ERCOT
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Nuclear
Last Energy Secures Texas Site for 30-Microreactor Deployment to Power Data Centers
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 […]
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Gas
NRG, GE Vernova, Kiewit Have Plan to Build Four New Gas-Fired Power Plants
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] […]
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Commentary
Why Forecast Accuracy Makes or Breaks Power Suppliers in Today’s Market
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 […]
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Energy Storage
Key Capture Energy Brings Two BESS Projects Online in Texas
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 […]
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Trends
Texas Mandates Cryptomining Registration, Power Demand Reporting, to Bolster Grid Reliability
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. […]
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Data Centers
Vistra in Talks to Expand Power for Data Centers Through Nuclear, Gas Options
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 […]
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Trends
Power and Data Center Sectors Join Forces to Resolve Mounting Electricity Demand Uncertainties
The Electric Power Research Institute (EPRI) has launched an ambitious new initiative alongside power companies, grid operators, and several tech giants to establish five to 10 “flexibility hubs” that will demonstrate how data centers can be leveraged as flexible grid resources starting in the first half of 2025. EPRI’s three-year Data Center Flexible Load Initiative […]
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Gas
Major Project Rejected in Texas’ Flagship Dispatchable Power Loan Program
The Texas Energy Fund (TEF), a flagship loan program designed to boost the state’s dispatchable generation, faced its first setback on Sept. 4 when the Public Utility Commission of Texas (PUCT) denied Aegle Power’s loan application for a 1,292-MW combined cycle generating facility in Harlingen—its second-largest shortlisted facility. The PUCT said Aegle Power’s application, filed […]
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Energy Security
Texas Moves Forward with $5.38B in Loans for 10 GW of New Dispatchable Power Projects
The Public Utility Commission of Texas (PUCT) has shortlisted 17 gas-fired “dispatchable” generation projects—a combined 9,781 MW—that will advance to receive $5.38 billion in loaned funds under the Texas Energy Fund (TEF) In-ERCOT Loan Program. The 17 proposed new projects in the PUCT’s loan portfolio, chosen from 72 applications, now proceed to a “due diligence” […]
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Renewables
Sage’s First 3-MW Geothermal Power and Energy Storage Project Will Feed ERCOT
Sage Geosystems will build a first-of-its-kind 3-MW geothermal baseload power and energy storage system on land owned by San Miguel Electric Cooperative (SMECI) in Christine, Texas. The company plans to begin operating the project later this year to supply the Electric Reliability Council of Texas (ERCOT) grid. The project will mark the first commercial-scale deployment […]