EnerKnol Research PU Policy Primer Resource Adequacy 2023 10 17 Blog preview

Visual Primer: Growing Share of Intermittent Generation Prompts Closer Scrutiny of Potential Resource Adequacy Issues

Climate Change and Emissions, Cyber Security, Electric Transmission, EnerKnol Impact-Misc Categories, EnerKnol Impacts, EnerKnol Research Reports, EnerKnol Visual Primer, Grid Modernization, Power & Utilities, PRODUCTS, REC Feed, Smart Grid, Solar, Wind

Evolving electric system reliability needs that stem from the anticipated unprecedented growth in intermittent resources have prompted a closer scrutiny of resource adequacy (RA) issues. The increasing share of renewables to facilitate a lower-carbon grid, coupled with fossil generation retirements and increased demand for electrification, pose emerging challenges to the ability of system operators to meet reliability requirements. RA ensures that the planned resource mix is sufficient to meet the future system capacity needs and maintain grid reliability.

energy expenditure

Most U.S. Households Projected to Spend Less on Energy This Winter: EIA

Climate Change and Emissions, Electric Transmission, EnerKnol Impact-Misc Categories, EnerKnol Impacts, EnerKnol Pulse, Natural Gas, PRODUCTS, Retail Power and Gas

U.S. households that utilize natural gas and those situated in the West, which together represent over half of all U.S. households, are expected to spend less on energy this winter in comparison to last winter, according to an Oct. 12 report by the U.S. Energy Information Administration. The agency expects residential energy prices for heating…...

solar panels wind turbines with clouds sky renewable energy 1

New York Commission Rejects Petitions to Revise Offshore Wind Contracts

Climate Change and Emissions, Electric Transmission, Energy Storage, EnerKnol Impact-Misc Categories, EnerKnol Impacts, EnerKnol Pulse, Grid Modernization, PRODUCTS, Solar, Wind

The New York State Public Service Commission on Oct. 12 denied petitions seeking additional funding from consumers for four proposed offshore wind projects and 86 land-based renewable energy projects. The petitions filed by major offshore wind developers and a clean energy group sought amendments to power purchase agreements with the New York State Energy Research…...

EIA crude oil exports

U.S. Crude Oil Exports at Record High During First Six Months of 2023: EIA

Climate Change and Emissions, EnerKnol Impact-Misc Categories, EnerKnol Impacts, EnerKnol Pulse, Oil, PRODUCTS

U.S. crude oil exports reached a record 3.99 million barrels per day (b/d) during the first six months of 2023, up 650,000 b/d compared to the same period in 2022, according to an Oct. 10 report issued by the U.S. Energy Information Administration. U.S. crude oil exports during the period were at their highest levels…...

EnerKnol Research PU Policy Primer Retail Electric Competition 2023 10 10 Blog preview 2

Competitive Retail Electricity Markets – October 2023 Update

Climate Change and Emissions, EnerKnol Impact-Misc Categories, EnerKnol Impacts, EnerKnol Insights, Natural Gas, Power & Utilities, PRODUCTS, REC Feed, Retail Power, Retail Power and Gas, Solar, Wind

Latest developments in the policy and regulatory landscape governing competitive retail electricity markets are focused on efforts to enhance consumer protection and benefits. Recent actions range from…Read the full report…...

EnerKnol Research PU Policy Primer Retail Electric Competition 2023 10 10 Blog preview

Policy Primer: Competitive Retail Electricity Markets – October 2023 Update

Climate Change and Emissions, EnerKnol Impact-Misc Categories, EnerKnol Impacts, EnerKnol Research Reports, EnerKnol Visual Primer, Natural Gas, Power & Utilities, PRODUCTS, REC Feed, Retail Power, Retail Power and Gas, Solar, Wind

Latest developments in the policy and regulatory landscape governing competitive retail electricity markets are focused on efforts to enhance consumer protection and benefits. Recent actions range from establishing stricter reviews of electric supplier licenses to cyber and data security requirements.

Massachusetts Begins Process for Second Offshore Wind Solicitation of Up To 800 Megawatts

U.S. Interior Releases Draft Review of Wind Project Offshore Maryland

Climate Change and Emissions, Electric Transmission, EnerKnol Impact-Misc Categories, EnerKnol Impacts, EnerKnol Pulse, PRODUCTS, Wind

The Bureau of Ocean Energy Management on Oct. 6 announced the availability of its draft environmental impact statement for the construction and operations plan presented by US Wind Inc. for its planned Maryland Offshore Wind Project. The draft evaluates the possible environmental impacts of the state’s offshore wind projects and offers amendments to the planned…...

Electricity demand EIA

Peak Hourly U.S. Electricity Demand Reached New High in July 2023: EIA

Climate Change and Emissions, Electric Transmission, Energy Efficiency, EnerKnol Impacts, EnerKnol Pulse, Grid Modernization, Retail Power and Gas

U.S. peak hourly electricity demand on July 27, 2023, reached 741,815 megawatt hours (MWh), according to an Oct. 5 report from the U.S. Energy Information Administration. The peak hourly demand was the second highest since 2016 and was marginally below the record high of 742,704 MWh last year on Jul. 20. U.S. peak electricity demand…

Ocean Wind Offshore Wind

New England States Unite to Procure up to 6 Gigawatts of Offshore Wind

Climate Change and Emissions, Electric Transmission, EnerKnol Impact-Misc Categories, EnerKnol Impacts, EnerKnol Pulse, Grid Modernization, PRODUCTS, Wind

The states of Massachusetts, Rhode Island, and Connecticut, on Oct.4 announced an offshore wind multi-state coordination memorandum of understanding for offshore wind in New England. The collaboration, the first of its kind in the U.S, aims to capture cost reductions by facilitating the development of large-scale, viable offshore wind projects, thereby enabling the acquisition of…...

Construction costs

U.S. Construction Costs for Natural Gas-Fired Generators Dropped by 18 Percent in 2021: EIA

Climate Change and Emissions, Electric Transmission, EnerKnol Impact-Misc Categories, EnerKnol Impacts, EnerKnol Pulse, Natural Gas, PRODUCTS, Retail Power and Gas, Solar, Wind

The average construction costs of natural gas-fired generators, wind turbines and solar PV systems declined in the U.S. during 2021 relative to 2020, according to an Oct. 3 report by the U.S. Energy Information Administration.  Average construction expenditures declined by 18 percent for gas fired generators, 5 percent for wind turbines and by 6 percent…...