Wholesale electricity prices were lower in 2024 than 2023, with less price volatility, as solar and battery energy storage expands, and lower natural gas prices stabilize major markets in the U.S.
A report from GridBeyond examines how regulations and solar resources drive prices.
In what appears to be the world’s largest project of the kind, Element Energy’s 53 MWh storage project – consisting of repurposed EV batteries – is now operating in West Central Texas.
Texas is quickly adding solar, wind and storage to its grid by using a relatively simple interconnection process, and now 24 industry participants have expressed support for the use of a similarly streamlined process across the nation.
Strata Clean Energy has secured a deal for its 100 MW/400 MWh White Tank battery energy storage system (BESS), in Arizona, and Energy Vault is planning a 57 MW/114 MWh BESS in Texas.
“Too few entities” in the U.S. have adopted a global standard for transmission-connected solar, wind and storage projects that would prevent future large-scale grid disturbance events, says a brief from the Energy Systems Integration Group (ESIG).
French oil major TotalEnergies and German-owned renewables developer RWE have announced plans for five large-scale batteries in the US state.
For renewable energy developers, finding a site in Texas can feel like searching for a needle in a haystack due to grid constraints, environmental concerns, and other factors. Help is now available, as Sultan Ennab, of Electric Power Engineers (EPE), explains, with reference to the Energy Reliability Council of Texas (ERCOT) grid.
Substantial cost and time savings are possible with flexible “connect and manage” interconnection of utility-scale solar and solar-plus-storage projects, two studies have found.
Company draws on oil and gas drilling tech to get renewable energy from dry rock formations.
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