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S&P Global Platts ($): Vistra on July 19 said it would close its 1.3-GW Zimmer coal-fired power plant in Ohio on May 31, 2022, five years earlier than previously announced, after the plant failed to clear the PJM capacity market. “The Zimmer coal-fueled power plant has recently struggled economically due to its configuration, costs, and […]
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Houston Chronicle: Gov. Greg Abbott on Tuesday ordered the Public Utility Commission of Texas to make substantial changes in an effort to prevent power outages in the future. Among the orders, Abbott asked the agency to: create more incentives within the Electric Reliability Council of Texas to develop and maintain sources of power such as […]
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Bloomberg ($): 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 […]
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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. […]
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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 $US220 million for the pipeline of projects, which will grow […]
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Houston Chronicle ($): 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 […]
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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 $1 billion in solar farms and battery storage units in Texas and California as it tries to transform its business to survive in […]
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S&P Global Market Intelligence ($): 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 […]
Dennis Wamsted
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) […]
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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 […]
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 quicklyMarch 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 […]