Renewable tax credits and changes on the grid are making most coal-fired plants uneconomical Energize Weekly, February 8, 2023 A combination of new federal incentives for renewable generation and a shift in the way electric grids are managed has led to a point where it is more expensive to operate almost all the coal-fired power…
US solar PPA prices keep rising with demand set to grow further – LevelTen January 31, 2023 US solar power purchase agreement (PPA) prices continued to climb in Q4 2022, as supply chain blockages and uncertain legislation increased costs for developers, according to renewables transaction infrastructure provider LevelTen Energy. Its PPA Price Index report said…
FERC Directs NERC to Tighten Bulk Electric System Cybersecurity January 26, 2023 On January 19, 2023, the Federal Energy Regulatory Commission issued a Final Rule directing the North American Electric Reliability Corporation to file for FERC review new or modified Reliability Standards that require internal network security monitoring (INSM) within trusted Critical Infrastructure Protection (CIP)…
Natural gas-fired power replacing coal-fired electricity in Pennsylvania JANUARY 30, 2023 According to a new report by the U.S. Energy Information Administration, natural gas-fired power plants have replaced coal-fired power plants in Pennsylvania over the last two decades. In 2001, natural gas accounted for 2 percent of the electricity produced in the state, but by…
SNC-Lavalin, Aecon join team building North America’s first small modular reactor 30.01.23 Canadian power company Ontario Power Generation (OPG) has retained Candu Energy, part of the SNC-Lavalin Group, and Canadian contractor Aecon to design and build a small modular reactor (SMR) at the Darlington nuclear plant in Ontario before the end of the decade. Candu…
Senators explore power supply failure – especially natural gas – during Christmas storm January 26, 2023 The winter storm of Dec. 23-25 produced an unexpectedly high demand for electricity. Despite the surprise, PJM, the 13-state power grid organization — thought it had plenty of reserve on hand. But the power suppliers failed to deliver, leading…
‘Absolutely crazy’: Wind turbine in Dodge County collapses Jan 20, 2023 Wednesday night the blades and top portion of a wind turbine came crashing down to the field below in a rural area of Dodge County, near the town of Herman. The impact scattered massive pieces of debris across the ground. Nobody was hurt. Read…
State lawmakers propose power grid protections after attacks January 22, 2023 When gunshots at two electrical substations cut power to thousands of central North Carolina homes for several days in early December, Republican state Rep. Ben Moss watched his vibrant district full of family farms, small businesses and sprawling golf courses become “a ghost town.”…
CPS Energy will phase out coal, close Spruce plant January 24, 2023 Before the end of the decade, the electricity powering San Antonio’s homes and businesses won’t rely on a polluting coal plant. But CPS Energy isn’t committing to all renewables just yet. The city-owned utility’s board voted 4-1 yesterday to choose a new portfolio…
First Bitcoin Mining Powered By Nuclear Energy To Open In The U.S. In Q1 This Year January 23, 2023 Positioning bitcoin mining with carbon-free sources, like nuclear energy, offers enormous benefits to the cryptocurrency industry as digital assets grow in popularity, acceptability, and engagement with the broader economy. World Nuclear News reports that Cumulus Data,…
PUC approves electric market redesign in ‘big step for ERCOT’ Jan 19, 2023 The Public Utility Commission of Texas on Thursday approved a redesign of the state’s electric market, recommending a new model they said will improve grid reliability, but critics said could pass more costs onto the consumer. The Commission unanimously approved a memo…
Electricity generation global demand for fossil fuels is about to peak, RMI says Energize Weekly, January 25, 2023 The world has reached – or is close to reaching – peak demand for fossil fuels for generating electricity as the installation of cheaper renewable generation continues to grow, according to an analysis by energy consultant RMI.…
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