ERCOT

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.” […]

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