An Overview of North America’s Electricity Market The North American power markets are not only large, but also multi-faceted, varying by location, season, and state. The area it covers ranges from the small population of Delaware, who consume about 8.6 million MWh in a year, mostly during the long winters, to the people of Texas, […]
Power Market Deregulation – The Beginning 1996 was a landmark year in the history of North American power markets. The United States Federal Energy Regulatory Commission (FERC) issued orders 888 and 889, both of which paved the way for the deregulation of electricity markets. The goal of these orders was to separate electricity generation from […]
Many power traders and analysts study different factors that impact the dynamics of the electricity market. Factors like seasonality, time of the day, and unusual weather conditions can affect the load, which will in turn affect prices. In this blog, I analyze recent temperature fluctuations in the U.S. to find a correlation between electricity prices […]
Natural gas has traditionally served the needs of three major types of customers: manufacturers, power generators, and residents using gas for heating and cooking. The transportation industry now considers expanding the use of natural gas to power automotive vehicles; this creates another avenue for natural gas application. Among all uses, those for residential customers’ are […]
After overcoming a period of setbacks, Europe’s electricity market is on course to initiate the new North-Western Europe (NWE) and South-Western Europe (SWE) integrated market place (IMP) model covering three quarters of the European market. The project start-up phase will take effect on February 4th for the delivery of electricity in the regions on February […]
Editor’s Letter: I’m not sure if Barack Obama’s June 25 presidential climate change speech could beat anything else this month in its prominence and tentative consequences for the energy, commodity and financial markets. For the most part, it did not surprise many. Mr. Obama went full speed ahead in his fight against carbon polluters. InDepth: […]