Near record low temperatures today in New York and Boston are driving up spot gas and power prices, as utilities struggle to obtain power generation fuel amid pipeline constraints caused by surging demand. Some East Coast generators have taken to burning oil in cases where they cannot source natural gas fast enough or in adequate… Keep reading →
The internet of things (IoT) is changing the way we interact with nearly all facets of our world, including the electric grid. These days, you can already control your smart thermostat with your smart phone; it’s easy to imagine that smart solar panels and microgrids are not far behind. The term “smart grid” was coined… Keep reading →
EIA’s latest Annual Energy Outlook (AEO) projects a 56 percent increase in natural gas production by 2040, overtaking coal as the largest share of U.S. electric power generation. On December 16, 2013, the Energy Information Administration (EIA) released the AEO 2014 Early Release Overview presenting updated projections for U.S. energy markets through 2040. The AEO… Keep reading →
Standard and Poor’s downgraded its outlook on US-based independent Anadarko due to the likelihood of a court settlement that could exceed $9 billion. The case dates back to subsidiary Kerr-McGee’s 2002 corporate restructuring and the company’s 2005 spin-off of its titanium dioxide business. “Our negative outlook reflects our view that a Tronox settlement in excess… Keep reading →
In October of this year, Jordan announced it had chosen Russia to build its first two nuclear-power reactors. Historically, Jordan has lacked access to energy resources. It depends on imports for more than 96 percent of power consumption. This means that a whopping 20 to 25 percent of Jordan’s national expenditures go to importing energy.… Keep reading →
The 2013 Chinese Year of the Snake (i.e., smart people who use others to achieve their goals) saw disappointing results from an industry smart grid strategy of convincing customers to change their behavior to mitigate inadequacies of the existing grid. Clearly, the demand response approach, while having some benefit, will not by itself ensure an… Keep reading →
President Obama today signed a Memorandum directing the Federal Government to consume 20 percent of its electricity from renewable sources by 2020 – more than double the current level. This comes as the latest move in the president’s Climate Action Plan announced in June 2013. “As part of the President’s commitment to expanding renewable energy production… Keep reading →
In the United States, coal is facing hard times. The welcome, though unexpected expansion of unconventional natural gas resources and production in North America has made natural gas the economically attractive fuel choice for new electricity generating power plants and, in many cases, has replaced older existing coal fired plants. From 2003 to 2013 coal’s… Keep reading →
Modernizing the US power grid while incorporating increasing volumes of intermittent renewable energy is the electrical engineering challenge of our time. And there’s a lot at stake from costly blackouts to highly profitable energy storage solutions. Fragmented and often outdated regulations enforced by competing government agencies from local to national levels compound the problem. These… Keep reading →
A Brave New World Powered by Distributed Energy
By David CraneIn just a few years, Americans will soon produce the majority of the power they consume at their home or office, primarily through distributed solar arrays on their roof or over their driveways or parking lots. If they come up short, they can tap the battery in their electric car or an energy converting appliance… Keep reading →