Enmax EasyMax - Fixed Vs. Variable

[ZenOps]

Not sure what Cascade G1 stands for, but 81 MW is showing up on main chart.

[Kjonus]

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Not sure what Cascade G1 stands for, but 81 MW is showing up on main chart.

That the new plant just outside of Edson, they are still in the commissioning stages so you'll see them making MWs off and on for awhile. They are a one on one gas fired combined cycle facility, meaning that one gas turbine on one steam turbine times 2. What makes this place a little different it's a single generator for GT and ST, kinda newer technology from Siemens.

[ExtraSlow]

It's a who in the what now?

[ExtraSlow]

Easymax lock-in was c12.29 in Jan, now c11.49. #ronpaulitshapppppeninggg.gif

Only 8 more cents to go..

[mr2mike]

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I swapped back to floating gas, seems prices are crashing

Yes.
My plan is to wait this into summer and then hopefully lock in low.
New idea is keep renewing, even if it's at the same price. Then you can maximize duration of the good lock in price.
This goes for gas or electricity.

Made the mistake of locking in and seeing the next month being the same electric fixed price and not renewing. Cutting myself out of another low price of fixed electricity.

[killramos]

Yea I bet the gas companies are too stoopid to understand seasonality.

[Brent.ff]

was going to swap to floating, but it saves all of $1 / gj when they add the 1.29 back to it. Would have saved all of $20 last month. Not sure worth the risk that it goes back up and i forgot to swap back to fixed

[mr2mike]

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Yea I bet the gas companies are too stoopid to understand seasonality.

Appears they use rolling 12 for fixed pricing. Expecting fixed to keep dropping into the summer and of course variable to reduce more.

Not everyone's driving low costs to everyday life and gaming this.

[03ozwhip]

Almost time for renewal, im on floating for natural gas and fixed for electric, got my April bill today $717, $140 in carbon tax alone.

[pheoxs]

Wanna post the gas portion? I heard floating rates got fucked during the cold snap and curious if thats the case.

[killramos]

My fixed is expiring in October so holding wont have any value for next winter. Float away for the summer baby!

[03ozwhip]

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Wanna post the gas portion? I heard floating rates got fucked during the cold snap and curious if thats the case.

35.9gj at 5.288372 per gj for reference my precious month was 1.72 per gj

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My fixed is expiring in October so holding wont have any value for next winter. Float away for the summer baby!

My fixed is expiring end of May, fixed at. 6.6 and now the rate is 11.8 or something.

[ZenOps]

Henry Hub is absolutely hammered.

https://ycharts.com/indicators/henry...gas_spot_price

Not sure why, but less than $1 US seems within reach. Free for few hours not off the table.

[ZenOps]

Enmax floating gas confirmed at $1.72 per GJ in Feb (plus $1.23 per GJ "transaction fee")

Shockingly low price considering the short but brutal cold blasts.

[ZenOps]

Cascade #1 looks like it might finally be ramping up to full power.

[pheoxs]

Cascade has been starting and stopping a lot for 2 months now. Guessing it's a part of regular commissioning but it seems like a lot of 4-6 hour runs and then back offline constantly. Curious if they're running into more issues than expected.

Today is an exciting day though, Genesee 1 is offline for good which wipes out half of our remaining coal production. #2 is set to swap over in early June.

[suntan]

Phew, soon climate change will stop once the USA decommissions their remaining 217 coal plants.

[suntan]

7.77 cents with DE

https://shop.directenergy.ca/de/ener...m_term=calgary

[bjstare]

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7.77 cents with DE

https://shop.directenergy.ca/de/ener...m_term=calgary

That was clickbait if I've ever seen it.

7.77 fixed *until July*

[suntan]

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That was clickbait if I've ever seen it.

7.77 fixed *until July*

Ha ha, wow. They're pitching it on FB as 7.77 for the life of the term.