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Archive for the ‘Coal’ Category

Fossil fuels still dominate U.S. energy consumption despite recent market share decline

Despite the advancements in renewable energy generation over the past few years, fossil fuels continue to dominate the US energy consumption landscape. The EIA is expecting fossil fuel’s share to fall drastically over the next 20 years, to about 75% of consumption, the lowest level since the early 1900’s. Technological advances and potential policy changes […]

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Quarterly coal production lowest since the early 1980s

Because of multiple economic, political, social, and weather factors, coal production has dropped in recent years and is now at its lowest level since 1981. This lack of coal is creating even more demand for natural gas for electricity generation, leaving much of the Northeast at risk for wildly volatile natural gas prices. Source: U.S. […]

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Morning Energy Blog – June 13, 2016

Equities and the economy After coming within a whisker of posting new highs earlier in the week U.S. stock prices fell both Thursday and Friday. On Friday the Dow fell 120 points, 0.67%, finishing at 17,865, the S&P 500 lost 19, 0.92%, to 2,096 and the more volatile Nasdaq got clobbered falling 1.29%, 64 points, […]

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Solar Will Replace Nearly All Retiring Coal in Texas

Coal and natural gas plants are retiring in Texas. Now may be the time to look into solar and storage options to provide energy stability for the future. ERCOT may need to plan for a skinny duck curve. In the next 15 years, Texas expects to add somewhere between 14 and 27 gigawatts of solar […]

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Morning Energy Blog – May 13, 2016

Equities and the economy The bulls beat up on the bears on Tuesday and the bears beat up on the bulls on Wednesday and yesterday they both left the battlefield and went back to their corrals and their caves and licked their wounds. The Dow rose 9 points to 17,720, the S&P 500 closed flat […]

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Morning Energy Blog – February 12, 2016

Equities and Economy Stocks tumbled yesterday as the Dow fell for the 5th consecutive day closing down 255 points, 1.60%, at 15,660. The S&P 500 lost 23, 1.23%, to 1,829. The Nasdaq fared the best closing down only 0.39%, at 4,267. It could have been, oh, so much worse. At 2:37 EST the Dow was […]

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ERCOT Energy Use up 2.2% in 2015; Wind Surpasses Nuclear

ERCOT reported a 2.2% increase in energy usage within its region of Texas in 2015, fueled by a record-breaking summer that brought a new peak demand record approaching 70,000 MW. The Texas grid operator released a report Jan. 15 that indicated the system consumed 347,522,945 MWh of electricity last year, nearly 7.5 million MWh more than in […]

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Wholesale power prices decrease across the country in 2015

Source: U.S. Energy Information Administration, based on SNL Energy Wholesale electricity prices at major trading hubs on a monthly average basis for on-peak hours were down 27%-37% across the nation in 2015 compared with 2014, driven largely by lower natural gas prices. Because natural gas-fired generation sets the marginal price in many markets, wholesale electricity […]

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