2023-06-23 06:00:00
TEXAS FRYING PAN
By KENT KNUTSON Energy Market Specialist, Hitachi Energy USA Inc.
ENERGYCENTRAL - Jun 14, 2023 - The Texas power grid will be severely tested over the remainder of June as the summer’s first significant heat ridge sets up across the state. ERCOT is forecasting electricity demand during peak periods above 80 gigawatts (GW). The current all-time peak demand record of 80,038 MW was set on July 20, 2022, between 4 and 5 p.m. The Weather Channel is currently forecasting triple digit highs for Austin, TX, over the next 12 days with highs reaching 105 degrees Fahrenheit on Friday and Saturday. We will be keeping a close eye on this over the next several weeks. Try to stay cool!
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Earlier:
2023, June, 16, 06:40:00
TEXAS ENERGY AMBIGUITY
Believe it or not, the concept of reserve power is a foreign one in Texas. The bill passed with a caveat: any increase in costs could not exceed $1 billion annually.
2023, June, 16, 06:35:00
TEXAS ENERGY CREAK
The city council in Austin, Texas is on the verge of signing on to the Fossil Fuel Non-Proliferation Treaty (FFNPT), a global campaign calling on countries to phase out fossil fuel production and help communities make the transition to a renewable energy economy.
2023, June, 9, 06:30:00
GLOBAL ENERGY CHALLENGES
As the energy transition/energy addition continues, many changes are occurring that will impact the performance of grid reliability.
2023, June, 2, 06:50:00
GLOBAL CLIMATE SCAM
Last fall, when the Institute for Energy Economics and Financial Analysis looked into the world’s 13 “flagship, large-scale” CCS projects, representing about 55% of global carbon capture capacity, it found that seven of the 13 projects underperformed, two failed outright, and one had to be mothballed.
2023, April, 28, 06:40:00
GLOBAL ENERGY CHALLENGES CONTINUING
The challenges today are not likely to end anytime soon. Market participants must adapt to the uncertainty, tightness of supply and fluctuating prices.
2023, February, 27, 09:50:00
U.S. ELECTRICITY CRISIS
The electricity industry won’t be able to deal with future demands if it remains on its present modest growth trajectory.
