US: +1 (877) 51 POWER 
Europe: +44 (0) 207 198 1634 Several coal- and natural gas-fired power plants are shutting down in Texas within the next year. This is expected to drop ERCOT’s reserve margin below their target threshold, which board members are expecting will strengthen power prices in the coming years. Recently announced planned retirements of 4,500 MW of generation capacity in the Electric Reliability […]
A perfect storm is brewing in New England and California The Aliso Canyon natural gas leak, unexpected lower generation capacity, and warmer than anticipated weather could threaten reliability and strain electricity grids. One way to avoid high prices resulting from the increased demand is to sign up for Tradition Energy’s Coincident Peak Alert Notifications. Natural […]
Continuing with the trend of rising reliance on natural gas for electricity generation, the US is expected to add over 11GW of natural gas generating capacity in the next two years. Source: U.S. Energy Information Administration, Electric Power Annual and Preliminary Monthly Electric Generator Inventory The electricity industry is planning to increase natural gas-fired generating […]
Large electricity users are lobbying Wisconsin state regulators to allow for 3rd party electricity competition for the state. Wisconsin currently has the highest electricity rates of any Midwestern state, and is above the US average for all electricity users. Wisconsin regulators began considering electric competition in 1994 but closed the docket in 2000, deciding not […]
The US electricity supply mix is changing, and renewable energy electricity generation in 2016 has already surpassed renewable generation from 2015. Source: U.S. Energy Information Administration, Electric Power Monthly Renewable electricity generation has surpassed levels from previous years in every month so far this year, based on data through June. Both hydroelectric and nonhydroelectric renewables […]
Coal and natural gas plants are retiring in Texas. Now may be the time to look into solar and storage options to provide energy stability for the future. ERCOT may need to plan for a skinny duck curve. In the next 15 years, Texas expects to add somewhere between 14 and 27 gigawatts of solar […]
Renewable energy is growing. The extent to which it is growing is remarkable though, with 70 times more renewable capacity added than natural gas (18MW for natural gas vs 1,291MW for renewables). In the first three months of 2016, the U.S. grid added 18 megawatts of new natural gas generating capacity. It added a whopping […]
Solar is growing, and fast! Almost 75% of the 16 Gigawatts of growth in 2016 will be large utility-scale projects that will help to stabilize mid-day peak demand power prices. The U.S. solar market is set to grow a staggering 119 percent this year, says GTM Research in its U.S. Solar Market Insight 2015 Year […]
2015 was a huge year for green energy, where over 60% of added capacity came from renewable sources. New capacity from nuclear, coal and oil will continue to decline. Looks like our green energy future may be closer than we think. It was quite a year for renewable energy. 2015 set the record for new […]
Source: U.S. Energy Information Administration, based on SNL Energy Wholesale electricity prices at major trading hubs on a monthly average basis for on-peak hours were down 27%-37% across the nation in 2015 compared with 2014, driven largely by lower natural gas prices. Because natural gas-fired generation sets the marginal price in many markets, wholesale electricity […]
