Credit to Author: Sonal Patel| Date: Tue, 01 Aug 2023 04:13:00 +0000
Once a giant pure-play independent power producer, NRG Energy has cultivated a legacy of pioneering business models to withstand waves of change in the power sector. Its latest strategic shift pivots from
The post NRG Energy’s Pivot Amid Power Sector Change appeared first on POWER Magazine.
Read moreCredit to Author: Aaron Larson| Date: Wed, 05 Jul 2023 04:10:00 +0000
Power projects are filled with risk. One of the biggest risks today for clean energy developers involves interconnection constraints. And according to Sarp Ozkan, vice president of Commercial Product at
The post Interconnection Constraints Threaten Success of Clean Energy Projects appeared first on POWER Magazine.
Read moreCredit to Author: Sonal Patel| Date: Thu, 22 Jun 2023 12:04:19 +0000
Modeling from the Electric Reliability Council of Texas (ERCOT) suggests an 11% probability of having a load shed issue on a peak day this summer, an official said during a […]
The post ERCOT’s Energy Emergency Risk Has Shifted from Late Afternoon to Early Evening appeared first on POWER Magazine.
Read moreCredit to Author: Sonal Patel| Date: Thu, 01 Jun 2023 13:36:17 +0000
Constellation Energy, the largest nuclear generator in the U.S., will take over NRG Energy’s 44% ownership stake in the 2.6-GW South Texas Project Electric Generating Station (STP), a nuclear power […]
The post NRG Energy to Sell Texas Nuclear Plant Stake to Constellation in $1.75B Power Move appeared first on POWER Magazine.
Read moreCredit to Author: Darrell Proctor| Date: Tue, 09 May 2023 00:44:33 +0000
New York-based energy investment firm LS Power on May 8 said it has reached an agreement with Brazos Electric Power Cooperative to acquire 2,145 MW of natural gas-fired power generation […]
The post New York Group Acquiring More Than 2.1 GW of Texas Gas-Fired Capacity appeared first on POWER Magazine.
Read moreCredit to Author: Sonal Patel| Date: Thu, 04 May 2023 10:03:56 +0000
Texas officials on May 4 warned that peak demand for electricity could—for the first time—exceed the amount the Electric Reliability Council of Texas (ERCOT) can generate from on-demand dispatchable power, […]
The post ERCOT Warns Demand Could Outpace Dispatchable Power This Summer appeared first on POWER Magazine.
Read moreCredit to Author: Aaron Larson| Date: Wed, 19 Apr 2023 21:43:08 +0000
Rayburn Electric Cooperative, headquartered in Rockwall, Texas, announced on April 19 that it has entered into a definitive agreement to acquire ownership of the Panda Sherman Power Plant. The Sherman […]
The post Texas Combined Cycle Plant Changing Hands appeared first on POWER Magazine.
Read moreCredit to Author: Steve Hanley| Date: Fri, 31 Mar 2023 11:00:30 +0000
Wärtsilä has completed a 200 MW / 500+ MWh stand-alone battery storage project in Texas that will help stabilize that state’s grid.
Credit to Author: Darrell Proctor| Date: Wed, 01 Mar 2023 05:17:00 +0000
Advancements in energy storage, including new battery types and longer-duration batteries, are driving innovation in the sector. Retired power generation plants are being repurposed as storage sites, and the
The post New Technologies, New Sites Supporting Growth of Energy Storage appeared first on POWER Magazine.
Read moreCredit to Author: U.S. Energy Information Administration| Date: Sun, 15 Jan 2023 12:00:17 +0000
Average wholesale electricity prices at major trading hubs in the United States rose throughout much of 2022 and were, at times, volatile as a result of extreme weather events. The limited availability of coal to substitute for higher-priced natural gas also contributed to higher electricity prices. Prices at all electricity trading hubs were higher in […]