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

Green Car Congress

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

Green Car Congress

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.

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Tesla’s solar neighborhood in Austin could help TX learn if renewables are viable

Teslarati

Last week, Elon Musk announced Tesla’s first involvement in a major housing development project in Austin, Texas. Tesla Energy takes a stand against coal and gas generators in Australia. Today I'm directing the @PUCTX to take immediate action to improve electric reliability across the state. In a letter, Gov.

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MIT Report Finds Natural Gas Has Significant Potential to Displace Coal, Reducing Greenhouse Gas Emissions; Role in Transportation More Limited

Green Car Congress

Natural gas will play a leading role in reducing greenhouse-gas emissions over the next several decades, largely by replacing older, inefficient coal plants with highly efficient combined-cycle gas generation, according to a major new interim report out from MIT.

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US DOE to Invest Up to $989M in Three Carbon Capture and Sequestration Projects; Total Project Value of $3.18B

Green Car Congress

billion to accelerate the development of advanced coal technologies with carbon capture and storage at commercial-scale. billion in private capital cost share as part of the third round of the Department’s Clean Coal Power Initiative (CCPI). The US Department of Energy has selected three new projects with a total value of $3.18

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Mad Power thoughts

EV Info

Wind farms stand idle for days on end, a fire interrupts a vital cable from France, a combination of post-Covid economic recovery and Russia tightening supply means the gas price has shot through the roof – and so the market price of both home heating and electricity is rocketing. Climate Change. This was plain wrong.

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