market

SEIA’s Solar Market Insight Report for Q2 2024 showed that the U.S. solar market set an industry record by installing 11.8 GWdc in the first quarter. Despite this impressive growth in the market overall, the residential segment experienced its lowest quarter since Q1 2022, with installations totaling only 1.3 GWdc—a decline of 25% year-over-year and […]

It was 1839 when prominent French physicist Edmond Becquerel observed that some materials have the ability to create electrical charges. Now, 185 years later, solar has come a long way and will continue to hit new milestones. The International Energy Agency has projected that the growth of renewable energy capacity will be raised by almost […]

The Federal Energy Regulatory Commission (FERC), in Docket No. ER24-99-000, recently approved a suite of tariff revisions submitted by PJM intended to “accommodate the energy transition while maintaining resource adequacy.” Although the reforms affect many aspects of PJM’s Reliability Pricing Model (RPM), this commentary highlights: The transition from capacity accreditation using Equivalent Demand Forced Outage […]

ENGIE and Google Cloud aim to optimize wind energy management on the power markets through an Artificial Intelligence based solution. ENGIE and Google Cloud signed a new partnership for the development of an Artificial Intelligence-based energy solution to optimize the value of ENGIE’s wind portfolio on the short term power markets. ENGIE and Google Cloud’s […]

The fog of uncertainty that hangs over the global power industry is getting larger and denser as generating companies and utilities navigate ever more complex challenges.

Reliability Imperative efforts key to addressing the needs of the future CARMEL, Ind. — Today, the Midcontinent Independent System Operator (MISO) published Markets of the Future: A Reliability Imperative Report focused on redefining markets to meet changing needs posed by the evolving resource mix. The report is intended to illuminate a pathway for our existing […]

The severe winter storm that knocked out Texas’ electricity grid in February, plunging millions of people into a cold, dark ordeal, has led to a number of takes about what went wrong. The state’s deregulated energy market has been frequently singled out as the root cause. But, while a contributing factor, it wasn’t the only […]

Even in a pandemic, energy innovators are developing blockchain technology to implement powerful changes. From automating crude oil trading to amplifying the impact of renewable energy sources, innovations harnessing blockchain technology are likely to change the energy industry in profound ways. Inventors, enterprises, and investors who act today to obtain patent protection for their early […]

The Texas power market made headlines in August 2019 when wholesale prices for electricity repeatedly spiked close to and even hit the $9,000-per-megawatt-hour (MWh) cap. This August, average hourly prices peaked at “just” $1,700 per MWh, the afternoon of Aug. 15. There were many reasons for the reduced price volatility in Texas this year. First, […]

GE Power’s CEO on March 4 said his company sees the global gas turbine market stabilizing, in part due to better accessibility to natural gas worldwide. Scott Strazik made the comment during GE’s Investor Outlook on Wednesday. The event is an annual overview of the company’s operations that GE gives to investment professionals. The outlook […]