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…
Markets
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. The digital…
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…
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…
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…
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…
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.…
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…
An erupting geothermal geyser showing areas of geothermally altered ground. Photo credit: Sigurdur William Brynjarsson/Geothermal Resources Council After several years of stagnancy, prospects for the geothermal power industry are heating…
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…