DOE EIA Weekly Gas Storage Report
Working gas in storage was 3,010 Bcf as of Friday, July 28, 2017, according to EIA estimates.
This represents a net increase of 20 Bcf from the previous week. Stocks were 279 Bcf less than last year at this time and 87 Bcf above the five-year average of 2,923 Bcf. At 3,010 Bcf, total working gas is within the five-year historical range.
50% Rise in Renewable Energy Needed to Meet Ambitious State Standards
Renewable energy production (wind, solar, wave, and biomass) has been the fastest growing energy producing technology over the last 8 years. However, if renewable energy is to meet all State issued renewable goals, it’s hardly started. Every State has set a goal in order to shift energy production to a sustainable effort, increase technology jobs in their State, and reduce greenhouse gases.
No state has decreased their renewable energy goal. The cost of renewables is comparable to fossil fuel technology. So… how much renewable energy has to come online to meet ALL the State’s renewable goals? The chart below shows the current level of renewable energy production in 2017 and the growth that is required to meet each region’s collective renewable energy standard. Renewable energy has to grow from under 10 TWh to over 150 TWh. Such growth is exiting and will cause new jobs, less pollution, and new technology.
Consider the following; if just 10% (current estimates are close to 30%) of cars and trucks in the US converted to electric power (battery), the renewable energy produced would be used ONLY to power those cars and trucks.
Realgy Energy Services is a registered Retail Energy Marketer in the states of Illinois, Michigan and Indiana. 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.
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DOE EIA Weekly Gas Storage Report
Working gas in storage was 2,990 Bcf as of Friday, July 21, 2017, according to EIA estimates.
This represents a net increase of 17 Bcf from the previous week. Stocks were 302 Bcf less than last year at this time and 111 Bcf above the five-year average of 2,879 Bcf. At 2,990 Bcf, total working gas is within the five-year historical range.
Don’t squander America’s leadership in nuclear energy
Nuclear energy in the private sector has been beneficial but certain needs may not be met if energy innovation is purely in their hands. Federal control is necessary for national security. To maintain a leadership role worldwide, the U.S. must instill several strategies within the nuclear energy realm.
- Ensure significant and safe production
- Compete in the international marketplace and win for the private sector
- Actively partner with countries that have no nuclear energy
- Lead innovatively
Continuing to employ private-public partnerships domestically and internationally will prove the U.S. can grow their influence and safely lead the way for the next generation.
Realgy Energy Services is a registered Retail Energy Marketer in the states of Illinois, Michigan and Indiana. 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.
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Senate appropriators advance $38.4 billion energy spending bill
The Energy and Water Development Appropriations Act was approved to support investments with infrastructure, research, and security. The $38.4 billion budget for the bill is above the President’s request and delegates the bulk of spending towards the Energy Department. Some disagreement on details include amendments to boost spending on solar and wind energy. Programs that encourage the U.S.’s energy independence are prioritized within an amendment that supports nuclear. Sen. Graham believes without supporting nuclear, the U.S. will not become the low carbon, green economy we want to be. When the bill comes up for a final vote on the floor, we expect to see a push to boost renewable energy.
Realgy Energy Services is a registered Retail Energy Marketer in the states of Illinois, Michigan and Indiana. 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.
Additional Information:
DOE EIA Weekly Gas Storage Report
EIA reported new data as of 7/14/2017.
Working gas in storage was 2,973 Bcf as of Friday, July 14, 2017, according to EIA estimates.
This represents a net increase of 28 Bcf from the previous week. Stocks were 299 Bcf less than last year at this time and 141 Bcf above the five-year average of 2,832 Bcf. At 2,973 Bcf, total working gas is within the five-year historical range.
Buying power from an indie? You may be paying too much.
Customer Choice is usually introduced as unleashing market forces to bring about savings compared to the monopoly utility. And it does. Then Energy Marketers conform to the “landscape” the regulators and politicians create. The latest case in point is Illinois. IL trumpeted savings provided by Energy Marketers in 2013 at $37 BILLION.
Then the Energy Marketers who bring market pricing direct to consumers had an increase due to the following changes:
- Regulatory demands- oversight and compliance
- Taxes and fees- IL charges Energy marketers for the agency that buys power for the utilities (yes, you read that right)
- Utilities cost for supplying power decreased to nearly below market pricing at times (see comment 2)
- Municipalities were allowed to offer their residents energy; typically low for the first year which then increased. Of course, the municipalities wanted the Energy Marketers to pay them so the resident’s cost increased.
Consider how the above market changes caused $37 BILLION in 2013 to change…
These changes produce: less innovation, lower utility costs, and higher market costs. The current environment in IL is that the regulatory and political consideration seems to be driving out Energy Marketers to facilitate the return of the monopoly utility.
Realgy still provides savings compared to Illinois utilities.
Realgy Energy Services is a registered Retail Energy Marketer in the states of Illinois, Michigan and Indiana. 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.
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Mr. President: In Iowa, wind energy equals jobs
Iowan’s see that investments in renewable energy are investments in rural communities themselves. Iowa’s wind industry employs 7,000 and is expected to grow to 20,000 by 2020. 35% of Iowa’s electricity is wind produced and is estimated to increase to 40% within 3 years. The ability to lower dependence on other energy sources, reduce greenhouse gas emissions, create domestic jobs, and lower electric bills are all benefits to not just Iowan’s but to our entire nation.
Realgy Energy Services is a registered Retail Energy Marketer in the states of Illinois, Michigan and Indiana. 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.
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Study: Solar roof customers benefit the grid
The Institute for Energy Innovation (IEI) conducted a study on solar roof customers. The utility says they credit those customers, meaning the customer pays less than their share of the electricity infrastructure. However, IEI concluded that customers pay for more than their portion.
IEI’s President, Dan Scripps says the credits are fair and the simplicity of the plan is beneficial. If the commission alters the credit, he believes customers should receive more instead of less since the electricity they produce is worth more than the credit received.
Realgy Energy Services is a registered Retail Energy Marketer in the states of Illinois, Michigan and Indiana. 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.
Additional Information:
http://michiganradio.org/post/study-solar-roof-customers-benefit-grid
Lowell school district makes switch to solar power
Lake County’s involvement with solar energy began in 2015. Tri-Creek School Corporation’s bus barn converted to solar and since then 3 schools have installed panels. They are only hoping to increase that number. It is expected that the arrays will provide 80% of their energy needs, saving about $250,000 a year.
Benefits are numerous. Tri-Creek sees the ability to allocate those savings towards education. Solar panels dedicated to student projects can be found at each school. This venture prepares students for a future in clean energy, reduces the carbon footprint, decreases water usage at power plants, and is a catalyst for other schools to focus on being more green.
Realgy Energy Services is a registered Retail Energy Marketer in the states of Illinois, Michigan and Indiana. 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.
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