Energy Storage
While their net-zero emission targets might not kick in until the 2030s, the power industry already is dealing with the issues they create, panelists said at the Electric Power Supply Association’s Competitive Power Summit.
2023 began with a mild winter, setting the pace for a relatively quiet year in which natural gas and wholesale electricity prices dropped and the U.S. added a net 26 GW in generation capacity.
The Washington Post’s warning that “America is running out of power” lacks context and distracts us from the real work at hand, says columnist Steve Huntoon.
The NYISO Business Issues Committee approved proposed tariff changes to allow energy storage resources co-located with a dispatchable generator behind a single point of interjection to participate in the markets.
Nevada regulators approved NV Energy’s plan to convert its last coal-fired power plant to natural gas, while also allowing the company to move forward with a $1.5 billion, 400-MW solar-plus-storage project.
PJM is rejecting a study suggesting it could avoid extending the life of the Brandon Shores generator by installing storage and reconductoring several lines.
PJM proposed changes to how it measures and verifies the capacity contribution of energy efficiency resources, drawing concerns the RTO is moving too fast to implement changes ahead of the next capacity auction.
A new report indicates battery energy storage system failures are ramping up with the spread of the technology, and most often occur in new systems.
ISO-NE's capacity prices cleared at $3.58/kW-month in FCA 18, a nearly $1 increase over last year.
The U.S. Energy Information Administration reports that fossil fuel generation retirements will slow in 2024 and that solar and storage will dominate capacity additions.
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