Smoke risk… – Commodity Research Group

October 1, 2020 by Jim Colburn Leave a Comment

From the EIA’s excellent Today in Energy series…

”In the first two weeks of September 2020, average solar-powered electricity generation in the California Independent System Operator (CAISO), which covers 90% of utility-scale solar capacity in California, declined nearly 30% from the July 2020 average as wildfires burned across the state. Wildfire smoke contains small, airborne particulate matter particles that are generally 2.5 micrometers or smaller (referred to as PM2.5). This matter reduces the amount of sunlight that reaches solar panels, decreasing solar-powered electricity generation. As of September 28, California wildfires have burned an estimated 3.6 million acres in 2020, an area about the size of Connecticut.”

Commodity Research Group (CRG), founded by veteran analyst Edward Meir, is an independent research consultancy specializing in base and precious metals, as well energy products. The Group provides research and general price analysis for these markets, along with advice to companies seeking to construct commodity hedging strategies.

Our associates bring decades of experience to the table, as they seek to help our clients understand the markets. CRG will distill the myriad of pricing variables mentioned above into coherent research that is to-the-point and tailored to a clients hedging or pricing needs. In addition, CRG is available for consulting assignments and speaking engagements. CRG does not manage money or trade for itself.

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