Texas Breaks Records. Hard to fathom that ERCOT is forecasting peak demand of over 82GW several times in the next week. Not just for this individual moment with less than 10% capacity reserve margin but for what that means in the future. This week I wrote about the global temperatures causing family members across Europe to install air conditioners in their homes, when they never had to in the past. Along the electrification that consumers are going through with appliances and electric vehicles, the grid has the added strain of the real energy transition. As a society we will use more and more energy, that’s the natural course of progress. The energy transition is electrification, shifting more of the energy from molecules to electrons and the grid has to be resilient and therefore intelligent enough to let the lights stay on every time the consumer wants or more critical applications like hospitals require. (originally posted on my Linkedin)
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- Reuters: Texas power demand to hit record highs again as heat bakes state
- Axios: Why the high price of modernizing the U.S. power grid is worth it
- New York Times: When Climate Change Hits Home
- Bloomberg: AI Trading Is Playing a Growing Role in Europe’s Power Bills
- Energy Storage News: ASEAN regulators’ involvement with energy storage lags behind renewable energy support
- Utility Dive: EV batteries can be repurposed as grid storage to reduce battery supply chain impacts – report
- Canary Media: Biggest offshore wind farm in the US gets the go-ahead
- PV-Magazine: Insurer to cover up to $20 million in damage limits for solar projects
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Best, Yann