Class VI Update 4Q24 | Tracking the Surge in CO2 Sequestration
EIR provides an overview of recent changes and additions to the growing list of Claas VI wells associated with CCS projects in the US.
DeepSeek R1 Breakthrough | Fresh Take on Power Demand
DeepSeek’s recently released open-source reasoning, large language model (LLM) V3-R1 has benchmarked closely to OpenAI’s o1 framework.
How a New Administration can Shape the Future of the Power and Renewables Landscape
As the industry leader in enabling our customers to create the future of energy, Enverus is very attuned to changes in the energy landscape. Legislation has played a key role in encouraging renewable development in the energy transition. Examples include tax incentives such as the Production Tax Credit (PTC) that credits renewable energy developers for […]
Queue Update | Decoding Project Probabilities
As renewable energy development accelerates, interconnection queues have become increasingly congested with an influx of projects looking to connect to the grid.
California Burning | Transmission Networks As a Source of Wildfire Risk
Enverus Intelligence Research (EIR) analyzes wildfire risk levels across the U.S. transmission network, as well as which transmission owners are the most at risk.
U.S. day rates extend slump, but most drillers foresee busier H1
U.S. drilling day rates took a tumble in 2024, finishing the year lower than they began for the first time since the COVID-19 pandemic. The Enverus Day Rate Survey’s U.S. composite day rate declined for the 11th consecutive month to $22,220 in December, down $229 (1.02%) from November and $1,457 (6.19%) from December 2023. Most […]
Haynesville gas producers need stronger prices to justify growth
Operators have little incentive to increase Haynesville production until gas prices increase, but higher demand is on the way for LNG and electricity generation.
Stuck in the Queue | Suspensions Are Higher Than You Think
Interconnection queue durations across independent system operators (ISOs) have lengthened and the proportion of projects successfully reaching completion is shrinking. To explore this in detail, Enverus Intelligence® Research captures the average duration of each phase in a project’s lifecycle, the delays encountered at each stage and suspension trends across the project lifecycle. Variations in the […]
Finalizing the 45V PTC | Too Little, Too Late
The finalized 45V clean hydrogen production tax credit provides clarity and incremental flexibility for electrolytic (green) and methane-derived (blue) hydrogen developers but may still fall short of revitalizing the industry. The latest rules allow electrolytic producers to utilize retiring nuclear power, although data centers and tech buyers are likely to outprice this option, in our opinion. Delaying […]
SPP (Southwest Power Pool) Markets+ in 2027: A New Chapter for Western Energy Markets
Explore how SPP Markets+ in 2027 aims to enhance grid reliability, renewable integration, and market efficiency across the Western U.S. through innovative collaboration.