Clean Ammonia Exports | Riding the Blue Wave
Exxon Mobil (XOM) inked a pivotal offtake agreement with Marubeni to supply 250,000 tonnes of low-carbon ammonia annually to Japan’s Kobe Power Plant for cofiring. The deal helps to derisk XOM’s hydrogen facility planned at its Baytown complex in Texas and accelerates the final investment decision expected in 2025, with production starting in 2029. The […]
Stuck in the Queue and Paying the Dues
PJM, CAISO and MISO have all experienced significant spikes in capacity market prices. The last auction in PJM cleared at $269.92/MW-day, increasing ~834% from $28.92/MW-day. In CAISO the resource adequacy price saw a similar increase, jumping from $160.60/MW-day in 2020 to $297.21/MW-day. Most recently, MISO announced its summer capacity price will surge from $30/MW-day to […]
Energy Transition Today: Quick Charges, Quaking Grids | EV Fast Charging
China’s electric vehicle (EV) industry is making headlines with the rollout of fast chargers capable of recharging a vehicle in just five minutes. Leading this transformation are BYD, the world’s largest EV manufacturer, and CATL, the biggest battery producer, with next-generation models built for high-speed charging. While it represents a big step in the EV […]
Hidden in Plain Sight | Forecasting the Next Wave of Data Centers
Where are data centers getting built? Who owns land locked up and where? These are common questions we are getting from clients.
Data Center Demand Response | Participate, Power, Profit
Network infrastructure expansion will lag load growth, driven primarily by the rapid expansion of data centers to support artificial intelligence.
Carbon-Led Growth With BECCS | Ashes to Assets
The CDR market saw rapid growth last year, with BECCS at the forefront, accounting for 55% of total volumes transacted at an average disclosed price of $387 per tonne.
Power Market Evolution | Alpha to Omega
Publicly traded independent power producers (IPPs) are poised for a significant shift as renewable energy continues to reshape the generation mix. Enverus Intelligence® Research’s latest report explores how evolving generation and price forecasts will impact IPP profitability. The retirement of thermal plants across the Lower 48 presents a growing challenge for dispatchable generation. We project […]
Transmission Troubles | Infrastructure Lags Demand Growth
Enverus Intelligence® Research (EIR) and many others have published at length on the coming wave of load growth that starkly contrasts more than a decade of stagnation.
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.
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%.