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Utility Dive
Peter Maloney
October 15, 2018

Sometimes wind dominates the ERCOT market, but gas-fired generation and coal still play an important role in Texas. In 2017, gas-fired generation supplied nearly 39% of ERCOT's power, compared with 32% from coal and nearly 17.5% from wind. In terms of capacity, natural gas generation comprises 53% of the mix and wind 22%. ERCOT's interconnection queue, however, "is heavily focused on wind, and that's going to be tricky for them," Brian McIntosh, product director for market analytics at Genscape, an energy sector research and analytics company, told Utility Dive. "The question becomes how much reliance on wind is sustainable in the short term," McIntosh said. Right now, Texas has a lot of gas-fired generation available, as well as a "decent" amount of coal-fired generation. "I wouldn't be surprised if those coal plants stick around," McIntosh said, as they could remain profitable if prices rise.

Passenger Ship Technology
Rebecca Moore
October 12, 2018

Indeed, there was a focus on improving safety in developing countries, where Indonesia Ferry Association head Kemal Heryandri spoke of the need to boost safety in the country. Mr Corrigan singled out Indonesia as a country Interferry wanted to help. Genscape Vesseltracker’s David Hewson also singled out how AIS could boost safety and prevent many incidents in developing countries. The company has teamed up with Worldwide Ferry Safety Association to carry out an AIS pilot in Bangladesh. The focus was also on the global maritime sector, with several sessions, including a presentation of CSO Alliance’s plans for a ferry-specific security alliance between ferry ports and ferry operators.

New York Times
Stanley Reed, Journalist
October 08, 2018

There are several entrants in the game of using technology to provide oil traders an edge. Genscape, for instance, a more established company based in the United States, sends helicopters to photograph key facilities like the storage tank farms in Cushing, Okla., which are a bellwether of the United States oil markets. The goal is to estimate how much oil is in the tank and tip clients in advance of the weekly data released on Wednesdays by the United States government. The company also maintains large numbers of sensors to check on flows through facilities like pipelines. It even mounted cameras near the California manufacturing plant of the electric car company Tesla to try to determine how many vehicles were coming off the line. “We create our own intelligence,” said Clay Seigle, managing director for oil at the company. Both Kayrros and Genscape have substantial staffs and presumably charge accordingly for their products, though they declined to disclose their fees.

Bloomberg
Jack Kaskey, Reporter
October 05, 2018

Until prices stabilize, companies have a few options to mitigate the damage, said Anne B. Keller, Genscape Inc.’s product director for natural gas liquids. Some ethylene producers can switch to other energy feedstocks that are now more competitive after ethane’s price spike. Companies with new plants coming online can delay start up, and some are pulling back production at existing plants, Keller said. Eastman has temporarily idled an ethylene plant in Longview, Texas, said spokeswoman Tracy Kilgore Addington. Chevron Phillips reduced output at ethylene plants at two Texas plants, according to Keller. The company declined to comment. DowDuPont didn’t respond to a request for comment. It will take a while until ethane supply and demand are balanced again, Keller said. “We’ll be in a lot better shape next year,” she said, “but it could be end of the year.”

Bloomberg
Chris Martin. Reporter
October 05, 2018

The Gentleman plant has 1,365 megawatts of capacity, and burns as much as 800 tons of coal an hour when running at full strength. That’s not as common as it used to be. In April, the plant’s average daily output fell to 201 megawatts, about 15 percent of its total capacity, according to data compiled by Bloomberg. It hasn’t exceeded 1,300 megawatts since the beginning of the year. The facility is almost four decades old, and the swings in output can tax the equipment, Spencer said. The state-owned utility is seeking to minimize the impact, including replacing parts more frequently and scheduling inspections more often. It’s either that or shut down for good. Almost 40 percent of the U.S. coal fleet has been shuttered or targeted for closure since 2010, either because they’re no longer profitable to run or require significant investments to meet environmental rules, according to the American Coalition for Clean Coal Electricity, a trade-group that represents utilities and mining companies. “It’s very difficult for coal to compete in states like Nebraska and Iowa and North Dakota, where wind energy can reach over 50 percent of supplies,” said Todd Hagist, an analyst at Genscape. “This trend is spreading and it’s permanent. Wind isn’t going away.”

Bloomberg
Robert Tuttle, Reporter
October 02, 2018

When Western Canadian Select's discounts widened to $30 a barrel early this year on the back of a pipeline outage, companies including Cenovus Energy Inc. and Canadian Natural Resources Ltd. said they were cutting some production or starting maintenance earlier than planned. Yet, with oil sands maintenance soon to wind down and further maintenance not planned until next spring, there is “no relief valve for the next two to four months,” according to Genscape analyst, Mike Walls.

Reuters
Devika Krishna Kumar, Jarrett Renshaw
September 25, 2018

North Dakota oil production hit a record 1.3 million barrels per day in July, outpacing pipeline capacity, forcing producers to discount crude and making it attractive for coastal buyers. The Dakota Access Pipeline, the key artery out of North Dakota, was nearly 100 percent full in August, according to energy industry intelligence service Genscape. Flows on the line, which runs from North Dakota to Illinois, are averaging just over 500,000 bpd, and further expansion is expected.

Reuters
Devika Krishna Kumar, Jarrett Renshaw
September 25, 2018

North Dakota oil production hit a record 1.3 million barrels per day in July, outpacing pipeline capacity, forcing producers to discount crude and making it attractive for coastal buyers. The Dakota Access Pipeline, the key artery out of North Dakota, was nearly 100 percent full in August, according to energy industry intelligence service Genscape. Flows on the line, which runs from North Dakota to Illinois, are averaging just over 500,000 bpd, and further expansion is expected.

The Fuse
Nick Cunningham
September 10, 2018

From the perspective of international oil and gas companies, the continuity of free trade access and unencumbered cross-border flows has been paramount, more important than any specifics. That is because the flows of oil and gas between the three countries party to NAFTA have increased dramatically since the original agreement was ratified in 1994, and the trade of oil and gas has particularly accelerated in the past decade. U.S. natural gas exports to Mexico have been rising quickly over the past few years, averaging 4.4 billion cubic feet per day (Bcf/d) in the first five months of 2018, more than double the levels seen as recently as 2014. According to Genscape, U.S. gas exports to Mexico actually jumped over 5 Bcf/d in July for the first time ever. New pipelines from the Eagle Ford shale in South Texas into Mexico have boosted shipments, as have interconnections within Mexico itself, allowing gas from Texas to reach further into Mexico’s western and southern regions.

Reuters
Julie Gordon, Rob Nickel
September 07, 2018

CN said on Wednesday that it had ordered an extra 60 locomotives from General Electric Co, adding to a previous deal for 200 locomotives over three years. The original order will now be completed in two years, and the additional 60 are due in 2020, CN spokesman Patrick Waldron said. Those locomotives will be used for energy transport, along with intermodal, coal and agricultural products. Western Canada’s crude inventories reached 36.3 million barrels for the week ending Aug. 31, a record level since Genscape began monitoring in 2010 as oil production expands faster than transport capacity, analyst Dylan White said.

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