NEWS

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Federal investigation spurs H.B. 6 repeal efforts and potential upside for gas

Ohio H.B. 6 repeal in the works following allegations of bribery Two Ohio House Democrats – Reps. Mike Skindell and Mike O’Brien – announced in a press release on Wednesday, July 22, that they will immediately introduce a bill to repeal House Bill 6, the controversial law passed a year ago that provides ratepayer-funded subsidies […]

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California’s Natural Gas Challenge

California finding it difficult to get past natural gas In late 2019, Southern California Edison released “Pathway 2045”, its report on how the utility will meet the state’s aggressive carbon reduction mandates.  Just over a year earlier, then-Governor Gavin Jerry Brown (D) signed into law S.B. 100, which accelerated the state’s existing renewable portfolio standard […]

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Biden’s energy plan touts significant investment in clean technology as key to job growth, security

Former Vice President and presumptive Democratic presidential nominee Joseph R. Biden, Jr. this week released an outline of his wide-ranging clean energy plan that includes $2 trillion of investments in everything from infrastructure and transit to housing and agriculture.  Biden says the plan is designed to spur job growth, drive American innovation, and “build a […]

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COVID-19 and Mild Weather Combine to Suppress Electricity Demand

COVID-19 and Mild Weather Combine to Suppress Electricity Demand Electricity demand in the continental U.S. since the beginning of the year has been sharply lower than during the same period in 2019, though the response to the ongoing COVID-19 virus pandemic is only partially to blame.  Demand across the six largest centrally-dispatched markets – PJM, […]

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COVID-19 and Possible Economic Demand Destruction

Let’s talk about the 6-ton elephant in the room, economic demand destruction. The ongoing COVID-19 pandemic and simultaneous oil price war have joined forces to drive a sector-wide commodity sell-off.  As cities and states across the U.S. have begun issuing unprecedented measures to contain the spread of the virus (today, Governor Cuomo of New York […]

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EVA Expects Coal Burn to Reach 470 Million Tons in 2020

NATIONAL TAKE-AWAYS After a warmer-than-expected winter, natural gas is expected to continue to take market share from coal resources through 2020. EVA’s March 2020 Gas & Coal Price Sensitivity Outlook draws the following high-level conclusions: January coal burn dropped by nearly 20 million tons YoY, the largest monthly drop recorded in recent history. Weak electricity […]

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New York State Gears Up For Critical Fight Over Renewable Siting

On February 21st, 2020, New York Governor Cuomo announced a 30-day budget amendment that would “dramatically speed up the permitting and construction of renewable energy projects.” The Accelerated Renewable Energy Growth and Community Benefit Act at this stage has two main mechanisms. The first is to effectively bypass the burdensome Article 10 Permitting Process by […]

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EVA Statement to Clients on COVID-19

March 18, 2020 To Our Valued Clients, As the world deals with the ongoing Coronavirus (COVID-19) outbreak we want to inform you that Energy Ventures Analysis, Inc. (EVA) remains open for business and is committed to our clients. To ensure the health and well-being of our clients, employees and their families, we have instituted our […]

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