U.S. federal and state governments are incentivizing distributed energy generation technologies like residential solar and storage to speed up decarbonization. Enverus Intelligence Research (EIR) finds that the combination of these incentives, decreasing rooftop solar costs and rising retail power prices strengthens the economic rationale for installing household solar and storage. The duck curve in California demonstrates the significant effects this can have on load (Figure 1). • EIR’s long-term load forecast predicts that behind-the-meter solar and storage solutions will be economically driven, with additional demand influenced by energy security and environmental concerns. • The forecast quantifies annual cost savings from rooftop solar and estimates residential solar demand based on historical cost savings correlations. • Other key factors considered include storage costs, interest rates and avoided cost tariffs like California's NEM 3.0. Keep up to date with our latest thoughts and analysis on the most challenging problems facing the energy industry by subscribing to Energy Transition Today. (https://lnkd.in/gWdkUpTS) For more up-to-date commentary like this, follow our Enverus Intelligence® Research page. #energytransition #rooftopsolar #energystorage #residentialsolar
Enverus
Software Development
Austin, Texas 75,736 followers
Energy’s most trusted SaaS platform — creating intelligent connections to deliver extraordinary outcomes.
About us
Enverus is a single source platform for management, development and acquisition, within the entire energy value chain. From early-stage investment to full-scale development, we provide the actionable intelligence, in-depth analysis and speed to support your changing energy strategy. This is what we call Intelligent Connections: empowering your company to discover previously unseen insights and opportunities, act fast, and deliver extraordinary outcomes. A Technology Partner for the Future: Enverus is the most trusted knowledge and analytics platform in the energy industry, with real-time access to analytics, insights, benchmark costs, revenue data and more. More than 300 financial institutions and more than 5,000 energy companies rely on our analytics, intelligence, and technology to make capital investment decisions and increase investor ROI. Our platform is built both by, and for, our industry. Our source is our own connections — with direct access to more than 98% of U.S. producers, and more than 35,000 suppliers, we inform more efficient production and distribution, capital allocation, renewable energy development, investment and sourcing. What We Provide: Our platform provides a centralized, single-source of truth, with energy analytics informed by more than 20 years of market intelligence and machine-learning. For personal, customizable support, our highly experienced, sizable analyst team provides thought leadership, consulting and tech innovation. Our goal is to build a long-term relationship with you, addressing your challenges today, while providing the tools for you to thrive tomorrow. Our customers regularly report major production increases, substantial savings on labor costs, impressive savings and EUR improvements. We provide a complete scope of the entire energy industry, including oil and gas, financial institutions, power, utilities and renewables. But we also illuminate their connections, and where they’re going.
- Website
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https://www.enverus.com/
External link for Enverus
- Industry
- Software Development
- Company size
- 1,001-5,000 employees
- Headquarters
- Austin, Texas
- Type
- Privately Held
- Founded
- 1999
Locations
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Primary
Get directions
2901 Via Fortuna
#200
Austin, Texas 78746, US
Employees at Enverus
Updates
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Curious about wind generation trends in MISO? Our VP of Power and Renewables @Thomas Sherman dropped some insights into the least windy months: historically August and July, with July 2023 being the lowest on record. Our new Mid-Term Nodal Renewable Forecast analyzes historical weather data since 2017 to accurately estimate on-peak wind potential. Ask us how we can help you understand generation variance caused by weather volatility! https://bit.ly/3WHRPfo
What are the least windy months in MISO? History shows August and July. The 5 lowest wind months since 2017 by mean hourly on-peak potential generation are: 1) Jul 2023 2) Jul 2021 3) Aug 2019 4) Aug 2017 5) Jul 2017 Using our Mid-Term Nodal Renewable forecast, we estimate hourly on-peak wind potential using today’s current wind fleet. To do so, we take historical weather observations back to 2017 and transform the data into farm-level generation using a series of physics-based algorithms. This method normalizes for installed wind capacity growth and enables us to explore variance in generation caused by weather volatility. Below is a screen shot of our Mid-Term Nodal Renewable Forecast UI, showing MISO System-Wide wind potential sorted by mean hourly generation. Get in touch with Chris Winburn, CPA, Joe Salgado, and Vincent Zicarelli to explore our new forecast service in more detail! #powertrading #FTR #windenergy #Enverus
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Now Available on Demand: Navigating the Energy M&A Landscape From EVOLVE Our panelists dove deep into the current trends shaping the oil and gas acquisition and divestiture market. Key insights include: • Financial analysis: Expert perspectives on market dynamics and investment strategies. • Regulatory landscape: Navigate complexities with ease. • Technological innovations: Discover the latest advancements driving efficiency and sustainability. • ESG focus: Understand the growing influence of environmental, social and governance factors. • And more: Comprehensive insights to navigate the future of energy. Watch the session on demand now! https://lnkd.in/g_6Y63XG
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🚀 Unlock your hidden potential with Enverus Oilfield Insights. Ready to supercharge your oilfield operations? Look no further! Focus on the well and production data that matters to you and reveal untapped opportunities. From drilling prospects to production optimization, we’ve got you covered. 🛢️ https://lnkd.in/gRjU-c6q #OilAndGas #EnergySolutions #Enverus #OilfieldOpportunities #MarketInsights
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Check out this EVOLVE 2024 on-demand session today to hear as Raj Biswas, Cyndi Frasier and Debra Henry speak with Nicole Miles about how they've strengthened supplier collaboration and simplified price book management with Enverus OpenContract PriceBook. https://lnkd.in/gnebWAey
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Now Available on Demand: Navigating the Energy M&A Landscape From EVOLVE Our panelists dove deep into the current trends shaping the oil and gas acquisition and divestiture market. Key insights include: Financial analysis: Expert perspectives on market dynamics and investment strategies. Regulatory landscape: Navigate complexities with ease. Technological innovations: Discover the latest advancements driving efficiency and sustainability. ESG focus: Understand the growing influence of environmental, social and governance factors. And more: Comprehensive insights to navigate the future of energy. Watch the session on demand now! https://lnkd.in/gg68ucXd #MergersandAcquisitions #InvestmentStrategies #ESG #EnverusEVOLVE
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The EPA’s Waste Emission Charge, along with Subpart W emission revisions and the Super Emitter Program, introduces significant risk to companies that could potentially face millions in methane exposure costs. Understanding the impact and financial implications of inadequate emissions management is crucial for oil and gas operators. Our platform specializes in emissions analytics, providing clearer data interpretation and regulatory foresight. This helps maintain a strong environmental image and supports informed, strategic decisions based on robust benchmarking and competitive analysis. https://lnkd.in/guY3K_Dg #Emissionstracking #Oilandgasoperators #EPAWasteEmissionCharge #Sustainabilitygoals
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In case you missed it, Manuj Nikhanj has stepped into the role of CEO at Enverus. Manuj was previously company president. Former CEO Jeff Hughes will remain onboard as executive chairman. Manuj has 20+ years of energy technology experience and we’re thrilled to see him lead Enverus into the future. Read more about this change, Manuj’s history, Enverus and more in our full press release: https://lnkd.in/g4-kP69U
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By 2035, data center demand could surge by 300%. 🚀 The rise of AI is driving a race to expand data center capacity to support this technology’s growth. Consequently, the energy demand will increase as well, with developers needing substantial amounts of highly reliable and low-carbon energy to power their facilities. A variety of new energy technologies are being called upon to meet these needs. How can you take advantage of this growth? Discover more below.🔍👇 https://lnkd.in/guDJZtje #DataCenters #AI #EnergyDemand #TechGrowth #SustainableEnergy #Innovation #FutureTrends
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For E&P companies and investors, pinpointing what remains to be drilled, where it is and who might drill it is crucial. Yet, traditional calculations often paint an overly optimistic picture. Conventional acreage math, originally designed for vertical wells, falls short in today's landscape dominated by complex, multi-dimensional development techniques. These calculations frequently overestimate potential by up to 50%, as they fail to incorporate the nuances of modern cube-style development, parent/child well dynamics, advanced shale geology and the realities of 2+ mile lateral lengths. Learn how to overcome this challenge by embracing advanced modeling to get an accurate picture of the remaining drilling inventory. Read on to find out how: https://lnkd.in/grMHtAVs
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