Genscape Captures Aerial View of Atlantic Sunrise Expansion, Proves...
July 23, 2018, Louisville, KY- Last week, Genscape conducted a flyover of the Atlantic Sunrise expansion, confirming construction is on target despite contract filing delays. Images showed over 90...
View ArticleGenscape Welcomes New Public Relations Manager
New Public Relations and Communications Head joins Genscape teamJuly 25, 2018, Louisville, KY- Genscape Inc, the leading global provider of real-time data and intelligence for commodity and energy...
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Confluence of Gas & Power Events Drives SoCal Gas to Record Highs with...
SoCal Citygate prices blasted to new record highs as another unique confluence of cross-commodity events hits the market.Natural Gas Intelligence (NGI) price data shows Monday's, July 23, 2018, SoCal...
View ArticleGenscape Conducts Additional Flyover after Leach Explosion Root Cause...
Last week, Genscape conducted a second flyover of the Leach XPress explosion site after the Pipeline and Hazardous Material Safety Administration (PHMSA) preliminarily identified a land subsidence as...
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Why Commercial and Industrial Energy Users Need to Get Creative
The GP Energy Management Team recently examined the energy procurement strategy of a large industrial company based in New York State. Our findings highlight exactly why these types of energy users...
View ArticleAs Summer Heat Drives Record Electricity Demand, Nodal Market Insights...
Using a unique methodology and proprietary algorithms, Genscape’s NMI tool accurately predicted 73% of real-time grid congestion events from June 15-July 24, an impressive statistic demonstrating new...
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Europe Heat Wave Pushes Spot Power Prices to New Highs
Europe is set to experience one of its warmest seasons on record with temperatures reaching to highs of 40°C, 5-9°C above normal according to the Swedish Meteorological and Hydrological Institute. As a...
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Genscape's Congestion Forecasting Software Passes Benchmarking During...
In 2018, the Electric Reliability Council of Texas (ERCOT) experienced a significant increase in congestion and energy prices. Compared to the previous seven years of Nodal implementation, there is at...
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Permian Basin Drilling Results in Continued Growth of PADD 3 Diesel Demand
Diesel demand in the U.S. Gulf Coast (PADD 3) has shown remarkable year-on-year growth in 2017 and 2018, according to Genscape Supply Side data, linked to the resurgence in Permian Basin crude oil...
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A Year in Review of Behind the Meter Solar: Unmasking the Secret Solar in...
MotivationThe California Independent System Operator (CAISO) market saw more hours with energy prices below $0 in 2017 than any year since 2012, continuing a trend seen in recent years. The ongoing...
View ArticleStaying Flexible: How Load Profiling Can Unlock Complex Rate Structures for...
Load profiling, or distributing the variation in electrical demand/load over a specific time period, continues to play an important role in retail energy markets. For over a decade, utilities profiled...
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Will China Tariffs Cause Material Impacts to U.S. LNG Exports?
IntroductionOn August 3, 2018, the Chinese government announced a plan to implement tariffs against the United States, including a 25 percent penalty on Liquefied Natural Gas (LNG) imports. The...
View ArticleFlexible Marketing: Incorporating Rate-Structure Choice as Part of a Larger...
One of the foundational attributes of deregulated electricity markets is consumer choice. Retail Electric Providers (REPs) offer end-users choice in how they source the power flowing into their homes...
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European Emission Allowances Reach 8 Year-High Above EUR18/t
European carbon futures rallied above EUR 18/ton week ending August 17, 2018, for the first time since November 2011, according to the Intercontinental Exchange. This comes after years of permits...
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Falling into Refinery Turnaround Season & Maintenance Outlook
U.S. Refinery Fall 2018 Turnaround SeasonThis summer, United States refineries operated just shy of record highs, running close to 100 percent utilization rates. Refineries reached a new record-high...
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U.S. Distillate Stocks Drop to Historic Summer Lows Amid Exports, Strong Gulf...
U.S. distillate inventories fell to historic lows in August despite record-high crude runs and normal distillate production. A combination of record-level U.S. distillate exports in June, coupled with...
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After the Storm: What Will the End of the Summer Bring to Mexico's Power...
Hot temperatures and a tightly committed supply stack are the main drivers behind the record-high power prices, demand peaks, and system energy costs seen across Mexico this summer. With strong and...
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Genscape Adds Two Crude-By-Rail Loading Terminals in Western Canada Amid...
Western Canadian crude-by-rail is set to continue reaching record highs in the near future as regional crude production continues to increase and extra pipeline takeaway capacity remains years away....
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Unplanned Nuclear Outage in France Sparks Fear
During the week ending August 24, new unplanned extensions of French nuclear outages that began in July ignited fear in surrounding markets. The unplanned outages are set to impact 2.37 TWh of nuclear...
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Maersk Line Kicks Off Historic Arctic Voyage
With climate change reducing the amount of sea ice, the Northern Sea Route (NSR) is becoming an attractive course for maritime shipping. In the past few years, more oil and natural gas carriers are...
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