Locator: 48402CA_WIND.
Don't underestimate the Californians. Money is no object if they get a crazy idea. Exhibit A? The Bullet Train.
Locator: 48402CA_WIND.
Updates
August 15, 2020: The WSJ noted the power outages.
On Friday, the California Independent System Operator, which manages the state’s power grid, called for rotating outages throughout the state for the first time since 2001.
The system operator lifted the Stage 3 electrical emergency a few hours later, but only after PG&E Corp, one of the state’s largest utilities, had begun to cut power to about 220,000 customers. Service had been restored by late Friday night.
Original Post
If you put this in context of California wanting to put a gazillion EVs on the road, all requiring a gazillion gigawatts of electricity, this is truly the biggest story of the week.
From a reader:
Rotating power outages in southern California today. Notice how close we came to maxing out today. Also NO WIND to speak of and SOLAR disappears as sunset arrives. Look at the curves at the bottom of this Supply page.
The screenshot was taken from ISO California at the time the state was going through rotating power outages in southern California.
Wind is practically non--existent, and solar -- remember all those roof-top solar panels at great expense -- and this is in the sunniest state in the union.
| Pool | Date | Days | BBLS Oil | Runs | BBLS Water | MCF Prod | MCF Sold | Vent/Flare |
|---|---|---|---|---|---|---|---|---|
| BAKKEN | 4-2019 | 30 | 5145 | 5064 | 12051 | 7270 | 4321 | 2566 |
| BAKKEN | 3-2019 | 23 | 4344 | 4553 | 9897 | 6399 | 5856 | 300 |
| BAKKEN | 2-2019 | 28 | 11367 | 11336 | 26133 | 16559 | 15702 | 486 |
| BAKKEN | 1-2019 | 31 | 12548 | 12603 | 35977 | 17640 | 15723 | 1507 |
| BAKKEN | 12-2018 | 31 | 11854 | 11770 | 41824 | 14026 | 10550 | 3069 |
| BAKKEN | 11-2018 | 12 | 2557 | 2172 | 10359 | 2536 | 2438 | 0 |
| BAKKEN | 10-2018 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| BAKKEN | 9-2018 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| BAKKEN | 8-2018 | 28 | 625 | 780 | 685 | 1667 | 1309 | 0 |
| BAKKEN | 7-2018 | 31 | 798 | 845 | 867 | 2148 | 1738 | 0 |
Texas: almost 10 percent of installed wind capacity can be included as dispatchable, what they refer to as ELCC, effective load-carrying capability.
This (8.7 percent) is presently at 920 MW out of an installed base of 12,000 MW wind energy.
Note: comparable posting for the German grid concluded that Germany now (2018) having sufficient wind capacity to supply all their needed power under optimum conditions that the "substitution factor" for additional wind was 5% (the amount of conventional base load that could be retired. That is, 1000 MW of further wind addition enables shutting down 50 MW of conventional power).This is the kind of "stuff" that:
Californians like to think they show the rest of the country the way to a clean energy future.
Inconveniently, utility power purchase agreements (PPAs), which have been the principal economic model for renewable energy in the state, face legal collapse within two weeks.
The PPA crisis is one of the consequences of the bankruptcy of Pacific Gas & Electric, the state’s largest utility. The immediate cause of PG&E’s filing on January 29 was the weight of its prospective liabilities for billions in wildfire damages allegedly caused by its transmission equipment.
The company took the opportunity afforded by the bankruptcy court’s protection to “reject” more than $30bn of its high-cost, long-term PPAs for renewable energy. With the support of the Federal Energy Regulatory Commission (FERC), PG&E’s renewables suppliers are fighting the company’s attempt to default on its obligations. So far PG&E appears to have the support of the judge, Dennis Montali.
On April 10, he announced that he would give PG&E and its PPA counterparties until May 3 to agree a resolution. Judge Montali stressed his concern about the practical effects of PPA rejection. These will not include any sudden termination of electricity supply, or of payments that would cover operations and maintenance costs. But the “morning after” will be a world-class hangover for investors in wind and solar. No one seems to believe a compromise will be reached: there is too much precedent and financial leverage at stake. Almost certainly, the case will wend its way through the courts for years.
Quite possibly it will reach the Supreme Court. There, the conservative majority is known to be sceptical of the powers of regulatory agencies such as FERC. That is probably not good for the renewables people, since in this case FERC is their friend. Until now, the apparent certainty provided by PPAs, made with consumer-facing electric utilities, has given the independent renewable energy industry its financial basis.
The high fixed costs of wind and solar generation could be amortised with 15 or 20 years of secure revenue flows from state-regulated monopolies. As clean-energy mandates became more demanding, unit costs of wind and solar declined with improving technology and economies of scale. While that progress turned wind and solar into mainstream industries, it made older contracts less attractive. In PG&E’s case, though, the rapid lowering of the cost of renewables contributed to the undoing of its financial model.
PG&E and the other California utilities lost much of their profitable peak-demand revenue to rooftop solar installations. Their answer was to increase charges to remaining customers, who responded by subscribing to “direct access” and “community choice aggregation” programmes — allowing them to bypass at least part of the utilities’ rising rates. As more power supplies came from mandated renewables with low-to-zero marginal costs, gas-fired power producers were unable to cover their cost of capital. But PG&E and the other California utilities still relied on the gas-fired plants, along with hydro and imports from other states, to maintain reliable power.
With PG&E’s revenue squeezed, the company skimped on maintaining and improving its transmission grid. This may have contributed to the risk of wildfires, which eventually led to the bankruptcy. PG&E’s renewables counterparties felt the financial squeeze even before the company indicated its willingness to reject their contracts. Once the company formally rejects its old renewables PPAs, it is generally believed that it will be unable to back up new renewables contracts during or after the bankruptcy. Southern California Edison, the second-largest utility in the state, is also at risk of becoming an unreliable counterparty for long-term contracts due to its own potential liability for wildfire damages.
The state has recognised that its clean energy progress is seriously at risk.
Governor Gavin Newsom formed an advisory “strike force” to propose solutions to deal with wildfires and clean energy finance. On April 12 it came out with support for “new procurement support models, including a new state procurement entity that could enter into long-term (electricity) contracts”.
There is a history of state involvement in power purchases in California, and it is not an entirely happy one. PG&E filed for bankruptcy once before, in 2001. Out-of-state generators refused to give it commercial credit terms, and the state government had to step in to finance $6bn of hastily negotiated and expensive contracts.
Gray Davis, the governor at the time, lost his re-election bid, partly because of what was seen as his poor management of the energy crisis. So if, as seems likely, the PPA-based financing model has failed in California, it is not going to be easy to make the political case for direct state support. At the very moment there is increasing political pressure for 100 per cent renewable power, it is unclear how it can be paid for.
Besides having the most expensive electricity west of the Mississippi River in the continental U.S., California already has the least reliable electricity. California easily leads the nation with nearly 470 power outages a year, compared to 160 for second place Texas, which is really amazing because Texas produces 125% MORE electricity! California's reliability problems will be multiplied as more wind and solar enter the power mix, intermittent resources located in remote areas that cannot be so easily transported to cities via the grid.
It's crucial to remember that drought and less hydropower available in the Northwest was a determining factor in California's "2000-2001 Power Crisis" that cost the state $50 billion in added energy costs, illustrating the problems of California's over-reliance on outside energy (California also unsustainably imports over 90% of its natural gas, the nation's fastest growing major fuel, and the source that other states will increasingly lean upon most to meet the Clean Power Plan).For the archives. It's March. Three months to June.
The La Paloma natural gas plant in California filed for bankruptcy last December because it was not getting enough operating time to cover its costs due to solar and other renewable energy receiving preference.
The plant, which serves as back-up to the state’s renewable generating technologies, was also denied a reliability charge by the state that would have allowed it to continue to operate.
The owners project an annual loss of $39 million without a reliability contract or other support. In its bankruptcy filing, the plant owners listed assets of between $100 million and $500 million and liabilities of $500 million to $1 billion.[i] La Paloma is a 1200-megawatt merchant plant located 110 miles northwest of Los Angeles and is able to serve both the San Francisco and Los Angeles markets.
Not long after it became clear that the robust winds that blow down from the Rocky Mountains and across the sea of sagebrush here could produce plenty of profit in a world that wants more renewable energy, some of the more expansive minds in the Wyoming Legislature began entertaining a lofty question: Who owns all of that wind?
They concluded, quickly and conveniently, that Wyoming did.
Then, with great efficiency for a conservative state not traditionally tilted toward burdening the energy industry, they did something no other state has done, before or since: They taxed it.
In the four years since Wyoming began taxing power generated by wind turbines, it has collected a little less than $15 million in revenue.
No, that is not much money in a resource state rocked by the simultaneous decline in the prices of coal, oil and natural gas, a state trying to close a budget gap that could reach $500 million.
But now, as one of the world’s largest wind farms is about to begin construction here on a project aimed at providing clean electricity to nearly a million homes in California and the Southwest — potentially transforming this fossil fuel state into a major player in renewables — some powerful state lawmakers are looking to raise those taxes.
And some in the wind industry, which has long benefited from incentives and subsidies, say they are worried. The company that has spent nine years trying to build the wind project says higher taxes could further delay or even halt the plan.
“Just about every legislator we’ve met with asks us, ‘You tell us how much we can tax you before we put you out of business,’” said Bill Miller, chief executive of the Power Co. of Wyoming, which is planning the wind farm. “I just shake my head and say, ‘Zero.’
A giant wind farm in California’s southern San Joaquin Valley is blowing gusts through a faraway federal court, with tens of millions of dollars potentially up in the air.
Some of the wind farm’s early investors want more than $200 million in additional subsidies that they say the federal government owes them. Obama administration officials, in turn, argue that the government paid $59 million too much. This week, a judge sharpened the administration’s side of the sword, agreeing that the U.S. can try to retrieve some of the taxpayer dollars paid.
U.S. Court of Federal Claims Judge Thomas C. Wheeler said in a decision Monday that the Treasury Department could counter the claims from investors in the Alta Wind project, the largest wind farm in the United States.
The wind farm investors, Wheeler wrote, “have no guarantee of keeping the amounts that Treasury paid them.” He noted that “a refund always was a possibility given a proper understanding of the issues.” As a result, an upcoming trial will determine who owes money to whom.
Wheeler’s ruling seems an unexpected turn for the Alta Wind Facility, located in the Tehachapi Mountains of Kern County. When some of the Alta Wind investors first started suing in 2013 to get a bigger share of federal money, the possibility that they could be the ones owing $59 million did not appear to be on the table.
The Nevada Public Utilities Commission has voted to phase in higher rates for rooftop solar customers over a longer period of time than previously approved.
Regulators voted 3-0 on Friday to implement the new rates over 12 years, rather than four years.
Commissioners approved new rates in December for customers who use net metering, or sell excess energy from their solar panels back to the utility.
Regulators say the rates better reflect the declining cost of solar power and phase out a subsidy traditional energy customers pay to support a much-smaller group of rooftop solar customers.
And the vote wasn't even close: 3 - 0.Solar customers say it means their panels will take years more to pay off. Solar companies have responded by laying off employees and staging large protests outside PUC meetings.
Very interesting story unfolding this week in the U.S. energy sector; showing several twists emerging amongst the players in this space, old and new.
The Wall Street Journal broke the story Sunday that a new operator is breaking onto the scene in shale. Namely, billion-dollar Chinese property development company Yantai Xinchao. [Referred to as "Yankee Ka-Ching-Ka-Ching" in Beijing.]
According to filings, that firm has reached a deal to acquire a package of oil assets in west Texas. Few details were given on the properties -- but the price tag for purchase is significant, at around $1.3 billion.
The company did specify that this billion-dollar property package is located within Texas' Howard and Borden counties, an area that would put the assets within the shale oil hotbed of the Permian Basin.I try to track some of these deals over at "Asian Connections." While the government seems forever to approve the HAL-BHI merger, and killed the Keystone, it has no trouble approving the sale of crude oil assets to China.
The Egyptian officials said the aircraft was cruising at 36,000 feet when contact with the jet was lost. Flight-tracking service FlightRadar24 said the plane was losing altitude at about 6,000 feet per minute before the signal was lost, Reuters reported.
Amid the global economic turmoil and seesawing markets, millions of Americans have one overriding question: When will my pay increase arrive? The nation’s unemployment rate has fallen substantially since the end of the Great Recession, sliding to 5.1 percent from 10 percent in 2009, but wages haven’t accelerated upward, as many had expected.
In fact, the labor market is a lot softer than a 5.1 percent jobless rate would indicate. For one thing, the percentage of Americans who are working has fallen considerably since the recession began.
This disappearance of several million workers — as labor force dropouts they are not factored into the jobless rate — has meant continued labor market weakness, which goes far to explain why wage increases remain so elusive. End of story, many economists say.
But work force experts assert that economists ignore many other factors that help explain America’s stubborn wage stagnation.
Outsourcing, offshoring and imports exert a steady downward tug on wages. Labor unions have lost considerable muscle. Many employers have embraced pay-for-performance policies that often mean nice bonuses for the few instead of across-the-board raises for the many.
Peter Cappelli, a professor at the Wharton School of Business, noted, for instance, that many retailers give managers bonuses based on whether they keep their labor budgets below a designated ceiling.
"After -inflation wages have remained dismayingly flat since 2009." What year did President assume ... office ... oh, that's right. 2009.In recent years, wage increases, before factoring in inflation, have averaged about 2 percent annually. But real, after-inflation wages have remained dismayingly flat since 2009, according to the Bureau of Labor Statistics, even though real wages did bump up last fall when the drop in oil prices pulled down inflation. (In a minority view, the Heritage Foundation and some other conservative groups say the bureau has underestimated wage increases.)
A wind power provider that operates about 800 turbines in the Altamont Pass -- where thousands of birds are believed killed by them each year -- is shutting down its operations.
Altamont Winds told the U.S Fish and Wildlife Service in an email Oct. 23 that it is ceasing operations as of Sunday.
There's a lot more to the story, but that's where I will leave it for now.The decision was applauded by environmental groups, which for years have been fighting to build awareness around the large numbers of golden eagles, raptors, burrowing owls and other birds that are killed by turbines.
We had one little boy about 4, maybe, come through in a group of 4 kids. Anyway, he was a minion, very cute, and he stumbled on our step and hit his head (not hard, just a tap) on the door frame and then nearly toppled into our house. After he left, I told Tim, "He was dedicated to being in character."
The Texas electric grid hit a new record for wind power use early Thursday, as the state continues dominating the rest of the nation in wind farm growth.
At 12:30 am Thursday, the main Texas grid operator reported that nearly 37 percent of demand was met with wind power. The Electricity Reliability Council of Texas, which manages nearly 90 percent of the state’s electric needs, said it used 12,237.6 megawatts of wind power at the time. That bested a previous record set on Sept. 13 of 11,467 megawatts.
A megawatt powers about 500 typical Texas residences during periods of normal demand.
The new record came the same day as the American Wind Energy Association reported Texas accounted for nearly half of the nation’s wind power growth in the third quarter of the year. Texas added 771 megawatts of wind generation in the third quarter and, nationwide, about 1,600 megawatts were put online. Texas now has about 16,400 megawatts of wind power, according to the AWEA, which is about 10,000 megawatts more than the second and third windiest states, California and Iowa. [Boone Pickens was ahead of his time; came out for wind too soon; couldn't get the transmission lines built.]
Texas is expected to exceed 20,000 megawatts next year. Further growth after 2016 may depend on whether Congress extends the production tax credit for wind projects.
The wind association praised recent project announcements like SunEdison saying it will build the 300-megawatt South Plains II wind farm northeast of Lubbock to power Hewlett-Packard data centers, and Monday’s announcement that EDF Renewable Energy will build a 123-megawatt wind project north of Dallas to power Procter & Gamble plants that make its laundry, dish-washing and other cleaning products.
Some companies are even studying ways for wind to power the production of oil and gas. Norway-based DNV GL has partners with Exxon Mobil Corp., Statoil and others on the “WIN WIN” joint industry project to use floating wind turbines to power offshore oil and gas production. [Too bad XOM is saying "goodbye" to California; the state and XOM could have been great partners. LOL.]
The City of Williston, North Dakota, has entered into a partnership with Buxton to strengthen the city's retail development strategy. Buxton's advanced consumer analytics will reveal the best retail options for the community and also help city leaders to better understand the differences between business visitors and tourists. By partnering with Buxton, Williston will utilize the same advanced consumer insights relied on by retailers for site selection decisions.
The City of Williston is getting ready to open new office space in Downtown Williston. The Williston Development Center will be ready for move-ins beginning November 9, 2015. The building, located at 113 4th St. E., is most commonly known as the former Hess Corp building. The two-story site has been completely renovated to make room for the Williston Planning and Zoning Department and Department of Building Safety on the second floor. Williston Economic Development, the Small Business Development Center, Williston Convention & Visitor Bureau and Tri County Regional Economic Development Association will be housed on the main floor.
Williston residents are invited to attend the ribbon cutting for the Main Street Reconstruction project on Thursday, Oct. 29 at 2 p.m. The celebration will be held at the intersection of Main Street and 4th Street. Representatives from the North Dakota Department of Transportation, City of Williston, Knife River, DowlHKM, Williston Area Chamber of Commerce and Williston Downtowners Association will participate in a short program. The Main Street Reconstruction project replaced and improved under and above ground infrastructure in Downtown Williston.
Rite Aid today announced that its 4,600 stores across the United States will begin accepting Apple Pay and Google Wallet starting August 15, nearly one year after the drugstore chain and CVS infamously disabled support for the iPhone-based mobile payments service nationwide. Rite Aid will also support Google's forthcoming Android Pay service when available.
Rite Aid and CVS spurred a controversy last year after disabling Apple Pay and Google Wallet as payment methods last year, likely because both are members of the Merchant Customer Exchange (MCX) consortium, which has its own mobile payments service called CurrentC. MCX launched in August 2012 with a three-year exclusivity period for all members, which ends this month.This tells me CurrentC is toast. CurrentC had a 3-year exclusivity period. I had completely forgotten about CurretnC. And that's why Apple doesn't worry one way or the other about the success/failure of the Apple Watch -- look at all the free advertising Apple got with that controversial launch.
Their 700-page Salinger biography has new information well beyond any possible posthumous fiction.
Nine years in the making and thoroughly documented, Salinger features many rare photographs and letters, unprecedented detail about the author's World War II years and brief first marriage, and a revelatory interview with the former teenage girl, Jean Miller, who inspired his classic story For Esme - With Love and Squalor.
It also has an account of how Salinger, who supposedly shunned Hollywood for much of his life, nearly agreed to allow Esme to be adapted into a feature film.