California’s large investor-owned utilities procured about 38 percent of their total generation from renewable resources, which accounted for nearly 42 percent of their total generation costs in 2018, according to a May 8 report from the California Public Utilities Commission. Wind and solar dominated utility power contracts, with the average prices for contracts dropping to…
DetailsTucson Electric Power Company entered into an agreement to join the Western Energy Imbalance Market from April 2022, according to a May 8 news release from the California Independent System Operator Corporation. Tucson estimates the participation to result in about $13 million in annual energy cost savings for its customers by expanding real-time access to…
DetailsThe Electric Reliability Council of Texas on May 8 released its seasonal assessment report for the upcoming summer, which forecasts a peak demand of about 74,850 megawatts, which is 1,300 megawatts higher than the all-time record set last July. The grid operator identified a potential need for an energy emergency alert status, in order to…
DetailsDemocratic Governor Katherine Brown signed legislation on May 6 which clarifies that renewable energy certificates may be issued for the generation of thermal energy at a facility that generates electricity using biomass, subject to the same requirements as all other certificates. The legislation, introduced at the governor’s request, account for the fact that some biomass…
Details
