The wholesale electric energy and capacity markets of the 13 states and the District of Columbia managed by PJM Interconnection produced competitive results during the first six months of 2014, according to the 2014 State of the Market Report for PJM by Monitoring Analytics, LLC, the Independent Market Monitor for PJM.
The HVTS market will see tremendous capital investment over the next 10 years (exceeding $250 billion from 2014 to 2023), as the infrastructure that was installed in the post-World War II era ages out, coal and nuclear generation is retired, and new utility scale renewable wind and solar generation is installed in remote areas.
The California Public Utilities Commission (CPUC) has released a snapshot that shows the state's investor-owned utilities (IOU) are aggressively pursuing renewable energy in order to meet the goals of one of the most ambitious Renewables Portfolio Standards (RPS) in the country. The RPS requires IOUs, electric service providers, and community choice aggregators regulated by the CPUC to procure 33 percent of retail sales per year from eligible renewable sources by 2020.
The Asia-Pacific region has seen particularly robust demand for microgrids in recent years due to economic development, electrification, and industrialization directly related to the growing need for more electricity and the resulting development of renewable distributed energy generation and, ultimately, microgrids, according to Navigant Research.
The energy efficiency actions of California homeowners who installed rooftop solar electric systems are the focus of a new report from the Center for Sustainable Energy (CSE) to provide insights into the connection between solar adoption and energy upgrades-- insights that could help in the design of future residential energy programs.
Researchers based the system on a recent development in solar cells that uses a technology called perovskite, which, in less than two years, has progressed from initial experiments to the point where its efficiency is nearly competitive with that of other types of solar cells.
The U.S. continues to lead the world in wind energy, ranking second in installed capacity, according to two reports released recently by the Department of Energy. The wind market in the United States remains strong due to increasing wind energy generation of decreasing wind technology prices, driving the U.S. closer to doubling wind power generation once again by 2020, the reports predict.
While plug-in electric vehicles (PEV) are now available throughout all of the United States, most Canadian provinces and territories, and every Western European country, they are not readily accessible in the Asia-Pacific region, but this will soon change, according to Navigant Research.
Many electric and gas utilities offer rebate programs to encourage the use of ERV. These utilities then reap the benefits of the resulting peak load reductions, operating cost savings, and, ultimately, compliance with mandates encouraging the use of energy-efficient equipment.
Rice University researchers now have proof that foam could maximize enhanced oil recovery (EOR). Tests where foam pumped into an experimental rig reflecting the flow paths deep underground produced better results removing oil from formations with low permeability than common techniques involving water, gas, surfactants or combinations of the three.