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DOE EIA Weekly Gas Storage Report

Working gas in storage was 3,241 Bcf as of Friday, July 24, 2020, according to EIA estimates.

This represents a net increase of 26 Bcf from the previous week. Stocks were 626 Bcf higher than last year at this time and 429 Bcf above the five-year average of 2,812 Bcf. At 3,241 Bcf, total working gas is within the five-year historical range.

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DOE EIA Weekly Gas Storage Report

Working gas in storage was 3,215 Bcf as of Friday, July 17, 2020, according to EIA estimates.

This represents a net increase of 37 Bcf from the previous week. Stocks were 656 Bcf higher than last year at this time and 436 Bcf above the five-year average of 2,779 Bcf. At 3,215 Bcf, total working gas is within the five-year historical range.

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DOE EIA Weekly Gas Storage Report

Working gas in storage was 3,133 Bcf as of Friday, July 3, 2020, according to EIA estimates.

This represents a net increase of 56 Bcf from the previous week. Stocks were 685 Bcf higher than last year at this time and 454 Bcf above the five-year average of 2,679 Bcf. At 3,133 Bcf, total working gas is within the five-year historical range.

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DOE EIA Weekly Gas Storage Report

Working gas in storage was 3,077 Bcf as of Friday, June 26, 2020, according to EIA estimates.

This represents a net increase of 65 Bcf from the previous week. Stocks were 712 Bcf higher than last year at this time and 466 Bcf above the five-year average of 2,611 Bcf. At 3,077 Bcf, total working gas is within the five-year historical range.

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Fossil Fuels Make Up 84 Percent Of The Global Energy Market

BP released it’s annual report of global energy data. A new record in energy consumption was set for the 10th consecutive year. Fossil fuels still account for the primary energy consumption globally with oil, coal, and natural gas. Unfortunately, emissions has grown again but coal usage has decreased to the lowest level in 16 years. Green energy was the largest share of the increase overall, with wind being the largest contributor and solar a close second. While the U.S. and Germany had the largest decline in consumption growth worldwide, China’s consumption of renewables was the highest with the US and Japan following behind.

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/Fossil-Fuels-Make-Up-84-Percent-Of-The-Global-Energy-Market.html

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Renewable energy has now produced more electricity in the U.S. than coal for 40 days straight

Add another first stemming from this COVID-19 period: renewable energy surpasses coal in electric supply.

As demand for energy dropped off, utilities had to shut down power plants because they needed less power. The first to shut down are the most expensive. Coal is more expensive than solar, wind, and hydro-generated electricity.

Overall, energy demand is expected to fall at least 3% in 2020. Investments in new power generation are dominated by renewable energy sources due to their cost benefits. As renewable energy continues to grow, coal-generated electricity could fall by more than 20%. Renewable energy does not contribute to climate change as coal fired energy production does.

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.cbsnews.com/news/coronavirus-lockdowns-renewable-energy-overtakes-coal-record-40-days/

 

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Michigan regulators demand changes to DTE Energy’s long-range plan

Last July, we summarized the difference between the 2 largest Michigan utilities. Consumers was attempting  to reduce costs by moving to renewables and closing high cost power plants which included legacy coal. DTE on the other hand, stayed with legacy power plants. A summary and link are below.

https://realgyenergyservices.com/consumers-vs-dte-long-term-planning-winners-and-losers/

The MPSC basically rejected DTE’s plan as inadequate in addressing Michigan law to address long term planning. DTE must now resubmit their plan to focus on reducing costs and complying with environmental policy by March 21, 2020.

Consumers’ plan on the other hand was approved.

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.michiganradio.org/post/public-service-commission-sends-much-dte-energy-plan-back-drawing-board

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How New York City plans to end natural gas, oil use in buildings

New York City’s goal of carbon neutrality is set for 2050. To help get there, they have a goal to reach 100% emissions-free power by 2040 by ending fossil fuel use in large building systems. Part of the plan is to follow California’s suit of denying gas hookups in new buildings or renovations. Starting with government owned structures will allow them to set the example for the rest of the city. Since NY has vast climate differences compared to CA, natural gas usage is higher and skeptics aren’t sure it will play out the same way it did on the west coast. Alternatives are being considered to ensure they accomplish those goals but there are many cogs in the machine that we need to see work together.

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.spglobal.com/marketintelligence/en/news-insights/latest-news-headlines/how-new-york-city-plans-to-end-natural-gas-oil-use-in-buildings-57232171

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Scotland Is on Track to Hit 100 Percent Renewable Energy This Year, Slàinte Mhath!

Scotland, like many countries, has been moving away from fossil fuels and replacing their energy generation with renewables. Wind is the largest power source in the nation and is continually growing. Enough energy is being created to power every resident’s home and more. Their target is to reach net-zero greenhouse gas emissions by 2045. Offsetting by planting more trees and using carbon-capture technology will allow them to emit some gases and still net-zero by their goal date. They are on the path to 100% green energy and seem to be able to do so by the end of 2020. Hosting the United Nations’ international climate talks in November this year will allow the world’s largest emitters to view firsthand the results of reaching those renewable 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://earther.gizmodo.com/scotland-is-on-track-to-hit-100-percent-renewable-energ-1841202818

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Carbon Dioxide Reached a New High in Humanity’s Existence

Earth’s atmosphere tracked the highest carbon dioxide level in 800,000 years of history last week. Carbon emissions have been rising to record levels since the Industrial Age of burning fossil fuels. We should be more than concerned about dropping these numbers due to the increased heating up of the planet causing multiple public health problems along with environmental changes. You’ve seen the wildfires of late. We need “radical changes to the global economy” or we will continue to see worsening conditions.

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://earther.gizmodo.com/carbon-dioxide-reached-a-new-high-in-humanitys-existenc-1841175734

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