Markets

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 by the state’s governor for market incentives that will help the grid bulk up on “adequate and reliable” resources, like natural gas, coal, and nuclear […]

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 (ISO) to issue another Flex Alert—the sixth such conservation notification this summer. According to the state’s Incident Information System, the intense fire in Southern-Central Oregon […]

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 secure additional energy resources to ensure reliability this summer. Responding to a June 29 letter from the California Public Utilities Commission (CPUC) and the California […]

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 gas-fired power. Yet, the country is saddled with higher than average electricity prices compared to most developed nations. A study conducted by McKinsey & Company […]

If you’ve seen the musical “Cabaret,” you know that “money makes the world go ‘round” in a variety of ways. While it may not indeed make the power and energy sectors “go ‘round,” money does

The way we generate and distribute electricity has become a Rubik’s cube for power companies, regulators, and consumers. The need to reduce carbon emissions linked to climate change by investing in renewables is acknowledged by most experts. At the same time, recent unusual weather events have demonstrated that there is also an urgent need to […]

Michigan’s largest energy provider Consumers Energy will stop using coal as a fuel source for power generation within the next four years—15 years earlier than previously planned. In an updated integrated resource plan (IRP) filed with the Michigan Public Service Commission (MPSC) on June 23, the CMS Energy subsidiary said the effort would lead Michigan’s […]

The term “open source” is well-recognized in the technology world, but may not be as widely understood in other sectors. What open source means is that the software code is publicly available so that anyone can contribute to the code base and create add-on extensions. This enables the growth of a market of providers that […]

Texas Gov. Greg Abbott has signed into law sweeping bills approved by Texas legislators that will require power generators in the state to weatherize against extreme events and revamp organizational oversight of the Electric Reliability Council of Texas (ERCOT). Hours before the state’s regular 140-day legislative session dwindled to its end on May 30—and amid […]

Leadership provided event analysis and discussed implications for the Reliability Imperative CARMEL, Ind. — The Midcontinent Independent System Operator (MISO) recently published The February Arctic Event providing event details, lessons learned and implications for the Reliability Imperative. The RTO hosted a today and shared detailed information about how MISO managed the particularly challenging conditions of […]