The energy industry is dynamic. Oil, natural gas, and electric power sectors each have their own peculiarities. Policy and regulatory actions, market volatility, and technological developments occur frequently in each of these sectors. We initiated a monthly newsletter in September 2017, MarketViews, to share our reactions to key developments, often supported by our research, with CEE Partners in a timely fashion. We offer an unbiased and frank assessment that highlights linkages across sectors. We also share some standard metrics we are developing to track key issues. We hope that you find this two-pager worth your time.
Producer Finance Data Sheets
Since 2009, to better understand upstream economics in the U.S., we have benchmarked a sample of producers with large domestic positions. Our sample represents the top tier of U.S. producers including leading shale players. Every year, we update the data from company financial reports. In the CEE Upstream Matrix file, you can find our calculations on full-cycle costs, cash costs breakdowns, and more. In the CEE Upstream Waterfalls, you can find cash flow waterfall calculations for the same group of companies. We welcome feedback.
Industrial Projects Database
With the escalation of tight rock plays, availability of low-cost natural gas and natural gas liquids (NGLs) encouraged an industrial renaissance, especially across the petrochemicals complex along the Gulf Coast. In order to assess incremental natural gas and NGL demand from this build-out, CEE developed a projects database in 2013, which is periodically updated. Although we initially captured other industrial facilities, since 2015, we focus on gas-intensive industries such as methanol and fertilizer plants, and petrochemicals facilities. We welcome updates and corrections on this database.
Since late 2011, we have used AURORA, a commercial electricity forecasting and analysis model by EPIS. We thank EPIS for their generous academic discount and excellent user support. We use the model to assess long-term implications of various environmental and energy policies, and natural gas prices among other factors in the U.S. power systems, especially in organized markets such as ERCOT, PJM, ISONE, NYISO, and MISO.
In mid-2017, we added GPCM, a commercial natural gas market forecasting model, to our toolbox thanks to the generosity of the developer, RBAC Inc. We intend to use the model to support production outlooks for Bureau's shale research, to conduct due diligence on AURORA's gas-fired generation forecasts in terms of consistency with the natural gas infrastructure, and to investigate other natural gas market development scenarios.
We provide our published research articles, previews of our ongoing research, and data tables on our key assumptions and outputs. We welcome feedback, especially on our ongoing research and assumptions.
Natural Gas Use in Electricity Generation in the United States: Outlooks to 2030 - Electricity Journal
Scenarios of Resource Adequacy in ERCOT - Electricity Journal
The Impacts of Raising the Price Cap in ERCOT - Electricity Journal