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EIA


California Drought Could Severely Limit Hydropower This Summer

Drought in California could nearly halve the state’s hydroelectric generation this summer, pushing up wholesale power prices in the West, and forcing the state to rely on natural gas generation…


Market Transitions: The MOPR Merry-Go-Round

The PJM Interconnection’s Minimum Offer Price Rule (MOPR) was introduced in 2006 as a floor to bar new generators from artificially depressing capacity auction clearing prices through below-cost bids. In…


Renewables' Share of U.S. Power Will Keep Upward Trajectory

Renewable energy's share of U.S. power generation continues to rise, and the percentage of electricity produced by burning natural gas and coal continues to fall, according to the latest "Short-Term…


Former Coal Mine Will House New Pumped-Hydro Storage Project

A company active in the hydropower sector is working on a new project to build a pumped-hydro storage facility at the site of a former coal mine in Kentucky. Boston,…


Solar+Storage Will Lead New U.S. Generation Capacity

Solar power paired with energy storage is expected to lead capacity additions in the U.S. power generation sector over the next two years, according to the latest Electric Monthly Update…