Solar energy is an important source of power generation in the modern world, and its absence can be equally critical for the power markets. On March 20, 2015, a solar eclipse in Europe profoundly impacted regional power markets. The continent underwent an absence of a major portion of its sunlight from 8:30 to 11 a.m., […]
I recently attended the 20th Annual Independent Power Producers Society of Alberta (IPPSA) Conference at the Banff Springs Hotel in Alberta. As such, 20 was a key focus of the conference – it has been 20 years since the start of the restructuring process of the Alberta power market, and changes are ahead with the […]
Since energy products are the backbone of the economy and are widely used by all sectors, the general belief is that a rise in energy commodity prices in translates to an increase in the price of non-energy commodities, such as metals and agricultural products. To assess the validity of this common belief, we’ll review two […]
Traditional methods of extracting oil and fossil fuels eventually face a limit. We can only return to the same well so many times before the well runs dry, and we must look elsewhere. In the case of oil and fossil fuels, we have begun to look deeper and deeper beneath the surface of the planet […]
In recent years, there has been a growing worldwide effort to reduce carbon emissions. Many initiatives are in place to reduce or minimize the effect of carbon emissions, including the introduction of stricter energy and fuel efficiency standards; the development of carbon capture and storage (CCS) facilities; the development of alternative energy sources to coal; […]
We recently held a complimentary webinar discussing the upcoming changes to the Southwest Power Pool (SPP), the various data management challenges stemming from these changes, and how the ZEMA Suite is prepared to handle issues arising from the new Integrated Marketplace. Marketplace Changes On March 1st, 2014, the SPP is going live with their Integrated […]
Join us November 27, 2013 for a complimentary webinar about the upcoming changes to the Southwest Power Pool market. The ZEMA Suite has helped other ISO market participants meet similar challenges before, including when ERCOT transitioned to ERCOT Nodal, and is well-prepared for the new data, analytic and integration problems that market participants will be […]
The New York Independent System Operator (NYISO) was founded in 1999, a period of high electricity prices, in hopes that a more competitive marketplace would help bring the cost of electricity down (NYISO). Currently, the NYISO is responsible for the reliability of power generation and transmission in the state of New York. For over a […]
In business, economy of scale is an important concept of optimizing output while reducing cost per unit of output by increasing the size of production. For example, a larger entity would be more cost efficient per unit of production than a smaller unit, all other factors being equal. But, passing the optimum size brings in […]
This is the Part Two of Three in our series on the NYISO market. In the Part One, titled ‘The Need for Enterprise Data Management in the NYISO’, Ian gave an operational overview of NYISO as an independent system operator. In today’s blog, we’ll take a look at different products and reports available in NYISO […]