Power Demand

Electricity is produced by a variety of generating units, each with different lead times and costs to be readied for service, and production costs once brought online. Because electricity is a commodity that

Wind power capacity in the U.S., whose explosive growth has tripled since 2008—even overtaking hydropower to become the nation’s largest source of renewable electricity—could face a period of stagnation once the production tax credit (PTC) is phased out in 2021. Analysts at WINDPOWER 2018 in Chicago last week called the period between 2021 and 2026 […]

The operator of the nation’s largest electrical grid on April 30 reiterated its system will remain reliable even with the retirements of substantial generation resources. But PJM Interconnection, whose system covers customers in 13 states, said it will conduct a review of its operations over the next several months “to understand the fuel-supply risks in […]

The traditional electricity grid is being transformed, as more businesses look to control their costs by producing their own power. A need for reliable backup power, the push for more resiliency in generation

The growth in power generation from renewable energy sources, along with the continued shift from coal-fired generation to natural gas, is expected to drive the global market for turbines over the next several years, according to a report released by international business analysts Research and Markets. The Dublin, Ireland-based company in an April 25 news […]

More and more people are finding distributed energy solutions are the answer for their power resource challenges. Distributed energy comes in many forms. Renewables such as solar and wind are top-of-mind when most people think of distributed resources, but natural gas-fired generation is often a good fit too, because it adds reliability to the system […]

Tennessee Valley Authority (TVA) CEO Bill Johnson in an exclusive interview with POWER suggested that the power industry continues to face an uncertain future.  Johnson said that during his 40-year career, he has seen more change in the last five years than in the previous 35 combined. Several indicators imply that will continue going forward. […]

Analysts who spoke with POWER differ slightly on the numbers, but they all agree that U.S. demand for natural gas for power generation will continue to rise. Supply should not be a problem—domestic

Concentric Power, a California-based provider of high-efficiency energy modules for onsite refrigeration and electric power generation, recently launched a $100 million financing program for cogeneration and microgrid projects. “We are excited to create a new path forward in energy infrastructure financing and development,” Brian Curtis, founder and CEO of Concentric Power, said in a press […]

In what has been a much longer and more drawn-out process than Entergy could have imagined when it first proposed a new gas-fired power plant in New Orleans, the company got some good news on February 21. The Utility, Cable, Telecommunications, and Technology Committee agreed—after what has turned out to be years of discussion—to send […]

After decades of lethargic power demand—and negative growth in 2017—U.S. electricity use is expected to grow steadily through 2050, driven by a healthy economy and increasing efficiency, the U.S. Energy Information Administration (EIA) projects in its Annual Electricity Outlook 2018 (AEO2018). However, during that period, direct-use generation will outpace growth in retail sales as more […]

This month’s THE BIG PICTURE infographic is accompanied by an interactive map. For more, visit: https://www.powermag.com/interactive-map-abandoned-nuclear-power-projects/

Increasing uncertainties concerning low forecasted load; construction financing constraints and reversals; state certification hurdles; and challenges to nuclear profitability posed by the growing share of coal plants beset the nuclear industry in the early 1970s. The nuclear suffered a renewed economic meltdown and fierce public pushback in the aftermath of the Three Mile Island accident […]

Multiple disparate trends could forcefully reshape power systems around the world. As electricity markets transform, technologies advance, industries converge, consumption patterns change, environmental

With a broadening portfolio of generation technologies and rapidly changing demands, effectively combining and integrating diverse technologies is important to a reliable power grid. Siemens’ SIESTART

Turbophase enables combustion turbine owners and power grids to increase flexibility, power, and efficiency, which is critical at a time when dispatch of renewable energy is growing. Combustion turbines

Merchant markets for independent power producers in the U.S. are unfavorable, and many companies in the sector have slumping profits—even big losses—as they ponder where to go in the months and years

Utilities across the U.S. are aware of beneficial electrification (BE) programs, but wide adoption has been held up by uncertainty about their potential and broader role in the evolving regulated utility

There are many tools available to assist companies as they gain a better grasp on how their energy is being used, and what that means for the goal of efficient energy management. Not all solutions are created

An energy transition is underway across the world. Market upheaval, defining events, and recent policy changes have accelerated a shift away from coal toward renewables. Here is how this transformation played out for some of the world’s major economies over the past decade. Graphs show percent of each fuel source of total generation for that […]

News about the rate at which new renewable power capacity is being added to grids around the world has been overshadowed by a remarkable trend that could revolutionize the renewables sector. Over the past few

General Electric (GE) said December 7 it will cut 12,000 jobs in its power unit as the company continues to struggle with changes in the global power market. The company in a statement said the staff reductions will save $1 billion in 2018. “Traditional power markets including gas and coal have softened,” the company said, […]

The PJM Interconnection, the largest regional transmission operator in the U.S., faces many problems: adapting to state policies designed to skew power markets in the face of natural gas and renewable

Michigan regulators on October 25 gave their support to Upper Michigan Energy Resources Corp.’s (UMERC) plan for two new natural gas-fired plants in the state’s Upper Peninsula (U.P.). The plants approved by the Michigan Public Service Commission (PSC) would be built in Baraga and Negaunee townships. The plants are designed to produce a combined 183 […]

Criticism for Secretary of Energy Rick Perry’s recent notification of proposed rulemaking (NOPR) directing the Federal Energy Regulatory Commission to show favor to coal and nuclear plants was in no short supply during an October 12 hearing of the House Subcommittee on Energy. The hearing, which focused on the Department of Energy’s (DOE) missions and […]

Electric generation and natural gas, both important to each other, have differing cultures, vocabularies, and histories, so making them work together has been a challenge. Glut. That word describes the state

Independent System Operator-New England celebrated its 20th anniversary last July with a solid record in its energy and capacity markets, turning around a fragmented regional electric system. Can it repeat

Houston-based Calpine Corp., which confirmed in July it was looking for a buyer, announced August 18 it has agreed to be bought by Energy Capital Partners (ECP) in a $5.6 billion deal. ECP is a private equity firm that focuses on investments in North American energy infrastructure. The purchasing group also includes a consortium of […]

Exelon could begin construction as soon as next week on an expansion of its 135-MW West Medway oil-fired peaking plant in West Medway, Massachusetts. The company’s plan to add two units and 200 MW of generation to the existing three-unit facility was deliberated for 29 months by state and local officials before a state board […]

The rise of some sources of alternative energy such as renewables, storage, energy efficiency, and demand response, and decline in others—specifically nuclear—will continue to impact regional gas and