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Europe: +44 (0) 207 198 1634 Equities and the Economy As I suspected, U.S. equities did nothing yesterday closing ever so marginally lower with investors waiting for today’s Labor Department’s Employment Situation report for October. The Dow fell a meaningless 5 points to 17,863, the S&P 500 closed down an also meaningless 2 to and even 2,100 and the Nasdaq lost […]
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 […]
Texas’ electric grid is expected to hold up even better than initially expected in the upcoming, rainier-than-usual winter months , according to the agency that manages nearly 90 percent of the state’s grid. The Electric Reliability Council of Texas is projecting to have more power capacity in reserve than originally anticipated thanks to more wind […]
Wind farms in the Electric Reliability Council of Texas’ footprint set a new output record of 11,467 MW at 10:56 pm CDT Sunday (0356 GMT Monday), the grid operator said Monday. ERCOT’s previous wind generation output record was 11,154 MW, set on February 19. Texas has the highest installed wind capacity of any state in […]
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. […]
An alert calling for electricity conservation was issued Thursday to help protect the stressed Texas electric grid. The Electric Reliability Council of Texas is asking electric consumers to limit their electricity usage today during the peak hours of 3 p.m. to 7 p.m. The string of 100-degree-plus days led to record-setting power demand on three […]
The Texas electric grid broke the all-time record for hourly demand between 4 p.m. and 5 p.m. Wednesday as temperatures continue to peak above 100 degrees, according to the Electric Reliability Council of Texas. The ERCOT system demand reached 68,459 megawatts within the record 60-minute time frame, which exceeded the previous Aug. 3, 2011 record […]
About 17.1 million North American residential consumers (44 percent of those eligible) and most large business consumers (80 percent) have exercised their right to choose their own electric retail service providers, according to the Annual Baseline Assessment of Choice (ABACCUS), a report released by the Houston-based consulting firm Distributed Energy Financial Group (DEFG). About 39.2 million electricity customers in North […]
A modest number of consumers strategically reducing their demand for electricity in Texas on only five total days in 2012 and 2013 could have reduced power costs for all consumers in the state more than $200 million, according to an analysis completed by SPEER. SPEER evaluated the market price impact of an incremental amount of […]
CenterPoint Energy submitted a study to the the Electric Reliability Council of Texas (ERCOT) Regional Planning Group in July 2013 proposing the line to meet the critical need of the Houston Region. ERCOT endorsed the plan in April 2014. Representatives from CenterPoint Energy and POWER Engineers, Inc. held four public meetings between October and December 2014 to […]
