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Markets


The Solar and Wind Power Cost-Value Conundrum

The costs for wind and solar power generating systems have decreased dramatically over the past decade. According to the International Renewable Energy Agency (IRENA), the global weighted-average levelized cost of…



The Future Electric Grid: How HVDC Could Transform the U.S. Power System

The U.S. electric grid is a complex web of interconnected power lines. It functions remarkably well, considering that it is a constant work in progress. Yet, what has served adequately…


ERCOT, Caught in Political Crossfire, Releases Reliability ‘Roadmap’

The Electric Reliability Council of Texas (ERCOT) has unveiled a roadmap outlining crucial improvements designed to enhance grid reliability, taking into account recent legislation, regulatory mandates, and a recent push…


California Braces for New Reliability Crisis as Wildfire Threatens Crucial Intertie

The rapidly spreading Bootleg Fire tripped off transmission lines that transport power from the Pacific Northwest to California and other states over the weekend, prompting the California Independent System Operator…


Reliability-Wary California Will Procure More Energy Resources to Get It Through Summer

Stricken by repeated extreme heat events, the prospect of a worsening drought, incremental resource delays, and the “unforeseen” loss of 300 MW in thermal resources, California has set out to…


Solar Power Helps Stabilize Electricity Prices in Brazil

Brazil is blessed with a wealth of natural resources. It gets almost two-thirds of its electricity from hydropower facilities, and it also has enormous potential for wind, solar, and natural…