DOE EIA Weekly Gas Storage Report
Working gas in storage was 1,625 Bcf as of Friday, March 2, 2018, according to EIA estimates.
This represents a net decrease of 57 Bcf from the previous week. Stocks were 680 Bcf less than last year at this time and 300 Bcf below the five-year average of 1,925 Bcf. At 1,625 Bcf, total working gas is within the five-year historical range.
DOE EIA Weekly Gas Storage Report
Working gas in storage was 1,682 Bcf as of Friday, February 23, 2018, according to EIA estimates.
This represents a net decrease of 78 Bcf from the previous week. Stocks were 680 Bcf less than last year at this time and 372 Bcf below the five-year average of 2,054 Bcf. At 1,682 Bcf, total working gas is within the five-year historical range.
Remembering…the Polar Vortex of Dec17 thru Jan18
It was cold, dark and who knew how expensive it would be!
Now we do. PJM is the system operator that controls when power plants run to maintain the electric grid between NJ to Northern Illinois. They reported the cost of the “uplift” or charges related to running power plants during this unusually high demand period. They were:
- For the months of the polar vortex Dec 17/Jan18 the total was $70 million (the normal is $20 million)
- During the worst day, the cost was $47 million (average charges are $4.3 million per day)
So, yes it was cold, yes it was dark and yes it was expensive.
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 6 solar plants in Illinois and is looking to invest in additional locations.
Additional Information:
http://www.energychoicematters.com/stories/20180227d.html
St. Louis vs. Chicago; who’s ready for electric vehicles
Well it’s not the Cubs vs. Cardinals but the two cities are always competing. The National Renewable Energy Laboratory estimates the U.S. will have 15 Million electric vehicles on the road by 2030. This week Missouri and Illinois each released a look into their electric vehicle plans.
In Illinois:
- Chicago will need to support 80,000 electric cars
- 2,700 public charging stations will be required
- Costs range from $80,000-$100,000
- Today: only 34 fast charging stations are located in all of northeastern Illinois
In Missouri:
- Ameren piloted a program in 2016
- Proposal to install 1,200 charging plugs in its territory
- Ameren would partner with companies to operate the charging stations
- Ameren estimates the costs at $20,000-$50,000 for each charging station
All states and cities are looking at the infrastructure and locations for installing electric charging stations. They understand the coming demand.
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 6 solar plants in Illinois and is looking to invest in additional locations.
Additional Information:
https://chicagotonight.wttw.com/2018/02/22/study-chicago-could-see-80000-electric-cars-2030?utm_source=EHN&utm_campaign=8f5bea7cf2-RSS_EMAIL_CAMPAIGN&utm_medium=email&utm_term=0_8573f35474-8f5bea7cf2-99396161
http://www.stltoday.com/business/local/ameren-seeks-to-add-hundreds-of-electric-vehicle-charging-stations/article_ebacca29-7355-52ff-b230-3b56d90d4fa7.html
Capitalism requires competition, not monopolies
“How would we feel if one company controlled 92 percent of the global construction and engineering trade? Or 92 percent of the world’s paper and forest products? Would we worry that their power and influence had breached a reasonable threshold, or would we just think they were awesome innovators, as we do with Google?”
No matter how you feel about Amazon, Apple, Facebook, Google, and government regulation, you should read this Esquire article. Scott Galloway offers a look at how powerful these companies have become and explains why he believes the four biggest tech companies should be broken up.
Long story short?
“A key part of a healthy economic cycle is pruning firms when they become invasive, cause premature death, and won’t let other firms emerge. The breakup of big tech should and will happen, because we’re capitalists. It’s time.”
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 6 solar plants in Illinois and is looking to invest in additional locations.
Additional Information:
https://www.esquire.com/news-politics/a15895746/bust-big-tech-silicon-valley/
DOE EIA Weekly Gas Storage Report
Working gas in storage was 1,760 Bcf as of Friday, February 16, 2018, according to EIA estimates.
This represents a net decrease of 124 Bcf from the previous week. Stocks were 609 Bcf less than last year at this time and 412 Bcf below the five-year average of 2,172 Bcf. At 1,760 Bcf, total working gas is within the five-year historical range.
Wind Energy development in Illinois, Michigan and Indiana as coal plants are closing.
In one day I came across 4 articles which all carried a similar message: coal is being phased out in favor of renewable energy (solar, wind, etc.). This is not a political statement; but economical. More coal plants have closed during President Trump’s first year in office as compared to the President Obama’s last year. What’s being planned to replace the coal fired generated electricity? Wind, solar and natural gas energy.
Illinois:
- Passed the Illinois Clean Jobs Coalition last year. Goal is 100% renewable energy (accompanied jobs) by 2050
- Has generated more renewable energy jobs than all coal jobs combined
Michigan:
- Michigan electric utility companies must get 30% of their power from wind, solar or other renewables by 2030
- Consumers Energy vow to end coal generation by 2040
Indiana:
- Vectren plans to close 3 coal plants by 2023
- Natural gas 800 MW and 50 MW of solar generation would replace the coal
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 6 solar plants in Illinois and is looking to invest in additional locations.
Additional Information:
https://www.greentechmedia.com/amp/article/trump-cant-save-coal?__twitter_impression=true
http://chicago.cbslocal.com/2018/02/19/coalition-launches-clean-energy-initiative/
https://www.freep.com/story/money/business/michigan/2018/02/19/consumers-energy-emissions-coal-renewable/350559002/
https://www.courierpress.com/story/news/2018/02/20/vectren-natural-gas-plant-solar-farm-join-energy/356818002/
Grass Fed Beef and Solar Energy: Perfect Match.
A cattle ranch might not be what most environmentalists want to cheer about but, how about when they generate 280 MW of power (enough to serve 60,000 homes)?
The Hearst cattle ranch will supply Apple’s Cupertino campus with the power.
The solar energy generated will AVOID the release of 109,000 tons of C02 every year. That’s the equivalent of 22,00 cars off the road. In addition, the ranch will continue to produce about 3,000 head of cattle a year of grass fed beef. The ranch, Apple, and environmentalists agree: win-win-win.
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 6 solar plants in Illinois and is looking to invest in additional locations.
Additional Information:
https://www.cnbc.com/2018/01/21/apples-solar-project-at-hearst-ranch.html
DOE EIA Weekly Gas Storage Report
Working gas in storage was 1,884 Bcf as of Friday, February 9, 2018, according to EIA estimates.
This represents a net decrease of 194 Bcf from the previous week. Stocks were 577 Bcf less than last year at this time and 433 Bcf below the five-year average of 2,317 Bcf. At 1,884 Bcf, total working gas is within the five-year historical range.
Solar poised for growth in Michigan
Michigan regulators have adjusted what the utilities will pay for power generators that meet the qualification established under PURPA.
In most cases, it was lowered to reflect the actual costs utilities pay today.
However, in lowering the avoid cost existing PURPA qualifying power plants will get paid less.
Avoided costs rate had not been changed in Michigan since the 1980s. An update was overdue.
Solar and wind advocates believe the new rates will encourage large scale renewable energy in the state.
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 6 solar plants in Illinois and is looking to invest in additional locations.
Additional Information: