Electricity
Maryland Renewable Energy Portfolio Standard (RPS) – Veto Override
Last week, the Maryland House and Senate voted to override Governor Larry Hogan’s 2016 veto of the 2016 Clean Energy Jobs bill. As a result, Maryland’s Renewable Energy Portfolio Standard (RPS) will increase from 20% in 2022 to 25% in 2020. The graph below shows the effect of the original RPS rule in blue overlaid…
Read MoreIn The News – Avalon Energy Services, LLC
In his year-end review titled, “Gas Industry Looks Optimistically at 2017,” PointLogic author Kevin Adler quotes our COO, Jim McDonnell. Scroll down to the bottom of the report which you can find here. The Avalon Advantage – Visit our website atwww.AvalonEnergy.US, email us at [email protected], or call us at 888-484-8096. Please feel free to share…
Read MoreSeparate Paths – Part 2
By Ana Rasmussen, Intern Our last blog post Separate Paths – Part 1looked at how electricity distribution costs have been rising since 2008 and many of our readers have had questions about just why this is happening. In order to explore this, and to try to get some answers, I dove in and analyzed seven…
Read MoreSeparate Paths – Part 1
By Ana Rasmussen, Intern Since the shale boom began in earnest during 2008, natural gas prices in the US wholesale market have fallen dramatically. Prices have hovered within the 2 to 6 dollar per million Btu (mmBtu) range over the last few years, with the prompt month NYMEX natural gas contract trading at a remarkably…
Read MoreNatural Gas and Electricity Are Parting Ways – Part 2
In our last article, Natural Gas and Electricity Are Parting Ways – Part 1, we explored the weakening correlation between wholesale natural gas prices and electricity prices in the Mid-Atlantic. While natural gas prices have fallen dramatically over the past seven years, and electricity prices have fallen as well, electricity prices have not fallen as…
Read MoreNatural Gas and Electricity Are Parting Ways – Part 1
In recent articles, we have explored the dramatic decline in natural gas prices over the past seven years. See These Are Days To Remember and10,000 Maniacs Were Right. In the US Mid-Atlantic, natural gas and electricity prices have, over time, tended to move together. While there has by no means been a perfect correlation between…
Read MoreNatural Gas Market Update
The above graph looks at natural gas prices going back to January 1997. Natural gas prices have retreated from the Polar Vortex bump and remain relatively low by historical standards. The prices plotted above are not adjusted for inflation. If they were in 2014 dollars, the left side of the curve would be more elevated.…
Read MoreIn The News – Avalon Energy Services
Avalon Energy Services recently completed an electricity procurement project for KBS Capital Advisors’ One Washingtonian Center property in Gaithersburg, MD. Marc Deluca, Regional President of KBS, noted that “Electricity markets have exhibited extreme volatility. The folks at Avalon Energy Services have deep expertise and an unsurpassed understanding of the energy markets and how they work.…
Read MoreCapacity Factor – Part 2
In our previous article we looked at Capacity Factor and how it differs between nuclear generation and solar PV (photovoltaic). We concluded that in order to generate the same amount of electricity as 1/3 of the capacity of the US nuclear generation fleet (33,042 MW), 154,760 MW of solar PV capacity would be required. This…
Read MoreCapacity Factor
In a recent article in the Energy Law Journal, the authors state, By as early as 2016, installed distributed solar PV capacity in the United States could reach thirty gigawatts (GW). If that forecast is on track, distributed solar generation will have increased from less than one GW in 2010 to the equivalent of nearly…
Read More