Markets – Page 3 – EUCI

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3 issues to watch as heat strains the grid

3 issues to watch as heat strains the grid 08/01/2022 From the Pacific Northwest to coastal New England, millions of Americans have endured sweltering temperatures in recent weeks, driving record energy consumption and offering a snapshot of emerging risks facing the nation’s power system. While grid operators say the electricity…

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US power system, PJM reliability storm clouds loom amid transition: exec

US power system, PJM reliability storm clouds loom amid transition: exec 01 Aug 2022 PJM Interconnection could be heading for power system reliability issues as coal-fired power generation continues to retire, little to no new natural gas-fired power plants are likely to be built, and most incremental capacity comes from…

Environment, Infrastructure, Legal Contracts, Markets, Markets, Renewables, Resource Planning, Storage

Facing trade, tax and economic uncertainties, clean power installations fall in Q2

Facing trade, tax and economic uncertainties, clean power installations fall in Q2

Facing trade, tax and economic uncertainties, clean power installations fall in Q2 Energize Weekly, August 3, 2022 Beleaguered by uncertainties over the future of tax subsidies and trade policy, new clean power installations plummeted 55 percent in the second quarter of 2022 compared to the same period in 2021. Solar…

Distribution, Electrification, Infrastructure, Leadership, Markets, Resource Planning, Safety, Siting, Smart Grid, Substation, Transmission, Transmission

MISO Approves 18 Transmission Projects in US Midwest, Integrating More Renewable Energy

MISO Approves 18 Transmission Projects in US Midwest, Integrating More Renewable Energy July 26, 2022 In a move it says will integrate more renewable energy into North American power grids, the Midcontinent Independent System Operator has approved its largest portfolio of regional transmission projects in recent history. Read more

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North American power grid faced extreme weather and cyberattack risks in 2021

North American power grid faced extreme weather and cyberattack risks in 2021

North American power grid faced extreme weather and cyberattack risks in 2021 Energize Weekly, July 27, 2022 The North American electric grid faced unprecedented challenges from severe weather, cyberattacks and problems with natural gas supplies in 2021, but with except one exception – in Texas – utilities and grid operators…

Distributed Generation, Leadership, Leadership, Markets, Markets, Renewables, Strategy and Policy

Biden administration unveils new funding for domestic solar manufacturing

Biden administration unveils new funding for domestic solar manufacturing July 14, 2022 The Biden administration on Thursday said it would pour $56 million into programs aimed at spurring domestic manufacturing of solar energy products as the U.S. seeks to move its clean energy sector away from a dependence on Chinese-made…

Distributed Generation, Electrification, Environment and Emissions, Fossils, Gas Powered Generation, Infrastructure, Infrastructure, Markets, Nuclear, Renewables, Resource Planning, Resource Planning, Storage

EXPERTS CONCERNED TEXAS POWER PLANTS WILL START TO DIE AMID HEAT WAVE

Experts Concerned Texas Power Plants Will Start to Die Amid Heat Wave JUL 17, 2022 The power grid in Texas is not doing okay. Crypto mining rigs shut down earlier this week to prevent blackouts and price hikes, and now, experts are worried the state’s power plants won’t be able…

Distributed Generation, Environment and Emissions, FERC, Fossils, Gas Powered Generation, Infrastructure, Markets, Markets, Nuclear, Renewables, Resource Planning, Storage

Fossil-fuel electric generation challenged in Texas heat wave, raising reliability questions

Fossil-fuel electric generation challenged in Texas heat wave, raising reliability questions

Fossil-fuel electric generation challenged in Texas heat wave, raising reliability questions Energize Weekly, July 6, 2022 An early season heat wave in May tested the Texas grid, raising questions about the relation of baseload, fossil-fuel generation to wind and solar, according to analysis by the Institute for Energy Economics and…

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US launches new federal-state partnership to grow domestic offshore wind supply chain

US launches new federal-state partnership to grow domestic offshore wind supply chain June 27, 2022 The White House has announced that it is joining with 11 governors from East Coast states to launch the Federal-State Offshore Wind Implementation Partnership, which is intended to accelerate America’s growing offshore wind industry. Read…

Fossils, Human Resources, Leadership, Leadership, Markets, Renewables

DOE: Here’s what’s happened to EV, renewable, fossil jobs

DOE: Here’s what’s happened to EV, renewable, fossil jobs 06/28/2022 Much of the fossil fuel industry continued to hemorrhage jobs last year, even as employment in the electric car sector increased dramatically, according to a report today from the Department of Energy. Released this morning, the 2022 U.S. Energy and…

Distributed Generation, Emissions, Environment, Environment and Emissions, Fossils, Gas Powered Generation, Infrastructure, Infrastructure, Leadership, Markets, Markets, Renewables, Resource Planning, Resource Planning, Storage, Substation, Transmission, Transmission

New York grid operator sees generating margins shrinking, increased reliability risks

New York grid operator sees generating margins shrinking, increased reliability risks

New York grid operator sees generating margins shrinking, increased reliability risks Energize Weekly, June 22, 2022 The buffer of extra generating capacity – the reserve or reliability margin – is shrinking in New York State as fossil-fuel plants retire faster than renewable sources are being added, according to an assessment…

Cities, Distribution, Electrification, Infrastructure, Markets, Markets, Resource Planning, Safety, Siting, Smart Grid, Substation, Transmission

U.S. Midwest in Danger of Rotating Power Blackouts This Summer

U.S. Midwest in Danger of Rotating Power Blackouts This Summer June 3, 2022 The power grid in the Central United States could be forced to impose rotating blackouts on some of the hottest days of the summer due to rising demand and plant retirements, federal energy officials said in an…

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Activists hail Biden’s use of security powers to boost clean energy

Activists hail Biden’s use of security powers to boost clean energy June 7, 2022 Environmental groups have welcomed Joe Biden’s invoking of national security powers to rapidly expand the production of clean energy technology as a significant advance in the effort to curb dangerous climate breakdown. Read more

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Here’s what has to happen before CPS Energy can shut down its last coal plant

Here’s what has to happen before CPS Energy can shut down its last coal plant June 6, 2022 In recent months, and with San Antonio facing stricter air quality regulations, calls to diversify CPS Energy’s generation portfolio and speed up the closure of the J.K. Spruce coal-burning power plant have…

Distributed Generation, Infrastructure, Infrastructure, Markets, Markets, Renewables, Resource Planning, Resource Planning, Storage

New England hits a record low in electricity demand thanks to distributed solar

New England hits a record low in electricity demand thanks to distributed solar

New England hits a record low in electricity demand thanks to distributed solar Energize Weekly, June 8, 2022 It was a typical spring Sunday afternoon – sunny with temperatures in the 50’s and 60’s – but May 1 was also historic as the demand for electricity in New England dropped…

Emissions, Environment, Environment and Emissions, Fossils, Gas Powered Generation, Legal Contracts, Markets, Markets, Resource Planning, Risk

Duke Energy Wants to Quit Coal Early, But Regulators Say No

Duke Energy Wants to Quit Coal Early, But Regulators Say No May 26, 2022 Duke Energy Corp. planned to close its last six coal power plants in the Carolinas by 2030 to accelerate the company’s carbon-cutting goals. South Carolina regulators said no—ordering the US utility to keep the plants open…

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NYSEG and RG&E Announce “Reliable Energy New York” Plans

NYSEG and RG&E Announce “Reliable Energy New York” Plans May 26, 2022 Today, New York State Electric & Gas (NYSEG) and Rochester Gas and Electric (RG&E), subsidiaries of AVANGRID, Inc. (NYSE: AGR), announced the companies have filed proposed changes to delivery rates with the New York State Public Service Commission…

Distributed Generation, Emissions, Environment, Environment, Environment and Emissions, Fossils, Gas Powered Generation, Infrastructure, Markets, Renewables, Resource Planning, Storage

G7 decide to “predominantly” decarbonise grid by 2035, but drop 2030 coal exit date

G7 decide to “predominantly” decarbonise grid by 2035, but drop 2030 coal exit date 29 May 2022 The environment, climate and energy ministers of the Group of Seven western industrialised states (G7) have agreed to largely decarbonise their electricity sectors within 13 years. Following their meeting in Berlin, the ministers…

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West and Midwest U.S. face summer electricity shortfalls due to heat, drought, and fire

West and Midwest U.S. face summer electricity shortfalls due to heat, drought, and fire

West and Midwest U.S. face summer electricity shortfalls due to heat, drought, and fire Energize Weekly, May 25, 2022 The West and Midwest U.S. risk severe electricity shortfalls this summer due to high temperatures, drought, severe storms and wildfire – all driven by a changing climate, according to the North…

Markets, Renewables, Resource Planning, Resource Planning, Storage

Hydropower is 53% of the renewable energy supply in the West. Drought is slowing down production.

Hydropower is 53% of the renewable energy supply in the West. Drought is slowing down production. May 17, 2022 A large provider of Colorado energy says sagging hydropower production on the Colorado River system, which has raised concern over the long-term reliability of the power source in the West, has…

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California Power Officials Warn of Power Shortfalls This Summer Amid Increasing Strain from Climate Change

California Power Officials Warn of Power Shortfalls This Summer Amid Increasing Strain from Climate Change May 6, 2022 California power regulators are warning of power shortages and possible blackouts this summer as the state’s electrical grid faces increasing strain from drought and extreme heat. “We know reliability is going to…

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U.S. and European EV sales climb but more chargers will be needed to sustain growth

U.S. and European EV sales climb but more chargers will be needed to sustain growth

U.S. and European EV sales climb but more chargers will be needed to sustain growth Energize Weekly, May 11, 2022 Electric vehicle (EV) sales in both the U.S. and Europe are posting strong gains, but to reach the market penetration governments are targeting – the Biden administration goal is 50…

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Power demand to grow in Tennessee Valley as economy electrifies, TVA CEO says

Power demand to grow in Tennessee Valley as economy electrifies, TVA CEO says April 28, 2022 Tennessee will soon become the No. 1 state for electric vehicle production as part of a power shift that could nearly double electricity demand in the Tennessee Valley over the next three decades, the…

Distributed Generation, Environment and Emissions, Fossils, Gas Powered Generation, Infrastructure, Markets, Markets, Nuclear, Renewables, Resource Planning, Storage

Renewable generation making major inroads on the grid in Texas and California

Renewable generation making major inroads on the grid in Texas and California

Renewable generation making major inroads on the grid in Texas and California Energize Weekly, May 4, 2022 The steady increase in renewable energy generation – primarily wind and solar – is beginning to show signs of dramatically impacting electric grids around the country as it claims a larger and larger…

Emissions, Environment, Environment, Environment and Emissions, Fossils, Gas Powered Generation, Markets, Markets, Resource Planning

Pennsylvania to join Regional Greenhouse Gas Initiative

Pennsylvania to join Regional Greenhouse Gas Initiative Apr 22, 2022 After more than 2 years in legal and legislative battles, Pennsylvania is poised to become the twelfth state to join the carbon-cutting effort known as the Regional Greenhouse Gas Initiative. A Commonwealth Court failed to block the state’s publishing of…

Distributed Generation, Emissions, Energy Efficiency, Environment, Environment, Environment and Emissions, Fossils, Gas Powered Generation, Infrastructure, Legal, Legal Contracts, Markets, Renewables, Resource Planning, Storage

Consumers Energy settles with stakeholders over Clean Energy Plan, pledges coal elimination by 2025

Consumers Energy settles with stakeholders over Clean Energy Plan, pledges coal elimination by 2025 April 22, 2022 After agreeing to a settlement with key stakeholders, Consumers Energy announced this week that, as part of its Clean Energy Plan, it will cease using coal as a fuel source for electric generation…

Emissions, Environment, Environment, Markets, Markets, Nuclear, Resource Planning

Biden administration unveils $6 billion program to keep nuclear power plants from closing

Biden administration unveils $6 billion program to keep nuclear power plants from closing

Biden administration unveils $6 billion program to keep nuclear power plants from closing Energize Weekly, April 27, 2022 The federal government has launched a $6 billion program to support the operation and prevent the closure of any of the nation’s nuclear reactors – seen by the Biden administration as a…

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PGE offers a look inside its futuristic new ops center

PGE offers a look inside its futuristic new ops center Apr. 15, 2022 When you flip the light switch or turn up your thermostat, you expect the juice to start flowing. It’s as simple as that. But in an age of distributed power generation and storage, intermittent renewables, electric cars,…

Emissions, Environment, Environment, Environment and Emissions, Fossils, Leadership, Legal, Markets

US EPA’s plan for interstate smog might force even more early coal retirements

US EPA’s plan for interstate smog might force even more early coal retirements 18 Apr, 2022 With the U.S. Environmental Protection Agency’s climate authority over the nation’s power sector in legal limbo, the Biden administration unveiled a plan in March for addressing interstate smog pollution that is projected to drive…

Emissions, Environment, Environment, Environment and Emissions, Fossils, Leadership, Markets, Renewables

National Grid announces plan to decarbonize by 2050

National Grid announces plan to decarbonize by 2050 April 18, 2022 Utility giant National Grid (NG.L) is planning to eliminate fossil fuels from its heating systems in New York state and Massachusetts by 2050, primarily by expanding the use of electric heat pumps and sourcing more renewable natural gas (RNG),…

Distributed Generation, Emissions, Energy Efficiency, Environment, Environment, Environment and Emissions, Fossils, Gas Powered Generation, Infrastructure, Infrastructure, Leadership, Markets, Markets, Nuclear, Petrochemicals, Pipelines, Renewables, Resource Planning, Resource Planning, Storage, Technology

Covid-19 boost in green spending still not enough, IEA says

Covid-19 boost in green spending still not enough, IEA says 04/12/2022 The world’s wealthiest countries are rapidly boosting spending on clean energy, but lower-income nations are struggling to do the same, with higher food and fuel prices bearing down on their already limited finances. The widening gap could challenge the…

Distributed Generation, Environment, Infrastructure, Legal Contracts, Markets, Markets, Renewables, Resource Planning, Storage

Supply-chain issues hobble storage projects but installation still set a record in 2021

Supply-chain issues hobble storage projects but installation still set a record in 2021

Supply-chain issues hobble storage projects but installation still set a record in 2021 Energize Weekly, April 13, 2022 Even in the face of supply-chain problems, energy storage installations set a record in the U.S., and the forecasts have domestic and global capacity growing twentyfold by 2030, according to industry analyses.…

Cities, Distribution, Electrification, Infrastructure, Markets, Resource Planning, Safety, Siting, Smart Grid, Substation, Technology, Transmission, Transmission

‘The lights will not go out’ – Energy experts do not foresee EVs overloading US electrical grid

‘The lights will not go out’ – Energy experts do not foresee EVs overloading US electrical grid Apr. 5th 2022 According to research teams and engineers at multiple US energy laboratories, the acceleration of EV adoption will not reach any sort of “tipping” point in which charging EVs will overwhelm…

Customer Service / Marketing, Distributed Generation, Environment and Emissions, Finance and Accounting, Infrastructure, Infrastructure, Markets, Markets, Renewables, Resource Planning, Resource Planning, Risk, Storage

Surging electric bills threaten Calif. climate goals

Surging electric bills threaten Calif. climate goals 04/05/2022 Millions of Californians pay among the highest prices in the nation for electricity, a potential threat to the state’s plans to electrify cars and homes as it battles climate change. Surging electricity prices of the three biggest utilities in the Golden State…

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UN report on climate crisis confirms the world already has solutions – but politics are getting in the way

UN report on climate crisis confirms the world already has solutions – but politics are getting in the way April 4, 2022 The world is careening toward levels of global warming that will have irreversible impacts, a new landmark report says, but we already have the solutions — the only…

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Environmental campaign targets Bitcoin miners in an effort to curb greenhouse gases

Environmental campaign targets Bitcoin miners in an effort to curb greenhouse gases

Environmental campaign targets Bitcoin miners in an effort to curb greenhouse gases Energize Weekly, April 6, 2022 Environmental groups are taking aim at the power-hungry Bitcoin cryptocurrency seeking to get it to change the way it operates and thereby cut its greenhouse gas emissions. The “Change the Code, Not the…

Markets, Renewables, Resource Planning, Storage

Misinformation is derailing renewable energy projects across the United States

Misinformation is derailing renewable energy projects across the United States MAR, 28 2022 On a winter night in early 2016, Jeremy Kitson gathered in his buddy’s large shed with some neighbors to plan their fight against a proposed wind farm in rural Van Wert County, Ohio. The project would be…

Emissions, Environment, Environment, Environment and Emissions, Fossils, Gas Powered Generation, Legal Contracts, Markets, Markets, Renewables, Resource Planning

Xcel wants to close power plant near Pueblo barely a decade after going into operation

Xcel wants to close power plant near Pueblo barely a decade after going into operation Mar 27, 2022 The Colorado Public Utilities Commission tabled a request by Xcel Energy to once again shorten the operating life of the Comanche power station’s Unit 3 near Pueblo, the last of three generating…

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Coal plant owners seek to shut 3.2 GW in PJM in face of economic, regulatory and market pressures

Coal plant owners seek to shut 3.2 GW in PJM in face of economic, regulatory and market pressures March 22, 2022 Power plant owners started the process of potentially retiring 3,228 MW of coal-fired generation in the PJM Interconnection’s footprint this month, according to the grid operator’s generator deactivation list. Another 1,024…

Backend, Cities, Cyber Security, Data Analytics, Datacenters, Infrastructure, Infrastructure, Markets, System Networks, Technology, Technology, Technology, Wastewater, Water Utilities

Biden warns the private sector that Russia is exploring options for cyberattacks

Biden warns the private sector that Russia is exploring options for cyberattacks March 21, 2022 President Biden warned on Monday that Russia is exploring the possibility of waging potential cyberattacks against the United States in retaliation for economic penalties imposed on Moscow for the invasion of Ukraine. Read more

Infrastructure, Legal, Markets, Markets, Renewables, Resource Planning, Risk

Supply chain problems and rising prices are pinching the U.S. solar industry

Supply chain problems and rising prices are pinching the U.S. solar industry

Supply chain problems and rising prices are pinching the U.S. solar industry Energize Weekly, March 23, 2022 Facing supply chain problems and rising prices, the U.S. solar industry delayed about a third of its utility-scale capacity in the fourth quarter of 2021, and installations are projected to be down in…

Environment, Fossils, Legal Contracts, Markets, Markets, Resource Planning, Resource Planning, Safety, Safety

Judge wants more research on plan to shut down J.H. Campbell Power Plant

Judge wants more research on plan to shut down J.H. Campbell Power Plant Mar 11, 2022 A Michigan judge is recommending Consumers Energy and the Michigan Public Service Commission do more research before signing off on the utility company’s plan to completely shut down the J.H. Campbell Power Plant in…

Distributed Generation, Environment and Emissions, Fossils, Gas Powered Generation, Infrastructure, Markets, Renewables, Resource Planning, Risk, Storage

Kauai Quit Using Oil To Produce Most Of Its Electricity Years Ago. That’s Paying Off Now

Kauai Quit Using Oil To Produce Most Of Its Electricity Years Ago. That’s Paying Off Now March 15, 2022 In 2008, Kauai’s electric utility set an aggressive goal to power half the island with renewable energy. The plan was so ambitious that no one knew exactly how it could be…

Finance and Accounting, Leadership, Markets, Markets, Risk

Pacific Power seeking 12.2% rate increase in 2023

Pacific Power seeking 12.2% rate increase in 2023 Mar 3, 2022 PacifiCorp wants to raise electricity rates for Oregon customers by more than 12% in 2023 because of higher power costs, general inflationary pressure as well as increasing costs for wildfire planning and mitigation, according to proposals filed Tuesday with…

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Russian invasion of Ukraine and West’s economic sanctions roil global energy markets

Russian invasion of Ukraine and West’s economic sanctions roil global energy markets

Russian invasion of Ukraine and West’s economic sanctions roil global energy markets Energize Weekly, March 9, 2022 The Russian invasion of Ukraine and the broad sanctions by western nations in its wake are roiling energy markets from Europe to Asia and may lead to structural changes in regional and global…

Environment, Markets, Renewables, Storage, Technology, Technology

Rocky Mountain states to team up on hydrogen tech proposal

Rocky Mountain states to team up on hydrogen tech proposal February 24, 2022 Four Rocky Mountain states will cooperate on developing ways to make the most abundant element in the universe, hydrogen, more available and useful as clean-burning fuel for cars, trucks and trains, the states’ governors announced Thursday. Colorado,…

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What the Russia crisis means for U.S. electricity mix

What the Russia crisis means for U.S. electricity mix 03/01/2022 Gasoline prices have spiked in the aftermath of Russia’s invasion of Ukraine, but the effects of the conflict are also spilling into the U.S. electricity sector, with implications for greenhouse gas emissions and energy policy. Although the crisis isn’t expected…

Markets, Markets, Renewables, Storage

‘These Waters Are Hot’: U.S. Auction Opens Up Offshore Wind Rush

February 22, 2022

‘These Waters Are Hot’: U.S. Auction Opens Up Offshore Wind Rush February 22, 2022 When the U.S. last auctioned big plots of ocean to companies that wanted to build offshore wind farms a few years ago, it raked in a then-record-setting haul of $405 million. That’s set to be obliterated…

Distributed Generation, Distribution, Electrification, Environment, Environment and Emissions, FERC, Fossils, Gas Powered Generation, Infrastructure, Infrastructure, Markets, Nuclear, Renewables, Resource Planning, Resource Planning, Safety, Siting, Smart Grid, Storage, Substation, Transmission, Transmission

New clean generation technology is needed for the West to achieve 100 percent clean electricity

February 15, 2022

New clean generation technology is needed for the West to achieve 100 percent clean electricity

New clean generation technology is needed for the West to achieve 100 percent clean electricity Energize Weekly, February 16, 2022 The West could run on 90 percent clean electricity by 2040 with existing renewable generation and storage, but to get to 100 percent, new, clean generation filling the same baseload…

Distribution, Electrification, Infrastructure, Infrastructure, Markets, Resource Planning, Safety, Siting, Smart Grid, Substation, Transmission, Transmission

Texas’ grid held up this time with enough extra capacity to power 3 million homes

February 8, 2022

Texas’ grid held up this time with enough extra capacity to power 3 million homes February 6th 2022 As this latest arctic blast hit the state, the power for most of Texas stayed on as the grid stayed steady. “The power grid continues to perform well at peak demand during…