Posts by Avalon Energy Services
Shale We Review the 2010s?
By Evelyn Teel and Jim McDonnell With the decade coming to a close, this is a perfect opportunity to look back at how the energy market has changed over the past ten years. It has certainly been a whirlwind ride, starting shortly after the 2008 stock market crash and continuing through the Great Recession and…
Read MoreWind Power, Transmission Lines, and a Vision for a Better Electric Grid
By Evelyn Teel Wind energy is an incredible resource with incredible potential. The generation costs are low, the efficiency of turbines continues to increase, and the threat to birds continues to decline. An unfortunate irony, however, is that the places with the most prolific wind energy tend to be places with relatively little demand for…
Read MoreMaryland Renewable Energy Portfolio Standard – A Lot of Change for No Action
During this year’s legislative session, the Maryland General Assembly passed the Maryland Clean Energy Jobs Act. Maryland’s governor, Larry Hogan, then had until 30 days after the legislative session (i.e., until May 30) to sign the bill, veto the bill, or take no action. By taking no action, the bill would automatically become law. The…
Read MoreAvalon Energy Services Turns 10 Years Old This Month
Late 2008/early 2009 was an unsettling time. Bear Stearns was bailed out, Lehman Brothers went bankrupt, the housing market collapsed, credit markets were frozen, the stock market fell more than 40%, the unemployment rate was approaching 10%, and energy markets were in turmoil. The Great Recession was underway. Despite this uncertainty, during April of 2009,…
Read MoreNew England Electricity Rates: Quite a Difference
By Jim McDonnell and Evelyn Teel, Avalon Energy Services, LLC Compared to the rest of the United States, electricity prices in New England are high. Nothing surprising there. So, just how expensive are they? Well, it depends. And, the surprising part is which utility, in one comparison, has the lowest rates. First, some background. Eversource…
Read MorePropane and Natural Gas – Birds of a Feather Not Flying Together
Propane is a versatile source of energy common in rural areas that are “beyond the main” of utility natural gas service. It is often used for home space and water heating and cooking, as well as for agricultural uses such as crop drying, irrigation pump fueling, space heating in green houses, pig and poultry brooding,…
Read MoreElectricity, meet Rock
For several years, the U.S. Geological Survey (USGS) has been investigating the potential effects of intense geomagnetic storms on electric utility infrastructure. In 2016 they concluded, “A severe geomagnetic storm could disrupt the nation’s power grid for months, potentially leading to widespread blackouts. Resulting damage and disruption from such an event could cost more than…
Read MoreFuture of Bethesda: Building the Area’s Identity & Investing in its Growth
And there is more. Avalon Energy Services is pleased to announce it will co-sponsor Bisnow’s July 26 educational networking event, “Future of Bethesda: Building the Area’s Identity & Investing in its Growth.” Topics to be discussed include: How can you capitalize on the growth promised by the Marriott headquarters and hotel? What type of tenant…
Read MoreBaltimore-Washington Industrial & Logistics Forecast
Avalon Energy Services is pleased to announce it is co-sponsoring Bisnow’s July 24 educational networking event, “Baltimore-Washington Industrial & Logistics Forecast: How Quickly is the Market Actually Growing and Can You Capitalize on It?” Topics to be discussed include: With more and more companies adapting to an e-commerce model, are they prepared for the industrial…
Read MoreNatural Gas Market Update, June 2018
Natural gas prices remain low and below their declining 21-year trend. See graph below. The prices presented here are for delivery at the Henry Hub in Southern Louisiana. Natural gas prices in other producing areas of the US, such as Northeastern Pennsylvania, the Permian Basin, and the Williston Basin, are significantly lower. The prices here…
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