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Aug
10

The High Cost of Heatwaves

The High Cost of Heatwaves
As temperatures continue to climb across the country this summer, the heat is certain to again wreak havoc on the electric grid. Every part of our aging infrastructure experiences immense strain when the mercury rises, and we all pay the price. Businesses use more power and that bumps up their summer bills. But the real cost of summer heatwaves stems from grid inefficiencies and operational challenges. Prolonged heat raises power prices, increases carbon-intensity, and ups the risk of brownouts ...
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May
11

Texas Wind Fleet Grows, but Price Effects Depend on Location

Texas Wind Fleet Grows, but Price Effects Depend on Location
The Texas wind farm fleet is continuing to grow, but its effect on power prices depends on where the wind farms are located. Generally, Texas wind farms have dampened wholesale power prices, but they’ve also increased price volatility and can have an outsized impact on summer-time prices. Texas wind fleet grows, and keeps growing The Electric Reliability Council of Texas (ERCOT), which operates the grid for most of the state, has about 23,865 MW of wind power, up from 100 MW two decades ago. The...
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