Eric Yussman

Sep 17, 2024 | insight.factset.com | Nate Miller |Mitch Jennings |Jon Bowman |Eric Yussman

We are well into hurricane season, and early indications suggest this could be one of the more eventful years for tropical-storm activity in the Atlantic. Forming on June 28th, Hurricane Beryl was the earliest-forming Category 5 hurricane ever recorded, and a below-average August in terms of cyclone activity has given way to a very active September.

Aug 27, 2024 | insight.factset.com | Mitch Jennings |Jon Bowman |Eric Yussman |John Foley

Energy By Mitch Jennings  |  August 27, 2024 Yesterday, Libya’s eastern government announced all oilfields in the country will be shut and production and exports will stop. Libya’s National Oil Corp (NOC) has not confirmed the stoppage, but the Waha Oil Company said it will start to cut production and that production could stop completely due to protests and pressure. This shutdown is the latest in a string of events related to control over the country’s political and economic resources.

Aug 1, 2024 | insight.factset.com | Matthew Hoza |Eric Yussman |John Feng

While the stock market is cooling off from its AI fervor, energy markets continue their march towards a world of increasing electricity demand brought on by new data centers. As we outlined in our previous Insight, the U.S. East Coast, more specifically the Southeast, will be a focal point of increasing energy demand. However, that region of the country has also lagged in renewables growth, leaving natural gas from the Gulf Coast as the primary means to meet most of the shortfall in supply.

Jul 12, 2024 | insight.factset.com | Eric Yussman |John Feng |Matthew Hoza

In May 2024, AEP Ohio opened a proceeding (Docket 24-05058) with the Public Utilities Commission of Ohio, proposing to create two new tariffs designed to help the company accommodate an unprecedented amount of anticipated load growth from an influx of new data centers within its service territory: A “Data Center Power” tariff for new data center customers with a monthly demand of 25 MW or more A “Mobile Data Center” tariff for new mobile data center customers, such as cryptocurrency miners,...

Jul 2, 2024 | insight.factset.com | John Feng |Matthew Hoza |Eric Yussman

Throughout the United States, utilities and grid operators continue to pivot from an era of flat electrical demand to one in which data centers require more electricity to meet growing AI demand. These utilities are increasingly turning to natural gas, however the growth in solar generation shows little sign of letting up. This leaves grid operators with another problem. The sun sets while demand is increasing, leaving a shortfall that needs to be met.