The electricity mix of energy sources in Texas, managed by the Electric Reliability Council of Texas (ERCOT) electricity grid operator, changed noticeably in 2023. Although wind power remains the largest source of renewable power in the state, the installation of new wind turbine capacity slowed in 2023, while additions of … [continued]
We expect average wholesale electricity prices for 2024 in most areas of the country to be close to or slightly lower than in 2023 because of relatively stable generation fuel costs. However, periods of high demand or power market supply constraints could lead to temporary spikes in wholesale prices. We … [continued]
This summer, the United States endured the two warmest months ever recorded, yet the system held because of renewable energy.
As Tesla’s energy business continues to grow, backup power generation will remain at the center of future developments. In recent weeks, Texas residents who have a Tesla Powerwall and solar panels gained the opportunity to be a part of a backup power pilot program, which lets users get money for providing extra … [continued]
Offshore wind stakeholders may have the wind at their backs in Texas, where conditions are ripe for offshore development despite pushback from the usual suspects.
Wärtsilä has completed a 200 MW / 500+ MWh stand-alone battery storage project in Texas that will help stabilize that state’s grid.
Average wholesale electricity prices at major trading hubs in the United States rose throughout much of 2022 and were, at times, volatile as a result of extreme weather events. The limited availability of coal to substitute for higher-priced natural gas also contributed to higher electricity prices. Prices at all electricity … [continued]
Inter-regional planning and transmission could help keep the lights on during extreme weather.
A new flow battery for electric vehicles is getting attention from DARPA, NASA, and the US Air Force.
On Sunday, the Texas electric grid operator, ERCOT, requested that consumers conserve energy on Monday for fear that the electric grid would not be able to meet the demand during an extremely hot day. In doing so, ERCOT downplayed the fact that “dispatchable” coal and gas were offline and suggested … [continued]
