Whitecap and Veren Merge: A Strategic Combination Shaping the Future of Canadian Energy
In a landmark move within the Canadian energy sector, Whitecap Resources Inc. (WCP) and Veren Inc. (VRN) have announced a near merger of equals. This strategic combination, with a purchase price of C$8.6 billion (US$5.9 billion) for Veren inclusive of net debt, brings together complementary assets across the Alberta Montney, Kaybob Duvernay and Saskatchewan regions. […]
OPEC+ and the Trump Presidency: The Bull Turns Bearish
The following blog is distilled from an interview on CBC’s “The Eyeopener,” hosted by Loren McGinnis who interviewed Enverus Intelligence® Research’s (EIR) very own Al Salazar. Click here to listen to the full radio segment. Consequences for U.S. Shale and Alberta Oil Among these developments are OPEC+’s decision to unwind cuts; Brent, the world’s benchmark […]
RENEWABLES ON CONTRACT | How Green Energy Locks in Profits
Since 2020, the demand for Power Purchase Agreements (PPAs) has surged, driven by tax incentives, corporate clean energy goals, and increasing power needs.
Predict ISO Project Success With Interconnection Queue Probability
Most projects that enter the interconnection queues never get built. The queues are growing increasingly crowded, and backlogs continue to persist across multiple ISOs.
Long-Term Load Forecast Update | Data Centers Lead the Way
Enverus Intelligence® Research (EIR) has updated its long-term load forecast model, predicting a 30% increase in total U.S. power demand by 2050, down from the previous projection of 39%.
AC vs DC-Coupled BESS: The Pros and Cons
Solar panels can be coupled or linked to a battery either through alternating current (AC) coupling or direct current (DC) coupling. AC current flows rapidly on electricity grids both forward and backward. DC current on the other hand, flows only in one direction.
The importance of solar Irradiance and Meteorological data for PV design
Solar irradiance, the power of solar radiation measured in W/m2 — is an essential metric when designing a PV system. One of the most important factors to consider when designing a solar photovoltaic (PV) system is the level of solar irradiance at a potential location. In this guide, we examine solar irradiance, how it is […]
Challenges of Integrating Renewables Into Today’s Power Grids
What are some of the challenges grid operators face in the clean energy transition and what are some practical solutions? The record pace of renewable energy capacity installation around the world is presenting unique challenges for power grids in integrating intermittent generation. Power grid operators must come up with innovative solutions to manage renewable capacity […]
Strategies for Operators to Stay Ahead in a Hot M&A Market
The following blog is distilled from Intelligence® Research (EIR) publications and EIR’s very own Andrew Dittmar’s media statements on the Diamondback acquisition. With U.S. upstream M&A reaching $105 billion in 2024—the third highest as recorded by Enverus—the market shows no signs of slowing down, with high price tag deals being driven by the scarcity of […]
Top 3 MISO Power Market Publication Takes for February 2025
February brought significant congestion risks and extreme weather events to the MISO market, testing the resilience of the grid and the accuracy of market forecasts.