California solar spike leads to negative CAISO real-time prices in March There is more evidence that the rapid growth of renewable energy is causing upheavals in organized power markets. Power prices in CAISO plummeted last month, at times going negative, compared with average prices from $14/MWh to $45/MWh during the same time periods in recent … Continue reading #California solar spike leads to negative CAISO real-time prices in March→
Record California solar generation leads to negative wholesale electricity prices On March 11, between the hours of 11 a.m. and 2 p.m., utility-scale generation in the territory of the California Independent System Operator (CAISO) reached record-high levels of almost 40 percent of net grid power. The growing amount of solar generation has at times resulted … Continue reading Record California solar generation leads to negative wholesale electricity prices→
PacifiCorp plans new renewable energy investments PacifiCorp released a long-term energy plan that looks to new investments in renewable energy resources, upgrades to the company’s existing wind fleet, and energy efficiency measures to meet future customer energy needs. The $3.5 billion expansion plan, set to be in place by 2020, also incorporates building a segment … Continue reading #PacifiCorp plans new renewable energy investments→
Tucson Electric Power Plans More Renewables, Less Coal Tucson Electric Power (TEP), which provides electric service to nearly 420,000 customers in southern Arizona, has announced plans to expand the utility’s renewable energy portfolio and reduce its reliance on coal-fired generating resources. TEP says its long-term strategy to build a more responsive, sustainable resource portfolio is … Continue reading #Tucson_Electric_Power Plans More Renewables, Less Coal→
Snohomish PUD installs second energy storage system Snohomish County PUD this week dedicated its second energy storage system, recently installed at a substation in Everett, Washington. The system is the PUD’s largest containerized vanadium flow battery system by capacity. The batteries and control systems are housed in 20 shipping containers, each 20 feet in length, … Continue reading #Snohomish_PUD installs second energy storage system→
The Case for California to Engage in Grid Markets Across the West California could expand its grid markets to other states across the Western United States, and find a home for gigawatts’ worth of solar and wind power that might otherwise be lost to curtailment. But it’s a tough political, economic and environmental balance to … Continue reading The Case for California to Engage in Grid Markets Across the West→
PacifiCorp proposes big new wind power investments PacifiCorp, which now generates nearly 60 percent of its electricity from coal, is planning to make a big new commitment to wind power. The six-state utility, whose Pacific Power unit delivers about 27 percent of the electricity consumed in Oregon, released a long-range power plan on Tuesday that … Continue reading #PacifiCorp proposes big new wind power investments→
Too Much of a Good Thing? An Illustrated Guide to Solar Curtailment on California’s Grid The end of California’s drought is exposing the full effect of the state’s move to renewable energy. A wet winter has loaded up the hydroelectric system, while solar generation rose by 33 percent in the past year. These increases, combined … Continue reading Too Much of a Good Thing? An Illustrated Guide to Solar Curtailment on California’s Grid→
Macquarie closes ‘first of a kind’ financing on Powerpack 2 projects with AMS in California A “first-of-its-kind” project financing deal will bring 50MW of Tesla Powerpacks online in California, Macquarie Capital, the investing and advisory arm of global finance corporation Macquarie Group has said. Macquarie Capital said yesterday that it had closed a non-recourse project … Continue reading Macquarie closes ‘first of a kind’ financing on Powerpack 2 projects with AMS in #California #TESLA→
Future of 10,000 MW of Gas-Fired Power Uncertain, CAISO Says The growing shift to more reliance on renewable resources for electric generation in California has put nearly 10,000 MW of natural gas-fired generation sources in a state of flux for grid planners in the state. At a time when federal and state regulators are calling … Continue reading Future of 10,000 MW of Gas-Fired Power Uncertain, CAISO Says→
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