ERCOT

Once a giant pure-play independent power producer, NRG Energy has cultivated a legacy of pioneering business models to withstand waves of change in the power sector. Its latest strategic shift pivots from

Power projects are filled with risk. One of the biggest risks today for clean energy developers involves interconnection constraints. And according to Sarp Ozkan, vice president of Commercial Product at

Modeling from the Electric Reliability Council of Texas (ERCOT) suggests an 11% probability of having a load shed issue on a peak day this summer, an official said during a reliability committee meeting on June 19. The Texas grid, which was tested this week by a record-breaking heat wave, issued a weather watch and a […]

Constellation Energy, the largest nuclear generator in the U.S., will take over NRG Energy’s 44% ownership stake in the 2.6-GW South Texas Project Electric Generating Station (STP), a nuclear power plant located in Bay City, Texas. Under a definitive agreement announced by two companies on June 1, Constellation will acquire NRG’s 44% equity interest in […]

New York-based energy investment firm LS Power on May 8 said it has reached an agreement with Brazos Electric Power Cooperative to acquire 2,145 MW of natural gas-fired power generation in the ERCOT North region of Texas. The deal comes six months after a federal bankruptcy court judge approved Brazos’ reorganization plan, which includes a […]

Texas officials on May 4 warned that peak demand for electricity could—for the first time—exceed the amount the Electric Reliability Council of Texas (ERCOT) can generate from on-demand dispatchable power, forcing the grid operator to rely on renewables to keep the lights on this summer. During an annual public update ahead of summer 2023, Peter […]

Rayburn Electric Cooperative, headquartered in Rockwall, Texas, announced on April 19 that it has entered into a definitive agreement to acquire ownership of the Panda Sherman Power Plant. The Sherman facility is a 758-MW natural gas–fueled combined cycle unit located in Grayson County, about an hour north of Dallas. The plant will be renamed Rayburn […]

The facility is also first-of-its-kind financed with the Investment Tax Credit to provide critically needed dispatchable resource to meet urgent and growing demand for flexibility in Texas power market The technology group Wärtsilä has reached commercial operation date (COD) for two major interconnected energy storage systems in South Texas totaling 200 MW and owned by […]

Advancements in energy storage, including new battery types and longer-duration batteries, are driving innovation in the sector. Retired power generation plants are being repurposed as storage sites, and the

An Arctic blast felt by a large portion of North America is causing reliability turmoil within some segments in its bulk power system, forcing reliability coordinators to declare emergencies, issue conservation warnings, or shed load. TVA, Grappling With Demand Surge, Resorted to Load Shed Temperatures averaging the single digits across the Tennessee Valley Authority (TVA) […]

Power shortfalls could be rife over the next three months across a large portion of the North American bulk power system (BPS), particularly during extreme and prolonged cold conditions, the North American Electric Reliability Corp. (NERC) has warned. The nation’s designated Electric Reliability Organization (ERO) in its latest Winter Reliability Assessment, issued on Nov. 17, said […]

WattBridge, a relatively new independent power producer that evolved out of a non-OEM aeroderivative gas turbine solutions provider, completed its first power facility based on a standardized LM6000 plant

HOUSTON – July 7, 2022 – Broad Reach Power Energy Services LLC, a wholly owned subsidiary of Houston-based independent power producer Broad Reach Power LLC (“Broad Reach”), announced today that it has entered into a services partnership with Lancium, an energy technology and infrastructure company that advances the decarbonization and stability of the electric power […]

An unprecedented array of risks—ranging from capacity shortfalls, extreme weather, extended drought, supply chain issues, cybersecurity, solar PV tripping, fuel constraints, to wildfires—could imperil the reliability of nearly every North American bulk power system (BPS) region west of the Midcontinent Independent System Operator (MISO) this summer, the North American Electric Reliability Corp. (NERC) warned in […]

(Updated—May 6, 2022) The Electric Reliability Council of Texas (ERCOT) and the Midcontinent Independent System Operator (MISO) over the past week separately expressed concerns about power supply uncertainties in the face of upcoming warmer-than-normal temperatures. MISO raised an alarm on April 28 when it said that it projects “insufficient firm resources” to cover the summer […]

Texas-based CPS Energy, the largest municipally owned electric and natural gas company in the U.S., has entered into a 15-year commercial agreement to explore installing up to 15 MW of geomechanical pumped storage (GPS). The agreement will kick off with a pioneering 1-MW project that will pump water into drilled wells and store it under […]

Parts of Texas have suffered localized, distribution-level power outages as an Arctic outbreak sent temperatures plummeting across the state, but its heavily scrutinized grid is largely prepared to weather the storm, state entities said. Frigid temperatures stemming from a large dome of Arctic high pressure are sending temperatures into the single digits and below zero […]

In February 2021, a severe cold weather event, known as Winter Storm Uri, caused numerous power outages, derates, or failures to start at electric generating plants scattered across Texas and the south-central U.S. The Electric Reliability Council of Texas (ERCOT), which manages the power supply for about 90% of the load in Texas, ordered a […]

NEW YORK, Jan. 20, 2022 — Verizon continues to be a leading corporate buyer of U.S. renewable energy, announcing seven new Renewable Energy Purchase Agreements (REPAs) for an aggregate of approximately 910 megawatts (MW) of projected renewable energy capacity. These agreements position the company to achieve its goal to source or generate renewable energy equivalent to […]

The vast majority of 324 electric generation units and transmission facilities in Texas have fully met or “go beyond” new state winter weatherization requirements, the Electric Reliability Council of Texas (ERCOT) said in a final readiness report filed with the Public Utility Commission of Texas (PUCT) on Jan. 18. Onsite inspections at 302 generation units […]

Large-scale battery power capacity in the U.S. surged 35% over 2020 to reach 1,650 MW, and according to the Energy Information Administration (EIA), utilities are planning to ramp up that capacity by 10 GW over the next two years. In a newly released report, Battery Storage in the United States: An Update on Market Trends, […]

The Electric Reliability Council of Texas (ERCOT) has unveiled a roadmap outlining crucial improvements designed to enhance grid reliability, taking into account recent legislation, regulatory mandates, and a recent push by the state’s governor for market incentives that will help the grid bulk up on “adequate and reliable” resources, like natural gas, coal, and nuclear […]

The chief executive of a Connecticut-based energy investment firm has called for action on his group’s proposal to build as many as 11 new natural gas-fired power plants in Texas. Himanshu Saxena, CEO of Starwood Energy Group, in a June 14 interview said, “We would like to see significant steps in countering, negotiating and material […]

Texas Gov. Greg Abbott has signed into law sweeping bills approved by Texas legislators that will require power generators in the state to weatherize against extreme events and revamp organizational oversight of the Electric Reliability Council of Texas (ERCOT). Hours before the state’s regular 140-day legislative session dwindled to its end on May 30—and amid […]

The North American Electric Reliability Corp. (NERC) is warning that large swathes of the North American bulk power system (BPS) could face “elevated risks” of energy shortfalls this summer, especially if temperatures surge beyond normal peaks. But in California, risks are even more pronounced, owing to its reliance on imports to offset falling solar PV […]

A program designed to save power during periods of high electricity demand actually cut off some of Texas’ natural gas supply to customers during the severe winter storm that caused massive blackouts across the state in February. The Electric Reliability Council of Texas (ERCOT), which operates the power grid for much of the state, has […]

ERCOT market participants are grappling with the resulting financial fallout from winter storm Uri, which devastated Texas in February. Many are now familiar with actions the Texas Public Utility Commission (PUCT) took during the weather event, moves made with the intent to bring and maintain as much generation online as possible. Most notable, the commission […]

An energy investment group told Texas regulators the company has a plan to help solve some of that state’s electricity reliability issues, proposing a plan similar to one put forth by billionaire Warren Buffett’s Berkshire Hathaway Energy in March. Starwood Energy Group on April 23 sent the state’s Public Utility Commission a proposal to build […]

The Electric Reliability Council of Texas (ERCOT) on April 13 urged Texans to conserve power as grid conditions tightened owing to a “a combination of high generation outages typical in April and higher-than-forecasted demand from a stalled cold front over Texas.” The Texas grid operator, which in February narrowly avoided system collapse as Winter Storm […]

The natural gas sector is well aware of the challenges facing the fossil fuel industry, but analysts say gas has attributes that will keep it a big part of the U.S. and global energy mix. Natural gas has moved