Rising fuel costs, especially those of natural gas, drove up wholesale electricity prices in all U.S. regions in 2021, the Energy Information Administration (EIA) said in an analysis on Friday. Continue Reading
Rising fuel costs, especially those of natural gas, drove up wholesale electricity prices in all U.S. regions in 2021, the Energy Information Administration (EIA) said in an analysis on Friday. Continue Reading
Electrifying at least 1 million homes by 2030 New York Governor Kathy Hochul is throwing her support behind building electrification as part of her administration’s climate agenda. Receive daily email Continue Reading
Bad policy, complicated governance, and dense bureaucracy has made the entire electric grid of New England incredibly vulnerable to collapse. The region has shuttered nuclear plants, blocked pipeline expansions, and Continue Reading
Highlights 15.5 GW of new solar to be added in 2022 ERCOT expected to lead renewables additions CAISO to add 2 GW storage before summer US grid operators are expected Continue Reading
Highlights Year-on-year levels remain strong Weather also a factor in most of the region January forwards down on month, up on year Southeastern US wholesale power prices in November weakened Continue Reading
Nordic power prices on the Nord Pool exchange hit record highs on Sunday as cold weather, low renewables output and high gas prices continue to push up the cost of Continue Reading
For all the hype surrounding hydrogen, the cheapest way to warm a home during the green transition will be a heat pump. That’s the finding a new study by European Continue Reading
The Texas electric grid could suffer a massive shortfall in generating capacity in a winter deep freeze, potentially triggering outages similar to those in February, according to a report on Continue Reading
U.S. power reliability regulators on Tuesday recommended electric grids strengthen cold weather rules and coordinate with the natural gas industry to prevent a recurrence of the February freeze that left Continue Reading
Europe risks rolling power outages if there is a prolonged period of cold weather this winter, according to the chief executive of Trafigura, one of the world’s biggest commodity traders. Continue Reading
New York environmental regulators on Wednesday rejected permits to build two natural gas-fired power plants as the state focuses more on renewable projects and energy efficiency to meet its greenhouse Continue Reading
Germany, Denmark, Ireland and six other European countries said on Monday they would not support a reform of the EU electricity market, ahead of an emergency meeting of energy ministers Continue Reading
While electric vehicles are undoubtedly the future, the question of whether or not our power grid is also ready for the “future” has started to surface. Especially in places like Continue Reading
Soaring natural-gas and coal prices are forcing power-generation companies and manufacturers to switch to using oil, a trend that could add half a million barrels a day to global demand, Continue Reading
The energy crisis that’s led to electricity shortages and blackouts in Europe and Asia may be heading for the U.S. The energy crisis that’s led to electricity shortages and blackouts Continue Reading
From hydropower failures in South America to natural gas shortages in Europe, and coal prices soaring in Asia, the global electricity crisis has clearly gone global While plenty of observers Continue Reading
Soaring power prices amid Europe’s gas crunch will have a lasting impact on the bottom lines of mining and metal companies as prices in their long-term electricity supply contracts will Continue Reading
The UK’s gas crisis comes as part of a bigger natural gas phenomenon taking place worldwide, as prices skyrocket and firms do not know to respond. With Europe and North Continue Reading
Hydro-Québec has won a multibillion-dollar contract to deliver power into the heart of New York City, in a deal that helps cement the provincially owned corporation as a key supplier Continue Reading
Several European power firms have been shut out of bumper revenues from record-high gas and electricity prices as their sales are largely locked in at lower prices, and face extra Continue Reading
Hurricane Nicholas on Tuesday took another swipe at U.S. Gulf Coast energy facilities, cutting offshore oil and gas output gradually recovering from the last storm and disrupting power to onshore Continue Reading
A large fire at a key electricity converter station in the U.K. has shut down a major cable that brings power from France, worsening Britain’s energy crunch. Gas and power Continue Reading
Depleted natural gas inventories and low wind speeds have led to a surge in electricity prices across Europe, putting pressure on governments as consumers protest against surging power bills ahead Continue Reading
The Illinois legislature on Thursday edged closer to approving a deal that would save two Exelon Corp nuclear power plants from closing beginning on Monday after the House speaker announced Continue Reading
Future electricity systems must be made more resilient Prolonged blackouts in Louisiana following Hurricane Ida are a reminder the power grid needs to become more resilient as well as reliable Continue Reading
Hurricane Ida plunged more than 1 million customers on the Gulf Coast into darkness, and then knocked out power to another 200,000 in the Northeast on Wednesday night. The chief Continue Reading
Power should be restored to New Orleans by the middle of next week, utility officials said Friday, and sheriff’s deputies warned people returning to communities outside the city to come Continue Reading
Democrats want to drive carbon emissions out of the US power grid. But groups representing thousands of smaller electric utilities are wary of being conscripted in the campaign. The Democratic-led Continue Reading
Entergy Corp (ETR.N) said crews have begun assessing damage where it is safe to do now that Hurricane Ida, which weakened to a tropical storm on Monday, has passed through Continue Reading
Most of New Orleans went dark on Sunday after Hurricane Ida took out transmission lines and forced power plants offline. It was an all too familiar scene in a city that has Continue Reading
Gas prices a bigger factor in power hikes Stronger economy seen in some areas Pandemic may lessen price surge in 2021 Stronger North American power demand has had a muted Continue Reading
Highlights California battery storage capacity to double by end of year June-Aug. thermal generation up 27% over 5-year average Battery storage is taking off in California with nearly 1.2 GW Continue Reading
US Northeast power and gas prices saw significant rises on Aug. 24-25 trading amid the ongoing heatwave. In New York Independent System Operator, real-time locational marginal prices topped $1,000/MWh across Continue Reading
The electrification of homes is touted as one way to reduce greenhouse gas emissions in the residential sector as the U.S. Administration aims for a net-zero economy by 2050. But Continue Reading
Battery energy storage installations up 439% from Q1 Texas leads additions with 1.489 GW, 17% of pipeline US project developers installed 5.62 GW of clean power capacity in second-quarter 2021, Continue Reading
Electricity demand in Texas is expected to climb to an all-time high as searing heat continues to grip the region. The National Weather Service issued a hazardous weather outlook for Continue Reading
Highlights Zone K power prices surge over $1,500/MWh Multiple transmission, supply outages: LIPA Lower demand, temperatures expected week of Aug. 16 A heat wave that moved through the Northeast US Continue Reading
As drought persists across more than 95% of the American West, water elevation at the Hoover Dam has sunk to record-low levels, endangering a source of hydroelectric power for an estimated 1.3 Continue Reading
Highlights June CCDs average 1,268% higher than normal July hydro averaged 11.3 points lower year on year Mid-C averaging 202% higher than the August 2020 Mid-C wholesale power prices have Continue Reading
Even with a battery boom underway in California, the state predicts a power supply shortfall may worsen next year in extreme weather conditions like the heat waves and drought seen Continue Reading
Highlights Temperatures expected to rise to triple digits NYISO Aug. 12 demand forecast the highest in nearly three years US Northeast power, gas prices trended higher Aug. 11 as the Continue Reading
Electric cooperatives are still relying on coal for about a third of their output, the Wall Street Journal has reported, citing the latest data, for 2019. Co-ops, which serve some Continue Reading
The Texas power grid operator on Friday forecast demand next week would reach its highest so far this year as homes and businesses crank up air conditioners to bring relief Continue Reading
The phone call to the Eugene Water & Electric Board was startling. A group of homeowners, fearing a storm could knock down nearby power lines and ignite wildfires, was asking Continue Reading
The Texas power grid operator on Monday forecast demand would reach a record high over the next week as homes and businesses crank up their air conditioners to escape a Continue Reading
Record heat waves and crippling energy shortages across much of the Middle East are plunging homes and businesses from Lebanon to Iran into darkness and stirring unrest as poor families Continue Reading
As demand for clean energy surges, would-be developers are struggling to find enough transmission lines to carry power to the people. One increasingly popular solution: retired coal plants. Much as Continue Reading
Global electricity demand is growing faster than renewable energy capacity can be rolled out and will require more power to be generated from the burning of fossil fuels, the International Continue Reading
Global electricity consumption will surge this year as the world emerges from the coronavirus pandemic, with fossil fuels supplying almost half the increase in a shift that threatens ambitious net-zero Continue Reading
