FERC’s Historic Energy Storage Ruling: A Doomsday Countdown for Natural Gas Peakers?

If storage is the Swiss Army Knife of the electric grid, then U.S. energy regulators are breaking out their tool belts. Last week brought a historic ruling at FERC. Commissioners told regional grid operators to create rules valuing the grid services of energy storage. Will it screw natural gas peakers – or maybe cut, saw, … Continue reading FERC’s Historic Energy Storage Ruling: A Doomsday Countdown for Natural Gas Peakers?

Utilities Continue to Increase Spending on Transmission Infrastructure

Spending on infrastructure to deliver power to homes and businesses has increased steadily over the past 10 years as utilities build, upgrade, and replace station equipment, poles, fixtures, and overhead lines and devices. Based on information compiled from utility reports to the Federal Energy Regulatory Commission (FERC)—filed by utilities representing about 70% of total U.S. … Continue reading Utilities Continue to Increase Spending on Transmission Infrastructure

Cheap Renewables Are Transforming the Global Electricity Business

Renewables are not yet the least costly option in every market, writes Tim Buckley, Director of Energy Finance Studies Australasia at the Institute for Energy Economics and Financial Analysis (IEEFA), but the pace of change demonstrates that a tipping point toward a new energy economy is coming, and fast. Article courtesy IEEFA. Records were smashed in … Continue reading Cheap Renewables Are Transforming the Global Electricity Business

US Renewable Energy Generation Now ‘Within Striking Distance’ of Nuclear

Last year, Bloomberg New Energy Finance defined renewable energy as the “new normal" in its Sustainable Energy in America Factbook. This year's edition affirms that finding.  While U.S. clean energy installations lagged, a record amount of capacity brought online in 2016 drove generation from renewables (including hydropower) in 2017 -- a year of uncertainty -- … Continue reading US Renewable Energy Generation Now ‘Within Striking Distance’ of Nuclear

Grid Defection Is On the Rise in Puerto Rico

Orocovis sits right in the mountainous middle of Puerto Rico. It’s one of the island’s “more remote areas with challenging terrain” that on Thursday the U.S. Army Corps of Engineers said may not have electricity restored until April or May. The town hasn’t had grid-connected power in the four months since Hurricane Maria. Instead, like … Continue reading Grid Defection Is On the Rise in Puerto Rico

EV Charging Practices Could Create Grid Constraints

The World Economic Forum has found electric vehicles could slash travel costs and emissions in cities -- but only if policymakers heed certain guidelines. Current moves to foster EV adoption risk stressing the grid because charging infrastructure is not being deployed ahead of vehicle ownership, said the WEF in a study released this month in … Continue reading EV Charging Practices Could Create Grid Constraints

Trump Can’t Save Coal: More Capacity Closed in 2018 Than First Three Years of Obama Administration

Last week, the Sierra Club announced the latest U.S. coal plant to close: FirstEnergy’s Pleasants Power Station in West Virginia. It’s No. 268 in a long line of U.S. coal plants that have shut down since 2010, and among several to suspend operations this month.  The environmental organization lauded the closure as a victory in … Continue reading Trump Can’t Save Coal: More Capacity Closed in 2018 Than First Three Years of Obama Administration

The Shale Boom Might Not Last Long | OilPrice.com

U.S. shale is growing at a scorching rate, but will the shale industry be around for the long haul? A new study calls into question the heady projections for shale oil and gas, arguing that expectations of huge levels of production for decades to come are based on shaky assumptions.The Post Carbon Institute’s report argues … Continue reading The Shale Boom Might Not Last Long | OilPrice.com

U.S. monthly crude oil production exceeds 10 million barrels per day, highest since 1970

U.S. crude oil production reached 10.038 million barrels per day (b/d) in November 2017, according to EIA’s latest Petroleum Supply Monthly. November’s production is the first time since 1970 that monthly U.S. production levels surpassed 10 million b/d and the second-highest U.S. monthly oil production value ever, just below the November 1970 production value of … Continue reading U.S. monthly crude oil production exceeds 10 million barrels per day, highest since 1970