 Bcf below the five-year average of 3,252 Bcf. At 3,205 Bcf, total working gas is within the five-year historical range.