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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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. […]

Rosendin, Tokyo Gas begin construction of 500MW solar farm in Texas

PV Magazine: Rosendin’s Renewable Energy Group (REG) and Tokyo Gas America have begun building a 500 MWac/631 MWdc solar power project in Texas. The Aktina Renewable Power Project will be brought online in blocks starting in mid-2021 with energy sold to the Electric Reliability Council of Texas (ERCOT) wholesale market. The facility will include around […]

April 6, 2021 Read More →
IEEFA U.S.: Energy transition to renewables likely to accelerate over next two to three years
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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 […]

Hunt Energy unit to develop 500MW of battery storage in Texas

Energy Storage News: An energy storage project pipeline of 500MW in Texas’s ERCOT market is being developed by Dallas-headquartered distributed energy resources developer and operator Hunt Energy Network. Hunt Energy Network said that the pipeline consists of distribution-level resources and that 100MW of its projects are already at “advanced stages of development,” and targeted to […]

March 26, 2021 Read More →

Wartsila building 200MW of battery storage in Texas

ReNews.biz: Wartsila is to supply energy storage technology totaling 200MW for two projects in the U.S. state of Texas. The company will also provide 10-year asset performance agreements for the interconnected stand-alone systems. The order was placed by Able Grid Energy Solutions, the utility-scale energy storage project development arm of MAP RE/ES. The Madero and […]

March 16, 2021 Read More →

Tesla subsidiary building 100MW battery storage project in Texas

Bloomberg: Elon Musk is getting into the Texas power market, with previously unrevealed construction of a gigantic battery connected to an ailing electric grid that nearly collapsed last month. The move marks Tesla Inc.’s first major foray into the epicenter of the U.S. energy economy. A Tesla subsidiary registered as Gambit Energy Storage LLC is […]

March 9, 2021 Read More →

Texas freeze forces Brazos cooperative to file for bankruptcy

Reuters: Texas’s largest and oldest electric power cooperative on Monday filed for bankruptcy protection in federal court in Houston, citing a disputed $1.8 billion bill from the state’s grid operator. Brazos Electric Power Cooperative Inc is one of dozens of electricity providers facing enormous charges stemming from a severe cold snap last month. The fallout […]

March 1, 2021 Read More →

Installed solar, wind capacity in Texas expected to double by yearend 2023

S&P Global Market Intelligence ($): As Texas power plant operators and grid managers revive the state’s storm-battered electric system and prepare for an uncertain future, one thing appears unlikely to change: the rapid proliferation of renewable energy resources in the nation’s largest power market. Between 2021 and 2023, developers plan to add roughly 35 GW […]

February 22, 2021 Read More →

NRG to mothball gas plant that powered Petra Nova carbon capture project

Reuters: NRG Energy Inc will shut down indefinitely the power source for what had been the only U.S. project capturing carbon from a coal-fired generator until it was idled last year, a spokesman said on Friday. The company notified the Texas grid operator, ERCOT, on Wednesday that the Petra Nova gas plant would be mothballed […]

February 1, 2021 Read More →

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 →