Energize Weekly, May 30, 2018 PJM Interconnection, the nation’s largest grid, saw prices jump more than 80 percent to $140 a megawatt-day across most of its grid in the annual capacity market auction. But even with the hike, many nuclear power plants couldn’t successfully bid. The price increase was expected as a result of lower…
Energize Weekly, May 30, 2018 Coal-fired generation is being supplanted, for the most part, by cheaper natural gas turbines with $112 billion in new gas-fired power plants proposed or under construction, but those plants could face the same market fate as coal, according to an analysis by the Rocky Mountain Institute (RMI). The analysis by…
Energize Weekly, May 16, 2018 Nuclear power plants under pressure from market forces are facing closures, but states with high concentrations of nuclear power are stepping in to bolster these generators, and there may be additional policy initiatives that can be taken, according to new studies. “Nuclear power is responsible for around 20 percent of…
Energize Weekly, April 4, 2018 Oil and gas activity in Texas posted growth for the sixth consecutive quarter in the first quarter of 2018 with prospects for continued expansion this year, according to the Dallas Federal Reserve Bank’s quarterly regional energy survey. The survey also found the average break-even point for drilling a new well…
Energize Weekly, March 28, 2018 More than 80 foreign solar cell and module manufactures and American companies using imported solar products are seeking exclusions from the Trump administration solar import tariff, according to filings with the Office of the U.S. Trade Representative. The arguments made by the applicants, based on a review of the filings,…
Energize Weekly, March 28, 2018 Natural gas-fired electric generation fell a record 7.7 percent in 2017 compared with the previous year, and coal-fired electricity was down 2.5 percent, marking the first time in a decade both electricity sources declined—at the same time renewable electricity hit a record, according to the federal Energy Information Association (EIA).…
Energize Weekly, March 28, 2018 As wind and solar generation grow, so too have questions about their impact on the reliability and resiliency of the grid. However, a study of markets around world with high levels of renewables has identified keys to keep the systems up and running. The question of grid resiliency gained added…
Energize Weekly, March 21, 2018 The Trump administration tariffs on solar cells and modules will cut installations by 13 percent between 2018 and 2022 compared to previous projections, according to GTM Research. A total of 10.6 gigawatts of photovoltaic (PV) capacity was installed in 2017. Installations in 2018 are expected to be the same. It…
Energize Weekly, March 21, 2018 The Southwest Power Pool (SPP) board of directors on March 13 approved the terms for utilities and transmission operators from eight Western states to join their wholesale electricity market. The proposal deals with issues of cost sharing, governance, operations and, in a number of areas, gives the Mountain West Transmission…
Energize Weekly, March 21, 2018 The Colorado Public Utilities Commission (PUC) voted on March 14 to give Xcel Energy the go-ahead to develop a plan to close two coal-fired power plants and replace them with renewable or low-cost alternatives. Xcel calls its proposal the Clean Energy Plan (CEP). It would more than double the utility’s…
Energize Weekly, March 14, 2018 The prospects for the U.S. battery storage market, both short and long term, appear strong with capacity doubling in 2018 and reaching as high as 50,000 megawatts (MW), according to new analyses. In 2018, 1,000 megawatt-hours (MWh) of storage is set to be deployed, nearly equal to the 1,080 MWh…
Energize Weekly, March 14, 2018 U.S. industry will be running on natural gas—consuming it as a fuel and a feedstock—and using more of it than any other sector through 2050, according to a forecast by the federal Energy Information Administration (EIA). The EIA expects the industrial sector’s consumption to rise 40 percent to 13.7 quadrillion…