| 1. California Lawmakers Wrestle with 33% Renewable Issue |
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from Power Market Today Aug 10, 2010
A week back from its summer recess and still seemingly nowhere near a budget compromise, California's legislature is struggling to pass a law codifying a 33% renewable portfolio standard (RPS) goal for 2020 before this year's regular session ends Aug. 31.( more )
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| 2. Hottest Summer in 30 Years Pushes Power Demand |
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from Power Market Today Jun 24, 2010
If your backyard feels like the barbecue -- and there's nothing on the grill -- don't be alarmed. It's only summertime. And this year looks to be one of the hottest in decades.( more )
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| 3. Forecast Eastern and Midwest Heat Ignites Tuesday Power Prices |
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from Power Market Today Jul 6, 2010
Tuesday power prices across the Ohio Valley and at eastern points skyrocketed Friday, as traders bought power to avoid getting caught short with the possibility of a heat wave brewing over the long holiday weekend. Tuesday prices in Texas also jumped as a stout forecast in load was expected. Term power eased.( more )
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| 4. California Real-Time Power Over $700; Deferred Term Off Sharply |
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from Power Market Today Aug 2, 2010
Monday power across the Ohio Valley rose Friday as high pressure and warmer temperatures were forecast for early in the week. Real-time power in California spiked to more than $700, and more deferred term power plunged.( more )
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| 5. Renewables Not 'Free,' Economics Vary Greatly, Panel Says |
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from Power Market Today Jun 3, 2010
While it is difficult to generalize and economic viability varies widely on a project-to-project basis, renewable energy still has a long way to go to be cost-competitive without some form of subsidy, according to a panel of three utility renewable advocates speaking Wednesday at the Bank of America Merrill Lynch Technology Conference in New York City.( more )
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| 6. WSI: La Nina Bringing Warmer-Than-Normal Summer
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from Power Market Today Jun 22, 2010
A new La Nina event -- the cooling of ocean surface temperatures off the western coast of South America -- and other conditions are likely to bring warmer-than-normal temperatures to much of the United States through September, according to the latest seasonal forecast from Andover, MA-based WSI Corp.
( more )
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| 7. Oregon Officials Suggest Earlier PGE Coal Plant Closing |
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from Power Market Today Jun 30, 2010
In response to utility plans to close a coal-fired generation plant in 2020, Oregon's Environmental Quality Department Monday suggested three alternatives for an earlier closing of the plant, the Portland General Electric (PGE) 550 MW Boardman facility in the north-central part of the state. PGE initially expressed disappointment in the state's alternatives.( more )
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| 8. CAISO Begins Study of Wind, Solar Grid Integration |
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from Power Market Today Jul 20, 2010
Given that the state is committed to getting a third of its electricity supplies from renewable energy sources in 2020, the California Independent System Operator (CAISO) underscored that the state's power industry has its work cut out to maintain reliability given the intermittent nature of wind and solar supplies.( more )
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| 9. 'Narrower' Energy Bill Could be Voted Out by Senate Before Recess |
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from Power Market Today Jul 23, 2010
Senate Democrats are scrapping their plans to move forward with a broad-based energy bill before the start of the August recess, an industry spokesman said. It would appear that a renewable electricity standard (RES) was left on the cutting room floor.( more )
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| 10. California Approves First Large Solar Project in 20 Years |
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from Power Market Today Aug 27, 2010
In a race among nearly a dozen large-scale solar projects, the 250 MW Beacon Solar Energy Project on Wednesday became the first major project of its kind approved for construction in California in 20 years.( more )
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