power demand

Rapid growth in the U.S. data center market is ushering in a new era of power demand and testing the ability of electric utilities to keep pace with this surging growth. Data center energy use has doubled over the past three years and is expected to continue climbing as more hyperscale data centers leveraging power-hungry […]

The future of energy may depend on technology with roots in the video game industry, by a company founded more than 30 years ago that wanted to use accelerated computing to improve the look and feel of the gaming experience. Jensen Huang, NVIDIA’s CEO and president since co-founding the Santa Clara, California-based company in 1993, […]

Incremental unplanned generation outages triggered during Winter Storm Elliott spiked to 90.5 GW—significantly more than the 61.8 GW during Winter Storm Uri in 2021—representing 13% of the U.S. portion of anticipated resources in the Eastern Interconnection. That finding, one of many disturbing details unveiled by the Federal Energy Regulatory Commission (FERC) and North American Electric […]

Washington, D.C. – A new report , “Operation of the U.S. Power Generation Fleet During Winter Storm Elliott,” analyzes the performance of traditional power sources and renewable energy during the December 2022 storm that brought record-setting low temperatures and high electricity demand to most of the country. Coal, natural gas, and fuel oil provided 94 […]

Only about 1% of the 250 million cars, SUVs, and light-duty trucks on American roads are electric vehicles (EVs). But that’s about to change. While it’s difficult to estimate future sales, an analysis by IHS Markit projects that up to 30% of new car sales could be electric by 2030, rising to up to 45% […]

Vermont doesn’t get a lot of attention outside of Bernie Sanders, but the state’s power system is worth taking a look at as it has undergone a notable shift toward renewable energy. About 80% of

Demand for electricity from the residential sector rose during the first several months of the global coronavirus pandemic, as workers stayed home and students studied remotely. Researchers, using data from the U.S. Energy Information Administration (EIA), said the second quarter of 2020 saw a 10% rise in residential electricity usage compared to the same months […]

Despite COVID-19’s impact on power demand, disrupted pre-season generation preparation, and an expected highly active hurricane and wildfire season, industry appears well-positioned to meet peak demand this summer under anticipated weather in nearly all parts of the North American bulk power system (BPS).  Other than in the Electric Reliability Council of Texas (ERCOT), anticipated reserve […]

It’s peak season for the U.S. power industry. While actual dates may vary from one utility to another, generally the summer peak period spans from Memorial Day (May 25 this year) to Labor Day (Sept. 7)

A clean energy valuation and risk analytics company said that low demand for energy during the COVID-19 pandemic, along with low prices for natural gas and strong power generation from renewable energy resources, has brought unprecedented low prices for electricity in multiple U.S. markets.  REsurety said its Renewable Energy Market Analytics Platform (REmap) shows that […]

The New York Independent System Operator (NYISO) on April 16 said weekday morning reductions in power consumption have averaged as much as 18% below typical levels, with the most dramatic drops noted in New York City as businesses remain closed during the COVID-19 pandemic. NYISO, in an updated analysis of estimated coronavirus demand impacts released […]

A study published by the Electric Power Research Institute (EPRI) shows peak demand and energy use decreased as much as 21% in some areas as a result of actions taken to reduce the spread of COVID-19. The report—COVID-19 Bulk System Impacts: Demand Impacts and Operational and Control Center Practices—was released on March 27. It reviews […]

The International Energy Agency (IEA) deemed growth and disruptions of the world’s power sector so significant to the future of energy, it dedicated—for the first time—a four-chapter “special focus”

Do you drive an electric vehicle (EV)? If you answered yes and live in the U.S., you’re among the roughly 1% of drivers doing so in this country. If not, how soon do you think it will be before you become

After decades of lethargic power demand—and negative growth in 2017—U.S. electricity use is expected to grow steadily through 2050, driven by a healthy economy and increasing efficiency, the U.S. Energy Information Administration (EIA) projects in its Annual Electricity Outlook 2018 (AEO2018). However, during that period, direct-use generation will outpace growth in retail sales as more […]

Cheap natural gas, stagnant power demand, and power prices that have fallen significantly since 2008 have jeopardized the economics of about two-thirds of the nation’s 100-GW nuclear capacity, according to a working paper from the Massachusetts Institute of Technology (MIT) Center for Energy and Environmental Policy Research. About 21 GW in merchant deregulated markets are […]

Ontario—Canada’s most populous province and its major economic engine—has an electric power supply system so driven by provincial politics that it has pushed the province’s utility generating arm, Ontario Power Generation, into what appear to be incoherent resource policies. Late last September, in a stunning announcement, the Canadian province of Ontario’s Energy Ministry said it […]

Worldwide power demand for computing could exceed the world’s energy production by 2040, according to a report from a global coalition of trade groups for microchip manufacturers. The recently released 2015 International Technology Roadmap For Semiconductors 2.0 (ITRS), prepared by experts from the U.S., Europe, Japan, Korea, and Taiwan, provides an assessment of the near future […]