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Dec 3, 2024 | 
spglobal.com | Markham Watson
The Electric Reliability Council of Texas is unlikely to have reliability issues in the winter of 2024-25, as weatherization has improved and temperatures are expected to be above normal, executives said during an ERCOT Board of Directors meeting Dec. 3. Not registered? Receive daily email alerts, subscriber notes & personalize your experience.
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Nov 25, 2024 | 
spglobal.com | Markham Watson
Midcontinent Independent System Operator energy traders foresee substantial risk of higher power prices in December, judging by forward trading, likely due to forecasts for temperatures to be closer to normal, compared with an unusually mild December 2023. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. December on-peak power forwards traded from the high $30s/MWh to the high $40s/MWh on Nov.
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Oct 24, 2024 | 
spglobal.com | Markham Watson
CenterPoint Energy's work in response to Hurricane Beryl and how it justifies the withdrawal of a major rate case dominated discussion at the Public Utility Commission of Texas meeting Oct. 24, but no action was taken. Not registered? Receive daily email alerts, subscriber notes & personalize your experience.
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Oct 11, 2024 | 
spglobal.com | Markham Watson |Karen Rivera |Killian Staines
Make Decisions With Conviction For full access to real-time updates, breaking news, analysis, pricing and data visualization subscribe today. Electric Power | Natural Gas | Upstream Highlights Utility says repairs to take 'at least 7 days' Power, gas demand sink on week Almost 2.3 million Florida electricity customers remained without service around 3:30 pm ET Oct.
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Oct 10, 2024 | 
spglobal.com | Markham Watson |Karen Rivera |J Robinson
Make Decisions With Conviction For full access to real-time updates, breaking news, analysis, pricing and data visualization subscribe today. Electric Power Highlights FPL, Duke, Tampa lead outages Peakload to be down 36.1% on week Hurricane Milton made landfall as a Category 3 storm, packing 120-mph winds, around 8:30 pm ET Oct. 9 on the US Gulf Coast and exited into the Atlantic around 4 am ET Oct.
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Oct 9, 2024 | 
spglobal.com | Markham Watson |Binish Azhar |Abbie Bennett |Karen Rivera |J Robinson
More than 76,000 customers in Florida were without power at 5 pm ET Oct. 9, according to PowerOutage.US, as the outer bands of Hurricane Milton lashed the southern peninsula with high winds, heavy rains and storm surges, weakening energy demand and prices. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Florida peakload was forecast to be about 34.9 GW on Oct.
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Oct 8, 2024 | 
spglobal.com | Markham Watson |Karen Rivera |J Robinson
Floridians are evacuating the peninsula as Hurricane Milton is forecast to make landfall Oct. 9 on the Gulf Coast as a major storm, even as electric utilities in the Carolinas and Georgia restore service to more than 160,000 customers still offline after the Sept. 26 landfall of Hurricane Helene as a major hurricane on Florida's Big Bend Gulf Coast region. Not registered? Receive daily email alerts, subscriber notes & personalize your experience.
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Oct 7, 2024 | 
spglobal.com | Markham Watson |Karen Rivera |J Robinson
As electric utilities in the Carolinas and Georgia struggled Oct. 7 to restore service to the remaining customers offline totaling more than 263,000 in the wake of Hurricane Helene, Florida's utilities are preparing for Hurricane Milton, potentially the worst storm since 2017, scheduled to hit the peninsula mid-week. Not registered? Receive daily email alerts, subscriber notes & personalize your experience.
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Sep 13, 2024 | 
spglobal.com | Markham Watson
The Electric Reliability Council of Texas announced Sept. 13 its plan to launch real-time co-optimization of energy and ancillary services Dec. 5, 2025, about six months earlier than the originally planned mid-2026 time frame. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Real-time co-optimization involves dispatching energy and ancillary services in the real-time market in such a way that the least costly resource is used first.
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Sep 11, 2024 | 
spglobal.com | Markham Watson |J Robinson |Corey Paul |Karen Rivera |Amilcar Alejandro Flores
Hurricane Francine weakened Southeast Gulf Coast energy demand Sept. 11, but prices remained strong, and LNG production continued as area utilities prepared to restore electric service as soon as possible after the storm's expected landfall brings storm surges up to 10 feet, heavy rains and potential tornadoes. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. As of 2 pm CT Sept.
