Markets – Page 14 – Thinking Port

NERC Warns of Mounting Reliability Risks, Urges Preparation for Challenging Summer

May 19, 2022 admin Business, caiso, California, Coal, Cybersecurity, drought, ercot, fuel concerns, full coverage, Gas, generator performance, Hydro, inverter-based generation, Markets, MISO, nerc, news, Power Demand, Solar, SPP, supply chain, supply chains, trends, Wind

Credit to Author: Sonal Patel| Date: Thu, 19 May 2022 20:10:17 +0000

An unprecedented array of risks—ranging from capacity shortfalls, extreme weather, extended drought, supply chain issues, cybersecurity, solar PV tripping, fuel constraints, to wildfires—could imperil the reliability of nearly every North American bulk power system (BPS) region west of the Midcontinent Independent System Operator (MISO) this summer, the North American Electric Reliability Corp. (NERC) warns in […]

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SRP Warns Arizona Regulator Reliability at Risk by 2024 without Gas Plant Expansion

May 19, 2022 admin aeroderivative gas turbines, Arizona, arizona corporation commission, Business, climate change, coolidge generating station, Environmental, environmental justice, full coverage, Gas, gas power, Legal & Regulatory, Legislative, lm6000, Markets, news, PHOENIX, Salt River Project

Credit to Author: Sonal Patel| Date: Thu, 19 May 2022 14:25:04 +0000

Salt River Project Agricultural Improvement and Power District (SRP) is seeking a rehearing and reconsideration of the Arizona Corporation Commission’s (ACC’s) denial of a major gas power plant expansion, which the public power utility has stressed will be crucial for near-term system reliability and long-term renewable integration. In a filing on May 16, SRP urged […]

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California, Again Facing Summer Supply Vulnerabilities, Eyes 20-GW Offshore Wind Goal

May 12, 2022 admin assembly bill 525, Business, coastal resources, decarbonization, floating offshore wind, full coverage, infrastructure planning, Markets, maximum feasible capacity, news, offshore development, offshore energy, offshore wind, offshore wind energy, offshore wind planning goals, reliability, renewable energy, Research and Development, senate bill 100, transmission, Wind, wind energy

Credit to Author: Sonal Patel| Date: Thu, 12 May 2022 13:52:10 +0000

The California Energy Commission (CEC) is mulling a preliminary planning goal for 3 GW of offshore wind by 2030 and potentially expanding it to 10 GW to 15 GW by 2045. If finalized, California’s offshore wind goals would be the most ambitious in the U.S., surpassing even New York’s, which calls for 9 GW by […]

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ERCOT, MISO Warn of Potential Power Supply Shortfalls

May 5, 2022 admin Business, changing generation mix, Coal, competitive markets, ercot, full coverage, Gas, Hydro, Markets, MISO, news, Nuclear, O&M, regulatory, reliability, Renewables, Solar, supply shortfalls, Technology, thermal fleet, trends, wholesale power, Wind

Credit to Author: Sonal Patel| Date: Thu, 05 May 2022 16:49:05 +0000

The Electric Reliability Council of Texas (ERCOT) and the Midcontinent Independent System Operator (MISO) over the past week separately expressed concerns about power supply uncertainties in the face of upcoming warmer-than-normal temperatures. MISO raised an alarm on April 28 when it said that it projects “insufficient firm resources” to cover the summer peak under typical […]

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Dramatic Innovation-Driven Ramp Up of Floating Offshore Wind Anticipated by 2030

May 2, 2022 admin Business, climate change, engineering, equinor, floating offshore wind, full coverage, gwec, hywind, International, kincardine, Markets, news, O&M, offshore wind, Policy, Research and Development, siemens gamesa, supply chains, Technology, vestas, Wind, wind technology

Credit to Author: Sonal Patel| Date: Mon, 02 May 2022 04:17:00 +0000

A drumbeat of floating offshore wind–related developments this year suggests the pipeline for the long-nascent wind technology sub-sector may be finally beginning to grow. While floating wind’s current

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First Hydrogen Burn at Long Ridge HA-Class Gas Turbine Marks Triumph for GE

April 22, 2022 admin 7ha.02, 9ha.02, Business, climate change, decarbonization, Fuel, full coverage, Gas, gas turbines, ge, ha, hydrogen, hydrogen blending, lm6000, long ridge, Markets, news, Plant Design, Power Demand

Credit to Author: Sonal Patel| Date: Fri, 22 Apr 2022 18:29:50 +0000

Hydrogen combustion has begun at the 485-MW Long Ridge Energy Terminal combined cycle power plant—a flagship GE HA-class project that is purpose-built to transition from natural gas to hydrogen blends and ultimately be capable of burning 100% hydrogen. While the sprawling multimodal facility in Hannibal, Ohio—which sits on the Ohio and West Virginia border—achieved commercial […]

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First Hydrogen Burn at Long Ridge HA-Class Gas Turbine Marks Triumph for GE

Credit to Author: Sonal Patel| Date: Fri, 22 Apr 2022 18:29:50 +0000

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Goldman Sachs Stake in Fortress Underscores Supply Chain Cybersecurity Priority

April 20, 2022 admin a2v network, Business, Cybersecurity, DHS, DOE, ferc, finance, fortress, full coverage, goldman sachs, Management, Markets, nerc, news, nist, supply chain, vendors, workforce

Credit to Author: Sonal Patel| Date: Wed, 20 Apr 2022 13:19:10 +0000

A Goldman Sachs private equity business is taking a stake in critical industry cybersecurity firm Fortress Information Security. The $125 million investment underscores a heightened awareness of supply chain vulnerabilities within the investor community. Fortress, which announced the investment from Goldman Sachs Asset Management Private Equity on April 19, said it also highlights a wider […]

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Gas Power Outlook: Volatility and Viability

April 1, 2022 admin Asia, Business, Carbon Capture, CERAweek, Europe, Fuel, full coverage, Gas, Japan, lng, Markets, natural gas, news, outlook, pipelines, Russia, South korea, u.s., Ukraine

Credit to Author: Sonal Patel| Date: Fri, 01 Apr 2022 04:16:00 +0000

Natural gas generation’s future hinges on a precarious and exceptionally volatile set of issues that the conflict in Ukraine intensified. Experts from the full natural gas chain shed light on how that

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U.S. Agrees to Ramp Up LNG Exports to Europe, Actively Reduce Natural Gas Demand

March 30, 2022 admin biden, Business, energy crisis, EU, exports, Fuel, full coverage, Gas, imports, International, lng, Markets, news, Russia, u.s., Ukraine

Credit to Author: Sonal Patel| Date: Wed, 30 Mar 2022 17:02:15 +0000

The Biden administration and the European Commission launched a multi-pronged effort that will dramatically ramp up U.S. liquefied natural gas (LNG) exports to the European Union (EU) but also reduce overall natural gas demand in the U.S. and EU through “accelerated market deployment” of clean energy measures. The measures are part of strategic energy cooperation […]

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