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Keyword: electricreliability

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  • Daily on Energy: $1B a year in funding needed to avoid blackouts in New England, grid operator warns

    02/23/2024 10:42:15 AM PST · by george76 · 18 replies
    Washington Examiner ^ | February 22, 2024 | Breanne Deppisch
    NEW ENGLAND GRID NEEDS: New England’s grid operator warned that the region will need to invest nearly $1 billion in its electric transmission infrastructure per year through 2050 to avoid capacity shortfalls and handle the rising power demand—especially as wind and solar make up a rising share of its energy mix. Takeaways: The report modeled for several different demand scenarios through 2050. The low end of 51 GW could be achieved only if the region kept online some stored fuels like natural gas and oil—which is almost a certain impossibility, given the emissions reduction targets passed by several of the...
  • Texas Power Prices Surge 6,000% as Grid Operator Asks Residents to Reduce Energy Usage Due to ‘Low Wind Generation’

    08/20/2023 12:03:25 PM PDT · by george76 · 109 replies
    Gateway Pundit ^ | Aug. 19, 2023 | Cristina Laila
    Earlier this week Texas grid operator ERCOT (Electric Reliability Council of Texas) asked residents to reduce energy usage amid a sweltering heat wave to avoid rolling blackouts. ERCOT manages electric power to more than 26 million Texas customers and represents 90% of the state’s electric load, according to the company. Temperatures soared to 115+ degrees with the heat index in parts of Texas on Thursday amid an excessive heat warning. ERCOT issued the voluntary conservation notice due to extreme temperatures, forecasted high demand and lower reserves due to low wind generation. ... The wind turbines aren’t producing enough energy. Texas...
  • Californians encouraged to reduce energy use, grid operator issues statewide flex alert for Thursday evening

    06/16/2021 5:24:27 PM PDT · by george76 · 38 replies
    KTVU ^ | 6/16/2021
    California's Independent System Operator has issued a statewide flex alert for Thursday June 17 from 5 p.m. to 10 p.m. Cal ISO issued the voluntary call to conserve energy Wednesday afternoon as temperatures in the Bay Area soared in the first heat wave of the season and record breaking heat blankets the West Coast this week. By Wednesday, Fairfield reached triple digits. Many other spots in the East Bay, including Fremont, Walnut Creek and Concord are already getting close. The heat is expected to peak on Thursday, with an excessive heat warning in effect through Friday night for many areas...
  • ERCOT requests Texans conserve energy

    06/16/2021 10:57:15 AM PDT · by george76 · 51 replies
    The Center Square ^ | Jun 15, 2021 | Bethany Blankley
    The Electric Reliability Council of Texas (ERCOT), the regulatory agency that manages Texas’ power grid, said tight grid conditions are expected this week due to high number of forced generation outages, and urged Texans to conserve energy. The announcement came one month after it published its latest seasonal assessment projecting a less than a 1% chance of blackouts occurring this summer. It also came just four months after the state’s historic power grid failure left millions of Texans in the cold and dark. Without heat and water during sub-zero temperatures in mid-February, 111 Texans died. On Monday, ERCOT asked Texans...
  • Texas power grid CEO Bill Magness fired after deadly blackouts during storm

    03/04/2021 10:11:36 PM PST · by george76 · 39 replies
    NY Post ^ | March 4, 2021 | Yaron Steinbu ch
    The president and CEO of the Texas power grid has been fired after mounting calls for his ouster following the deadly blackouts that left millions of people without electricity and heat for days in subfreezing temperatures. Bill Magness was given a two-month termination notice Wednesday by the board of the Electric Reliability Council of Texas, a cooperative responsible for 90 percent of the state’s electricity. On Monday, the state’s top utility regulator resigned in the wake of the one of the worst blackouts in US history. .... Grid operators disconnected more than 4 million customers as the system buckled, which...
  • 5 ERCOT board members who live outside of Texas resign in aftermath of power outage, winter storm

    02/23/2021 5:30:32 PM PST · by george76 · 85 replies
    WFAA ^ | FEB. 23, 2021
    The Electric Reliability Council of Texas announced in a Tuesday notice to the Public Utility Commission of Texas that four of its board members will resign effective Wednesday, Feb. 24.. A fifth board member separately submitted her resignation. Gov. Greg Abbott sent out a statement saying he welcomed the resignations. ... All five members who are resigning live out of state, ... Last week, amid growing frustrations and public outcry during the winter storms in Texas, ERCOT removed the names of its board members from its website. It has since restored those names. Prior to being pulled down, the biographies...
  • ERCOT to change Texas energy prices to meet high demand amid winter storm

    02/16/2021 12:23:36 PM PST · by george76 · 98 replies
    KVUE ^ | February 16, 202 1
    A Public Utility Commission order stated that ERCOT should correct any past prices to reflect the current shortage of energy... TEXAS, USA — With nearly 4 million Texans in need of power amid the winter storm that struck the state, demand for energy is exceptionally high. The demand has exceeded the supply that the state has to offer. As a result, the Public Utility Commission of Texas held an emergency meeting on Monday where officials introduced an order that would adjust energy prices. The order said in part, "Energy prices should reflect scarcity of the supply. If customer load is...
  • Texas wholesale electric prices spike more than 10,000% amid outages

    02/15/2021 11:50:33 AM PST · by george76 · 71 replies
    Reuters ^ | Feb 15, 2021 | Tim Mclaughlin
    The spot price of wholesale electricity on the Texas power grid spiked more than 10,000% on Monday amid a deep freeze across the state and rolling outages among power producers, according to data on the grid operator’s website. Real-time wholesale market prices on the power grid operated by the Electric Reliability Council of Texas (ERCOT) were more than $9,000 per megawatt hour late Monday morning, compared with pre-storm prices of less than $50 per megawatt hour, according to ERCOT data.. The surge reflects the real-time megawatt hour price of electricity and the cost of congestion and losses at different points...
  • State power grid warns of rotating outages if electricity demand overwhelms supply [ Texas ]

    02/14/2021 1:55:46 PM PST · by george76 · 220 replies
    The Dallas Morning News ^ | Feb 14, 2021 | Jesus Jimenez and Krista M. Torralva
    The Electric Reliability Council of Texas emphasized the need for people to reduce energy use... As temperatures dropped to near-record lows Sunday, electricity operators warned that demand could overwhelm the state’s power grid and force rotating power outages. The Electric Reliability Council of Texas, which operates the state’s power grid, emphasized the need for Texans to reduce energy consumption. “We are experiencing record-breaking electric demand due to the extreme cold temperatures that have gripped Texas ... At the same time, we are dealing with higher-than-normal generation outages due to frozen wind turbines ... If power reserves fell too much, an...