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Europe: +44 (0) 207 198 1634 Source: U.S. Energy Information Administration, based on the Electric Reliability Council of Texas (ERCOT) Note: Hourly averaged generation shown. Instantaneous peaks highlighted in the hour in which they occurred. Wind generation on the Texas electric system recently hit several all-time highs. The latest all-time instantaneous peak of 12,238 megawatts (MW) reached on October 22 replaced […]
Batteries are hot, but utilities looking to store a lot of power may find cheaper options elsewhere All the talk in the electric utility industry these days seems to be about battery storage, but there are other ways to save generated electricity for later. With more demanding state renewable portfolio standards, the finalization of the […]
Automated energy efficiency, dubbed ‘flexiwatts,’ could change how we consume energy for good Solar and battery storage are commonly noted as the biggest threats — and opportunities — for the utility business model, but a new report shows that when consumers use their electricity may matter just as much to utilities as if they produce […]
Source: EIA, based on Electricity Reliability Council of Texas Note: Data for 2015 are preliminary. During the recent heat wave in Texas, the Electricity Reliability Council of Texas (ERCOT), the operator of the electric grid covering most of the state, set a new record for electricity use when demand for electricity reached 69.8 gigawatts (GW) between 4:00 p.m. […]
The rise of renewables in New England is keeping prices down in electricity markets, but at the same time driving up costs in the capacity market. According to the ISO, traditional generation sources are forced to price their capacity higher to offset a loss of revenue in the electricity markets because renewables — sans fuel costs — are […]
