Archive for the ‘electric power’ Category

Location, location, location: How much a 10 GW power gen retirement matters

Tucked in the recently released PJM Market Monitor annual report are a couple of tables showing that there will more than 10 GW of generation retired this year in the PJM footprint.

The conventional wisdom goes that 1 MW of power provides electricity to roughly 1,000 homes. So, if 10 GW are retired, then supposedly an estimated 10 million homes in the PJM footprint are going to be without power.

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Crunch time for EU carbon market reform: time for compromise?

What happens when an irresistible force meets an immovable object? One answer to this paradox is “nothing” since irresistible forces and immovable objects can’t co-exist. At least not in the real world.

But what happens when the irresistible force is the political will of the European Union to reform its carbon market ahead of global climate talks later this year, and the immovable object is a group of EU member states who are resolutely opposed to higher carbon prices?

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The Niño comes strolling into the US Pacific Northwest power markets

Hydro generation is king in the Pacific Northwest, and to keep the turbines running, the region needs healthy stream flows.

Under normal circumstances, Mother Nature plays a critical role providing precipitation, particularly snowpack during winter. Then, come spring, ideally the region sees a nice, steady warm up in weather that gradually melts the snowpack, filling the rivers and reservoirs.

However, this winter is anything but normal as the Pacific Northwest has seen mostly warm weather.

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Why wind farms were not to blame for ‘spiral’ seal deaths

It was one of the mysteries of summer 2010: what was responsible for the strange deaths of grey seals off the picturesque north Norfolk coast of England, many with horrific “corkscrew” or “spiral” cut marks? New research suggests wind farms were not to blame, despite some suggestions at the time.

Dozens of seals had been found washed up on England’s east coast with the distinctive wound pattern. Reports said some 38 dead seals were found at Blakeney Point, 12 miles from the Sheringham Shoal wind farm then under construction.

A number of possible causes were proposed, but one of the top theories discussed at the time was whether the seals could have been caught up in the propellers of the increased boat traffic to and from local harbors as developers put up the turbines offshore.

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UK energy reform is not just about price cuts

The UK’s “big six” energy retailers have started to lower their gas prices, undercutting the opposition Labour party’s promise to freeze household energy bills if the party comes to power in the May 2015 general election. But the party’s plans go further than just its headline tariff freeze.

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Egypt’s Sisi outlines national energy policy at World Future Energy Summit

Egypt has set development and reform of its energy sector as a key priority as it seeks to rebuild its economy following the country’s second revolution in the past few years, the country’s president, Abdel-Fattah el-Sisi, said January 19 during his first official visit to the UAE in that role.

During his keynote address to the World Future Energy Summit in Abu Dhabi, Sisi also said he considered the security of the Persian Gulf region to be “part and parcel of Egyptian security.” The annual Abu Dhabi WFES gathering, while primarily a UAE forum for promoting and discussing regional and international renewable energy development, has also developed a significant political agenda.

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Controversy arises over making sure there’s enough US Northeast electricity capacity

Electricity capacity markets are between a hot and a cold place.

They are bracing for a repeat of last winter’s cold weather while preparing for more stringent emissions restrictions that are, in part, designed to address global warming.

Those strains are nowhere more evident than at the PJM Interconnection, which runs the largest wholesale electric power market in the US.

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Energy Economist: The integration of RES into the European energy system

Lots more distributed generation of electricity — solar, wind, etc. — and lots more variable power sources moving across utility grids means new issues for utilities. Ross McCracken discusses the problem for Europe in this month’s highlighted story from Platts Energy Economist.

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What price European natural gas independence?

If you are a state-run gas company in a Baltic state–once part of the Soviet Union, and tied to the former empire by gas pipelines–you might grab with both hands the chance to buy gas from someone who is not associated with the Kremlin.

Lithuania has asserted its independence from Russian gas by chartering a floating liquefied natural gas import terminal, the Independence, from Hoegh. The first LNG cargo came under a five-year contract in November. The seller was Norway’s Statoil, which operates Europe’s only liquefaction plant, Snohvit.

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Energy Economist: short cuts to energy fusion

In this month’s selection from Platts Energy Economist, Ross McCracken recaps some recent steps in the long, slow slog to capturing the power of the atom not by splitting it, but by their combination.

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