ERCOT

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.

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 […]

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 […]

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 […]

Advanced nuclear plant developer Last Energy will build 30 microreactors at a site in Haskell County, Texas, a measure aimed at meeting the growing power demands of data centers across the state. The development comes as Texas faces increasing pressure to ramp up its power supplies to address an expansion of energy-intensive industries. The Washington […]

NRG Energy is joining with GE Vernova and Kiewit Corp. in a plan to build four new natural gas-fired power plants. The companies on Feb. 26 said the venture is designed to help supply the energy-intensive data center and artificial intelligence sector. “The accelerating demand for electricity in part due to GenAI [generative artificial intelligence] […]

Between plummeting temperatures and surging demand, the record-breaking Arctic blast that swept across the Northeast in January put power suppliers to the test. Their success in managing the volatility traces back to decisions made days and weeks earlier. Those with accurate forecasting models navigated the cold spell successfully. Others faced stark choices between absorbing massive […]

A New York-based developer, owner, and operator of battery energy storage systems (BESS) said it has begun commercial operation of two 100-MW projects in Texas. Albany-headquartered Key Capture Energy on Jan. 7 also announced the transfer of the investment tax credits (ITCs) for both projects to a third party. The company on Tuesday said the […]

The Public Utility Commission of Texas (PUCT) has adopted a rule for reliability purposes requiring cryptocurrency mining facilities in the Electric Reliability Council of Texas (ERCOT) region to register with the state and annually report details about their location, ownership, form of business, and demand for electricity.    The PUCT’s new rule, adopted on Nov. […]

Vistra is pursuing deals with data center developers in Texas and the PJM region to address the industry’s energy needs at multiple sites, executives revealed during the company’s third-quarter earnings call on Nov. 7. The Texas-based competitive generator has entered discussions with some of the largest, unnamed data center operators to increase output at its […]