Markets
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News
Power Co-op Files Bankruptcy After $2.1 Billion ERCOT Bill
The group considered Texas’ oldest and largest electricity cooperative has filed for Chapter 11 bankruptcy protection, saying it can’t pay money wanted by the state’s grid operator in connection with power outages during a major winter storm that hit in February. Brazos Electric Power Cooperative filed its bankruptcy petition March 1 in the U.S. Bankruptcy […]
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News
ERCOT Signaling Some Relief as Power Crisis Stretches Into Fourth Day
After three harrowing days during which the Texas grid veered precipitously toward system collapse, the Electric Reliability Council of Texas (ERCOT) has begun directing transmission operators to cease rotating blackouts. The grid recorded a gradual increase of restored generation capacity through Feb. 17 and overnight on Feb. 18. Early on Thursday, a little more than […]
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News
ERCOT Sheds Load as Extreme Cold Forces Generators Offline; MISO, SPP Brace for Worsening System Conditions
Historically frigid temperatures across Texas forced 34 GW of generation—across all fuel types—off the Electric Reliability Council of Texas (ERCOT) system, prompting the grid operator to initiate rotating outages starting at 1:25 a.m. CST on Feb. 15. ERCOT said it expects outages will likely last at least through Feb. 16. This article has been updated […]
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Commentary
The Biden Administration Can Help Set American Energy on a Winning Course
The 46th president of the United States has officially been sworn in. During his inauguration address President Joe Biden spoke of unity, empathy, and the challenges Americans must face together. Challenges indeed abound for Biden’s incoming environmental and energy team, including New Mexico congresswoman Deb Haaland as Interior Secretary, former Michigan Gov. Jennifer Granholm as […]
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Renewables
Renewable Energy Insiders Remain Optimistic About the Future
It was about a year ago that COVID-19 gained the world’s attention. The first laboratory-confirmed case of COVID-19 in the U.S. was reported to the Centers for Disease Control and Prevention on Jan. 22
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Coal
Fending Off Forced Power Plant Outages
The changing profile of the power system has added new stressors on conventional power generation and may have raised the potential for forced outages. Addressing them requires a closer look at traditional and
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IIOT
Blockchain and Energy Innovation Marches On
Even in a pandemic, energy innovators are developing blockchain technology to implement powerful changes. From automating crude oil trading to amplifying the impact of renewable energy sources, innovations harnessing blockchain technology are likely to change the energy industry in profound ways. Inventors, enterprises, and investors who act today to obtain patent protection for their early […]
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International
Gas-to-Power Emerging as Central to Africa’s Economic, Industrial Future
The energy industry in Africa is staging a comeback after the pandemic’s significant economic impact over 2020. In 2021 and beyond, according to the Africa Energy Chamber (AEC), the revival will focus heavily on gas for power. While much progress has been achieved in the region’s vast and diverse power space, Africa’s power sector continues […]
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News
How the Energy Transition Is Affecting the EPC Business
Larger changes in the power industry are shaking up the engineering, procurement, and construction (EPC) business in the U.S. and abroad. Experts explain how the industry is fielding business impacts
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Legal & Regulatory
The Power Purchase Agreement in Transition
The power purchase agreement, commonly called a PPA, is a fundamental element to the development, construction, and financing of power generation projects. Like many things in the power industry, the PPA is
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