Vulcan Platform Summary

As part of the value-add for Vulcan clients, we keep you updated on the latest updates to the EIA 923 and EIA 860M. Both of these tables are pulled into our Snowflake environment when updated and can be easily accessed in Tableau. This month's update shows an additional 58 plants totaling 5.7 GW were added. The good news is that no "ghost plants" (plants that appear for the first time as operational) were identified. Most of these new plants were not under construction. Additionally, three plants were categorized as canceled, postponed, or retired, totaling only 282 MW.

More than half (3.4 GW) of the new plants were additional solar facilities. We are adding over half of those plants (2.9 GW) to our coverage this week, and they will appear in Friday's release.

Regarding last week's UC update, we identified six plants starting construction, totaling 1.7 GW. None of these plants were listed as under construction in the latest EIA 860M. A unique find this week is the offshore wind facility highlighted later in this discussion.

The Vulcan Coal front is becoming increasingly interesting. In our Monday update, we observed a significant jump in individual plants at or above 90% capacity, although still below last year's levels at this time. If mild weather persists, additional bearishness on gas markets may occur if must-run coal plants appear to reduce coal inventory.

Plant ID 65500 Revolution Wind, Washington County Rhode Island, 715 MW Offshore Wind, Planned Operation 9/2025

10/18/2024 – Identified Construction

9/15/2024

8/23/2024

There's no better time to sign up for Vulcan. By leveraging direct visual insights into the power markets, you can avoid the complicated guesswork, human discussions, and black-box intelligence that many other services rely on. Our Vulcan UC coverage extends over 120 GW and is updated weekly on Fridays. This will enhance your power modeling by improving the accuracy of a key input (genstack). Meanwhile, our Vulcan Coal coverage focuses on the coal plants most impactful to the market in terms of inventory and potential for must-run operations, and it's updated each Monday.

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