To increase customer understanding of weather-related energy issues in New England, EIA now has an interactive dashboard showing energy market conditions in that region.
The dashboard will help analysts and interested participants examine many key aspects of the New England energy market such as:
- Fuel diversification.
- Wholesale price volatility.
- Energy delivery dynamics.
- Weather's impact on operations.
- Fuel prices' effect on electricity prices.
- Regional and on-site fuel stocks.
EIA will update the New England Dashboard every day by 10.30 am Eastern Standard Time, including on weekends. The dashboard includes detailed regional information on temperatures; various fuel prices; locational marginal prices; the status of the electric grid, outages and available capacity; current and projected load; liquefied natural gas (LNG) imports; electricity generation fuel mix; inter-regional electric transmission and natural gas flows; and petroleum product stocks.
Sources for the dashboard include both EIA and third-party data. Key series from third-party sources include actual and forecast temperatures from the National Oceanic and Atmospheric Administration (NOAA); various electric price, load, generation, interchange, operating statistics, and fuel mix information from the Independent System Operator New England (ISO-NE); natural gas demand, LNG imports, and natural gas pipeline flows from OPIS PointLogic; crude oil and petroleum product prices from Refinitiv; and spot natural gas and electricity prices from S&P Global Market Intelligence.
Dashboard users can:
- Select information by fuel.
- Choose customised time periods and other ranges for graphics.
- Display data contents on graphs.
- Animate temperature trends.
- Print the entire dashboard as well as individual visualisations.
- Download selected data series or images.
- Automate data transfer through access to real-time information Application Programming Interface calls.
The commentary section will provide analysis of recent New England energy market conditions when a situation warrants more insight.
Energy delivery infrastructure constraints and outages can have a pronounced influence on New England’s wholesale energy prices, energy flows, and operations. As a result, the New England Dashboard illustrates these constraints, including:
- Nuclear generating capacity availability.
- Real-time locational marginal prices by ISO-NE zone and electric interface.
- Electric generation outages and reductions.
- Interactive map indicating natural gas pipeline capacity use at key flow points affecting New England.
Read the article online at: https://www.worldpipelines.com/business-news/23012019/eias-interactive-dashboard-for-energy-capacity-constraints/