Credit to Author: RMI| Date: Fri, 20 Jan 2023 06:00:17 +0000
If utilities modernize the way they select the resources they run each day, they can save carbon and reduce energy prices. Over the past three years, energy market prices have been exceptionally volatile. Natural gas prices spiked then tanked at the end of 2019 and wholesale market prices followed. When COVID-19 lockdowns were enacted, energy […]
Credit to Author: U.S. Energy Information Administration| Date: Wed, 17 Aug 2022 12:30:29 +0000
U.S. electricity generation from renewable sources, such as hydropower, wind, and solar, accounted for 20% of electricity generation both in 2020 and in 2021. We expect that share to increase to 22% in 2022 and to 24% in 2023 as more generating capacity from wind and solar come online and other generation sources, such as […]
Credit to Author: Darrell Proctor| Date: Thu, 17 Oct 2019 20:56:57 +0000
The post FERC Backs First Compliance Filings on Energy Storage Rule appeared first on POWER Magazine.
The energy storage market received a boost Oct. 17 when the Federal Energy Regulatory Commission (FERC) approved the first two compliance filings implementing Order 841, a rule the commission said is designed to eliminate market barriers to electricity storage. Order 841 was enacted in February 2018. The measure directs regional power grid operators to establish […]
The post FERC Backs First Compliance Filings on Energy Storage Rule appeared first on POWER Magazine.
Read moreAn executive with the AES Shady Point coal-fired power plant in Oklahoma said the facility could close as soon as January after being notified its power purchase agreement (PPA) will not be extended. Oklahoma Gas & Electric Co. (OG&E) this month said it will not execute another five-year extension of a PPA between the two […]
The post Oklahoma Coal Plant Sets Closing Date After Losing PPA appeared first on POWER Magazine.
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