Energy Primer a Handbook of Energy Market Basics April 2020
Total Page:16
File Type:pdf, Size:1020Kb
Load more
Recommended publications
-
Competing to Overcharge Consumers: the Competitive Electric Supplier Market in Massachusetts
Why Competing to Overcharge Consumers: The Competitive Electric Supplier Market in Massachusetts April 2018 By Jenifer Bosco National Consumer Law Center® © Copyright 2018, National Consumer Law Center, Inc. All rights reserved. ABOUT THE AUTHORS Jenifer Bosco is a staff attorney at the National Consumer Law Center (NCLC) with a focus on energy and utility issues that affect low-income consumers. Prior to joining NCLC, she was the first director of the Office of Patient Protection at the Massachusetts Health Policy Commission. Previously, Jen advocated for low-income clients at Health Law Advocates, the Massachusetts Law Reform Institute and Merrimack Valley Legal Services. She also served as an Assistant Attorney General with the Office of the Massachusetts Attorney General and began her legal career as a law clerk for the Massachusetts Superior Court. Jen holds a J.D. from Georgetown University Law Center and a B.A. from Boston College. She is a co-author of Access to Utility Services and a contributing author to Collection Actions and Consumer Banking and Payments Law. ACKNOWLEDGEMENTS The author thanks NCLC Senior Attorney Charlie Harak and NCLC Deputy Director Carolyn Carter for their insightful reviews and comments, and Ana Girón-Vives of NCLC for her research and data analysis. Barbara Alexander generously shared her extensive knowledge of competitive supply markets and provided invaluable support and insight. The author also thanks Elizabeth Berube of Citizens for Citizens, Inc., Darlene Gallant of Lynn Economic Opportunity, Richard Berkley of the Public Utility Law Project of New York, and NCLC colleagues Olivia Wein, John Howat, Jan Kruse, Svetlana Ladan, and Cleef Milien for their invaluable assistance. -
Trends in Electricity Prices During the Transition Away from Coal by William B
May 2021 | Vol. 10 / No. 10 PRICES AND SPENDING Trends in electricity prices during the transition away from coal By William B. McClain The electric power sector of the United States has undergone several major shifts since the deregulation of wholesale electricity markets began in the 1990s. One interesting shift is the transition away from coal-powered plants toward a greater mix of natural gas and renewable sources. This transition has been spurred by three major factors: rising costs of prepared coal for use in power generation, a significant expansion of economical domestic natural gas production coupled with a corresponding decline in prices, and rapid advances in technology for renewable power generation.1 The transition from coal, which included the early retirement of coal plants, has affected major price-determining factors within the electric power sector such as operation and maintenance costs, 1 U.S. BUREAU OF LABOR STATISTICS capital investment, and fuel costs. Through these effects, the decline of coal as the primary fuel source in American electricity production has affected both wholesale and retail electricity prices. Identifying specific price effects from the transition away from coal is challenging; however the producer price indexes (PPIs) for electric power can be used to compare general trends in price development across generator types and regions, and can be used to learn valuable insights into the early effects of fuel switching in the electric power sector from coal to natural gas and renewable sources. The PPI program measures the average change in prices for industries based on the North American Industry Classification System (NAICS). -
Oil & Gas, and Mining Associations, Organizations, and Company
2021 OIL & GAS, AND MINING ASSOCIATIONS, ORGANIZATIONS, AND COMPANY INFORMATION UNIVERSITY OF COLORADO DENVER ASSOCIATIONS AND ORGANIZATIONS Colorado Cleantech Industry Association – https://coloradocleantech.com/ Colorado Energy Coalition – http://www.metrodenver.org/news/news-center/2017/02/colorado-energy-coalition- takes-energy-%E2%80%98asks-to-congressional-delegation-in-washington,-dc/ Colorado Mining Association (CMA) – https://www.coloradomining.org/default.aspx Colorado Oil and Gas Association (COGA) – http://www.coga.org/ Colorado Petroleum Association – http://www.coloradopetroleumassociation.org/ Colorado Renewable Energy Society (CRES) – https://www.cres-energy.org/ Society of Petroleum Engineers – https://www.spe.org/en/ United States Energy Association – https://www.usea.org/ OIL AND GAS Antero Resources – http://www.anteroresources.com/ Antero Resources is an independent exploration and production (E&P) company engaged in the exploitation, development, and acquisition of natural gas, NGLs and oil properties located in the Appalachia Basin. Headquartered in Denver, Colorado, we are focused on creating value through the development of our large portfolio of repeatable, low cost, liquids-rich drilling opportunities in two of the premier North American shale plays. Battalion Oil – https://battalionoil.com/ http://www.forestoil.com/ Battalion Oil (Formerly Halcón Resources Corporation) is an independent energy company focused on the acquisition, production, exploration and development of onshore liquids-rich assets in the United States. While Battalion is a new venture, we operate on a proven strategy used in prior, successful ventures. We have experienced staff and use the most advanced technology, enabling us to make informed and effective business decisions. Spanish for hawk, Halcón embraces the vision and agility to become a resource powerhouse in the oil and gas industry. -
Best Electricity Market Design Practices
In My View Best Electricity Market Design Practices William W. Hogan (forthcoming in IEEE Power & Energy) Organized wholesale electricity markets in the United States follow the principles of bid-based, security-constrained, economic dispatch with locational marginal prices. The basic elements build on analyses done when large thermal generators dominated the structure of the electricity market in most countries. Notable exceptions were countries like Brazil that utilized large-scale pondage hydro systems. For such systems, the critical problem centered on managing a multi- year inventory of stored water. But for most developed electricity systems, the dominance of thermal generation implied that the major interactions in unit commitment decisions would be measured in hours to days, and the interactions in operating decisions would occur over minutes to hours. As a result, single period economic dispatch became the dominant model for analyzing the underlying basic principles. The structure of this analysis Figure 1: Spot Market integrated the terminology of economics and engineering. As shown in SHORT-RUN ELECTRICITY MARKET Figure 1: Spot Market, the Energy Price Short-Run (¢/kWh) Marginal increasing short-run Cost Price at marginal cost of generation 7-7:30 p.m. defined the dispatch stack or supply curve. Thermal Demand efficiencies and fuel cost 7-7:30 p.m. Price at were the primary sources 9-9:30 a.m. of short-run generation cost Price at Demand differences. The 2-2:30 a.m. 9-9:30 a.m. introduction of markets Demand 2-2:30 a.m. added the demand Q1 Q2 Qmax perspective, where lower MW prices induced higher loads. -
Wind Energy Technology Data Update: 2020 Edition
Wind Energy Technology Data Update: 2020 Edition Ryan Wiser1, Mark Bolinger1, Ben Hoen, Dev Millstein, Joe Rand, Galen Barbose, Naïm Darghouth, Will Gorman, Seongeun Jeong, Andrew Mills, Ben Paulos Lawrence Berkeley National Laboratory 1 Corresponding authors August 2020 This work was funded by the U.S. Department of Energy’s Wind Energy Technologies Office, under Contract No. DE-AC02-05CH11231. The views and opinions of the authors expressed herein do not necessarily state or reflect those of the United States Government or any agency thereof, or The Regents of the University of California. Photo source: National Renewable Energy Laboratory ENERGY T ECHNOLOGIES AREA ENERGY ANALYSISAND ENVIRONMENTAL I MPACTS DIVISION ELECTRICITY M ARKETS & POLICY Disclaimer This document was prepared as an account of work sponsored by the United States Government. While this document is believed to contain correct information, neither the United States Government nor any agency thereof, nor The Regents of the University of California, nor any of their employees, makes any warranty, express or implied, or assumes any legal responsibility for the accuracy, completeness, or usefulness of any information, apparatus, product, or process disclosed, or represents that its use would not infringe privately owned rights. Reference herein to any specific commercial product, process, or service by its trade name, trademark, manufacturer, or otherwise, does not necessarily constitute or imply its endorsement, recommendation, or favoring by the United States Government or any agency thereof, or The Regents of the University of California. The views and opinions of authors expressed herein do not necessarily state or reflect those of the United States Government or any agency thereof, or The Regents of the University of California. -
Microgeneration Strategy: Progress Report
MICROGENERATION STRATEGY Progress Report JUNE 2008 Foreword by Malcolm Wicks It is just over two years since The Microgeneration Strategy was launched. Since then climate change and renewables have jumped to the top of the global and political agendas. Consequently, it is more important than ever that reliable microgeneration offers individual householders the chance to play their part in tackling climate change. In March 2006, there was limited knowledge in the UK about the everyday use of microgeneration technologies, such as solar thermal heating, ground source heat pumps, micro wind or solar photovolatics. Much has changed since then. Thousands of people have considered installing these technologies or have examined grants under the Low Carbon Buildings Programme. Many have installed microgeneration and, in doing so, will have helped to reduce their demand for energy, thereby cutting both their CO2 emissions and their utility bills. The Government’s aim in the Strategy was to identify obstacles to creating a sustainable microgeneration market. I am pleased that the majority of the actions have been completed and this report sets out the excellent progress we have made. As a consequence of our work over the last two years, we have benefited from a deeper understanding of how the microgeneration market works and how it can make an important contribution to a 60% reduction in CO2 emissions by 2050. Building an evidence base, for example, from research into consumer behaviour, from tackling planning restrictions and from tracking capital costs, means that we are now in a better position to take forward work on building a sustainable market for microgeneration in the UK. -
Electric Power Distribution in the World: Today and Tomorrow
Electric Power Distribution in the World: Today and Tomorrow EPRG Working Paper 1826 Cambridge Working Paper in Economics 1846 Sinan Küfeoğlu, Michael Pollitt & Karim Anaya Abstract In light of the increasing importance of distributed energy resources (DERs) in the electricity system, there is an ongoing need to understand the current status of electric power distribution across the world. This review paper compiles key information about the distribution systems in 175 countries worldwide. The findings for each country include the number, legal structure and ownership of distribution system operators, the access to electricity they provide, distribution level voltages, electric power frequency and the significance of renewable electricity generation. This study covers 99.4% of the world’s population. As of June 2018, there are around 7600 distribution system operators in these 175 countries. After reviewing today’s distribution system status, this paper also reviews the various discussions and proposals for tomorrow’s electric power distribution. The discussion covers both system operation and market platform roles as well as data management options for DSOs in the near future. Keywords distribution system operator; DSO; market platform; transmission system operator; TSO JEL Classification L94 Contact [email protected] Publication August 2018 Financial Support None www.eprg.group.cam.ac.uk Electric Power Distribution in the World: Today and Tomorrow Sinan Küfeoğlu1 Michael G. Pollitt Karim Anaya Energy Policy Research Group Energy Policy Research Group Energy Policy Research Group University of Cambridge University of Cambridge University of Cambridge Abstract In light of the increasing importance of distributed energy resources (DERs) in the electricity system, there is an ongoing need to understand the current status of electric power distribution across the world. -
A New Era for Wind Power in the United States
Chapter 3 Wind Vision: A New Era for Wind Power in the United States 1 Photo from iStock 7943575 1 This page is intentionally left blank 3 Impacts of the Wind Vision Summary Chapter 3 of the Wind Vision identifies and quantifies an array of impacts associated with continued deployment of wind energy. This 3 | Summary Chapter chapter provides a detailed accounting of the methods applied and results from this work. Costs, benefits, and other impacts are assessed for a future scenario that is consistent with economic modeling outcomes detailed in Chapter 1 of the Wind Vision, as well as exist- ing industry construction and manufacturing capacity, and past research. Impacts reported here are intended to facilitate informed discus- sions of the broad-based value of wind energy as part of the nation’s electricity future. The primary tool used to evaluate impacts is the National Renewable Energy Laboratory’s (NREL’s) Regional Energy Deployment System (ReEDS) model. ReEDS is a capacity expan- sion model that simulates the construction and operation of generation and transmission capacity to meet electricity demand. In addition to the ReEDS model, other methods are applied to analyze and quantify additional impacts. Modeling analysis is focused on the Wind Vision Study Scenario (referred to as the Study Scenario) and the Baseline Scenario. The Study Scenario is defined as wind penetration, as a share of annual end-use electricity demand, of 10% by 2020, 20% by 2030, and 35% by 2050. In contrast, the Baseline Scenario holds the installed capacity of wind constant at levels observed through year-end 2013. -
Secure Fuels from Domestic Resources ______Profiles of Companies Engaged in Domestic Oil Shale and Tar Sands Resource and Technology Development
5th Edition Secure Fuels from Domestic Resources ______________________________________________________________________________ Profiles of Companies Engaged in Domestic Oil Shale and Tar Sands Resource and Technology Development Prepared by INTEK, Inc. For the U.S. Department of Energy • Office of Petroleum Reserves Naval Petroleum and Oil Shale Reserves Fifth Edition: September 2011 Note to Readers Regarding the Revised Edition (September 2011) This report was originally prepared for the U.S. Department of Energy in June 2007. The report and its contents have since been revised and updated to reflect changes and progress that have occurred in the domestic oil shale and tar sands industries since the first release and to include profiles of additional companies engaged in oil shale and tar sands resource and technology development. Each of the companies profiled in the original report has been extended the opportunity to update its profile to reflect progress, current activities and future plans. Acknowledgements This report was prepared by INTEK, Inc. for the U.S. Department of Energy, Office of Petroleum Reserves, Naval Petroleum and Oil Shale Reserves (DOE/NPOSR) as a part of the AOC Petroleum Support Services, LLC (AOC- PSS) Contract Number DE-FE0000175 (Task 30). Mr. Khosrow Biglarbigi of INTEK, Inc. served as the Project Manager. AOC-PSS and INTEK, Inc. wish to acknowledge the efforts of representatives of the companies that provided information, drafted revised or reviewed company profiles, or addressed technical issues associated with their companies, technologies, and project efforts. Special recognition is also due to those who directly performed the work on this report. Mr. Peter M. Crawford, Director at INTEK, Inc., served as the principal author of the report. -
The Potential for Combined Heat and Power in Massachusetts
The Potential for Combined Heat and Power in Massachusetts Lauren Mattison and Dragoljub Kosanovic, University of Massachusetts Amherst ABSTRACT Use of combined heat and power (CHP) can benefit both the user and society by providing benefits to the economy, the environment and energy security. This study investigated the potential for use of CHP in Massachusetts. Research identified 120 existing CHP systems in the commercial/institutional, industrial and multifamily residential sectors in the state, with total electrical capacity of 375 MW and average system size of 3.1 MW. Technical potential for new CHP installations was determined using current average energy consumption and hours of operation for each facility type, and was based on existing CHP technologies. The remaining technical potential for CHP in Massachusetts was found to be more than 4,700 MW at 18,500 sites, with an average system size of 256 kW. The majority of the potential is in small systems of 50-500 kW in commercial/institutional buildings. The only area in which there has been significant market penetration to date is large systems of at least 5 MW. Reducing congestion of the electric grid and lowering the overall cost of energy with increased use of CHP would be particularly beneficial in Massachusetts where electricity rates are among the highest in the country. By reporting the current status of CHP in the state, considering the facility types best suited for CHP and estimating the size of the potential market, this study lays the groundwork for further analysis and development of CHP technology and policy in Massachusetts. -
Science for Energy Technology: Strengthening the Link Between Basic Research and Industry
ďŽƵƚƚŚĞĞƉĂƌƚŵĞŶƚŽĨŶĞƌŐLJ͛ƐĂƐŝĐŶĞƌŐLJ^ĐŝĞŶĐĞƐWƌŽŐƌĂŵ ĂƐŝĐŶĞƌŐLJ^ĐŝĞŶĐĞƐ;^ͿƐƵƉƉŽƌƚƐĨƵŶĚĂŵĞŶƚĂůƌĞƐĞĂƌĐŚƚŽƵŶĚĞƌƐƚĂŶĚ͕ƉƌĞĚŝĐƚ͕ĂŶĚƵůƟŵĂƚĞůLJĐŽŶƚƌŽů ŵĂƩĞƌĂŶĚĞŶĞƌŐLJĂƚƚŚĞĞůĞĐƚƌŽŶŝĐ͕ĂƚŽŵŝĐ͕ĂŶĚŵŽůĞĐƵůĂƌůĞǀĞůƐ͘dŚŝƐƌĞƐĞĂƌĐŚƉƌŽǀŝĚĞƐƚŚĞĨŽƵŶĚĂƟŽŶƐ ĨŽƌŶĞǁĞŶĞƌŐLJƚĞĐŚŶŽůŽŐŝĞƐĂŶĚƐƵƉƉŽƌƚƐKŵŝƐƐŝŽŶƐŝŶĞŶĞƌŐLJ͕ĞŶǀŝƌŽŶŵĞŶƚ͕ĂŶĚŶĂƟŽŶĂůƐĞĐƵƌŝƚLJ͘dŚĞ ^ƉƌŽŐƌĂŵĂůƐŽƉůĂŶƐ͕ĐŽŶƐƚƌƵĐƚƐ͕ĂŶĚŽƉĞƌĂƚĞƐŵĂũŽƌƐĐŝĞŶƟĮĐƵƐĞƌĨĂĐŝůŝƟĞƐƚŽƐĞƌǀĞƌĞƐĞĂƌĐŚĞƌƐĨƌŽŵ ƵŶŝǀĞƌƐŝƟĞƐ͕ŶĂƟŽŶĂůůĂďŽƌĂƚŽƌŝĞƐ͕ĂŶĚƉƌŝǀĂƚĞŝŶƐƟƚƵƟŽŶƐ͘ ďŽƵƚƚŚĞ͞ĂƐŝĐZĞƐĞĂƌĐŚEĞĞĚƐ͟ZĞƉŽƌƚ^ĞƌŝĞƐ KǀĞƌƚŚĞƉĂƐƚĞŝŐŚƚLJĞĂƌƐ͕ƚŚĞĂƐŝĐŶĞƌŐLJ^ĐŝĞŶĐĞƐĚǀŝƐŽƌLJŽŵŵŝƩĞĞ;^ͿĂŶĚ^ŚĂǀĞĞŶŐĂŐĞĚ ƚŚŽƵƐĂŶĚƐŽĨƐĐŝĞŶƟƐƚƐĨƌŽŵĂĐĂĚĞŵŝĂ͕ŶĂƟŽŶĂůůĂďŽƌĂƚŽƌŝĞƐ͕ĂŶĚŝŶĚƵƐƚƌLJĨƌŽŵĂƌŽƵŶĚƚŚĞǁŽƌůĚƚŽƐƚƵĚLJ ƚŚĞĐƵƌƌĞŶƚƐƚĂƚƵƐ͕ůŝŵŝƟŶŐĨĂĐƚŽƌƐ͕ĂŶĚƐƉĞĐŝĮĐĨƵŶĚĂŵĞŶƚĂůƐĐŝĞŶƟĮĐďŽƩůĞŶĞĐŬƐďůŽĐŬŝŶŐƚŚĞǁŝĚĞƐƉƌĞĂĚ ŝŵƉůĞŵĞŶƚĂƟŽŶŽĨĂůƚĞƌŶĂƚĞĞŶĞƌŐLJƚĞĐŚŶŽůŽŐŝĞƐ͘dŚĞƌĞƉŽƌƚƐĨƌŽŵƚŚĞĨŽƵŶĚĂƟŽŶĂůĂƐŝĐZĞƐĞĂƌĐŚEĞĞĚƐƚŽ ƐƐƵƌĞĂ^ĞĐƵƌĞŶĞƌŐLJ&ƵƚƵƌĞǁŽƌŬƐŚŽƉ͕ƚŚĞĨŽůůŽǁŝŶŐƚĞŶ͞ĂƐŝĐZĞƐĞĂƌĐŚEĞĞĚƐ͟ǁŽƌŬƐŚŽƉƐ͕ƚŚĞƉĂŶĞůŽŶ 'ƌĂŶĚŚĂůůĞŶŐĞƐĐŝĞŶĐĞ͕ĂŶĚƚŚĞƐƵŵŵĂƌLJƌĞƉŽƌƚEĞǁ^ĐŝĞŶĐĞĨŽƌĂ^ĞĐƵƌĞĂŶĚ^ƵƐƚĂŝŶĂďůĞŶĞƌŐLJ&ƵƚƵƌĞ ĚĞƚĂŝůƚŚĞŬĞLJďĂƐŝĐƌĞƐĞĂƌĐŚŶĞĞĚĞĚƚŽĐƌĞĂƚĞƐƵƐƚĂŝŶĂďůĞ͕ůŽǁĐĂƌďŽŶĞŶĞƌŐLJƚĞĐŚŶŽůŽŐŝĞƐŽĨƚŚĞĨƵƚƵƌĞ͘dŚĞƐĞ ƌĞƉŽƌƚƐŚĂǀĞďĞĐŽŵĞƐƚĂŶĚĂƌĚƌĞĨĞƌĞŶĐĞƐŝŶƚŚĞƐĐŝĞŶƟĮĐĐŽŵŵƵŶŝƚLJĂŶĚŚĂǀĞŚĞůƉĞĚƐŚĂƉĞƚŚĞƐƚƌĂƚĞŐŝĐ ĚŝƌĞĐƟŽŶƐŽĨƚŚĞ^ͲĨƵŶĚĞĚƉƌŽŐƌĂŵƐ͘;ŚƩƉ͗ͬͬǁǁǁ͘ƐĐ͘ĚŽĞ͘ŐŽǀͬďĞƐͬƌĞƉŽƌƚƐͬůŝƐƚ͘ŚƚŵůͿ ϭ ^ĐŝĞŶĐĞĨŽƌŶĞƌŐLJdĞĐŚŶŽůŽŐLJ͗^ƚƌĞŶŐƚŚĞŶŝŶŐƚŚĞ>ŝŶŬďĞƚǁĞĞŶĂƐŝĐZĞƐĞĂƌĐŚĂŶĚ/ŶĚƵƐƚƌLJ Ϯ EĞǁ^ĐŝĞŶĐĞĨŽƌĂ^ĞĐƵƌĞĂŶĚ^ƵƐƚĂŝŶĂďůĞŶĞƌŐLJ&ƵƚƵƌĞ ϯ ŝƌĞĐƟŶŐDĂƩĞƌĂŶĚŶĞƌŐLJ͗&ŝǀĞŚĂůůĞŶŐĞƐĨŽƌ^ĐŝĞŶĐĞĂŶĚƚŚĞ/ŵĂŐŝŶĂƟŽŶ ϰ ĂƐŝĐZĞƐĞĂƌĐŚEĞĞĚƐĨŽƌDĂƚĞƌŝĂůƐƵŶĚĞƌdžƚƌĞŵĞŶǀŝƌŽŶŵĞŶƚƐ ϱ ĂƐŝĐZĞƐĞĂƌĐŚEĞĞĚƐ͗ĂƚĂůLJƐŝƐĨŽƌŶĞƌŐLJ -
Use of Environmental Management Systems and Renewable Energy Sources in Selected Food Processing Enterprises in Poland
energies Article Use of Environmental Management Systems and Renewable Energy Sources in Selected Food Processing Enterprises in Poland Stanisław Bielski 1 , Anna Zieli ´nska-Chmielewska 2 and Renata Marks-Bielska 3,* 1 Faculty of Agriculture and Forestry, University of Warmia and Mazury in Olsztyn, M. Oczapowskiego 8, 10-719 Olsztyn, Poland; [email protected] 2 Institute of Economics, Pozna´nUniversity of Economics and Business, Al. Niepodległo´sci10, 61-875 Pozna´n,Poland; [email protected] 3 Faculty of Economic Sciences, University of Warmia and Mazury in Olsztyn, M. Oczapowskiego 4, 10-719 Olsztyn, Poland * Correspondence: [email protected] Abstract: The issue of environmental management systems in food processing companies is gaining importance due to the need to reduce water withdrawal, wastewater, air emissions, and waste generation. New technological solutions and innovations can reduce the negative effects of the enterprises’ production facilities on the environment. In Poland, the phenomenon of increasing use of the amount of renewable energy sources is influenced by, e.g., adopted national and EU legislation, development of new technologies in the field of energy, and increasing awareness of producers and consumers in the field of ecology and environmental protection. It is also important that the state creates favorable conditions for the use of renewable energy in micro-installations. Citation: Bielski, S.; The application goal of the study is to develop a procedure for improvement of the environmental Zieli´nska-Chmielewska,A.; management systems for food processing companies and increase the awareness of potential use and Marks-Bielska, R. Use of implementation of renewable energy sources by food processing entities.