A Giant Flaw in the Texas Blackout: It Cut Power to Gas Supplies
When the Texas power grid was on the brink of collapse and its operator plunged thousands into darkness, it didn’t make an exception for the oil and gas field. Power Continue Reading
Texas Grid Failure Stirs Feud Between Cities and State
For the Republicans who have run Texas state government for years, trying to undermine the Democrats who lead the state’s largest cities has been a blood sport for years. They Continue Reading
Duke Mulls New Gas Plants That Would Close Early on Climate Goal – Bloomberg
Duke Energy Corp. is considering building as many as 15 new natural gas units even as the company commits to eliminating carbon emissions by 2050. In order to still meet its Continue Reading
Dominion Energy plans to spend $72 billion on decarbonization by 2035
Designed to drive 10% annual return Offshore wind, solar are big components Quarterly earnings down on year Dominion Energy’s planned $72 billion capital investment in decarbonization by 2035, touted as Continue Reading
US West power prices rally on winter weather set to impact the region
Power prices soared double digits throughout the West Feb. 11 as frigid arctic air brought winter weather warnings Receive daily email alerts, subscriber notes & personalize your experience. Register Now Continue Reading
American Utilities Are Getting Pummeled By Unpaid Bills
Since the onset of the pandemic, millions of Americans have been struggling with paying rent and utility bills, putting a strain on power utilities’ revenues and raising the question about Continue Reading
Duke Energy Customers Could Pay $5 Billion For Stranded Plants
Customers of Duke Energy in the Carolinas could end up paying more than $4.8 billion for planned natural gas-fired capacity that could become stranded as part of the company’s pledge Continue Reading
After Shortages, Pakistan Suddenly Has Too Much Electricity – Bloomberg
After spending decades tackling electricity shortages, Pakistan now faces a new and unfamiliar problem: too much generation capacity. The South Asian nation’s power supply flipped to a surplus last year Continue Reading
US Gas-Fired Power Generation Set For First Drop Since 2017
Higher natural gas prices this year are expected to result in the first annual decline in U.S. gas-fired electricity generation since 2017, the U.S. Energy Information Administration (EIA) said on Continue Reading
Toshiba develops new magnetic material that delivers improved motor energy conversion efficiency
Toshiba Corporation has developed a new magnetic material with characteristics that deliver major improvements in motor efficiency at minimum cost, and with the potential to win significant reductions in power Continue Reading
How Joe Biden’s 2035 Green Energy Grid Could Work
In a net-zero future, there would be almost no power plants with uncontrolled emissions. But at the start of this year’s presidential campaign, way back in the spring of 2019, Continue Reading
Most of America’s dirty power plants will be ready to retire by 2035
The U.S. energy transition is well underway. Electricity from solar and wind is increasingly competitive with natural gas power, and the grid is hemorrhaging coal plants that no longer make Continue Reading
Bitcoin Miners Are Starving Entire Cities Of Electricity
In the side streets and narrow alleys of Abkhazia’s main city, a low growl and an oily stench are commonplace. Thrumming diesel generators provide power amid rolling blackouts that have Continue Reading
Xcel Energy to convert oldest Texas coal plant to burn natural gas by January 2025
Xcel Energy Inc. intends to convert its first coal-fired power plant in Texas — a 1,018-MW generating station — to run on natural gas, a plan in line with the Continue Reading
When Will Electricity Companies Finally Quit Natural Gas?
As Americans suffer through immense wildfires, rising coastal flooding and an epic hurricane season, the nation’s corporations want you to believe they are coming to grips with the climate crisis. Continue Reading
U.K.-France Power Link Makes Grid More Nimble for Wind Farms
National Grid’s IFA2 interconnector will power 1 million U.K. homes National Grid Plc has started the final testing phase for its second power link to France, adding much needed flexibility Continue Reading
Coal, nuclear retirements in US Midwest might boost gas-fired power demand
As natural gas storage surpasses five-year maximum levels in the US Midwest, a swath of coal and nuclear power plant retirements look to boost gas’ share of generation winter over Continue Reading
U.K. Plans to Create Offshore Grid to Connect Wind Farms
National Grid Plc outlined a plan for an offshore grid that will link new wind parks and interconnectors, saving consumers 6 billion pounds ($7.7 billion) by 2050. The network operator’s Continue Reading
Major Utility Compares Green Power Cost Scenarios
Duke Energy Corp., the nation’s largest electric utility, says it can cut greenhouse gas emissions more than 70% in the next 15 years in North and South Carolina — but Continue Reading
Power out for about 360,000 due to Laura; service restoration may take weeks
About 360,000 power customers remained without electricity in Arkansas, Louisiana and Texas on Aug. 31 in the wake of the cyclone Laura, diminishing power demand, and Entergy is warning its Continue Reading
US coal-fired power generation totals 65.5 TWh in June, hitting seven-month high: EIA
US coal-fired power generation totaled 65.5 TWh in June, up 40.8% from May, Energy Information Administration data showed Aug. 25. It was the highest level of coal-fired generation since December Continue Reading
Trump fires TVA chair, cites hiring of foreign workers
President Donald Trump said Monday that he had fired the chair of the Tennessee Valley Authority, criticizing the federally owned corporation for hiring foreign workers. Trump told reporters at the Continue Reading
Prices rebound on summer heat, increased load as reopening continues
Western wholesale power prices in June jumped on average 26% month on month as demand increased with the continued reopening of businesses and with warmer weather moving into the region. Continue Reading
Trump’s Grid Order Baffles Utilities Over What They Can Buy
U.S. utilities are scrutinizing their suppliers of transformers and other power-grid equipment for ties to China as they await details on President Donald Trump’s order to crack down on imports Continue Reading
The Power Grid Is Getting Bigger, But Plants Are Shrinking
The delivery of a gas turbine doesn’t normally make the news. But the Siemens 9000HL model that arrived last week to the Keadby2 combined-cycle power plant in the U.K. is something special. Weighing in at just Continue Reading
Americans Face 25% Jump in Power Bills, Adding to Summer Woe
As the U.S. faces a blisteringly hot summer, millions of people already reeling from the coronavirus’s economic fallout are about to face sharp increases in electric bills that may drive Continue Reading
Why Power Companies Can’t Ditch Coal Just Yet
We’ve always had difficulty understanding why US electric companies have not simply closed down old, smaller and least efficient coal-fired power plants quickly. From a simple bargaining perspective we thought Continue Reading
US wholesale power sales fall 4.2% in Q1 due to warm weather, coronavirus
Total wholesale power sales in the first quarter of 2020 came at 1.33 billion MWh, a decline of 4.2% from Q1 2019, according to data filed with the US Federal Continue Reading
Before the U.S. Can Have Clean Power, It Needs More Power Lines
The U.S.’s Great Plains and desert Southwest have sweeping winds, abundant sunshine, and, crucially, not many people. Low population means lots of unoccupied land and very few buildings to block Continue Reading
The World’s Electricity Demand Is Rising Faster Than Its Population
Electricity consumption around the world is growing faster than the population, with consumption per capita rising, the U.S. Energy Information Administration (EIA) said on Monday. According to EIA’s International Energy Continue Reading
A Unique Engine Is Bringing Power to a Remote Philippine Island
An Israeli startup is hoping a new engine design can help bring power to remote outposts in Asia. Aquarius Engines Ltd. announced a partnership with Nokia Oyj on Monday and plans to begin field Continue Reading
UK power grid balancing costs up 49% in April as gas fees boom
Balancing costs for April on the UK electricity grid were up 49% year on year as constraint payments to gas plants more than doubled to GBP56 million ($70 million), according Continue Reading
IEA says global power sector to see almost $80 bil drop in investment in 2020
The International Energy Agency’s executive director said Thursday that with an historic $400 billion decline in overall energy investment in 2020 expected, the global power sector will account for almost Continue Reading
Covid-19 Recovery: Power Market Shows People in Europe Stay Home
A recovery in power demand faltered in Europe this week with citizens still cautious about resuming normal life. pain showed the strongest growth from a week earlier with electricity use Continue Reading
Biggest Power Demand Plunge Since Great Depression Is Reshaping Markets
The global plunge in electricity demand will drag on long after nations lift stay-at-home orders, leading to the biggest annual drop since the Great Depression and fundamentally reshaping power markets. As Continue Reading
Coal-fired generation stays longer, gas generation grows slower in new forecast
Coal-fired generation has been forecast to slow its decrease in the share of US generation in S&P Global Platts Analytics’ latest long-term forecast, compared with an earlier forecast, and natural Continue Reading
These dirty power plants cost billions and only operate in summer. Can they be replaced?
As the U.S. approaches another scorching summer, the power grid will be tested once again. Energy use typically spikes during heat waves due to the massive amount of electricity required Continue Reading
Mobile Power Stations Are Taking to the High Seas
As economic lockdowns complicate efforts to bring electricity to every corner of the planet, one company is putting generation units on ships that can sit offshore and plug into local Continue Reading
Is This The Most Innovative Power Company In The World?
We came to the conclusion that the future is a separate line of business when perusing the graphically flashy 2019 annual report issued by Enel S.p.A. the Rome-based energy company. Continue Reading
US monthly coal-fired power generation declines to new low of 56.1 TWh in February: EIA
US coal-fired power generation totaled 56.1 TWh in February, down 14% from Monday, US Energy Information Administration data showed Friday. From the year-ago month, generation was down 29.9%. Additionally, February Continue Reading
Pandemic causing 8%-9% power demand decrease nationwide:
he novel coronavirus pandemic has cut power demand by 8% to 9% power in various US markets, with some market regions – New York City, for example – having much Continue Reading
Power Demand In U.S. Falls To Nearly Two Decade Low
As stay-at-home orders keep businesses shuttered across much of the United States, electricity demand has fallen to a near 17-year low, according to analysts at the Edison Electric Institute (EEI) Continue Reading
Get Ready for More, Longer Blackouts Due to the Coronavirus
By mid-Monday morning, storms sweeping north from the Gulf Coast had left more than 1.3 million out of power in the U.S. Under normal circumstances, this would have called for the mass Continue Reading
As states use less coal for electricity, driving electric vehicles becomes even cleaner
Battery electric vehicles are only as clean as the energy source used to generate the electricity that powers them. The calculated relative amounts of well-to-wheels emissions of greenhouse gases from Continue Reading
Electricity prices slump as businesses close across the US
The coronavirus pandemic has led to a sell-off in wholesale US electricity markets as closed restaurants and office buildings, and idled factories, lead to lower power use. The price decline is Continue Reading
UK electricity demand down up to 19% since lockdown: Elexon
UK electricity demand has fallen between 15% and 19% since the coronavirus lockdown March 23, electricity balancing and settlement code manager Elexon said Friday. Receive daily email alerts, subscriber notes Continue Reading
U.S. Power Demand to be ‘Profoundly’ Hit as Lockdowns Spread
The closures of schools, factories and offices to prevent spread of the coronavirus will “profoundly impact” the U.S. power sector, according to BloombergNEF. Already in New York, electricity use dropped about Continue Reading
Summer heat comes early for ERCOT as prices spike to $80s/MWh
Electric Reliability Council of Texas wholesale spot power prices have jumped higher than the five-year March average high as parts of the state hit 90-degree weather more than a month Continue Reading
Oil Crash Could Trigger A Recession In The Middle East
The oil price war that Saudi Arabia and Russia started will hurt the fiscal revenues of the oil producers in the Persian Gulf, including the Saudis, OPEC’s top producer and Continue Reading
The Risk Of Stranded Energy Assets
The specter of stranded assets in the US electric utility industry has risen again like the undead in a typical horror movie. A leading Wall Street analyst noted recently that Continue Reading