Gregory Sonn’s Post

Maryland electric customers face up to 24% bill hikes from PJM capacity auction: report. Reliability-must-run contracts for two Talen Energy power plants added about $5 billion to PJM’s capacity costs in its last auction, Synapse Energy Economics found. For the majority of the PJM region, capacity prices for the 2025/26 delivery year soared to $269.92/MW-day, up from $28.92/MW-day in the last auction, the grid operator said in an auction report. Prices hit zonal caps of $466.35/MW-day for the BGE zone in Maryland, and $444.26/MW-day for the Dominion zone in Virginia and North Carolina. The capacity prices in Maryland reflect the need for power lines and power supplies, according to PJM. Last year, PJM received power plant “deactivation notices” totaling nearly 2.7 GW in Maryland, according to a PJM infrastructure report on the state and the District of Columbia. Maryland and D.C. had about 11.2 GW of installed capacity at the end of 2023, according to the report. PJM’s interconnection queue in Maryland totals about 7.3 GW, including 3.9 GW of storage, 3.2 GW of solar and 45 MW of gas-fired generation, according to the report. TNi Energy-BESS 1.20MW 10HR LDES, we've innovated a groundbreaking method that repurposes recycled lead-acid batteries, extending their life span to 25 years for C1 to C20 Energy Storage purposes. Previously, the industry lacked a safe and environmentally conscious alternative to lithium | sodium-ion batteries. However, our proprietary technique reveals that lead-acid batteries are not only SAFER but also 60-75% more cost-effective than their hazardous counterparts. Made in the USA #TNiEnergy,#10HRLDES,#ELDES,#C1toC20,#nebulositycloud, #BESS,#C3Energy,#Energy, #ZEROemmissions, #ZEROcarbon, #energytransistion, #LeadAcid Battery, #windpower, #solarpower, #VPP, #MicroGrid, #DERM, #HydroPower, #BitCoinMining 

The evidence from this summer’s sizzling heat is in, and the verdict is clear: Renewables are reliably and economically transitioning the grid from #fossilfuels. Even as heat waves pummeled California and #Texas, grid operators in both states had little trouble meeting electricity demand, largely thanks to the rapid growth of #renewableenergy generation and the installation of thousands of megawatts (MW) of battery storage capacity. From June 1 to August 31, solar generated 40% more #electricity in the Electric Reliability Council of Texas (ERCOT) than just a year ago, and on average, met 20.4% of ERCOT peak hour demand during this period. In addition to solar’s growth, the rapid addition of #batterystorage capacity within ERCOT has added greatly to system reliability. The transformation in #California has been equally pronounced, as significant new #cleanenergy generating capacity, a rapid increase in battery storage resources, and better cooperation across the Western Interconnection all helped California ISO and other state power suppliers meet the demands of a two week-long July heat wave. The speed of growth in solar generation and battery storage capacity has changed how grid operators run the power systems across the U.S. But that does not mean those systems are less reliable. More in my latest analysis for the Institute for Energy Economics and Financial Analysis (IEEFA): https://lnkd.in/eVCyithZ

Total installed power is forecast to grow 86% from 2025 to 2050, reaching nearly 300 GW. The ERCOT supply stack needs to grow to continue to meet Texas' large demand expectations. The majority of this is expected to come from solar ☀️ and storage 🔋. For Modo Energy - USA's ERCOT Forecast production-cost model our Data Science team models the generation capacity by combining multiple datasets; ▪️the EIA Monthly Electric Generator Inventory; ▪️the ERCOT Interconnection Queue; ▪️and the 2023 Annual Energy Outlook from the US Energy Information Administration (EIA). However, the icing on the cake 🧁 is then applying findings from Modo's own research into typical Interconnection Queue behaviors, like, attrition and actual buildout timelines. In our model; ▶️ Solar sites take twice as long as stated in the queue ▶️ Wind and batteries will take three times If you're looking to forecast battery revenues in ERCOT and we can help, drop me a message. P.S. I'm at Proximo US Power, Renewables & Energy Transition Finance 2024 in Austin, Texas, today and tomorrow if you want to catch up. #ERCOT #supplyanddemand #forecast

Energizing Texas: Canadian Solar's Bold Battery Partnership ⚡️🌟 TL;DR: Canadian Solar's e-STORAGE will deliver a 498 MWh DC battery storage system for Aypa Power's Bypass Project in Texas, set for completion by Q3 2025 to enhance energy reliability in Houston. Highlights • Major contract secured by e-STORAGE for Aypa Power's Texas project • Located in Fort Bend County, targeting Houston's growing energy needs • Feature 106 units of advanced SolBank 3.0 batteries with LFP chemistry • e-STORAGE will provide long-term operational support after installation • This contract aligns with a collaborative effort totaling over 1.3 GWh in storage capacity #EnergyStorage #CanadianSolar #SustainableEnergy #Innovation #TexasEnergy #GridResilience Article Source https://lnkd.in/dVtfsZMq

Texas Power Grid Faces Big Changes The Electric Reliability Council of Texas (Ercot) is in the midst of significant transformation. With renewable capacity set to rise by 120% by the end of this decade and peak system demand potentially hitting 152 gigawatts by 2030, the region's energy infrastructure is under immense pressure. That's nearly double the current grid's capacity, highlighting a clear need for substantial upgrades. 🛠️ Much of Ercot's load growth is centred in the west and south, areas rich in oil and wind resources. This has led to congestion charges and power curtailments, further stressing the system. To combat these challenges, several Texan utilities, including Oncor Electric, CenterPoint Energy, and AEP Texas, are ramping up their efforts. Collectively, these companies have spent over $8.8 billion annually in capital expenditure over 2022-23. Oncor alone has announced a $24.2 billion five-year capital expenditure plan. 📈 Despite these significant investments, the planned upgrades still fall short. By 2030, the transmission line upgrades are expected to lag 12% behind the requirements needed for BNEF's Economic Transition Scenario. This shortfall could jeopardise the grid's capability to handle new generation and increased demand, delaying the path towards a net-zero transition. At Venda Search, we understand the critical role skilled professionals will play in these developments. Whether you're looking to recruit top talent or seeking new opportunities in this evolving sector, connect with us at venda-search.com. 💬 What are your thoughts on Texas's power grid challenges? Let's discuss in the comments. #Energy #Infrastructure #Renewables

How will battery storage perform this summer in California ISO? Battery Storage has proven to be critical to supporting energy demand in California ISO (#CAISO) particularly during the morning and evening ramps of #solar generation. The ISO currently leads North Americas power markets with 9.8 GWs of installed capacity. In our recent summer 2024 outlook, Wood Mackenzie’s CAISO team did a deep dive into how we expect these resources to perform. A key metric used in our analysis is the ratio of discharge to total storage capacity, specifically during early morning hours (4 – 6 a.m.) and late evening hours (6 – 10 p.m.). Over the last two summers, this ratio has climbed month over month throughout the season. In 2022, the summer started with a discharge ratio of 25% in June and peaked at 32% in August. This trend continued in 2023, ranging from 23% to 28%. This increasing trend as the summer heat intensifies underlines the critical role of #batterystorage in managing peak net loads for the ISO as solar resources are ramping on and offline. For summer 2024, our CAISO team assumed last year’s discharge ratios would materialize to determine potential performance. The graphic below shows our forecasted average discharge amounts during critical early morning and late evening hours each month. The discharged capacity shows a clear increasing trend from June to August, starting just above 2250 MW in June and approaching nearly 3000 MW by August. These figures represent the minimum expected performance given the exponential growth of these resources for the ISO. By August, our CAISO team expects 10.5 GW of installed battery storage capacity, which is a ~47% growth rate year over year! The continued growth of these flexible resources is critical to support grid reliability and the #energytransition. For more information on Wood Mackenzie’s CAISO summer 2024 expectations visit: https://okt.to/xGeElf.

NOVEMBER STATE OF THE INDUSTRY BY SID COUCH, GTTSI CHIEF TECNICAL CONSULTANT Grid reliability refers to the ability of the electric grid to maintain power and avoid disruptions, even during unexpected conditions. It is essential for our economy and our national security. In the United States, we have grown accustomed to electricity being available to us at any time. In fact, the average U.S. customer loses power less than two times per year for a total of less than five hours, which represents 99.95% reliability. FERC (Federal Energy Regulatory Commission) has warned this may soon change. They believe we are “heading for a very catastrophic situation in terms of grid reliability" due to market distortions, caused by subsidies for renewables, and public policies that have driven out many of our baseload power plants, causing a deterioration of grid reliability. Replacing dependable power sources with intermittent ones without reliable backups or massive energy storage is a recipe for disaster, increasing the risk of prolonged blackouts. Some areas of the country have made significant gains in providing this support. (See Helped to “Keep the Lights On” in Texas Solar and BESS - Oct. Newsletter), but according to a Liberty Energy study, blackouts affecting 50,000 customers or more can be linked to areas where there is increasing solar and wind power. Data already shows that wind and solar renewables are causing rising power bills and not reducing our carbon footprint. We can achieve a clean, affordable, reliable, and resilient electric grid but without more work, adding renewables to the mix may take away the word affordable. I welcome your comments or questions - [email protected] #energyindustry #powergeneration #nuclearenergy #nuclearpower #renewableenergy #renewables #netzero #zerocarbon #electricgrid 

Texas may have found the right mix of generation sources for grid reliability.

How will battery storage perform this summer in California ISO? Battery Storage has proven to be critical to supporting energy demand in California ISO (#CAISO) particularly during the morning and evening ramps of #solar generation. The ISO currently leads North Americas power markets with 9.8 GWs of installed capacity. In our recent summer 2024 outlook, Wood Mackenzie’s CAISO team did a deep dive into how we expect these resources to perform. A key metric used in our analysis is the ratio of discharge to total storage capacity, specifically during early morning hours (4 – 6 a.m.) and late evening hours (6 – 10 p.m.). Over the last two summers, this ratio has climbed month over month throughout the season. In 2022, the summer started with a discharge ratio of 25% in June and peaked at 32% in August. This trend continued in 2023, ranging from 23% to 28%. This increasing trend as the summer heat intensifies underlines the critical role of #batterystorage in managing peak net loads for the ISO as solar resources are ramping on and offline. For summer 2024, our CAISO team assumed last year’s discharge ratios would materialize to determine potential performance. The graphic below shows our forecasted average discharge amounts during critical early morning and late evening hours each month. The discharged capacity shows a clear increasing trend from June to August, starting just above 2250 MW in June and approaching nearly 3000 MW by August. These figures represent the minimum expected performance given the exponential growth of these resources for the ISO. By August, our CAISO team expects 10.5 GW of installed battery storage capacity, which is a ~47% growth rate year over year! The continued growth of these flexible resources is critical to support grid reliability and the #energytransition. For more information on Wood Mackenzie’s CAISO summer 2024 expectations visit: https://okt.to/sukzZL. #batterystorage

How will battery storage perform this summer in California ISO? Battery storage has proven essential for meeting energy demand in California ISO (#CAISO), particularly during the morning and evening ramps of #solar generation. With 9.8 GW of installed capacity, CAISO leads North America’s #power #markets. Wood Mackenzie’s recent summer 2024 outlook delves into how these resources are expected to perform. A key metric in our analysis is the discharge-to-total storage capacity ratio during early morning (4 – 6 a.m.) and late evening hours (6 – 10 p.m.). Over the past two summers, this ratio has increased month over month, peaking at 32% in August 2022 and reaching 28% in 2023. This trend underscores the critical role of #battery storage in managing peak net loads as solar resources ramp on and offline. For summer 2024, we anticipate similar discharge ratios, forecasting average discharge amounts during critical hours to increase from just over 2250 MW in June to nearly 3000 MW by August. With 10.5 GW of installed battery storage capacity expected by August, representing a 47% year-over-year growth, these resources will be vital for grid reliability and the energy transition. For more information on Wood Mackenzie’s CAISO summer 2024 expectations, visit: https://okt.to/0LrOum. #BeWoodMacSure