Electricity Grid

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U.S. Reforms Environmental Law to Speed up Clean Energy, Infrastructure Approval

(Reuters) – The White House on Tuesday reformed the U.S. environmental review process for major projects which officials said would speed up approval of everything from transmission of power from wind and solar farms to semiconductor manufacturing. The reforms are the second and final phase of the administration of President Joe Biden’s adjustments to the …

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Texas Power Prices Signal Grid Stress in Another Long, Hot Summer

August prices for Dallas hit an 82% premium from a year ago Grid operator Ercot issues power warning for next week A surge in Texas power prices for August suggests another summer of heavy electricity demand — and potential grid strain — to meet air-conditioning needs. Traders start looking at prices months in advance to …

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New York’s First Electric Skyscraper Promises Luxury With Lower Emissions

An apartment tower in downtown Brooklyn has ditched fossil fuel heating and appliances as new city rules on energy efficiency are phased in.  By Kendra Pierre-Louis In a city that often feels stitched together by scaffolding, the development known as the Alloy Block — on a bustling street in downtown Brooklyn, across from the red-and-silver sign …

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U.S. Electric Utilities Brace for Surge in Power Demand from Data Centers

(Reuters) – U.S. electric utilities predict a tidal wave of new demand from data centers powering technology like generative AI, with some power companies projecting electricity sales growth several times higher than estimates just months earlier. Nine of the top 10 U.S. electric utilities said data centers were a main source of customer growth, leading …

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Power Bills Will Keep Rising Even After the Fed Tames Inflation

As utilities shell out to fortify, decarbonize and expand their grids, US ratepayers are footing the bill. Bloomberg Alfredo De Avila grows increasingly frustrated when his electricity bill arrives each month. Price gains for groceries and other household essentials have eased in the past year, but the rising cost of power is still eating into …

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How Monday’s Total Solar Eclipse Affects U.S. Grid Operators

(Reuters) – Electric grids across the U.S. are anticipating a rapid decline in solar generation during Monday’s total solar eclipse, which will span multiple states. NASA estimates the path of totality – when the sun is fully blocked by the moon – will last from 1:30 pm CDT (1830 GMT) to 2:35 pm CDT in …

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CERAWeek’s Yergin on What to Expect at Big Energy Conference

Meeting demand and transitioning to clean energy amid geopolitical tensions will dominate conversations among industry heavyweights at CERAWeek in Houston next week. More than 7,000 people are headed to Houston this week to attend CERAWeek by S&P Global with a key question in mind: How to meet increasing demand for power amid the transition to …

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Strained Texas Power Grid Is Poised to Lose a Big Gas Plant

The Texas power grid is poised to lose a big natural gas-fired power plant, potentially straining a system that’s already grappling with an exodus of fossil fuel generation. CPS Energy plans to “indefinitely suspend operations” of three units of the V.H. Braunig facility totaling 859-megawatts by March 31, 2025, according to a notice posted by the Electric …

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Buffett Puts $1 Trillion Grid Problem in a Bad Light

Reuters Breakingviews) – The Oracle of Omaha’s crystal ball failed him. Warren Buffett conceded in his latest annual letter to Berkshire Hathaway  shareholders released over the weekend that he made a “costly mistake” about electricity. The error was thinking that investing huge sums to supply it to American homes and businesses would generate a steady …

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New Texas Fossil-Fuel Power Plant Planned to Shore Up Shaky Grid

A new, natural gas-fired power plant is planned for central Texas that will bolster the Lone Star State’s electricity grid while threatening to slow any transition away from fossil fuels. Sandow Lakes Energy Company LLC will construct a 1.2-gigawatt facility about 60 miles (97 kilometers) east of the capital Austin, on the site of a former Alcoa Corp. aluminum smelter. …

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