Exploring Wholesale Energy Price Trends: The Renewables & Wholesale Electricity Prices (ReWEP) Tool, Version 2024.1

Credit to Author: US Department of Energy| Date: Fri, 17 May 2024 23:23:47 +0000

The Renewables and Wholesale Electricity Prices (ReWEP) visualization tool from Berkeley Lab has been updated with nodal electricity pricing and wind and solar generation data through the end of 2023: https://emp.lbl.gov/renewables-and-wholesale-electricity-prices-rewep. ReWEP users can explore trends in wholesale electricity prices and their relationship to wind and solar generation. ReWEP includes … [continued]

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How the Massive Growth in Solar Power Is Affecting Power Grids

Credit to Author: Aaron Larson| Date: Wed, 01 May 2024 10:07:47 +0000

The Solar Energy Industries Association (SEIA) reported in March that the U.S. solar industry installed 32.4 GWdc of capacity in 2023, a remarkable 51% increase compared to 2022. It was the industry’s

The post How the Massive Growth in Solar Power Is Affecting Power Grids appeared first on POWER Magazine.

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Grids Brace for Solar Eclipse, Totality Poised to Test Ramping

Credit to Author: Sonal Patel| Date: Mon, 08 Apr 2024 13:30:51 +0000

Grid operators across the U.S. report they are largely prepared for the total solar eclipse that will pass over a large swath of North America on April 8, though they […]

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NASA is live-tracking the April 8 total eclipse, which will cross North America, passing over Mexico, the United States, and Canada. “A total solar eclipse happens when the Moon passes between the Sun and Earth, completely blocking the face of the Sun. The sky will darken as if it were dawn or dusk,” it notes. Source: NASA

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New 1.2-GW Natural Gas-Fired Plant Announced for Texas

Credit to Author: Darrell Proctor| Date: Tue, 13 Feb 2024 17:36:21 +0000

A Texas-based energy company has announced plans to build a 1.2-GW natural gas-fired power plant in Lee County, Texas, with construction expected to begin in 2025. Sandow Lakes Energy Co. […]

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In Most U.S. Regions, 2024 Wholesale Electricity Prices Will Be Similar to 2023

Credit to Author: US Energy Information Administration| Date: Sun, 21 Jan 2024 12:01:51 +0000

We expect average wholesale electricity prices for 2024 in most areas of the country to be close to or slightly … [continued]

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ERCOT Warns of ‘Tight Conditions’ as Intense Freeze Grips Texas

Credit to Author: Sonal Patel| Date: Mon, 15 Jan 2024 04:57:54 +0000

The Electric Reliability Council of Texas (ERCOT) has issued a conservation appeal as it braces for continued freezing temperatures, “very high” demand, and “unseasonably low wind” early in the morning […]

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Three Texas Gas-Fired Plants Sold in $635 Million Deal

Credit to Author: Darrell Proctor| Date: Mon, 13 Nov 2023 20:07:48 +0000

A France-based energy group said it has an agreement to buy three natural gas-fired power plants in Texas. The facilities, one near Dallas and two south of Houston, represent about […]

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ERCOT Issues First Level 2 Emergency Alert Since Winter Storm Uri

Credit to Author: Sonal Patel| Date: Thu, 07 Sep 2023 03:35:19 +0000

The Electric Reliability Council of Texas (ERCOT) on Sept. 6 issued an Energy Emergency Alert 2 (EEA 2) after grid conditions quickly deteriorated around sunset (7:30 p.m.) as demand soared […]

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NRG Energy’s Pivot Amid Power Sector Change

Credit to Author: Sonal Patel| Date: Tue, 01 Aug 2023 04:13:00 +0000

Once a giant pure-play independent power producer, NRG Energy has cultivated a legacy of pioneering business models to withstand waves of change in the power sector. Its latest strategic shift pivots from

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Interconnection Constraints Threaten Success of Clean Energy Projects

Credit to Author: Aaron Larson| Date: Wed, 05 Jul 2023 04:10:00 +0000

Power projects are filled with risk. One of the biggest risks today for clean energy developers involves interconnection constraints. And according to Sarp Ozkan, vice president of Commercial Product at

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