LITTLETON, Colorado, June 20 (Reuters) – The Texas power grid operator urged homes and businesses to conserve electricity on Tuesday as the first major heat wave of the season spurs residents to crank power-hungry air […]
Notwithstanding the Texas Legislature’s just-passed measures to prevent brownouts, the Electric Reliability Council of Texas says they could happen this summer before the new legislation takes effect. State Rep. Brooks Landgraf, Sen. Kevin Sparks and […]
Dive Brief: The Texas Senate on Wednesday approved a package of energy reforms including a $10 billion “energy insurance program” that aims to shore up grid reliability through development of a fleet of new gas-fired […]
After a boom in wind and solar generation, regulators in the nation’s top energy-producing state are pushing ahead with a plan that would incentivize more natural gas plants on the power grid. The new framework […]
A 400MW early-stage battery storage project in ERCOT, Texas, has been acquired by a joint venture (JV) controlled by Italian firms Redelfi and Altea Green Power, for up to US$8.5 million. The firms’ JV entity […]
After an extreme winter storm in Texas caused more than 200 deaths and a loss of power for over 4.5 million homes in February 2021, the Public Utility Commission (PUC) and the legislature worked quickly to find […]
Commodities are the lifeline to the global economy. We eat energy. Periods of strong demand often reveal strains in supply chains that lead to rapid price appreciation. Capital investment follows, with return expectations extrapolated from […]
The U.S. Department of Energy has cleared the way for Texas power plants to pollute more than is usually allowed, such as by burning dirtier fuel oil instead of natural gas, to keep the electricity […]
Since early 2020, ERCOT has experienced tremendous load growth. From 2019 to 2021, the number of 4CP days grew approximately 4%, and reached 11% in 2022. During this time, Off-Peak load growth, which is likely […]
Battery storage developer Spearmint Energy has started building a 150MW/300MWh unit in the ERCOT, Texas market, its first project. The company announced the start of construction of the two-hour duration ‘Revolution’ energy storage project in […]
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