Markets – Page 8 – Thinking Port

FERC Adopts ‘Historic’ Reforms to Ease Nationwide Generation Interconnection Backlog

August 2, 2023 admin Business, cluster study process, costs, energy security, Energy Storage, energy transition, ferc, finance, full coverage, Gas, generator interconnections, interconnection queues, isos, Legal & Regulatory, Markets, news, order 2023, reliability, Renewables, rtos, Solar, Technology, transmission, trends, Wind

Credit to Author: Sonal Patel| Date: Tue, 01 Aug 2023 20:41:26 +0000

The Federal Energy Regulatory Commission (FERC) has approved key transmission reforms aimed at clearing a staggering backlog of more than 10,000 generation and storage projects—more than 2,000 GW—stalled in interconnection […]

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NRG Energy’s Pivot Amid Power Sector Change

August 1, 2023 admin Business, business models, Coal, competitive markets, energy security, ercot, full coverage, Gas, Generation, History, ipp, market volatility, Markets, news, NRG Energy, Nuclear, power, Power Demand, stp, sustainability, Technology, utility spotlight

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.

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Clean Energy Transition Continues Despite Reliability, Supply Chain, and Financial Uncertainty

July 5, 2023 admin Business, Coal, Energy Storage, energy transition, finance, full coverage, industry forecast, inflation reduction act, irã, Markets, news, power, project development, reliability, Renewables, Solar, supply chain, supply chains, trends, Wind

Credit to Author: Aaron Larson| Date: Wed, 05 Jul 2023 04:12:00 +0000

Although there is a risk of energy shortfalls in parts of the U.S. if extreme summer temperatures materialize, there is no stopping the clean energy transition that is sweeping the nation. Energy storage

The post Clean Energy Transition Continues Despite Reliability, Supply Chain, and Financial Uncertainty appeared first on POWER Magazine.

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ERCOT’s Energy Emergency Risk Has Shifted from Late Afternoon to Early Evening

June 22, 2023 admin Business, Coal, energy security, environmental regulations, EPA, ercot, full coverage, Gas, load shed, Markets, modeling, news, Nuclear, Power Demand, reliability, Renewables, renewables variability, Solar, Technology, Wind

Credit 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.

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Duke Energy to Shed 3.4-GW Unregulated Renewable Business Segment in $2.8B Deal

June 15, 2023 admin brookfield renewables, Business, business transaction, commercial renewables, Distributed Generation, duke energy, full coverage, Markets, news, power, regulated markets, Renewables, Solar, trends, unregulated markets, Wind

Credit to Author: Sonal Patel| Date: Thu, 15 Jun 2023 14:10:16 +0000

In a bid to transition to a fully regulated business, Duke Energy will sell its unregulated utility-scale solar and wind group—a portfolio of 3.4 GW—for an enterprise value of $2.8 […]

The post Duke Energy to Shed 3.4-GW Unregulated Renewable Business Segment in $2.8B Deal appeared first on POWER Magazine.

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NRG Energy to Sell Texas Nuclear Plant Stake to Constellation in $1.75B Power Move

June 2, 2023 admin Business, constellation, energy markets, ercot, Markets, mergers and acquisitions, news, NRG Energy, Nuclear, regulatory, shareholder, stp, stpnoc

Credit 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 […]

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OTEC, a Long-Stalled Baseload Ocean Power Technology, Is Seeing a Swell

June 1, 2023 admin baseload power, Business, cold-water riser, DOE, engineering, floating platform, full coverage, global otec resources, History, iea, marine power, Markets, news, ocean power, ocean thermal energy conversion, ocean/marine, offshore power, oil industry, otec, Renewables, Research and Development, Technology, trends, Water

Credit to Author: Sonal Patel| Date: Thu, 01 Jun 2023 04:29:40 +0000

A project to deploy a 1.5-MW commercial-scale ocean thermal energy conversion (OTEC) platform in the African island nation of São Tomé and Príncipe by 2025 has gained a key design certification. The crucial

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Westinghouse Unveils the AP300—A Miniaturized AP1000 Small Modular Nuclear Reactor

May 11, 2023 admin AP1000, ap300, ap600, Construction, costs, DOE, engineering, evinci, full coverage, lcoe, lfr, Markets, news, NRC, Nuclear, nuclear markets, nuclear reactors, Plant Design, Power Demand, Research and Development, smr, supply chains, Technology, Westinghouse

Credit to Author: Sonal Patel| Date: Thu, 04 May 2023 17:31:07 +0000

Westinghouse has officially unveiled the AP300, a “downsized” version of the company’s flagship AP1000 Generation III+ pressurized water reactor (PWR) technology. While the small modular reactor (SMR) will enter a nuclear market […]

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Technology Is Critical for Hedging and Trading in Energy Markets

May 9, 2023 admin Business, energy markets, gridbeyond, hedging, Markets, news, power, power markets, Technology, trading

Credit to Author: Paul Conlon| Date: Thu, 04 May 2023 14:43:08 +0000

The world is currently going through a major shift toward clean energy, triggered by concerns over climate change, depleting resources, and energy security. The energy transition is a massive undertaking, […]

The post Technology Is Critical for Hedging and Trading in Energy Markets appeared first on POWER Magazine.

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ERCOT Warns Demand Could Outpace Dispatchable Power This Summer

May 9, 2023 admin ercot, Fuel, Markets, texas

Credit 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, […]

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