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PJM capacity auction sees renewables, coal and natural gas rise while nuclear plummets

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…

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Falling renewable energy prices could make $112 billion in gas-fired generation a stranded asset, RMI study says

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…

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Nuclear needs financial support to survive, and some states are already heeding the call

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…

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Dallas Federal Reserve survey finds oil and gas operations expanding in 2018

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…

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Foreign solar panel makers and American installers seek to be excluded from Trump solar tariff

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,…

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Natural gas and coal-fired electric generation fell in 2017 while renewable generation increased

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).…

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Markets with high levels of renewable generation show ways to maintain grid stability

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…

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Trump administration tariff to cut US solar market by 13 percent, prices already on the rise

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…

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Southwest Power Pool approves terms for western utilities to join its wholesale market

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…

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Xcel Energy gets the OK from Colorado PUC to develop a clean power plan

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…

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U.S. storage set to double in 2018 as market to reach 50,000 megawatts in the future

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…

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U.S. industry will be the largest consumer of natural gas through 2050, EIA forecast says

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…

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