The Big Picture on Reducing CO2 Emissions

Before getting into a new report showing an uptick in energy-related carbon dioxide emissions last year, let’s make sure we keep an eye on the big picture as it concerns U.S. CO2. These points: U.S. CO2 emissions have fallen to their lowest level in a generation – even as global emissions have risen 50 percent since 1990. The leading reason for this favorable trendline is increased use of natural gas in power generation.…

Natural Gas Storage Report Withdrawal Season Week 15 (Week Ending February 8, 2019)

Natural Gas Storage Report  Withdrawal Season Week 15 (Week Ending February 8, 2019) After last week’s hefty 237 Bcf withdrawal, this week’s slightly bearish 78 Bcf pull managed to fall short of all market expectations, last year’s 183 Bcf draw, and the five-year average of 160 Bcf for the same time period. The aftermath of the short-lived polar vortex has indicated that supply over the reporting week was affected by freeze-offs…

Natural Gas Storage Report Withdrawal Season Week 14 (Week Ending February 1, 2019)

At first glance, this week’s mostly bearish withdrawal of 237 Bcf may seem imposing, but the abrupt end of the polar vortex that swept across the Midwest and parts of the Northeast during this reporting period was cause for the market to slope slowly downward. Warmer weather made itself known almost immediately after a couple of nearly record-setting cold shots in the previously mentioned regions, and the March-April spread on…

Energy Trends to Watch in 2019

The New Year has officially arrived, bringing with it exciting goals and predictions for the clean energy industry around the world. According to projected trends published by Forbes and the Open Energy Market, there are several key developments to look for in the upcoming year. Energy Management & Storage: As the demand for clean energy usage increases in 2019, effective energy management and storage will be essential for grid flexibility, the ability to balance…

Natural Gas Storage Report Withdrawal Season Week 13 (Week Ending January 25, 2019)

Week 13 of withdrawal season provided a fairly unremarkable and bearish pull of 173 Bcf, falling short of all market expectations but exceeding last year’s draw of 126 Bcf and the five-year average of 150 Bcf. Offsetting weather patterns (colder than normal in the Midwest and Northeast and warmer than normal in the West and Southeast) made for a somewhat more predictable withdrawal according to multiple market participants, but many…

Energy Newsletter: January 2019

Clean Water Agencies Propose to Redefine and Limit “Waters of the United States” – The United States EPA and the United States Army Corps of Engineers are proposing to redefine—and significantly limit—the scope of “Waters of the United States” (“WOTUS”) that are subject to federal jurisdiction under the Clean Water Act. Affected industries include land and infrastructure developers; linear projects such as roads, pipelines, and transmission lines; petroleum and chemical…

Natural Gas Storage Report Withdrawal Season Week 12 (Week Ending January 18, 2019)

This week’s mostly neutral withdrawal of 163 Bcf from storage came nowhere close to last year’s pull of 273 Bcf and the five-year average of 185 Bcf for the same time period. That being said, the continued pattern of lighter than projected draws over the past few weeks has resulted in current inventories finally surpassing last year’s working storage for the first time in months, but the five-year average still…

Natural Gas Storage Report Withdrawal Season Week 11 (Week Ending January 11, 2019)

This week’s mostly neutral to slightly bearish withdrawal of 81 Bcf came as no surprise with the majority of the Lower 48 realizing warmer weather patterns during the reporting week ending January 11th. The last two weeks have provided relief for deficits against last year’s values, but the five-year average deficit is still holding over 11% currently. That being said, February and March contracts are still vulnerable to the potential…

Without the right policies, energy storage could increase emissions

In December, the six major Independent Systems Operators (ISO’s) across the country filed their plans for creating new market rules and opportunities for energy storage. While the rules will take at least a year to go into effect and the plans are just an initial step, a recent studysuggests that this effort may add up to 50,000 megawatts (MW) of storage nationwide in the next decade. At the same time, many states…

Natural Gas Storage Report Withdrawal Season Week 10 (Week Ending January 4, 2019)

After a small reclassification of 4 Bcf, the implied flow of this week’s supposedly bullish withdrawal was reported at 87 Bcf, which exceeded market expectations by over 10 Bcf. The last two weeks have seen storage inventories fall more in line with last year’s reserves, particularly due to a massive withdrawal of 359 Bcf last year, but they are still 15% lower than the five-year average. Mostly temperate weather has…