DOE EIA Weekly Gas Storage Report
Working gas in storage was 3,591 Bcf as of Friday, November 29, 2019, according to EIA estimates.
This represents a net decrease of 19 Bcf from the previous week. Stocks were 591 Bcf higher than last year at this time and 9 Bcf below the five-year average of 3,600 Bcf. At 3,591 Bcf, total working gas is within the five-year historical range.
TAE Technologies Wins Three INFUSE Awards to Further Fusion Energy Research
The US Department of Energy (DOE) awarded TAE with 3 INFUSE awards for their “pursuit of clean, safe, cost-effective, scalable, fusion energy, and a continued recognition that it is a viable effort worth public funding and collaboration”. Federal support is necessary to help commercial fusion power plants recognize new ways to efficiently provide carbon-free electricity production. TAE will focus on the US’s energy needs while addressing environmental and security requirements “by resolving industrial-scale issues of technology, cost, and safety”. Using the DOE’s resources, we should see an acceleration in fusion energy development to better our environment and economy using renewable energy.
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.prnewswire.com/news-releases/tae-technologies-wins-three-infuse-awards-to-further-fusion-energy-research-300968932.html
Amazon Announces Three New Renewable Energy Projects
One of the largest internet retailers announced a huge step in its venture towards a green future. Amazon, your favorite online retailer is investing in several solar projects to continue with plans to cut their carbon footprint. The three new projects will be in Spain, Virginia, and Illinois. Combined, they will produce about 700,000 MWh annually; enough to power over 67,000 homes. These are in addition to the existing 70 clean energy projects they have around the world. Amazon’s goal is to use 100% renewable energy by 2030 and net zero carbon by 2040 as stated in their sustainability commitment “The Climate Pledge”. We look forward to seeing them hit their target and hope similar companies follow suit.
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.businesswire.com/news/home/20191202006013/en/Amazon-Announces-New-Renewable-Energy-Projects-Spain
Powerhouse building produces more energy than it needs
Cities around the world are ensuring a greener future through various requirements. One way is to confirm new construction meets certain emissions standards. Trondheim, Norway is home to a building that produces surplus clean energy which feeds into the surrounding micro-grid. As aesthetically pleasing as it is, the structure’s shape optimizes solar production and is built with intentionally placed materials that will be re-used at the end of its life cycle. We look forward to seeing similar structures created globally with the same focus on renewable energy.
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.corporateknights.com/channels/built-environment/powerhouse-produces-energy-needs-giving-back-community-15722857/
EIA DOE Weekly Gas Storage Report
Working gas in storage was 3,638 Bcf as of Friday, November 15, 2019, according to EIA estimates.
This represents a net decrease of 94 Bcf from the previous week. Stocks were 506 Bcf higher than last year at this time and 60 Bcf below the five-year average of 3,698 Bcf. At 3,638 Bcf, total working gas is within the five-year historical range.
Tech Breakthrough Could Spark A Geothermal Energy Boom
One of the cleanest energy sources, geothermal energy, recently had a breakthrough in exploration. Finding sites to drill has been one of the main challenges especially when searching underwater. Researchers discovered a method to ease that task. Geochemical data along with the charting of lake floors in the new system were not previously possible. It can provide more precise locations and essential information for harvesting this green energy.
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://oilprice.com/Energy/Energy-General/Tech-Breakthrough-Could-Spark-A-Geothermal-Energy-Boom.html#
Secretive energy startup backed by Bill Gates achieves solar breakthrough
Concentrated solar power has never made enough heat to be used in certain industrial processes such as creating cement, steel, or glass.
Until now.
Bill Gates’ startup Heliogen uses technology that uncovered the ability to generate heat over 1,000°C. Using their software and materials, greenhouse emissions can be dramatically decreased in the industry that creates “more than a fifth of global emissions”.
Although the investment may be high at first, it will save companies money while also providing green heat. Among these developments, Heliogen is also using their discoveries to produce clean hydrogen and further their renewable energy uses.
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/2019/11/19/business/heliogen-solar-energy-bill-gates/index.html
DOE EIA Weekly Gas Storage Report
Working gas in storage was 3,732 Bcf as of Friday, November 8, 2019, according to EIA estimates.
This represents a net increase of 3 Bcf from the previous week. Stocks were 491 Bcf higher than last year at this time and 2 Bcf above the five-year average of 3,730 Bcf. At 3,732 Bcf, total working gas is within the five-year historical range.
Virtual power plants could solve renewable energy’s biggest problem
Unpredictable weather can be a problem for renewable energy sources such as those that rely on clear skies or a steady wind. A virtual power plant can potentially close the gap between those challenges without supplements from fossil fuels. By connecting various sources of clean energy production, generation, and storage through a cloud-based platform, these aspects can be controlled to ensure adequate energy meets distribution needs.
Forecasts, production and storage data along with market prices help match demand with supply in real time. However, it is not without faults and finding a balance between all locations is key. Cyber security is also a threat and must be a priority investment. Another large step towards a green energy future in the making.
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.channel3000.com/news/virtual-power-plants-could-solve-renewable-energys-biggest-problem/1140159601
One underperforming sector is making a stealthy comeback this month
After a rough summer, energy stocks have begun to improve. At the moment, the sector is the “best performer on the S&P 500”. This time of year is typical of a shift but, the increase follows a large hit causing it to be the worst performer in August 2019. Technological advances in the industry have caused various movements throughout the sector but predictions say we should continue to see the upward trend.
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.cnbc.com/2019/11/06/the-energy-sector-is-making-a-stealthy-comeback-this-month.html