ERCOT

IEEFA Research

IEEFA U.S.: Energy transition to renewables likely to accelerate over next two to three years

IEEFA U.S.: Energy transition to renewables likely to accelerate over next two to three years

Coal, gas set to become biggest losers as renewable generation climbs quickly

March 31, 2021 (IEEFA) — The speed and scope of the energy transition to renewables will pick up pace over the next two to three years, according to the Institute for Energy Economics and Financial Analysis’ U.S. Power Sector Outlook 2021. Solar and battery storage adoption is enjoying almost exponential growth, and wind and solar […]

IEEFA U.S.: As oil and gas wane, Texas wind industry ascends

IEEFA U.S.: As oil and gas wane, Texas wind industry ascends

Case study Nolan County: Strengthening jobs, economic development, tax base

August 10, 2020 (IEEFA) — The wind industry in West Texas continues to create jobs, increase local tax revenues and drive economic development in an area known historically for its boom-and-bust oil cycles, concludes a report published today by the Institute for Energy Economics and Financial Analysis (IEEFA).  The report—As Oil and Gas Wane, Texas […]

IEEFA U.S.: Solar will push much of remaining Texas coal fleet offline

IEEFA U.S.: Solar will push much of remaining Texas coal fleet offline

Growth in utility-scale PV is rapidly changing ERCOT market

July 14, 2020 (IEEFA) — New utility-scale solar is poised to push much of the remaining coal-fired power fleet across Texas into retirement in the next few years, finds a new report by the Institute for Energy Economics and Financial Analysis (IEEFA). The report — Solar Surge Set to Drive Much of Remaining Texas Coal-Fired […]

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Texas, top U.S. electricity producer, has $20B in renewables pipeline

Bloomberg ($): Four months after the failure of the Texas electric grid sparked a backlash against clean power, investors and developers have decided just what the state needs: more renewable energy. Much more. Texas is on pace to have as much green-power development in coming years as the next three states combined, according to the […]

June 9, 2021 Read More →

Texas renewable growth at risk because of transmission constraints

Houston Chronicle: In 2005, the Texas Legislature approved the development of a network of electric transmission lines to send wind and solar power from West Texas to population centers in other parts of the state. The landmark project transformed the renewable energy industry and the slice of West Texas that Rep. Drew Darby calls home. […]

June 8, 2021 Read More →

BP announces deal to purchase 9GW of U.S. solar development projects

Renew Economy: British oil and gas supermajor BP says it has struck a deal to purchase 9GW of solar development projects in the United States from independent US solar developer 7X Energy – described as the biggest green energy deal to date. BP will pay $US220 million for the pipeline of projects, which will grow […]

June 2, 2021 Read More →

Home of modern oil industry sees renewable jobs booming

Houston Chronicle ($): Over five years as an oil and gas contract worker, Kamal Ramoutar was laid off at least 10 times, always returning to his job as a safety technician when he was hired onto a new project. Not this time. Ramoutar, who was laid off again after oil prices crashed in the spring […]

May 20, 2021 Read More →

Batteries threaten to become major threat to natural gas

Wall Street Journal ($): Vistra Corp. owns 36 natural-gas power plants, one of America’s largest fleets. It doesn’t plan to buy or build any more. Instead, Vistra intends to invest more than $1 billion in solar farms and battery storage units in Texas and California as it tries to transform its business to survive in […]

May 17, 2021 Read More →

U.S. wind, solar and battery storage capacity boomed during first quarter

S&P Global Market Intelligence ($): Following record capacity additions in 2020, U.S. developers of large-scale wind farms, solar plants and battery stations started 2021 with a bang, bringing online a combined 3,859 MW in the first quarter, 10% more than in the same period a year ago, according to a new report underscoring the country’s […]

May 14, 2021 Read More →
IEEFA U.S.: The Texas transition gains momentum

IEEFA U.S.: The Texas transition gains momentum

Wind and solar top combined cycle gas generators in ERCOT for first time

The transition continues: In April, wind and solar generation in the Electric Reliability Council of Texas (ERCOT) topped the output from its combined cycle gas turbine units (CCGTs) for the second month in a row. Equally notable, wind and solar have generated more power than ERCOT’s CCGT units (the backbone of the system’s electric generation) […]

New ERCOT analysis shows lost Texas wind power less than first thought

The Texas Tribune: An updated analysis of February’s Texas power crisis by experts at the Electric Reliability Council of Texas shows that lost wind power generation was a small component of the huge losses in electric generation that plunged much of the state into darkness during the severe cold weather. While Texas Republicans were quick […]

May 3, 2021 Read More →

Solar, wind replacing nuclear, according to 2021 U.S. power plans

S&P Global Market Intelligence: Nearly one-third of the power generation resources planned to come into service in the U.S. in 2021 is located in the Electric Reliability Council Of Texas Inc. market, according to an S&P Global Market Intelligence analysis. Overall, 63,667 MW of new resources are projected to come into service, while 10,693 MW […]

April 27, 2021 Read More →
IEEFA U.S.: Wind, solar transition in full view in Texas in March

IEEFA U.S.: Wind, solar transition in full view in Texas in March

Renewables account for 42% of ERCOT’s generation during the month

April 6, 2021 (IEEFA)—The transition from fossil fuels to wind and solar gained speed  in Texas in March. Data from the Energy Information Administration’s hourly electric grid monitor shows that wind generation in ERCOT smashed its previous high, topping 10.4 million megawatt-hours (MWh) during the month—2 million MWh above its previous high set last December. […]