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Europe: +44 (0) 207 198 1634 January 10, 2024 – As the holiday weekend approaches and frigid temperatures loom over much of the central US early next week, Tradition Energy urges you to prepare for potential impacts on energy demands, as well as electricity and natural gas systems. Anticipate single-digit temperatures spreading from the Pacific Northwest to the Great Lakes and […]
January 1, 2024 ERCOT 4CP Seasonal Review The 2023 ERCOT 4CP Season, which ended on the last day of September, witnessed ERCOT demands rising sharply and eclipsing 80,000 MWs in all months for the first time ever. On Thursday, August 10th, ERCOT system demand reached over 85,000 reaching 85,636 MWs to set a new all […]
October 18, 2023 – As construction and financing costs rise rapidly, virtually all of the offshore wind projects in the Northeast have come under pressure, leading many to delay or cancel their construction. Recently, many wind farm developers have been trying to renegotiate their terms but were denied, putting the projects and energy markets at […]
September 6, 2023 – Earlier this year, the Electric Reliability Council of Texas (ERCOT) rolled out a new daily procured ancillary service designed to help maintain transmission grid stability, but it also increases costs. ERCOT Contingency Reserve Service (ECRS) As part of a more considerable expansion of grid services and tools available to ensure a […]
May 8, 2023 – ERCOT released its 2023 summer Seasonal Assessment of Resource Adequacy (SARA) report on May 3rd, a combination of rose-colored glasses and doom and gloom.
May 5, 2023 – If you are a City of Lubbock LP&L customer, you have likely heard about the upcoming transition to the competitive energy markets. Below is a quick update on the transition, which has experienced a slight delay.
March 6, 2023 – Starting in March, a credit on your ComEd electric bill will drop sharply and flip to a charge beginning in June 2023. In late 2021 Illinois adopted the Climate & Equitable Jobs Act (CEJA), which included a bailout for three nuclear plants in the state. Under the CEJA, Carbon Mitigation Credits […]
August 19, 2022 – Massachusetts has passed energy legislation designed to accelerate the transition to a lower emission economy. The legislation includes several new programs, revisions or expansion of some existing programs, and a more precise roadmap for the buildout of more renewable generation resources in the Commonwealth. Expanded EV Programs: The legislation includes incentives […]
June 22, 2022 – The Rhode Island legislature has passed a revision to the state’s Renewable Portfolio Standards (RPS), which significantly increase the required percentage of renewables over the next decade. The revised rules, which are expected to be signed into law by Governor McKee, accelerate the growth rate in RPS requirements from the existing […]
