1 TTP Texas Technology Partners Sierra Club Earth, Wind and Fire Energy Summit The Future of Energy Fuel Sources Texas Technology Partners www.texastechnologypartners.com Mark Armentrout [email protected]October 4, 2014 TTP Texas Technology Partners
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Texas Technology Partners texastechnologypartners Mark Armentrout marmentrout@yahoo
TTP Texas Technology Partners. Texas Technology Partners www.texastechnologypartners.com Mark Armentrout [email protected] October 4, 2014. Sierra Club Earth, Wind and Fire Energy Summit The Future of Energy Fuel Sources. Consider the uses of energy. ?. WTI crude oil futures price - PowerPoint PPT Presentation
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1
TTPTexas Technology Partners
Sierra Club Earth, Wind and Fire Energy SummitThe Future of Energy Fuel Sources
TTPTexas Technology PartnersSierra Club Earth, Wind and Fire
Energy SummitThe Future of Energy Fuel Sources
Consider the uses of energy
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TTPTexas Technology Partners
Sierra Club Earth, Wind and Fire Energy SummitThe Future of Energy Fuel Sources
WTI crude oil futures price10/1/2014: $90.73/bbldown$2.07 from week earlierdown$11.31 from year earlierNatural gas futures price10/1/2014: $4.023/mmBtuup$0.112 from week earlierup$0.414 from year earlierNatural gas inventories9/26/2014: 3,100 Bcfup112 Bcf from week earlierdown373 Bcf from year earlierCrude oil inventories9/26/2014: 356.6 mmbbldown1.4 mmbbl from week earlierdown7.1 mmbbl from year earlierWeekly coal production9/20/2014: 18.833 million tonsdown0.343 million tons from week earlier
Sierra Club Earth, Wind and Fire Energy SummitThe Future of Energy Fuel Sources
Renewables
Hydropower
Petroleum/Other
Natural Gas
Nuclear
Coal
0 200 400 600 800 1000 1200 1400 1600 1800 2000
2040
2012
EIA Fuel Source Projections in Billions of Kilowatts
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TTPTexas Technology PartnersElectric Utility Structure in Competitive Market
CompetitiveGeneration
Competitive Retail Electric Providers (REPs)
Customer
Regulated utilities prohibited from selling
electricity or other competitively available
energy services, or from discriminating among generators or among
REPs/retail customers
Regulated Open Access
Transmission & DistributionProviders (TDSPs)
(Source: ERCOT)
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TTPTexas Technology PartnersTen ISO/RTOs in the US
ERCOT is one of ten North American ISOs/RTOs
ISOs/RTOs serve 67% of U.S. population
Goal: Efficiency and impartiality for wholesale deregulation
Independent System Operators (ISOs) are single-state or multiple-state entities established under Order 888 of the Federal Energy Regulatory Commission. Regional Transmission Operators (RTOs) perform similar or expanded services across a multi-state area, and have been approved by FERC as meeting the requirements of FERC Orders 2000 and 2001. ISOs perform equivalent services but tend to be smaller in geographic size, or are not subject to FERC jurisdiction (as in Canada and central Texas).