Michigan Launches Inquest into Power Outages
Last week’s Michigan storms left over 1 million customers without power. Many were in the dark for over a week. Damage assessment and restoration are a priority as is planning and preparation for these disasters. Residents want to see improvement in all areas and the MPSC states “… we have more work to do, and we have to do it faster.”
Concerns aren’t limited to the Midwest and are voiced across the country since the increase in frequent, intense storms are apparent. We can’t rely solely on historical data to prepare for the ever-changing weather. The MPSC is pushing utilities to be more transparent around their efforts while encouraging customers to discuss impacts of outages, especially those that are more at risk.
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://thesuntimesnews.com/g/chelsea-mi/n/39406/state-launches-inquest-power-outages
DOE EIA Weekly Gas Storage Report
Working gas in storage was 2,851 Bcf as of Friday, August 20, 2021, according to EIA estimates.
This represents a net increase of 29 Bcf from the previous week. Stocks were 563 Bcf less than last year at this time and 189 Bcf below the five-year average of 3,040 Bcf. At 2,851 Bcf, total working gas is within the five-year historical range.
DOE EIA Weekly Gas Storage Report
Working gas in storage was 2,822 Bcf as of Friday, August 13, 2021, according to EIA estimates.
This represents a net increase of 46 Bcf from the previous week. Stocks were 547 Bcf less than last year at this time and 174 Bcf below the five-year average of 2,996 Bcf. At 2,822 Bcf, total working gas is within the five-year historical range.
DOE EIA Weekly Gas Storage Report
Working gas in storage was 2,776 Bcf as of Friday, August 6, 2021, according to EIA estimates.
This represents a net increase of 49 Bcf from the previous week. Stocks were 548 Bcf less than last year at this time and 178 Bcf below the five-year average of 2,954 Bcf. At 2,776 Bcf, total working gas is within the five-year historical range.
Vistra Accelerates Closure of Ohio Coal Plant
VISTRA Energy will accelerate the retirement of their 1,200 MW (enough power to provide energy to 1,400 homes) plant on or before May 2022.
What will replace it? Solar or wind energy with battery storage.
The reason? Money. The price of power that VISTRA could receive has declined by over 50%.
Only renewable energy is economical enough to generate power at the expected energy rates.
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: Vistra Accelerates Closure of Ohio Coal Plant to Mid-2022, Years Earlier Than Planned – Jul 19, 2021 (vistracorp.com)
DOE EIA Weekly Gas Storage Report
Working gas in storage was 2,727 Bcf as of Friday, July 30, 2021, according to EIA estimates.
This represents a net increase of 13 Bcf from the previous week. Stocks were 542 Bcf less than last year at this time and 185 Bcf below the five-year average of 2,912 Bcf. At 2,727 Bcf, total working gas is within the five-year historical range.
Illinois Shines
With the rise of solar usage, incentives are more available now and many are implemented through state programs. Illinois Shines was created by the Illinois Power Agency (IPA) to support developments for distributed solar generation and community solar. Monitored in accordance with the Future Energy Jobs Act, the IPA purchases Renewable Energy Credits (RECs) from community solar projects and sets costs through the Adjustable Block Program known as Illinois Shines.
Community solar benefits areas that cannot install rooftop arrays due to limited space, high costs, and issues with zoning laws. Illinois Shines increases solar access for residents that may not easily receive green energy while also providing information and inspections for vendors to become approved.
Illinois Shines’ evaluation of Realgy Energy Service’s solar arrays at Ridgeland Recreation Complex recently concluded. They state Realgy’s project is in compliance with program guidelines. We are proud to serve the Illinois community and help the state meet its renewable energy goals.
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://illinoisshines.com/
DOE EIA Weekly Gas Storage Report
Working gas in storage was 2,411 Bcf as of Friday, June 4, 2021, according to EIA estimates.
This represents a net increase of 98 Bcf from the previous week. Stocks were 383 Bcf less than last year at this time and 55 Bcf below the five-year average of 2,466 Bcf. At 2,411 Bcf, total working gas is within the five-year historical range.
DOE EIA Weekly Gas Storage Report
Working gas in storage was 2,313 Bcf as of Friday, May 28, 2021, according to EIA estimates.
This represents a net increase of 98 Bcf from the previous week. Stocks were 386 Bcf less than last year at this time and 61 Bcf below the five-year average of 2,374 Bcf. At 2,313 Bcf, total working gas is within the five-year historical range.
US Approves 1st Major Offshore Wind Energy Project
The United States joined the rest of the world and issued final permits allowing for the development of large-scale offshore wind projects.
Large scale: 62 turbines standing 90 stories above the water with underground cables bringing electricity onshore to 400,000 homes. The turbines will be located about a mile off the coast of Massachusetts.
Wind power is the least costly energy power to build and the new turbines from General Electric are the largest available.
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.npr.org/2021/05/11/995852356/biden-administration-approves-first-major-offshore-wind-energy-project