On the verge of Tuesday’s official start of winter, it seemed like the season had already gotten off to a strong start last week but was tending to recede a bit. However, except for some fairly big slides from last week’s $10-plus heights in the Northeast, most points registered moderate increases Monday.
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Oil/Gas Drilling Technology Helps Geothermal Power
Geothermal technology advances are in the works with some of them coming as an offshoot of oil/gas drilling advancements, and this renewable resource sector is on the verge of a big job creation spurt as a result, according to a report released Friday by the Geothermal Energy Association (GEA) at the start of its annual trade expo in Sacramento, CA.
Outlook: FutureGen Prepares For a New Life
The Department of Energy (DOE) may have shelved the FutureGen project last year, but the clean coal initiative is not dead, and it may, in fact, be on the verge of a rebirth, according to FutureGen Alliance spokesman Lawrence Pacheco.
Cold Snap Boosts Prices at All Points; NYC Hits $27
On the verge of a long holiday weekend that would feature severe winter cold in nearly all areas, prices made substantive gains across the board Friday. Transco’s Zone 6-New York City pool saw quotes run as high as $27 and recorded an average increase of more than $11 as multi-dollar spikes at Northeast citygates led the cash market uprising.
Moderating Temperatures Drive Cash Prices Lower
Prices reacted to heating load either already fading or being on the verge of fading in several market areas by dropping at nearly every point Wednesday. Declines ranged from a little less than 15 cents to around $1.25, with the biggest losses generally concentrated in the Midcontinent/Midwest, Texas Gulf Coast and Northeast.
Most Dips Sizeable in Across the Board Softness
Having lost prior-day screen support Monday and being on the verge of losing some cooling load in the Great Lakes market area Wednesday, prices fell across the board Tuesday. The fact that an expected warming trend in the Northeast is slow in developing also contributed to a bearish cash market mood.
Overhaul of Alberta’s Deregulated Gas, Power Markets to Broaden Retail Choice
Alberta’s energy marketplace is on the verge of a major overhaul to both its deregulated natural gas and power markets, which, among other things, would converge electricity and gas plans, allow long-term contracts for the retail market, and provide pool price flow-through for power and monthly spot prices “in perpetuity” for gas. With a draft approved already by government and stakeholder groups, the proposals will be considered by the Alberta legislature next spring.
Overhaul of Alberta’s Deregulated Gas, Power Markets to Broaden Retail Choice
Alberta’s energy marketplace is on the verge of a major overhaul to both its deregulated natural gas and power markets, which, among other things, would converge electricity and gas plans, allow long-term contracts for the retail market, and provide pool price flow-through for power and monthly spot prices “in perpetuity” for gas. With a draft approved already by government and stakeholder groups, the proposals will be considered by the Alberta legislature next spring.
Consolidation Predicted For Online Trading
The energy online marketplace is crowded, confused and on theverge of shaking out and consolidating, according to three whoshould know, two CEOs of successful trading platforms and a Nymexexecutive, who last week shared their predictions at the EnergyRiskTech Conference in Houston.
Consolidation Predicted for Online Trading
The energy online marketplace is crowded, confused and on theverge of shaking out and consolidating, according to three whoshould know, two CEOs of successful trading platforms and a Nymexexecutive, who yesterday shared their predictions at the EnergyRiskTech Conference in Houston.