Bloomberg: Texas makes a case for new plants Bloomberg is reporting that Texas’ generators had a profitable week as intense heat sent electricity prices shot up to unprecedented levels, briefly surpassing a US$9000 a MWh ceiling. That put producers more than three quarters of the way toward profits that the state’s power market monitor says … Continue reading #Texas makes a case for new plants
As Market Fault Lines Emerge, Where Could Stranded Costs Develop? S&P Global Market Intelligence recently highlighted the possibility that stranded costs in the electric sector could emerge again, 20 years after a wholesale restructuring of the industry that was intended to mitigate this type of risk. A recent S&P Global Market Intelligence webinar, Grid Transformation … Continue reading As Market Fault Lines Emerge, Where Could Stranded Costs Develop?
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Texas Utility Commission to Take Up Utility Ownership of Storage Assets The Texas Public Utility Commission is expected to address a lingering question this summer: Are utilities permitted to own battery storage to provide reliability solutions — if the competitive market there is unable to do so? The microgrid industry sits on both sides of … Continue reading Texas Utility Commission to Take Up Utility Ownership of Storage Assets
Free markets, infrastructure give Texas cleaner power grid For many years, policymakers in Washington have struggled to manufacture a workable policy that addresses the serious challenges we face from our changing climate without raising Americans’ energy bills. They could learn a few things from Texas. The Lone Star State has demonstrated how to increase production … Continue reading Free markets, infrastructure give #Texas cleaner power grid
Commodity merchant snaps up Texas wind A subsidiary of global commodity merchant Castleton Commodities International has acquired the 150MW Sherbino 1 wind farm in Texas. No details were given about the seller or the price of the transaction. Sherbino 1, which is located in Pecos County, delivers electricity into the ERCOT region. Castleton Commodities International … Continue reading Commodity merchant snaps up #Texas wind
Heading into summer, California power forwards soar, ERCOT reserve margin narrows Platts: Click here to listen to podcast
Tax Credits for Wind and Solar Work. Why are Texas Lawmakers Going After Them? The electricity grid that services most of Texas, which is managed by the Electric Reliability Council of Texas (ERCOT), got almost 19% of its electricity from wind last year. That is an amazing fact in a state that is legendary for … Continue reading Tax Credits for Wind and Solar Work. Why are #Texas Lawmakers Going After Them?
Two new 100-MW utility-solar units expected in the Permian Basin Houston — Two 100-MW utility-scale solar photovoltaic generation projects are either under construction or will soon be in two west Texas counties situated within the Permian Basin. One of the projects is to be owned by Duke Energy Renewables, the other by Germany’s E.ON. The … Continue reading Two new 100-MW utility- solar units expected in the #Permian_Basin
Texas’ solar market is about to catch fire With more than 5 GW of approved solar projects in the ERCOT grid, Texas is getting ready for a major boom in its utility-scale solar market. here is a lot of information that is publicly available on the U.S. electricity system. And one of the richest sources … Continue reading #Texas ’ solar market is about to catch fire