ERCOT
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Hydro
CPS Energy Exploring Novel Geomechanical Pumped Storage Technology
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 […]
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Markets
Winter Freeze Testing Texas Power Grid Reforms
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 […]
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Legal & Regulatory
Former FERC Commissioner Says ‘Market Design Problem’ Was a Leading Cause of February 2021 Texas Power Crisis
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 […]
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Press Releases
New renewable energy deals position Verizon to achieve key energy goal
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 […]
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News
ERCOT Confident Generators Deficient During Uri Freeze Debacle Ready for Winter
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 […]
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Energy Storage
EIA: Large-Scale U.S. Battery Power Capacity Slated for Fourfold Expansion in Two Years
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, […]
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News
ERCOT, Caught in Political Crossfire, Releases Reliability ‘Roadmap’
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 […]
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News
Exec Calls for Action on New Texas Gas-Fired Plants
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 […]
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Legislative
Texas Governor Enacts Grid Reliability Measures, Including Power Plant Weatherization, ERCOT Reforms
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 […]
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News
NERC Warns Energy Shortfalls Almost Inevitable This Summer
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 […]