ERCOT

  • 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 […]

  • 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 […]

  • 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 […]

  • 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) […]

  • 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), […]

  • 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.

  • 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 […]

  • 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 […]

  • 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 […]

  • 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 […]

  • 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] […]

  • 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 […]

  • 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 […]

  • 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. […]

  • 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 […]

  • 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 […]

  • 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 […]

  • 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” […]

  • 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 […]

  • The POWER Interview: Using Home Batteries to Support the Grid

    The Dell name is synonymous with technology and innovation, so perhaps it’s not surprising that a member of that famous computing family is working to solve the challenge of making electricity more reliable and resilient. The technology is distributed batteries, in this case a battery for the home that supports the power grid during periods […]

  • Building a Better Grid—Infrastructure Upgrades Require Ingenuity, Innovation, and Investment

    The need for more reliability and resilience of power delivery, both in the U.S. and worldwide, has utilities and grid operators looking for solutions to the challenge of bolstering the electricity supply. Electric grid infrastructure, both in the U.S. and other parts of the world, needs an upgrade. Increased power demand from energy-intensive industries such […]

  • Filings Support 41 GW of New Gas-Fired Generation Across Texas

    Texas’ plan to add more natural gas-fired power generation capacity, supported by money from a newly created energy fund, received a boost when several companies announced their intention to file applications to build new facilities under the program. Vistra on May 30 said it plans to add as much as 2 GW of gas-fired generation […]

  • How the Massive Growth in Solar Power Is Affecting Power Grids

    The Solar Energy Industries Association (SEIA) reported in March that the U.S. solar industry installed 32.4 GWdc of capacity in 2023, a remarkable 51% increase compared to 2022. It was the industry’s

  • Grids Brace for Solar Eclipse, Totality Poised to Test Ramping

    Grid operators across the U.S. report they are largely prepared for the total solar eclipse that will pass over a large swath of North America on April 8, though they remain vigilant, monitoring for any unexpected shifts in power generation or demand that could test the power system’s resilience. The much-anticipated solar eclipse will begin […]

  • CPS Energy to Acquire Talen’s 1.7-GW Gas Power Fleet in Texas for $785M

    CPS Energy will acquire Talen Energy’s 1.7-GW portfolio—comprising three natural gas–fired power plants—in the Texas market for $785 million. The nation’s largest municipally owned power entity on March 27 said it reached an agreement with competitive generator Talen Energy for the acquisition. The transaction is expected to close in the second quarter of 2024, “subject […]

  • New 1.2-GW Natural Gas-Fired Plant Announced for Texas

    A Texas-based energy company has announced plans to build a 1.2-GW natural gas-fired power plant in Lee County, Texas, with construction expected to begin in 2025. Sandow Lakes Energy Co. on Feb. 12 said it would build the plant on property owned by the company. The facility, which would be powered by two SGT6-9000HL turbines […]

  • ERCOT Warns of ‘Tight Conditions’ as Intense Freeze Grips Texas

    The Electric Reliability Council of Texas (ERCOT) has issued a conservation appeal as it braces for continued freezing temperatures, “very high” demand, and “unseasonably low wind” early in the morning on Jan. 15, just before the solar ramp-up. The grid operator on Sunday afternoon said it expects “tight grid conditions” as temperatures plunge, driven by […]

  • What Is ERCOT and What Does It Do?

    To understand what the Electric Reliability Council of Texas (ERCOT) is, it helps to understand how the North American electric power system is configured. The contiguous U.S. is comprised of three power grids or “interconnections.” The Eastern Interconnection reaches from central Canada eastward to the Atlantic coast (excluding Québec), south to Florida, and west to […]

  • Three Texas Gas-Fired Plants Sold in $635 Million Deal

    A France-based energy group said it has an agreement to buy three natural gas-fired power plants in Texas. The facilities, one near Dallas and two south of Houston, represent about 1.5 GW of generation capacity. TotalEnergies, a multinational company operating in several energy sectors and headquartered in Paris, France, announced the $635 million deal on […]

  • ERCOT Issues First Level 2 Emergency Alert Since Winter Storm Uri

    The Electric Reliability Council of Texas (ERCOT) on Sept. 6 issued an Energy Emergency Alert 2 (EEA 2) after grid conditions quickly deteriorated around sunset (7:30 p.m.) as demand soared and operating power reserves plunged. The grid operator said that the emergency operations were necessary “due to a combination of dropping operating reserves and frequency.” […]