ERCOT

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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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Clearway Energy begins construction of 345MW wind farm in Texas

Renewable Energy Magazine: Clearway Energy Group has commenced construction on Mesquite Sky, a 345 megawatt (MW) wind farm in Callahan County, Texas. Clearway also closed $427 million in construction debt financing, for which Mizuho Bank, Ltd. acted as the coordinating lead arranger and with Canadian Imperial Bank of Commerce (CIBC), MUFG Bank, Ltd., Santander Bank […]

January 7, 2021 Read More →

American Electric Power to take 1,633MW of coal capacity in Texas offline by 2028

E&E News: Two major power plants in East Texas will stop using coal within the coming decade, American Electric Power Co. said yesterday. AEP’s Southwestern Electric Power Co. announced the Pirkey plant is slated to retire in 2023, while the company will stop coal operations at the Welsh plant in 2028. AEP owns 1,633 megawatts […]

November 6, 2020 Read More →

Orsted continues onshore expansion in U.S with 367MW Western Trail wind project in Texas

ReNews.biz: Orsted has taken a final investment decision on the 367MW Western Trail wind project in Texas. The project, located near Orsted’s Lockett wind project, is slated to reach commercial operation in 2021. The wind farm will supply power in the ERCOT wholesale power market in Texas. Orsted has also completed the 103MW Willow Creek […]

October 2, 2020 Read More →

Vistra to retire 6,800MW of coal generation capacity in Illinois and Ohio by 2027

S&P Global Market Intelligence ($): Vistra Corp. will retire more than 6,800 MW of coal-fired capacity in Illinois and Ohio by 2027 and add more than 900 MW of new solar and energy storage capacity in Texas, the company said Sept. 29. Vistra also released its first-ever climate report announcing a new goal to cut […]

September 30, 2020 Read More →

Broad Reach Power begins construction on 200MW of battery storage in Texas

Greentech Media: It took a while, but the Texas grid battery market is officially heating up. Developer-owner-operator Broad Reach Power confirmed Tuesday that it has commenced construction on a pair of 100-megawatt batteries, each of which is bigger than any battery plants currently operating in Texas’ ERCOT power market. They are slated to come online […]

September 16, 2020 Read More →

Eos Energy Storage announces orders for 1.5GWh of battery projects in Texas, California

PV Magazine: This summer, we’ve seen developments in non-lithium-ion battery chemistries — including a forecast where lithium-iron-phosphate becomes the predominant chemistry and millions in funding for the commercialization of metal hydrogen batteries. Now, zinc hybrid cathode technology is entering the mix, with Eos Energy Storage announcing orders for more than 1.5 GWh of projects. As […]

September 3, 2020 Read More →

EIA: Coal plants ‘uneconomical in most regions’

Greentech Media: U.S. coal power generation plunged by 30 percent in the first half of 2020 off an already-depressed base, shoved out by natural gas and renewables amid low energy prices linked to the COVID-19 pandemic, according to new figures from the Energy Information Administration. Since its peak in 2007, U.S. coal consumption has been […]

August 13, 2020 Read More →

Japanese utilities see expansion opportunities in booming Texas electricity market

S&P Global Market Intelligence ($): Texas’ booming energy market is attracting interest from overseas, including Japanese investors. Two Japanese energy companies have in recent weeks made their first investments in the U.S. renewable energy sector, looking to capitalize on expected continued growth in the Electric Reliability Council of Texas Inc. market, while a third Japanese […]

August 11, 2020 Read More →
IEEFA U.S.: As oil and gas wane, Texas wind industry ascends
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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 Energy Finance Conference 2020 roundup: Local leadership, global change

IEEFA Energy Finance Conference 2020 roundup: Local leadership, global change

Business case for renewables-based economic development grows stronger by the day

The transition to renewable energy is frequently advocated on environmental grounds, but the financial case for moving away from fossil fuels is becoming undeniably clear, according to experts speaking during the final week of IEEFA’s 2020 Energy Finance Conference (July 14-30). The annual meeting of international energy, finance and policy experts, which was offered online […]

July 31, 2020 Read More →