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England Power Lines
Victor Laurent, Product Specialist, European Power
September 11, 2018
In March 2019, the UK is due to leave the EU, raising a concern for experts who believe that a “hard Brexit” or “no-deal exit” would also mean that they pull out from the Internal Electricity Market (IEM). The IEM allows electricity to be traded and transmitted seamlessly across...
oil rig used for drilling oil in gulf of mexico
Lee Williams and Rob Bickhart, Crude Oil Analysts
September 04, 2018
Tropical Storm Gordon is expected to make landfall on September 4 over the lower Mississippi Valley. Meteorologists expect the storm to become a category one hurricane, bringing heavy rainfall, high winds and potentially three to five feet of storm surge to the region. A little more than a year after...
Maersk Shipping
Genscape Maritime
August 30, 2018
With climate change reducing the amount of sea ice, the Northern Sea Route (NSR) is becoming an attractive course for maritime shipping. In the past few years, more oil and natural gas carriers are leveraging the route as a quicker path to Europe and Asia. The latest passage trend recently sparked the...
Unplanned nuclear outage in France sparks fear
Victor Laurent, Product Specialist, European Power
August 29, 2018
During the week ending August 24, new unplanned extensions of French nuclear outages that began in July ignited fear in surrounding markets. The unplanned outages are set to impact 2.37 TWh of nuclear output between 20 August and 19 September, according to Platts estimates. This news came with tight...
David Arno, Senior Analyst, Genscape Oil
August 29, 2018
Western Canadian crude-by-rail is set to continue reaching record highs in the near future as regional crude production continues to increase and extra pipeline takeaway capacity remains years away. Genscape added two new rail terminals in Western Canada to capture more of those crude liftings in the...
Ricardo Falcon, Regional Director, Mexico Power
August 23, 2018
Hot temperatures and a tightly committed supply stack are the main drivers behind the record-high power prices, demand peaks, and system energy costs seen across Mexico this summer. With strong and volatile network congestion in both the upper grid and the Peninsular area, it makes for an interesting season...
Suzanne Danforth, Callie Minor and Colin Halling, Genscape Oil
August 23, 2018
U.S. distillate inventories fell to historic lows in August despite record-high crude runs and normal distillate production. A combination of record-level U.S. distillate exports in June, coupled with continued year-on-year growth in U.S. Gulf Coast (PADD 3) diesel demand, depleted supplies in the Gulf Coast...
oil refinery
Rob Bickhart, Crude Oil Analyst
August 23, 2018
U.S. Refinery Fall 2018 Turnaround Season This summer, United States refineries operated just shy of record highs, running close to 100 percent utilization rates. Refineries reached a new record-high gross input value of 18.243mn bpd for week ending August 10. The record-high run rate pushed utilization...
coal fired power station
Victor Laurent, Product Specialist, European Power
August 22, 2018
European carbon futures rallied above EUR 18/ton week ending August 17, 2018, for the first time since November 2011, according to the Intercontinental Exchange. This comes after years of permits trading well below EUR 10/ton in the aftermath of the 2007-08 financial crisis, combined with an underlying...
Retail Energy Strategy
Trevor Safko, Analyst, GP Energy Management
August 22, 2018
One of the foundational attributes of deregulated electricity markets is consumer choice. Retail Electric Providers (REPs) offer end-users choice in how they source the power flowing into their homes and businesses. Historically, technical metering limitations, Electronic Data Interchange (EDI) support and...