Energy Update
(Fri, 25 Aug 2017) Hurricane Harvey strengthened to a Category 1 hurricane Thursday afternoon and is currently forecast to make landfall over southeast Texas later today or early Saturday.
The nine Northeastern and Mid-Atlantic states participating in the Regional Greenhouse Gas Initiative (RGGI) yesterday said that they have proposed a regional emissions cap trajectory that will provide an additional 30 percent cap reduction by the year 2030, relative to 2020 levels.
In April, newly appointed U.S. Secretary of Energy Rick Perry called for a study of the U.S. electricity grid. He wanted the study to reveal why so many coal plants were retiring and whether or not energy policies (renewable folks, think the ITC, PTC, RPS) were distorting the market and making the grid unstable.
Forward-looking utilities such as San Diego Gas and Electric (SDG&E) are piloting projects that will help them figure out not just how to use them to strengthen the grid but also how to compensate those DER owners for the use of their equipment.
(Thu, 24 Aug 2017) During the solar eclipse that passed across the continental United States on August 21, 2017, solar output on the California Independent System Operator (CAISO) electric system dropped while the sun was partially obscured.
It’s been over a year since Seth Clare joined Platts through the Commodity Associate Program. He shares his experiences in The Barrel blog.
As locations for large-scale solar deployment go, Bermuda is a pretty good one. The climate guarantees plenty of sun and the potential for significant generation of clean energy. The National Museum of Bermuda has capitalized on the advantageous conditions with the recent launch of the largest ground-mounted solar project in the country.
When utility executives make decisions about building new power plants, a lot rides on their choices. Depending on their size and type, new generating facilities cost hundreds of millions or even billions of dollars. They typically will run for 40 or more years — 10 U.S. presidential terms. Much can change during that time.
KPE announced it has been awarded a contract valued in excess of $100m by Targa Pipeline Mid-Continent WestTex to provide engineering, procurement and construction for a 200 MMSCFD natural gas cryogenic processing facility located near Midkiff, in the Permian Basin of West Texas.
Solar Spectrum, a clean-energy company backed by private equity firm Northern Pacific Group, bought residential system provider Horizon Solar Power.
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