Virginia Power Outage: Grid Outage Explained
Heavy winter storms left 390,000 Virginians without power this week. Dominion Power has since restored services to more than 250,000 customers. Extreme winter storms caused power outages and interruptions due to damaged infrastructure and equipment. For the power industry, these events impact wholesale power pricing, electricity demand and grid operations, in addition to the end […]
An Intro to Locational Marginal Pricing
Locational marginal pricing (LMP) serves as a valuable mechanism for pricing electricity in managed wholesale markets. It defines the price for electricity in real time at specific points referred to as nodes within a transmission system. These prices represent clear benchmark signals for buyers and sellers in electricity markets. They provide vital insights into decisions […]
Accurate Load Forecasting on a Rainy Day in L.A.
When you think about Los Angeles weather, you likely think of warm and sunny. In fact, L.A. is so sunny, it ranks No. 1 in total installed solar photovoltaic (PV) systems in the U.S., with more than 483.8 megawatts (MW) of capacity. But what happens when it is cold and rainy? Southern California recently experienced […]
PROJECT TRACKING REVIEW: TOP 10 US ENERGY STORAGE DEVELOPERS
As renewable power generation accelerates and concerns around the capacity and resiliency of energy grids grow, companies are increasingly exploiting and developing energy storage systems. But grid-connected energy storage systems are not a novel concept and have existed for years. Why is energy storage important? In its simplest form, energy storage is best thought of […]
Project Tracking Review: Top 10 US Energy Storage Developers
As renewable power generation accelerates and concerns around the capacity and resiliency of energy grids grow, companies are increasingly exploiting and developing energy storage systems. But grid-connected energy storage systems are not a novel concept and have existed for years. Why is energy storage important? In its simplest form, energy storage is best thought of […]
Project Tracking Review: Top 10 US Renewable Developers
Ambitions to electrify transportation, a rise in supportive federal incentives and continued participation of oil and gas companies in the electricity value chain have spurred a transformative shift in the energy industry. What might surprise some is the rapid pace of the change. Five years ago, clean power was viewed as a tumultuous and fragmented […]
Project Tracking Review: Top 10 US Solar Developers
Solar photovoltaic (PV) adoption is pushing boundaries in the U.S., despite recent headwinds and growth slowdowns caused by supply chain disruptions and economic challenges associated with COVID-19. Approximately 11.86 gigawatts (GW) of new solar PV became operational in 2020 — a record to date — and around a 68% increase from 2019 additions, according to […]
Introducing Weekly Power & Renewables Price and Congestion Analysis
Enverus power market publications serve a large swath of power traders and utility professionals. From our granular twice-daily ISO updates to our bimonthly 90-day price forecasts, we are constantly innovating to bring our customers improved market insights. Understanding the macro fundamentals behind power market price movement and congestion is essential for many of our customers, […]
Project Tracking Wind Power in Texas — Pick the Winners
Where are these Texas wind turbines everyone is talking about that keep the ERCOT power grid going? Who owns these wind farms in Texas? How much power is generated by these assets in the state of Texas today? We can answer all these questions and more in Enverus Power & Renewables’ latest tool for renewable […]
Record Heat and Potential Blackouts Roll Into Northwestern US
Record-high temperatures and below-average hydro-generation conditions will rock the Pacific Northwest in the coming days, with a record summer load forecast for the wholesale electrical providers in the region. Temperatures are expected to reach or exceed all-time record highs in Seattle and Spokane, Washington; Portland, Oregon; and Boise, Idaho; after a “heat dome,” or large […]