ERCOT
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Renewables
ERCOT Anticipates Summer Supply Crunch Amid Unit Retirements
The recent retirement of older generating units and high peak usage owing to economic growth could tighten operating reserves in the region served by the Electric Reliability Council of Texas (ERCOT) this summer. The grid operator said on March 1 that total resource capacity for the upcoming summer (spanning June through September 2018) is expected […]
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Renewables
Wind Generation Capacity Outpacing Coal in Texas
An analysis by the University of Texas at Austin’s Energy Institute shows wind power generation capacity in Texas may already have surpassed coal-fired capacity in the state, and wind almost certainly will have leapfrogged coal by early next year, as wind farms continue to dot the landscape while more coal plants in the state are […]
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Coal
Vistra Closing Two More Giant Uneconomic Coal Plants in Texas
Vistra Energy moved to halt a financial hemorrhage stemming from unprofitable conditions in the Electric Reliability Council of Texas (ERCOT), announcing plans to shutter two more coal-fired power plants—the 1.1-GW Sandow Power Plant (which includes a 2009-built unit) and the 1.2-GW Big Brown plant—in early 2018. The company’s decision made public on October 13 comes on […]
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Renewables
Monticello Goes Under, More Coal and Nuclear Imperiled in Texas (Updated)
A week after the Department of Energy (DOE) proposed a rule to bolster uneconomic coal and nuclear generators in competitive power markets, Luminant announced that an “unprecedented low power price environment” will force it to retire a 1.9-GW coal-fired power plant operating in the Texas market. The plant’s economic woes suggest a larger swath of […]
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Markets
Harvey Ravages Power Generation and Transmission
Harvey—a massive weather system, which has so far killed 38 people, displaced thousands of others, and caused widespread flooding in Texas—downed 7.6-GW of generation resource capacity, along with two major 345-kV transmission lines and 85 other high-voltage transmission lines serving the Gulf Coast. As of 1 p.m. on August 30—about four days and 18 hours […]
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Coal
AEP to Shed Ohio, Indiana Coal and Gas Plants in Move for Full Regulation
In an effort to become a fully regulated power company, American Electric Power (AEP) has agreed to sell four Midwestern power plants—representing a total of 5.2 GW—to a newly formed joint venture of Blackstone and ArcLight Capital Partners for about $2.17 billion. AEP will sell: the 1,186-MW natural gas–fired Lawrenceburg Generating Station in Lawrenceburg, Ind. […]
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Renewables
Experts: Gas Power’s Expansion Riddled with Roadblocks
Even though it may dominate forecasts, natural gas–fired generation faces a troubled expansion in the U.S., according to experts from a variety of stake-holding entities—including an industry group, a utility, a generator, and a pipeline company. Challenges that have few solutions—from price volatility, to gas transport concerns, to rule uncertainty—may upend the nation’s dependence […]
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Coal
ERCOT: Uncertainty Increased in 10-Year Outlook
Uncertainty concerning a number of environmental rules is clouding planning measures, the Electric Reliability Council of Texas (ERCOT) said on May 3. Citing its latest Capacity, Demand, and Reserves (CDR) report—a snapshot of existing and planned resources and load forecasts for the next 10 years—the grid entity that manages about 90% of Texas’ electric load […]
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Coal
ERCOT Braces for Regional Haze Rule, Earlier Coal Retirements
A regional haze program final rule for Texas expected soon from the Environmental Protection Agency (EPA) could speed up the retirement of about 4.7 GW of coal-fired capacity, warns the Electric Reliability Council of Texas (ERCOT) in a new generation outlook. The grid operator’s Dec. 1–released “Report on the Capacity, Demand and Reserves (CDR) in […]
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Legal & Regulatory
Regulators, System Operators, and Utilities Consider Reliability, Renewables, and EPA Regulations
In a Monday morning session at the annual meeting in Austin of the National Association of Regulatory Utility Commissioners (NARUC), panelists and commissioners traded comments on challenges and successes related to integrating increasing levels of renewables while ensuring reliable grid operation. David Boyd, VP of government and regulatory affairs for the Midcontinent Independent System Operator […]
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Legal & Regulatory
New Wave of Coal Retirements Coming, ERCOT Warns
The Clean Power Plan could force the retirement of up to 4 GW of coal-fired capacity in the region served by the Electric Reliability Council of Texas (ERCOT) starting as soon as 2022, an updated analysis suggests. The independent system operator that manages about 90% of Texas’ electric load acknowledged that fewer coal units are […]
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Gas
TOP PLANTS: Panda Temple I and Panda Sherman Combined Cycle Plants, Texas
In the early 2010s, the Electric Reliability Council of Texas (ERCOT) was staring down the barrel of dangerously low reserve margins, a combination of growing demand and an energy-only wholesale market that
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Legal & Regulatory
[UPDATED] EPA Issues More Ambitious But Flexible Final Clean Power Plan
Editor’s note (Aug. 3): Adds compliance cost details, key changes The Environmental Protection Agency’s (EPA’s) final Clean Power Plan will seek to tamp down the nation’s carbon dioxide (CO2) emissions from the power sector by 32% from 2005 levels by 2030—about 9% more ambitious than its original proposal. The first-ever final national standards to limit […]
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Commentary
Texas Reliably Integrates Growing Wind Resource
If you have been paying attention to renewable energy growth in the U.S. during the past decade, you likely know that Texas leads the nation in wind power development. In fact, the portion of the state that is served by the Electric Reliability Council of Texas (ERCOT)—about 75% of land area and about 90% of […]
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Wind
Texas, Okla. Consider Eliminating Wind Incentives
Bills to eliminate incentives that have accelerated the expansion of wind power found momentum in Texas and Oklahoma last week. Texas Moves to Nix RPS, CREZ The Texas Senate on April 14 approved, by a 21–10 vote, legislation that would end the state’s Renewable Portfolio Standard (RPS) and its Competitive Renewable Energy Zone (CREZ) program. […]
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Legal & Regulatory
Short- and Long-Term Economic Impact of the Clean Power Plan on Texas Debated
While fuel switching may be the easiest option for hitting the 2020 and 2030 goals set by the Environmental Protection Agency’s (EPA’s) proposed Clean Power Plan, it may impede reaching longer-term climate targets said experts at an April 8 symposium hosted by the Central Texas Association for Energy Economics and the Energy Institute at the […]
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Coal
ERCOT: EPA Clean Power Plan Will Further Complicate Reliability in Texas
The Obama administration’s Clean Power Plan could result in the retirement of between 3.3 GW and 8.7 GW of coal-fired capacity in the Electric Reliability Council of Texas (ERCOT) grid and jeopardize electric reliability for the state that is already power strapped, the independent system operator (ISO) says in a new analysis. The Environmental Protection Agency’s […]
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Renewables
Study: Resource Adequacy Concerns Mostly Stem From Restructured Electric Markets
Most issues concerning resource adequacy have arisen in the context of restructured wholesale and retail electric markets, rather than from traditionally regulated electric markets, a new study from the Electric Markets Research Foundation (EMRF) suggests. The nonprofit EMRF, established in 2012 by “academics and other experts” to fund studies on electric market issues, notes in […]