Over 60% of global electricity generated so far in 2023 was produced by fossil fuels, despite the ongoing aggressive roll-out of renewable energy sources in every major economy. …
News Tag: coal
Glencore coal deal shows power of fossil fuels – even on their way out
Glencore’s (GLEN.L) deal to buy Teck Resources’ (TECKb.TO) steelmaking coal unit shows how cheap fossil fuels can be a lucrative option for companies – for a decade or two at least – even as they are phased out in favour of renewable energy. …
PJM State of the Market – 2023
Reliability is a core goal of PJM. Maintaining and improving competitive markets should also be a core goal of PJM. The goal of competition in PJM is to provide customers reliable wholesale power at the lowest possible price,but no lower. The PJM markets have done that. The PJM markets work, even if not perfectly. The …
FERC Moves to Protect Grid for Transition to Clean Energy Resources
FERC directed new reliability standards to protect the grid as the nationmakes the transition to expanded use of clean energy technologies. …
Grid Authority Issues Alarming Wakeup Call on U.S. Electric Reliability Crisis
“NERC’s latest assessment shows that the nation’s grid reliability has never been under more stress. We’re in a crisis that is deepening by the month as an irresponsible and dangerous regulatory agenda collides with surging electricity demand and increasingly acute resource adequacy challenges. Even worse, the alarming erosion of the nation’s grid reliability is a …
2023 Long-Term Reliability Assessment
This 2023 Long-Term reliability assessment is the Electric Reliability Organization’s independent assessment and comprehensive report on the adequacy of planned BPS resources to reliably meet the electricity demand across North America over the next ten years; it also identifies reliability trends, emerging issues, and potential risks that could impact the long-term reliability, resilience, and security …
