GDM Inc.’s Post

Sound familiar?    The Midcontinent Independent System Operator (MISO) is seeking FERC approval for a new plan to strengthen grid reliability. MISO cites increasing demands and shrinking reserve margins as reasons for the proposal.  As reported in a brief in Utility Dive, “The Midcontinent Independent System Operator on Thursday asked federal regulators to approve a capacity accreditation methodology that aims to better account for how much different resources bolster grid reliability during stressed periods.”   Back in February, Peter Hartley, Ken Medlock, and Shih Yu (Elsie) Hung published a report focused on ERCOT about this very issue. Reliability is about balancing the market during high-stress periods. This makes controllability, or dispatchability, of resources a high priority issue.   What can be done to enhance reliability? Read here:  https://lnkd.in/gJTZ6ZfN   Read about MISO’s proposal here:  https://lnkd.in/gPKx4D48 #energy #reliability #energysecurity #ercot #miso #energygrid

Quick and easy to digest read about energy demand and ERCOT. In a nutshell demand > supply. RPower helps alleviate this grid strain by partnering w/ others also interested in keeping the lights on when we need it most... "While the evolution of demand in ERCOT is, by itself, enough to raise concerns about the future of resource adequacy, there has also been inadequate investment in dispatchable sources of generation in ERCOT — leading to greater overall system instability. In fact, ERCOT loads have been increasingly in excess of dispatchable generation capacity in both frequency and quantity since 2018. In 2023 alone, load exceeded dispatchable generation capacity for over 1,000 hours. This raises the risk of resource inadequacy and has coincided with an increase in ERCOT conservation notices and energy emergency alerts. There is also a general geographic inconsistency between load growth and generation capacity investment across ERCOT. This is not likely to self-correct, given that the drivers of load growth are centered around new industrial activity and population growth in high-load areas in the Texas Triangle — the urban megaregion consisting of the Houston, Dallas-Fort Worth, Austin, and San Antonio metropolitan areas."

What is the best way to approach and strategize for compliance in light of new/upcoming regulation? How do you prioritize reduction efforts and compliance considerations among other organizational needs and demands? We recently caught up with Jay Thanki, Systems Engineer at TC Energy, who answers all these questions and more in an exclusive interview. Here is a sneak peek below... 💬 Maryam Irfan, 𝗜𝗻𝗱𝘂𝘀𝘁𝗿𝗶𝗮𝗹 𝗗𝗲𝗰𝗮𝗿𝗯𝗼𝗻𝗶𝘇𝗮𝘁𝗶𝗼𝗻 𝗡𝗲𝘁𝘄𝗼𝗿𝗸: What are the key considerations companies should take into account when assessing new technologies amidst a rapidly changing regulatory environment? 💬 Jay Thanki: When everything is changing so quickly, it’s best to focus on the constants. A mental tool I use is to imagine how we would run this pipeline without any technology, as if it were 1956 when the company first built the asset. Start with the technology of that time and consider how you would prioritize methane emissions. This simplifies the strategy as there are fewer moving parts… Access the full interview here ➡️ https://lnkd.in/eTfeKkJU #IndustrialDecarbonizationNetwork

In a volatile gas market with decreasing natural gas prices, energy companies must find innovative ways to improve financial efficiency. One way is to ensure they are accurately accounting for every single molecule. 📉💨 Every MMBTU counts and even the smallest inefficiency can negatively impact financial results. ⚠️💰 At X-treme Measures Consulting, we have highly experienced and qualified personnel who are ready to work with your teams to find innovative ways to optimize measurement processes and reduce the FL&U! 🛠️🔬 #GasEfficiency #Sustainability #Innovation #EnergyManagement #LowerFL&U #GasLossReduction #MeasurementSolutions #Eliminatepipelinelosses #Improvedmeasurement

Via Utility Dive: " FERC approves ISO-NE day-ahead reserve initiative, in boost to flexible resources: The plan will provide increased revenue to flexible resources like energy storage that can provide reserves to meet any unexpected real-time power supply needs. " #Energy #Utility #Utilities

Check out today's blog. Learn how the W Energy Field Data Gathering solution is a proven, powerful, simple way to empower lease operators, get more value from resources, and spend less time on manual tasks. #FDG #OilandGas

📢 𝗘𝘅𝗰𝗶𝘁𝗶𝗻𝗴 𝗻𝗲𝘄𝘀 𝗶𝗻 𝘁𝗵𝗲 𝗲𝗻𝗲𝗿𝗴𝘆 𝘀𝗲𝗰𝘁𝗼𝗿! The Federal Energy Regulatory Commission (FERC) has recently approved a plan by ISO New England to enhance the transmission system using energy storage, introducing Storage as Transmission-Only Assets (SATOAs). https://lnkd.in/eWxcHWVg? This innovative approach aims to improve transmission reliability without competing in electricity markets, ensuring minimal impact on wholesale prices. But how can we leverage this opportunity to optimize energy management and contribute to a sustainable future? Enter Arcus Power Corp, which provides comprehensive solutions in power market data and energy intelligence. 𝗔𝗿𝗰𝘂𝘀 𝗣𝗼𝘄𝗲𝗿'𝘀 𝗖𝘂𝘁𝘁𝗶𝗻𝗴-𝗘𝗱𝗴𝗲 𝗦𝗼𝗹𝘂𝘁𝗶𝗼𝗻𝘀: 𝗡𝗥𝗚𝗦𝘁𝗿𝗲𝗮𝗺: Dive into historic and real-time data analytics from one of North America's largest power market data repositories. 𝗣𝗪𝗥𝗦𝘁𝗿𝗲𝗮𝗺: Optimize your energy cost management with powerful real-time forecasts, guiding your decisions for the hours and weeks ahead. 𝗖𝗥𝗕𝗡𝗦𝘁𝗿𝗲𝗮𝗺: Embrace sustainability with a cost decision support tool, dynamically tracking and forecasting grid and onsite emissions. As we navigate the transition to more sustainable energy solutions, Arcus Power stands out as a key player, offering the tools and insights needed to make informed decisions and drive change. 🤝 Let's embrace innovation and work together towards a greener, more reliable energy future. www.arcuspower.com #EnergyStorage #Sustainability #Innovation #ArcusPower #EnergyIntelligence

If you're considering a #CTRM upgrade or implementation for your #natgas business, ask one of our subject matter experts like John Harris, Sarah Kovach Volz, Turi Kim, or Kenny J. Johnson about alternatives and key considerations for your project.

What can we learn from the 100 largest losses in the #EnergyIndustry? Download our 2024 report to uncover valuable insights and trends from the 100 largest losses between 1974-2023 to discover how the industry is advancing operations and #RiskManagement practices. #energy

What can we learn from the 100 largest losses in the #EnergyIndustry? Download our 2024 report to uncover valuable insights and trends from the 100 largest losses between 1974-2023 to discover how the industry is advancing operations and #RiskManagement practices. #energy