Winter Weather Expectations: Above Average Winter Electricity Demand?
Ahead of every season, Genscape’s power market analysts and meteorologists provide in-depth insight and forecasts for all seven of the U.S. power markets. We give our expectations for anticipated...
View ArticleHouston as a Global Crude Oil Benchmark: Two Futures Contracts Emerge to...
The U.S. Gulf Coast emerged as a critical point of global price discovery for crude oil in recent years amid a confluence of domestic oil production in the Permian and Eagle Ford plays, reversals,...
View ArticleIs the Surge in Wholesale Power Price in the UK Sustainable?
Over the past two years, power prices surged across Europe. The value of front calendar year power futures doubled while spot prices witnessed increased volatility and extreme levels. The evolution of...
View ArticleIn the Face of Iranian Sanctions, Who Knows What’s Going on in Iran? Genscape...
As U.S. Iranian sanctions go into effect today, fears swirl over the immediate impact to oil production from one of the world’s largest producers and exporters. Today, Genscape, the leading global...
View ArticleFuel Switching Due to Rise in European Carbon Prices
In a push to make carbon pricing more effective as a means for reducing carbon emissions, the European Commission announced in May total carbon emission allowances auctioned under the European Trading...
View ArticleWestcoast Natural Gas Pipeline Winter Outlook
Basis prices in the Pacific Northwest are likely to see high volatility this winter following an explosion on a key source of supply to the market. The Westcoast Pipeline explosion in British Columbia...
View ArticleLower Prices and Higher Inventories: What Do Recent Trend Reversals Signify...
In the past month, U.S. benchmark crude prices fell significantly, while domestic storage levels posted the largest series of builds so far this year. Lower prices and higher inventories represented...
View ArticleGenscape Begins Monitoring Solar Farms in West Texas
Genscape recently added monitors on our first solar farm in the Electric Reliability Council of Texas (ERCOT) market in October 2018. Our monitoring of SolaireHolman is a milestone, marking the first...
View ArticleOne Size Does Not Fit All: Targeted Marketing Campaigns for Retail Energy...
In this blog series, we’ve covered the most important considerations of rate setting. Once all of these considerations are appropriately accounted for, customer enrollment kicks in. The two most common...
View ArticleHurricane Michael Impacts Local Gasoline Demand, Long-Term Effects to Supply...
Gasoline demand increased in the Florida Panhandle, southern Georgia, and South Carolina ahead of Hurricane Michael’s arrival to the areas, but repercussions to demand appeared to focus on rack cities...
View ArticleEPEX Splits Germany and Austria into two Separate Zones
As of 30 September 2018, the common bidding zone of Germany-Luxembourg-Austria of the EPEX SPOT was divided, with Germany-Luxembourg on the one hand and Austria on the other. Instead of unlimited...
View ArticleHurricane Michael Approaches Florida Panhandle
Hurricane Michael, officially upgraded from a Tropical Storm to a Hurricane late yesterday morning, continues to barrel toward the southeast U.S. and is expected to make landfall in the Florida...
View ArticleChanges in Generation Mix Impacts West Japan Power Prices during Summer Heatwave
Japan experienced a record-breaking heatwave in July 2018, spiking wholesale power prices across the grid. The monthly average temperature and the total solar irradiation were the highest in the region...
View ArticleGenscape Sues LPI For Misappropriating Trade Secrets and Misusing...
Genscape, the leading global provider of real-time data and intelligence for commodity and energy markets, recently filed suit against Live Power Intelligence (LPI) and LPI’s CEO, former Genscape...
View ArticleLoad Factor: The Most Important Formula in Retail Pricing
In this blog series, we’ve already discussed a variety of the costs and risks to account for in a retail pricing model. Here, we focus on how important it is for Retail Energy Providers (REPs) to...
View ArticleMexican Pipeline Projects Delayed; Impacts on LNG and U.S. Imports Expected
On October 3, 2018, we received confirmation that the in-service date for two new Mexican pipelines is delayed. These delays change our forecast for Mexican supply, leading to higher-than-expected LNG...
View ArticleAlso Energy Merges with Locus Energy, Genscape Retains Equity Stake and...
Genscape, Inc., announces the merger of Locus Energy, a solar monitoring and data analytics platform provider for the solar photovoltaic (PV) market, with Also Energy, an established leader in the...
View ArticleAs German Renewables Production Increases, Gas Moves up the Stack
During Summer 2018, Germany witnessed another season of increased renewable power generation. German solar output was at 34 terawatt-hours (TWh), up 5 TWh or 17 percent compared to last summer. German...
View ArticleMISO Volatility: September Heat Drives Price Blowouts Across the Grid
The Midcontinent Independent System Operator (MISO) declared a state of emergency on September 15, 2018, as price spikes rocked the market. Hot temperatures and a series of increasingly large demand...
View ArticleFall Maintenance in New England Brings Risks to Gas and Power Markets
Algonquin Gas Transmission Begins Their Biggest Maintenance Event of the YearAfter frequent rescheduling and downgrading, including a last-minute delay after market close last Friday, September 21, New...
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