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The wind isn’t blowing, but does Texas care? Why electricity prices are staying stable
Despite a poor month for wind generation, ERCOT is managing to keep electricity prices in check thanks to its increasingly diverse fuel mix.
Texas electricity demand could nearly double in six years, grid operator predicts
The prediction by ERCOT reflects a new way of counting future demand and a spike in requests to connect to the grid from large power users.
Why Texas is uniquely equipped for rapid growth in utility-scale battery storage
Texas has recently emerged as a leading U.S. market for utility-scale energy storage. According to the EIA, Texas is expected to install 6.5 GW of utility-scale batteries in 2024.
ENGIE completes $1B in tax equity financing for 1.3 GW of wind, solar
The portfolio consists of six projects across ERCOT, MISO and SPP and includes 950 MW of solar and 353 MW of wind capacity.
Solar prices stabilized, wind prices rose in Q1 2024: report
The report, North America Q1 2024 PPA Price Index, follows LevelTen Energy’s report from earlier this year, that showed North American P25 PPA offer prices rose by 4% in Q4 of 2023.
Texas solar surpasses coal production for first time
Solar production in Texas’ Electric Reliability Council of Texas (ERCOT) territory surpassed coal for the first time this March, generating 3.26 million MWh, compared to coal’s 2.96 million MWh.
News
Wind speeds play a big part in setting ERCOT wholesale power prices
The wide range of simulated peak prices reflects ERCOT’s wholesale market design….
Could energy efficiency and demand response solve Texas’ energy woes?
A new ACEEE report shows how better energy efficiency and demand response programs could give ERCOT 11 GW of flexible demand capacity….
Investigation into Texas freeze highlights natural gas failures, frequency of cold weather events
The joint report issued by FERC and NERC cited freezing and natural gas fuel supply issues as the two largest causes for the disaster….
Demand for renewable energy, supply chain pressures send PPA prices higher
While wind and solar power purchase agreement prices are trending upward, LevelTen doesn’t expect demand to soften….
Google is buying 140-MW of Texas solar power as part of 1.6-GW plan
San Francisco-based Candela Renewables announced this week that with Google has signed a PPA with the company for 140 MW of solar power that will be produced in…
DER – Storage
Why is Texas a ripe market for hybrid energy storage?
Hybrid energy storage is positioning energy storage at the same transmission node as a solar or wind or any other resource. Solar plus storage is a popular comb…
News
Texas’ power market reaps the wind (and sun)
By Liam Denning, Bloomberg The Texas power market is a gamble. Generators seeking the occasional windfall from price spikes weigh the odds on temperat…
Energy Efficiency
On the brink of blackouts, Texas makes case for power plant boom
It may be time to start building power plants in Texas again….
DER – Storage
Pedernales Electric Coop, Aggreko team on Texas energy storage system
The 2.25 MW/4.5 MWh project will be situated in Johnson City, Texas. Aggreko software will manage the battery system, which will provide services into grid oper…
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Latest News
The wind isn’t blowing, but does Texas care? Why electricity prices are staying stable
Texas electricity demand could nearly double in six years, grid operator predicts
Why Texas is uniquely equipped for rapid growth in utility-scale battery storage
ENGIE completes $1B in tax equity financing for 1.3 GW of wind, solar
