Commodity market report
| |
0 Pages

ERCOT Power & Renewables long term outlook H1 2016


ERCOT Power & Renewables long term outlook H1 2016

Report summary

In this outlook, reduced long term demand growth delays recovery in North American power markets. Lower capacity and energy prices in some markets will keep pressure on certain coal generators, while several existing nuclear facilities are facing early retirement pressures. Compared to our previous outlook, 20 GW of additional wind capacity is added over the forecast, with the Clean Power Plan (CPP) and accelerating RPS targets in some states maintaining a relatively strong wind build long term

What's included?

This report includes 21 file(s)

  • ERCOT Regional Market Overview.pdf PDF - 2.58 MB
  • North America Power & Renewables Long-term outlook H1 2016 Report.pdf PDF - 5.16 MB
  • North America Power & Renewables Long-term outlook H1 2016 Modelling Assumptions.pdf PDF - 50.29 KB
  • North America Power & Renewables Long-term outlook H1 2016 Executive Summary.pdf PDF - 612.98 KB
  • NAPS LTO Capacity Prices ERCOT 6 15 2016.xls XLS - 706.00 KB
  • NAPS LTO Coal Clean Equipment Data ERCOT 6 15 2016.xls XLS - 285.00 KB
  • NAPS LTO Coal Retirements ERCOT 6 15 2016.xls XLS - 72.50 KB
  • NAPS LTO Delivered Fuel Prices Nominal ERCOT 6 15 2016.xls XLS - 312.50 KB
  • NAPS LTO Delivered Fuel Prices Real ERCOT 6 15 2016.xls XLS - 312.00 KB
  • NAPS LTO Emissions Forecast ERCOT 6 15 2016.xls XLS - 4.14 MB
  • NAPS LTO Emission Prices Nominal ERCOT 6 15 2016.xls XLS - 157.00 KB
  • NAPS LTO Emission Prices Real ERCOT 6 15 2016.xls XLS - 157.00 KB
  • NAPS LTO Load Forecast ERCOT 6 15 2016.xls XLS - 6.03 MB
  • NAPS LTO MacroEconomics Assumptions ERCOT 6 15 2016.xls XLS - 1.79 MB
  • NAPS LTO Prices Sparks IHR Darks Nominal ERCOT 6 15 2016.xls XLS - 12.97 MB
  • NAPS LTO Prices Sparks IHR Darks Real ERCOT 6 15 2016.xls XLS - 12.97 MB
  • NAPS LTO Renewable Energy Credit Prices ERCOT 6 15 2016.xls XLS - 4.51 MB
  • NAPS LTO State RPS Targets ERCOT 6 15 2016.xls XLS - 488.00 KB
  • NAPS LTO Supply Demand Energy ERCOT 6 15 2016.xls XLS - 2.40 MB
  • NAPS LTO Transmission Projects in Base Case ERCOT 6 15 2015.xls XLS - 81.50 KB
  • NAPS LTO Transmission Trends Tracking 6 15 2016.xls XLS - 151.00 KB

Description

The power sector is rapidly transitioning to a cleaner generation mix supported by technological and regulatory changes. Regional markets and structures are adjusting to these new realities with implications on fuel demand, commodity pricing and asset values.

This Power Markets Long Term Outlook report provides a detailed analysis of supply, demand and price fundamentals, as well as the regulatory and market issues affecting regional power markets.

Use this report to examine key issues driving regulatory and economic trends and identify future growth opportunities in regional power markets.

Wood Mackenzie's detailed analysis and reliable market forecasts give you a strong foundation for your investment decisions and corporate planning. Our experienced power research analysts use high-quality proprietary gas, coal and oil markets research to help you unlock power market fundamentals and identify future growth opportunities.

  • Executive summary
    • Introduction
    • GDP and overall demand growth revised lower
    • Natural gas prices see near to mid-term support on slowing of production
    • Carbon prices project lower on slower demand growth and continued renewable build-out
    • Coal retirements still see some upside in this outlook
    • While nuclear capacity now under increasing pressure
    • Reserve margins in flux through the forecast
    • Transmission still facing hurdles to reach potential in unlocking regional bottlenecks
    • Market rules look to offset pressure on prices from intermittent generation
Requester's name : .............
Department : .............
Authoriser's Name : .............
Authoriser's signature : .............
Date : .............
Cost Centre : .............

Questions about this report?

Frequently Asked Questions

Mailenquiries@woodmac.com
  • Europe: +44 131 243 4699
  • Americas: +1 713 470 1900
  • Asia Pacific: +61 2 8224 8898
contact us

Why Wood Mackenzie?

Wood Mackenzie, a Verisk Analytics business, has been a trusted source of commercial intelligence for the world's natural resources sector for more than 40 years, empowering clients to make better strategic decisions with objective analysis and advice.

We work across every sector of oil, gas, power, renewables, chemicals, metals and mining, covering more than 150 countries. Our proprietary data and models are at the core of everything we do, ensuring our independent asset and company valuations are thoroughly robust and that we offer an accurate forward-looking view of economic indicators such as market supply, demand and price trends.

Our 500+ analysts are based in the regions they cover, cultivating an unrivalled depth of understanding to help clients accurately identify new opportunities, define their strategy and improve business performance.

At every stage, our teams readily collaborate and share their insight to provide an integrated perspective across entire industries. It is this unique and rigorous analytical approach that ensures we are recognised as the industry standard by the world’s most innovative organisations.