EnerKnol Blog - Company News and Stories from our Team

Oct232018

EnerKnol’s Visual Primer – Mid Atlantic Power Market Gears Up for Reforms as Debate Over Subsidized Resources Intensifies

PJM Interconnection LLC is at the crossroads for capacity market reforms as participation of sources receiving out-of-market state revenues continues to grow. Significant debate around the issue of price suppression from subsidized resources culminated in the Federal Energy Regulatory Commission's invalidation of PJM’s capacity market rules. Several states have opposed the premise arguing that the threat from subsidies is overstated and sweeping changes would unlawfully intrude on state energy policies. Following the FERC directive which rejected PJM’s changes proposed in April, the grid operator on Oct. 2 unveiled a plan which would address price distortion while advancing state policy interests.

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October 23, 2018

Oct162018

EnerKnol’s Visual Primer – U.S. Natural Gas is Reshaping Global Markets and Domestic Power Generation

The U.S. shale revolution which kicked off a decade ago ushered in a new era for natural gas which has reshaped the power grid overtaking coal as the dominant source of electricity generation and established a thriving market for liquefied natural gas exports. The U.S. has remained the world's top producer of natural gas since 2009, and natural gas accounts for a third of all U.S. electricity generation. Last year, the U.S. became a net natural gas exporter for the first time in almost 60 years. The trend is expected to continue with growing production, increasing export capacity, and expanding gas infrastructure.

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October 16, 2018

Oct22018

EnerKnol’s Visual Primer – Surging Crude Exports Boost U.S. Role in Global Market

U.S. crude oil exports are growing and reaching an increasing number destinations since the removal of the export ban in December 2015. Exports almost doubled from 2016 to 2017, thanks to growing U.S. production, expansions in pipeline and export infrastructure, and a wider discount of the domestic crude oil prices to international prices. U.S. production surpassed that of Russia in June and August, for the first time since 1999, after beating Saudi Arabia in February. Several pro-oil policies implemented recently by the Trump Administration seek to continue the bullish trend.

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October 2, 2018

Sep252018

EnerKnol’s Visual Primer – California’s 100 Percent Zero-Carbon Goal Hinges on Energy Storage

California has enacted legislation that reinforces the state’s clean energy leadership with a goal of procuring 100 percent of the state’s electricity from renewable and zero-carbon resources by 2045. California’s move is historic in that it represents the world’s fifth-largest economy having established a renown in the international climate arena. The Golden State has accelerated the growth of its solar and wind industries but success likely depends on whether storage systems can supplant natural gas that provides about a third of the state’s electricity. Earlier this year, California became the first U.S. state to mandate solar rooftop panels on new homes. To achieve its 2030 goal of five million zero emission vehicles, California recently enacted a law to assess charging infrastructure buildout.

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September 25, 2018

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EnerKnol’s Visual Primer – Mid Atlantic Power Market Gears Up for Reforms as Debate Over Subsidized Resources Intensifies

EnerKnol’s Visual Primer – U.S. Natural Gas is Reshaping Global Markets and Domestic Power Generation

EnerKnol’s Visual Primer – Surging Crude Exports Boost U.S. Role in Global Market

EnerKnol’s Visual Primer – California’s 100 Percent Zero-Carbon Goal Hinges on Energy Storage