ERCOT
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Data Centers
Pacifico Energy Building Massive Gas, Energy Storage Project to Serve Texas Data Centers
An energy infrastructure company said it’s moving forward with the GW Ranch project, an off-grid complex in Texas that will combine natural gas-fired generation and battery energy storage to provide nearly 7 GW of power in Pecos County. The campus, sited on more than 8,000 acres, is designed “to support hyperscale data centers and the […]
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Press Releases
GridBeyond Expands Services with Revenue Floor and Synthetic Toll Contracts in ERCOT and CAISO
GridBeyond now offers revenue floor and toll contracts for selected power storage projects in the Electric Reliability Council of Texas (ERCOT) and California Independent System Operator (CAISO) markets. Backed by highly rated underwriting partners, these contracts provide project owners with new tools to de-risk their balance sheets or secure financing. Each contract is customizable, allowing […]
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Solar
Texas Solar Projects Move Forward Under New Leadership
OCI Energy and Sabanci Renewables jointly announced the successful closing of the sale of Project Lucky 7 Solar, a 100-MWac/130-MWdc installation located in Hopkins County, Texas, within the ERCOT-North market. The companies on August 15 said the project, which was developed by OCI Energy, will now move forward to construction and operation under the leadership […]
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Energy Storage
Energy Storage Group Closes Financing for Texas BESS Project
A global developer of grid-scale energy storage projects said it has closed project financing and completed a 10-year offtake agreement for a battery energy storage system (BESS) installation in Texas. Energy Vault, with headquarters in California and offices in Virginia, Switzerland, and Australia, on July 24 said the $18-million project financing for the Cross Trails […]
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Press Releases
South Texas Electric Cooperative Issues Request for Proposals to Meet Long-Term Capacity and Energy Needs
Proposals of up to 500 MW of firm, dispatchable capacity and associated energy requested. NURSERY, Texas, July 14, 2025 — South Texas Electric Cooperative Inc. (STEC) today issued a request for proposals (RFP) through which it seeks to obtain long-term generating capacity and associated energy. The RFP solicits bids for up to 500 megawatts (MW) […]
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Legal & Regulatory
NERC’s Summer Grid Outlook Shows Progress, but Elevated Risks Persist as Load Growth Outpaces Flexibility
All regions across the North American bulk power system (BPS) are generally positioned to meet peak demand under normal summer conditions, though elevated risks of electricity supply shortfalls could persist under extreme heat, surging demand, and resource variability, the North American Electric Reliability Corp. (NERC) warns. In its May 14–released 2025 Summer Reliability Assessment (SRA), […]
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Energy Storage
Using Battery Aging Data to Prepare BESS for Wholesale Energy Markets
Participation in wholesale energy markets offers a critical source of revenue for battery energy storage systems (BESS). Across transmission organizations in the U.S., storage operators can deploy their units to participate in various wholesale markets.
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Legal & Regulatory
Nation’s Power Operators Warn Congress of a Coming Reliability Shortfall
Seven major U.S. grid operators have raised a unified alarm about an impending capacity crunch, warning that the pace and scale of explosive demand—including from data centers, manufacturing, and electrification—pose a precarious misalignment with accelerating generator retirements and transmission constraints. At a March 25 hearing before the House Energy and Commerce Subcommittee on Energy, the […]
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Trends
EIA’s Perspective on Price Volatility Needs Context
In January, the U.S. Energy Information Administration (EIA) said U.S. wholesale electricity prices were less volatile in 2024 than they have been over the last few years. But that’s just one, limited perspective on the data. If we consider the macrotrends at play, it’s clear that U.S. markets won’t return any time soon—if ever—to the […]
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Power
AI-Powered Energy Forecasting: How Accurate Predictions Could Save Your Power Company
Net-demand energy forecasts are critical for competitive market participants, such as in the Electric Reliability Council of Texas (ERCOT) and similar markets, for several key reasons. For example, accurate forecasting helps predict when supply-demand imbalances will create price spikes or crashes, allowing traders and generators to optimize their bidding strategies. It’s also important for asset […]