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EIA expects significant increases in US wholesale electricity prices this summer

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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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IEA: global electricity demand growing faster than renewables, driving strong increase in generation from coal

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Renewables are expanding quickly but not enough to satisfy a strong rebound in global electricity demand this year, resulting in a sharp rise in the use of coal power that risks pushing carbon dioxide emissions from the electricity sector to record levels next year, according to a new report from the International Energy Agency.

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Solar to displace natural gas in the daytime + in summer on the Texas grid

Baua Electric

Solar is forecast to displace natural gas in the middle of the day and in the summer on the Texas grid, according to the US Energy Information Administration (EIA). Texas’s electricity mix of energy sources managed by the Electric Reliability Council of Texas (ERCOT) electricity grid operator changed noticeably in 2023.

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EVs hold power to reduce impact of Texas-size weather events

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The Texas electricity crisis that left more than four million people without power for days amid below-freezing temperatures is forcing the state to rethink its reliance on traditional fossil energy resources like coal, nuclear, and especially natural gas.

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Texas utility signs first US Power Purchase Agreement for low-emissions electricity from commercial-scale coal-fired power plant with carbon capture

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CPS Energy of San Antonio has signed a Power Purchase Agreement for approximately 200 MW of power from the Texas Clean Energy Project (TCEP), located just west of Midland-Odessa. The agreement marks the first US purchase by a utility of low-carbon power from a commercial-scale, coal-based power plant utilizing carbon capture.

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TCEQ grants air quality permits to Tenaska new-build carbon capturing coal plant in Texas; 85-90% capture

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The Commissioners of the Texas Commission on Environmental Quality (TCEQ) voted unanimously to grant the air quality permits necessary for the $3.5 billion 600-megawatt (net) Tenaska Trailblazer Energy Center under development near Sweetwater, Texas to begin construction. The project has also been awarded a $7.7-million

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DOE ROD for coal-based Texas Clean Energy Project sets in motion $450M of federal funding

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The ROD and cooperative agreement between DOE’s Office of Fossil Energy (FE) and Summit Texas Clean Energy, LLC (STCE) sets in motion continued federal cost-shared funding for the Summit Texas Clean Energy Project, to be built just west of Midland-Odessa, Texas. About 200 megawatts of electricity will be put on the power grid.

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