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Archive for the ‘Electricity Supply’ Category

ERCOT Reserve Margins – Forward Outlook

ERCOT projects reserve margins to be 10-18% over the next five years with the improvement between Summer 2020 and Summer 2021 primarily attributed to the near 5,000 MW of solar capacity and 700 MW of new wind capacity expected to come online.

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Energy Procurement Mistakes You Didn’t Realize You Were Making (and How to Avoid Them): #3 – Lack of a Proper Procurement Strategy

Energy procurement requires a significantly different process than the procurement of most other goods and services. If you’ve been your organization’s procurement officer for any length of time, this is likely not the first time you’ve heard that. This series on the “Top Energy Procurement Mistakes” seeks to explain why this process is such a different beast.

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Market Monitor – PG&E files Notice of Intention to declare Bankruptcy

January 14, 2019: Pacific Gas and Electric, California’s largest investor-owned utility, filed an official 15-day notice that it intends to file petitions to reorganize under Chapter 11 of the U.S. Bankruptcy Code on or about January 29th. A bankruptcy filing by PG&E will have a limited impact on our customers as the utility will likely […]

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Energy Procurement Mistakes You Didn’t Realize You Were Making (& how to avoid them): #2 Missing the Most Competitive Rates

Energy Procurement Mistake No. 2: Missing the Most Competitive Rates We’ve all experienced it: that moment we realize we paid more than we should have. We thought we did our research and negotiated well, but it turned out that someone else got a better deal. If you’ve been getting bids on electricity supply for years, […]

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ERCOT reserve margins likely to dip below target: IMM

Several coal- and natural gas-fired power plants are shutting down in Texas within the next year. This is expected to drop ERCOT’s reserve margin below their target threshold, which board members are expecting will strengthen power prices in the coming years. Recently announced planned retirements of 4,500 MW of generation capacity in the Electric Reliability […]

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Southern California power supply at risk this summer: FERC

A perfect storm is brewing in New England and California  The Aliso Canyon natural gas leak, unexpected lower generation capacity, and warmer than anticipated weather could threaten reliability and strain electricity grids.  One way to avoid high prices resulting from the increased demand is to sign up for Tradition Energy’s Coincident Peak Alert Notifications. Natural […]

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California Grid Smashes Record, Gets 67% of Energy From Renewables

California grid smashes renewables record, getting more than 67% of its energy from renewables on May 13, 2017. The state is still leading the U.S., but the entire country is making progress with renewable energy. CALIFORNIA LEADING THE WAY On May 13, 2017, California smashed through another renewable energy milestone as its largest grid, controlled […]

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