Markets

Investors in the global power and utilities sector embraced agendas that created long-term value during the first half of this year, as the COVID-19 pandemic roiled the world. Recent activity points to several interesting trends that will likely persist in a post-crisis world and may even accelerate change in the sector, new analyses from global […]

It’s an article of faith in large parts of the U.S.—at least among power industry people—that organized and Federal Energy Regulatory Commission (FERC)–regulated “merchant” interstate power markets are the best way to ensure a sufficient supply of electricity, as well as to ensure fair and equitable prices for ratepayers. On that basis, large areas of […]

How electricity is delivered to customers in the U.S. is complicated. Consumers in some states have no choice who supplies their power; state commissions regulate utilities as vertically integrated electricity providers. Other states utilize a competitive model in which power producers can openly access transmission infrastructure and participate in wholesale electricity markets. Yet, there isn’t […]

GE Gas Power and Uniper have agreed to roll out a detailed decarbonization roadmap that may entail hydrogen-friendly upgrades to all GE gas turbines and compressors at the German generation giant’s gas power plants and gas storage facilities across Europe.  Under the agreement, GE Gas Power and Uniper will form a joint working group to […]

Washington, D.C. – Yesterday, the Federal Energy Regulatory Commission (FERC) approved a proposal from the Midcontinent Independent System Operator (MISO) to add a new affiliate sector to its Advisory Committee that will provide formal representation for the coal sector, thus enabling coal interests to provide their perspective on important policy issues as part of MISO’s […]

Coal burn in the power sector has fallen off a cliff. Demand peaked at 1.045 billion tons in 2007. The U.S. Energy Information Administration (EIA) estimates consumption in 2020 will be 377 million tons, a drop of 64% in little more than a decade. The EIA is forecasting a modest rebound in 2021 (to 462 […]

The Federal Energy Regulatory Commission (FERC) finalized a long-awaited rule revising regulations that govern qualifying small power producers and cogenerators under the Public Utility Regulatory Policies Act of 1978 (PURPA). While FERC said the rule was necessary to respond to significant market changes, the action drew mixed reactions from industry.  FERC’s final rule issued on […]

CWLP is committed to serving customers with excellence, planning for the future, and delivering exceptional services to the community. Due to the anticipation of unit retirements, CWLP is seeking bids for Power Purchase Agreements (PPA) with a Commercial Operation Date (COD) between 2021 and 2023 from new or existing resources. CWLP seeks to procure Energy […]

Hitachi on July 1 commandeered a majority share of ABB’s lucrative Power Grids business and officially launched a joint venture company—Hitachi ABB Power Grids. The new company, which already has a volume of about $10 billion, is expected to provide financial muscle to support ambitious projects and new business opportunities as the sector embraces decentralization […]

Traditional models have been upended by recent disruptions, including decarbonization, decentralization, and even the COVID pandemic, but new ones are replacing them that focus on customer preference

While island governments are exploring marine power technologies as serious options for future resources to replace diesel, technology developers are looking at improved value through new revenue streams, such

An energy imbalance market (EIM) is a voluntary market that provides a sub-hourly economic dispatch of participating resources for balancing supply and demand every five minutes. One such market is the Western

Power customers are demanding personalized energy solutions, forcing the industry to alter business models. The leading providers of the future will be digital, agile, efficient, and highly customer-centric

While the nation is rightfully consumed with responding to the COVID-19 crisis, other battles are being fought that also will have decades-long consequences. One of those involves states seeking to override

Four U.S. nuclear generators—Energy Harbor, Xcel Energy, Exelon, and Arizona Public Service (APS)—are making headway on projects to demonstrate hydrogen production at nuclear plants, but scaling those efforts up to net new end-users and sources of revenue is still ridden with hurdles, company officials said in a panel discussion at the American Nuclear Society’s (ANS’s) […]

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)

The global crash of prices for crude oil, on top of a prolonged slump in the price of natural gas, is taking a toll on the oil and gas sector. The coal industry also continues to suffer, as the supply of

Despite uncertainties posed by the COVID-19 pandemic, the Electric Reliability Council of Texas (ERCOT) again expects to shatter its peak demand record this summer. Factoring in changes to its generation profile, extreme weather, and low wind output, the grid operator expects energy alerts are still possible.  ERCOT’s forward-looking projections for capacity, demand, and reserves are murkier, […]

After several years of stagnancy, prospects for the geothermal power industry are heating up. Over the past year, it has seen a flurry of legislative boosts, an uptick of power purchase agreements, and

The Energy Information Administration (EIA) in February 2020 published capital costs and performance characteristic estimates for 25 new electric power generating technologies. These estimates come from global engineering and design firm Sargent & Lundy (S&L), which the EIA commissioned to help accurately reflect the changing cost of new power generation technologies for the Annual Energy […]

OPG Reaches First Criticality at Darlington 2, Delays Work at Unit 3. Ontario Power Generation’s (OPG’s) Darlington Unit 2 reactor, the first of four reactors the company is overhauling at the Darlington

Much has been written about renewable energy, but few stories have focused on the complexity of determining the optimal mix of solar and wind generation, and the kind and amount of energy storage, that

Electric vehicle adoption is expected to continue growing, especially in delivery and service company fleets. That means load demand could surge, particularly around charging depots, and utilities must plan

Maintaining grid reliability and stability is increasingly challenging as renewable energy resources are added to the power mix. Combining battery storage systems with gas turbine units can improve overall

Onshore wind and photovoltaic (PV) solar power are the cheapest forms of new-build power generation for at least two-thirds of the world’s population, according to analysis published by research company BloombergNEF (BNEF). Meanwhile, battery storage has become the lowest-cost new-build technology for peaking purposes in gas-importing regions, such as Europe, China, and Japan. BNEF reported […]

Here’s the good news: humanity knows how to solve climate change. Wind, solar, energy storage, and efficiency technologies are cost-competitive, fully mature solutions that are ready to be deployed everywhere. Wind and solar are now the cheapest forms of new energy to build and continue to get cheaper. COMMENTARY Now the bad news: market inertia […]

The U.S. will attempt to regain its international standing as a world leader in nuclear energy through a three-pronged strategy that will essentially seek to strengthen the full domestic nuclear fuel cycle, possibly deny imports of nuclear fuel fabricated in Russia or China, and promote advanced reactor technologies. The strategy is outlined in the White […]

2020 will be a year dominated by environmental issues. Governments are under increasing pressure from climate activists and protest groups to address carbon emissions and reduce fossil fuel consumption. The effect of this scrutiny has been largely felt in the energy sector. This decade organizations within this industry will have to manage new environmental taxes […]

It’s an unprecedented time for power generators worldwide. Utilities, grid operators, equipment manufacturers, and others working to keep the lights on know that a reliable supply of electricity is more important than ever as the world battles through the coronavirus pandemic. Dino Barajas, who recently joined the finance arm of DLA Piper in Los Angeles, […]