collected by :Victor Alphen
as declared in To meet its ambitious renewable energy goals, California needs to make its energy system more flexible. Addressing market distortions and expanding the Energy Imbalance MarketThe first step in getting the system right is to address transmission cost allocation. Second, our existing regional markets should be expanded to provide the regional integration that is likely needed to integrate renewable energy and provide wider opportunities for California's renewable energy. Recent analyses confirm that an expanded Energy Imbalance Market and sophisticated distribution management together can achieve the flexibility California needs. By removing barriers to participation, the region's balancing area authorities can coordinate to facilitate renewable energy integration across western North America.


as declared in To meet its ambitious renewable energy goals, California needs to make its energy system more flexible. Addressing market distortions and expanding the Energy Imbalance MarketThe first step in getting the system right is to address transmission cost allocation. Second, our existing regional markets should be expanded to provide the regional integration that is likely needed to integrate renewable energy and provide wider opportunities for California's renewable energy. Recent analyses confirm that an expanded Energy Imbalance Market and sophisticated distribution management together can achieve the flexibility California needs. By removing barriers to participation, the region's balancing area authorities can coordinate to facilitate renewable energy integration across western North America.
U.S. Fracking Is About to Transform the Global Energy Market
U.S. oil and natural gas is on the verge of transforming the world's energy markets for a second time, further undercutting Saudi Arabia and Russia. The widespread adoption of fracking in the U.S. opened billions of barrels of oil and trillions of cubic feet of natural gas to production and transformed the global energy sector in a matter of a few years. Now, a leading global energy agency says U.S. natural gas is about to do it again. The International Energy Agency (IEA) said in a new forecast this week that growth in U.S. oil production will cover 80% of new global demand for oil in the next three years. "There's never been a more exciting time in the American energy sector," Sullivan told oil and gas industry insiders.
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