Energy Department Report: Jobs
According to the U.S. Energy Department report, renewable energy sector jobs grew in 2021, while fossil fuel jobs declined even as production increased.
Market Snapshot for the Week of June 27, 2022
HEAT PERSISTS THROUGH TEXAS AND THE PLAINS STATES JULY MARKET CONTINUES TO SLIP DOWNWARDS FREEPORT AND EASING WEATHER EXTREMES From a high of $9.54 on June 8th, when the Freeport facility suffered the explosion, the market dropped $3.45 in less than three weeks. While the slide has slowed, easing extremely hot weather forecasts has helped…
DetailsEIA News: Freeport LNG Terminal
According to the EIA, the recent fire at the Freeport terminal means 17% of all US LNG exports have shut down.
Capacity Pricing On PJM Grid Falls
Capacity prices in most of the grid operator PJM’s territory fell to a 10-year low amid a surge in power generation.
Opinion: Reducing Commercial Energy Use Is First Step
Reducing large commercial and residential buildings’ energy usage is a key first step cities can take to reduce their carbon emissions, says an analyst with a clean energy advisory firm.
Market Snapshot for Monday, June 20, 2022
TPI Takeaway WARMER TEMPERATURES COAST TO COAST WILL RESULT IN HIGHER DEMAND Despite the drop in Natural Gas which has historically been a massive driver of electricity prices, the cost of electricity continues to rise. This is primarily due to extreme temperatures and demand from coast to coast. This summer is predicted to be a…
DetailsElectricity Rates Projected to Double From Last Summer!
The EIA has forecast that electricity prices in the Northeast regions (ISO New England, New York ISO, and PJM markets) will exceed $100 per megawatt-hour (MWh) between June and August 2022. Read More >> Complete Details
DetailsFirst Peak Demand Day of 2022!
Today’s Peak Demand window is 3:00 PM – 6:00 PM EST, with demand expected to exceed 143 GW. TPI Efficiency urges you to consider reducing consumption during the forecasted peak timeframe. Remember: Capacity makes up ~30% of your total supply cost per kWh; future capacity tags and cost could be impacted! Learn more about…
DetailsEIA: Latest LNG Exports
EIA reports that European liquid natural gas (LNG) imports set an all-time historical record high in April 2022 The details: https://www.eia.gov/todayinenergy/detail.php?id=52758
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