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EIA expects significant increases in US wholesale electricity prices this summer

Green Car Congress

The US Energy Information Administration (EIA) forecasts that prices in US wholesale electricity markets this summer will significantly increase over last summer’s prices. EIA forecasts summer electricity prices will average $98/MWh in California’s CAISO market and $90/MWh in the ERCOT market in Texas. MMBtu in May 2021.

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Are EVs Charged Mostly By Coal Power in the US?

EV Adoption

One of the common arguments you hear from people in America who are not fans of the idea of electric vehicles is that they are mostly charged from electricity produced from coal power plants. Heavy Coal Using States Accounted for Only 10% of EV Sales in 2020. of electric vehicle sales in the US. of sales.

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Supreme Court curbs EPA authority to regulate CO2 from power plants

Green Car Congress

The issue here is whether restructuring the Nation’s overall mix of electricity generation, to transition from 38% coal to 27% coal by 2030, can be the “best system of emission reduction” within the meaning of Section 111. New York v. Under our precedents, this is a major questions case. . … 144, 187 (1992).

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Panda Power finances conversion of retired coal plant to natural gas; one of largest power conversion projects in US

Green Car Congress

Panda Power Funds has financed the 1,124 megawatt Panda “Hummel Station” power plant—one of the largest coal-to-natural gas power conversion projects in the United States. The plant will be located at the site of the retired Sunbury coal-fired power plant near Shamokin Dam in Snyder County, Pennsylvania.

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DOE and Beacon Power Finalize $43M Loan Guarantee for Flywheel Energy Storage Project in New York State

Green Car Congress

Beacon’s Gen 4 flywheel system is specifically designed to perform frequency regulation on utility grids by absorbing and discharging energy to balance power generation and consumption on the electric grid. This is the second loan guarantee announced that will provide significant improvements to New York state’s electrical grid.

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DOE selects 8 new advanced coal projects for funding by University Coal Research Program

Green Car Congress

The US Department of Energy (DOE) has selected eight new projects to further advanced coal research under the University Coal Research Program. The selected projects are intended to improve coal conversion and use and will help propel technologies for future advanced coal power systems. DOE Share: $299,998).

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DOE awarding $72M to 27 projects to develop and advance carbon capture technologies, including direct air capture

Green Car Congress

Under this cost-shared research and development (R&D), DOE is awarding $51 million to nine new projects for coal and natural gas power and industrial sources. This work will focus on designing a carbon capture system capable of capturing 50 to 70 percent of CO 2 emissions from blast furnace gas.

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