Somebody out there thinks Texans will be paying more for electricity next year. Since mid-February, the futures price of electricity (yes, that exists, just as with crude oil and natural gas) in the state’s largest electric grid reversed a yearlong decline and started rising. The trend represents the belief among industry players that by 2013-14, Continue reading ?
Exploring Natural Gas and Renewables in ERCOT, Part II: Future Generation Scenarios for Texas Ira Shavel, et. al., December 10, 2013 (Texas Clean Energy Coalition) Introduction and Summary All over the world, electric power systems ... Read Post
Natural gas and oil are getting crushed. On Thursday afternoon, West Texas Intermediate crude oil was down over 5% to well below $49 a barrel as the commodity has taken a serious turn lower in the last hour or so. There is no obviou... Read Post