power demand

Only about 1% of the 250 million cars, SUVs, and light-duty trucks on American roads are electric vehicles (EVs). But that’s about to change. While it’s difficult to estimate future sales, an analysis by IHS Markit projects that up to 30% of new car sales could be electric by 2030, rising to up to 45% […]

Vermont doesn’t get a lot of attention outside of Bernie Sanders, but the state’s power system is worth taking a look at as it has undergone a notable shift toward renewable energy. About 80% of

Demand for electricity from the residential sector rose during the first several months of the global coronavirus pandemic, as workers stayed home and students studied remotely. Researchers, using data from the U.S. Energy Information Administration (EIA), said the second quarter of 2020 saw a 10% rise in residential electricity usage compared to the same months […]

Despite COVID-19’s impact on power demand, disrupted pre-season generation preparation, and an expected highly active hurricane and wildfire season, industry appears well-positioned to meet peak demand this summer under anticipated weather in nearly all parts of the North American bulk power system (BPS).  Other than in the Electric Reliability Council of Texas (ERCOT), anticipated reserve […]

It’s peak season for the U.S. power industry. While actual dates may vary from one utility to another, generally the summer peak period spans from Memorial Day (May 25 this year) to Labor Day (Sept. 7)

A clean energy valuation and risk analytics company said that low demand for energy during the COVID-19 pandemic, along with low prices for natural gas and strong power generation from renewable energy resources, has brought unprecedented low prices for electricity in multiple U.S. markets.  REsurety said its Renewable Energy Market Analytics Platform (REmap) shows that […]

The New York Independent System Operator (NYISO) on April 16 said weekday morning reductions in power consumption have averaged as much as 18% below typical levels, with the most dramatic drops noted in New York City as businesses remain closed during the COVID-19 pandemic. NYISO, in an updated analysis of estimated coronavirus demand impacts released […]

A study published by the Electric Power Research Institute (EPRI) shows peak demand and energy use decreased as much as 21% in some areas as a result of actions taken to reduce the spread of COVID-19. The report—COVID-19 Bulk System Impacts: Demand Impacts and Operational and Control Center Practices—was released on March 27. It reviews […]

The International Energy Agency (IEA) deemed growth and disruptions of the world’s power sector so significant to the future of energy, it dedicated—for the first time—a four-chapter “special focus”

Do you drive an electric vehicle (EV)? If you answered yes and live in the U.S., you’re among the roughly 1% of drivers doing so in this country. If not, how soon do you think it will be before you become