As Texas’ population and energy sector continue to surge, debate has escalated on the future of the state’s electric grid and how to keep the lights on in homes while demand grows.
“Texas is, in a way, a victim of its own success,” said Manu Asthana, Houston-based Direct Energy Residential president, during IHS Energy CERAWeek Thursday.
ERCOT manages the electric grid for an overwhelming 85 percent of Texas and…
(Houston) While it is likely there will be more than enough US natural gas supply to meet demand, it is critical that the midstream sector make investments in needed takeaway capacity, energy company executives said Wednesday at IHS CERAWeek in Houston.
Both demand and production look set to increase, but there needs to be more spending infrastructure to ensure sustained higher prices in the future, Bill Maloney, executive vice president of development and production in North America for Statoil, said. “We believe North America has the capacity to supply far more natural gas than we are right now and at reasonable prices,” he said. “The biggest challenge is not…
The Electric Reliability Council of Texas expects to start the summer with tight reserves before an easing as new plants begin operations in late summer, according to reports released Wednesday.
ERCOT forecasts summer generation resources at 74,075 MW to serve an expected peak demand of 68,096 MW, which leaves a reserve capacity of 5,979 MW, according to the preliminary summer 2014 Seasonal Assessment of Resource Adequacy released Wednesday.
ERCOT’s all-time record peak of 68,305 MW occurred on August 3, 2011 during the hottest summer on record.
“While we anticipate sufficient generation for summer, conditions may become tight — potentially requiring conservation measures to protect the grid — if we see extremely high demand during the…
By Katie Fehrenbacher gigaom.com
Since Tesla confirmed last month that it plans to build a massive battery factory in the U.S., there’s been exuberant speculation that the electric car maker will disrupt not just the auto industry, but also the global market for power grid energy storage (the key to solar and wind). But, as is usually the case, the real story is far more nuanced and complex.
It’s true that Tesla plans to sell some batteries for stationary grid applications, and it’s been working on a product with solar company SolarCity for awhile (I first reported this in the spring of 2012). The grid storage market is in its infancy. And Tesla’s battery plans could have a meaningful impact on the market for pairing batteries with…
Texas’ rapid growth will put less strain on its electric grid than previously thought, the state’s grid operator said Friday.
In its much-anticipated 10-year outlook, the Electric Reliability Council of Texas said peak power demand — which typically corresponds to hot summer days — is growing more slowly than previous forecasts showed, alleviating concerns that rolling blackouts are right around the corner.
The report comes as state regulators are backing off…
Summer electricity demand could increase by more than 8,400 megawatts for the majority of Texas by 2021, according a report released by Electric Reliability Council of Texas Friday.
That’s not nearly as bad as older forecast models showed, which means the momentum to shift Texas’ electric market away from its current energy-only structure will continue to lose steam.
Peak demand is measured on the hottest summer day with all…