ERCOT Conditions Tighten Again as Outages Mount to 32 GW

Credit to Author: Sonal Patel| Date: Wed, 14 Apr 2021 13:20:19 +0000

The post ERCOT Conditions Tighten Again as Outages Mount to 32 GW appeared first on POWER Magazine.

The Electric Reliability Council of Texas (ERCOT) on April 13 urged Texans to conserve power as grid conditions tightened owing to a “a combination of high generation outages typical in April and higher-than-forecasted demand from a stalled cold front over Texas.” The Texas grid operator, which in February narrowly avoided system collapse as Winter Storm […]

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Self-Tuning Artificial Intelligence Improves Plant Efficiency and Flexibility

Credit to Author: Contributed Content| Date: Wed, 14 Apr 2021 03:00:32 +0000

The post Self-Tuning Artificial Intelligence Improves Plant Efficiency and Flexibility appeared first on POWER Magazine.

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Flexible plant operations are highly desirable in today’s power generation industry. Every plant owner desires increased ramp rates and the ability to operate at lower loads so their plants will remain “in the money” longer in today’s competitive power markets. This goal, while laudable, remains elusive. The ADEX self-tuning artificial intelligence (AI) system allows plants […]

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Oil and Gas Majors Focus on Renewable Energy, Hydrogen, and Carbon Capture

Credit to Author: Aaron Larson| Date: Thu, 01 Apr 2021 04:17:00 +0000

The post Oil and Gas Majors Focus on Renewable Energy, Hydrogen, and Carbon Capture appeared first on POWER Magazine.

Although you’d be hard-pressed to find an expert who believes oil and gas companies will abandon exploration and production operations anytime soon, several oil and gas majors are expanding their businesses

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Oil and Gas Majors Focus on Renewable Energy, Hydrogen, and Carbon Capture

Credit to Author: Aaron Larson| Date: Thu, 01 Apr 2021 04:17:00 +0000

The post Oil and Gas Majors Focus on Renewable Energy, Hydrogen, and Carbon Capture appeared first on POWER Magazine.

Although you’d be hard-pressed to find an expert who believes oil and gas companies will abandon exploration and production operations anytime soon, several oil and gas majors are expanding their businesses

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Understanding Energy Crises of the 1970s and Avoiding Problems Today

Credit to Author: Aaron Larson| Date: Thu, 25 Mar 2021 13:48:43 +0000

The post Understanding Energy Crises of the 1970s and Avoiding Problems Today appeared first on POWER Magazine.

If you were alive and living in the U.S. during the 1970s, you probably remember waiting in long lines to fill your car with fuel. Yet, gasoline wasn’t the only item in short supply during the “Me Decade”—natural gas was seemingly running out and electricity demand was growing so much that new power plants were […]

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Is It Safe to Invest in Mexican Energy Projects?

Credit to Author: Aaron Larson| Date: Thu, 18 Mar 2021 14:43:59 +0000

The post Is It Safe to Invest in Mexican Energy Projects? appeared first on POWER Magazine.

In late 2013, Mexico embarked on a path to transform its energy markets. Then-President Enrique Peña-Nieto oversaw constitutional reforms that ended state-run monopolies, and opened Mexico’s power market to competition and investment from foreign and private companies. By most accounts, the policies were highly effective in spurring investments in renewable energy and efficient natural gas-fired […]

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Is It Safe to Invest in Mexican Energy Projects?

Credit to Author: Aaron Larson| Date: Thu, 18 Mar 2021 14:43:59 +0000

The post Is It Safe to Invest in Mexican Energy Projects? appeared first on POWER Magazine.

In late 2013, Mexico embarked on a path to transform its energy markets. Then-President Enrique Peña-Nieto oversaw constitutional reforms that ended state-run monopolies, and opened Mexico’s power market to competition and investment from foreign and private companies. By most accounts, the policies were highly effective in spurring investments in renewable energy and efficient natural gas-fired […]

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Solar Industry Adds Record Capacity in 2020 in Spite of Pandemic

Credit to Author: Aaron Larson| Date: Tue, 16 Mar 2021 17:38:03 +0000

The post Solar Industry Adds Record Capacity in 2020 in Spite of Pandemic appeared first on POWER Magazine.

The U.S. solar industry installed a record 19.2 GWdc of photovoltaic (PV) capacity in 2020, a 43% increase from 2019, according to a report released by the Solar Energy Industries Association (SEIA) and Wood Mackenzie. The numbers are particularly impressive considering the world was dealing with unique challenges as a result of COVID-19. “After a […]

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Board Votes to Fire ERCOT CEO

Credit to Author: Darrell Proctor| Date: Thu, 04 Mar 2021 03:21:24 +0000

The post Board Votes to Fire ERCOT CEO appeared first on POWER Magazine.

Board members of the Electric Reliability Council of Texas (ERCOT), the entity that operates and manages the electricity grid that covers much of Texas, voted late on March 3 to fire ERCOT CEO Bill Magness. The move comes as state and federal officials continue to investigate the actions of the grid operator that led to […]

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Power Co-op Files Bankruptcy After $2.1 Billion ERCOT Bill

Credit to Author: Darrell Proctor| Date: Mon, 01 Mar 2021 19:40:28 +0000

The post Power Co-op Files Bankruptcy After $2.1 Billion ERCOT Bill appeared first on POWER Magazine.

The group considered Texas’ oldest and largest electricity cooperative has filed for Chapter 11 bankruptcy protection, saying it can’t pay money wanted by the state’s grid operator in connection with power outages during a major winter storm that hit in February. Brazos Electric Power Cooperative filed its bankruptcy petition March 1 in the U.S. Bankruptcy […]

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