ERCOT

Starwood Energy Group Completes Acquisition of Quail Run Energy Center

One of Starwood Energy Group Global's (Starwood Energy) affiliates completed the purchase of the Quail Run Energy Center natural gas-fired combined cycle electric power generating facility in Odessa, Texas. Starwood Energy assumed ownership and began operating the power plant in January. The electric power generating facility began commercial operations in 2007 and has a nominal capacity of 550 MW. The facility provides electric power to the Electric Reliability Council of Texas (ERCOT).

PJM's Three-Way Proposal

A re-defined capacity product, revised parameters for generator performance, and a new role for demand response.

The proposal creates a new capacity product called the “Capacity Performance Resource.”

Playing Safe with Capacity Markets

PJM would minimize risk, but so did regulation.

Changes envisioned by PJM call for ever more structured markets, further reducing the scope of the competitive landscape from which RTOs arose. They may produce a system that is actually more costly and less innovative than regulation.

Planning vs. Partiality

A case study from PJM on competitive procurement of regional transmission under FERC Order 1000.

What happens to FERC Order 1000, and its vaunted quest for fairness and transparency, when regional grid planners ask for competitive bids to solve a pressing transmission need, but then modify some of the project proposals, unilaterally, in an honest effort to improve them?

Digest (June 2014)

Algonquin Power & Utilities enters partnership with Siemens Canada for 10 wind turbines expected to start operation early next year; Strata Solar installs nine utility-scale solar projects in North Carolina; Ontario Power Generation establishes agreement with Westinghouse to consider nuclear plant refurbishment, decommissioning and remediation; JinkoSolar successfully connects solar power plant in Jiangsu Province; El Paso Pipeline acquires 50 percent interest in Ruby Pipeline from Kinder Morgan

Waiting for the Next Polar Vortex

How recent events could prove a harbinger of winters to come.

The winter of 2013-14 offered up a perfect storm of natural gas price spikes and threats to electric reliability. Expect more of the same.

Future Shock

ERCOT load growth: patterns, possibilities, and second thoughts.

Data from ERCOT indicates that energy intensity is falling markedly, as measured in terms of kWh usage per number of nonfarm jobs. That suggests much less future load growth, yet EIA data based on nationwide scenarios do not seem to agree.

Big Wind in the Big Oil State

ERCOT readies for renewable market integration.

ERCOT readies to integrate a large future influx of wind generation and finds need for new, more flexible resources to provide ancillary services – preferably a zero-to-five-minute ramping resource which, unfortunately, does not correspond to any currently existing technology or market product.

National Energy Storage Association Leads Effort in ERCOT

The Energy Storage Association (ESA) began engaging directly in the Electric Reliability Council of Texas (ERCOT) stakeholder driven market redesign process. The Texas Energy Storage Alliance (TESA) had convened a group of industry members to work collaboratively; that effort has now been folded into the larger national organization. ESA is the forum for broad industry input that will ensure proposed rules will enable the advancement of utility scale energy storage technologies.

Calpine Completes Purchase of Guadalupe Power Plant in Texas for $625 Million

Calpine completed the acquisition of a natural gas-fired, combined-cycle power plant located in Guadalupe County, 30 miles northeast of San Antonio, Texas, in ERCOT's south zone. Calpine purchased the plant, which has a generating capacity of 1,050 MW, from MinnTex Power Holdings (a portfolio company owned by a private investment fund managed by Wayzata Investment Partners) for $625 million plus adjustments.