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
How long will NH continue to have fossil fuel generators? Granite Shore Power receives ISO-NE payments simply for keeping power plants available Will New Hampshire continue to burn coal and oil to produce electricity? And for how long? Those are questions for Granite Shore Power, a conglomerate of 18 companies that in January 2018 bought … Continue reading How long will NH continue to have fossil fuel generators?
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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BASF and NGK Partner to Sell Stationary Energy Storage Batteries BASF New Business GmbH (BNB) and NGK announced a sales partnership agreement that gives BNB non-exclusive rights to sell NGK’s NAS® batteries (sodium-sulfur (NaS)-based batteries) via BASF’s global channels. NGK’s NAS battery is the first commercialized megawatt-class battery which has the capacity to store large … Continue reading #BASF and #NGK Partner to Sell Stationary Energy Storage Batteries
Utilities hold the key to unlocking the real value of the smart home As the smart home market heats up, digitalization, changing customer demand, and innovation in home energy management technology has opened the door for electric utilities to get in on the game. While tech companies’ access to the home remains siloed to the … Continue reading Utilities hold the key to unlocking the real value of the smart home
Tesla might get into the mining business to secure minerals for electric batteries Tesla might get into the business of mining minerals used in electric vehicle batteries if it wants to expand its product lineup and scale production, CEO Elon Musk said during the company’s annual shareholder meeting. The comments came after Musk talked about … Continue reading Tesla might get into the mining business to secure minerals for electric batteries
Oxnard, California: The City That Stopped A Gas Plant When NRG Energy, one of the largest electric power producers in the country, won a contract to build a new gas plant on the beach in Oxnard, California, in 2014, nearly everyone assumed it was a done deal. The region’s electric utility, Southern California Edison, needed … Continue reading Oxnard, California: The City That Stopped A Gas Plant
Storage system costs could rise 15% with escalation in US-China trade dispute: Report The stalled trade negotiations between the United States and China could put a strain on America’s burgeoning energy storage market. President Donald Trump has used the threat of additional tariffs to get Beijing to the negotiating table. But the tactic has yet … Continue reading Storage system costs could rise 15% with escalation in US-China trade dispute: Report
Solar panel owners will need smart meters to sell energy to the grid Solar panel owners will be forced to get a smart meter in order to be paid for the extra energy they produce, under Government plans unveiled this week. The smart export guarantee (SEG), which was unveiled on Monday, requires suppliers to pay … Continue reading Solar panel owners will need smart meters to sell energy to the grid
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