ERCOT
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Renewables
NRG Sheds Generation Emphasis, Puts More Focus on Retail
To remain competitive in power markets increasingly characterized by disruptions, NRG Energy plans to accelerate its transition from a pure independent power producer (IPP) model to a more simplified customer-driven integrated power model that favors its retail businesses. In a number of presentations showcased on March 27 as part of NRG’s 2018 Analyst Day, company […]
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Renewables
ERCOT Anticipates Summer Supply Crunch Amid Unit Retirements
The recent retirement of older generating units and high peak usage owing to economic growth could tighten operating reserves in the region served by the Electric Reliability Council of Texas (ERCOT) this summer. The grid operator said on March 1 that total resource capacity for the upcoming summer (spanning June through September 2018) is expected […]
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Renewables
Wind Generation Capacity Outpacing Coal in Texas
An analysis by the University of Texas at Austin’s Energy Institute shows wind power generation capacity in Texas may already have surpassed coal-fired capacity in the state, and wind almost certainly will have leapfrogged coal by early next year, as wind farms continue to dot the landscape while more coal plants in the state are […]
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Coal
Vistra Closing Two More Giant Uneconomic Coal Plants in Texas
Vistra Energy moved to halt a financial hemorrhage stemming from unprofitable conditions in the Electric Reliability Council of Texas (ERCOT), announcing plans to shutter two more coal-fired power plants—the 1.1-GW Sandow Power Plant (which includes a 2009-built unit) and the 1.2-GW Big Brown plant—in early 2018. The company’s decision made public on October 13 comes on […]
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Renewables
Monticello Goes Under, More Coal and Nuclear Imperiled in Texas (Updated)
A week after the Department of Energy (DOE) proposed a rule to bolster uneconomic coal and nuclear generators in competitive power markets, Luminant announced that an “unprecedented low power price environment” will force it to retire a 1.9-GW coal-fired power plant operating in the Texas market. The plant’s economic woes suggest a larger swath of […]
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Markets
Harvey Ravages Power Generation and Transmission
Harvey—a massive weather system, which has so far killed 38 people, displaced thousands of others, and caused widespread flooding in Texas—downed 7.6-GW of generation resource capacity, along with two major 345-kV transmission lines and 85 other high-voltage transmission lines serving the Gulf Coast. As of 1 p.m. on August 30—about four days and 18 hours […]
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Coal
AEP to Shed Ohio, Indiana Coal and Gas Plants in Move for Full Regulation
In an effort to become a fully regulated power company, American Electric Power (AEP) has agreed to sell four Midwestern power plants—representing a total of 5.2 GW—to a newly formed joint venture of Blackstone and ArcLight Capital Partners for about $2.17 billion. AEP will sell: the 1,186-MW natural gas–fired Lawrenceburg Generating Station in Lawrenceburg, Ind. […]
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Renewables
Experts: Gas Power’s Expansion Riddled with Roadblocks
Even though it may dominate forecasts, natural gas–fired generation faces a troubled expansion in the U.S., according to experts from a variety of stake-holding entities—including an industry group, a utility, a generator, and a pipeline company. Challenges that have few solutions—from price volatility, to gas transport concerns, to rule uncertainty—may upend the nation’s dependence […]
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Coal
ERCOT: Uncertainty Increased in 10-Year Outlook
Uncertainty concerning a number of environmental rules is clouding planning measures, the Electric Reliability Council of Texas (ERCOT) said on May 3. Citing its latest Capacity, Demand, and Reserves (CDR) report—a snapshot of existing and planned resources and load forecasts for the next 10 years—the grid entity that manages about 90% of Texas’ electric load […]
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Coal
ERCOT Braces for Regional Haze Rule, Earlier Coal Retirements
A regional haze program final rule for Texas expected soon from the Environmental Protection Agency (EPA) could speed up the retirement of about 4.7 GW of coal-fired capacity, warns the Electric Reliability Council of Texas (ERCOT) in a new generation outlook. The grid operator’s Dec. 1–released “Report on the Capacity, Demand and Reserves (CDR) in […]
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