REE, the Spanish power grid operator, defends its planning in advance of a blackout
REE, the Spanish grid operator, defended its plans for a widespread blackout that occurred last year on Tuesday and called the testimony of energy executives before a Senate committee hearing "mere speculations". On April 28, last year, Europe's biggest blackout in over two decades paralyzed cities and left people stuck on trains throughout Portugal and Spain.
Spain's gas consumption is expected to fall this year, as the blackout-related boost fades
Spain's gas consumption?will fall by around 7 percent?this coming year?as a result of a softer response to the major blackout that occurred on April 28. The power grid operator has increased the use of stable sources such as gas plants for electricity generation, which cost more but can better control voltage.
Iberdrola denies grid operator's claim its solar plant caused blackout
Iberdrola's CEO in Spain,?on Thursday, rejected the 'claim' by the head of Spain's power grid operator that mismanagement at a'solar plant' owned by Iberdrola could have led to the massive blackout of April 28, last year. Mario Ruiz Tagle's testimony in front of an investigating committee before the Spanish Senate was the first public acknowledgment by Iberdrola…
BP will sell its US onshore wind business for an undisclosed amount to LS Power
BP announced on Friday that it had agreed to divest its U.S. Onshore Wind business to U.S. based power grid operator LS Power as part of its ongoing strategy to divest. The energy giant did not disclose the deal's value. Investors have criticized BP for its poor performance in recent months.
Terna, Italy's grid operator, will invest 23 billion Euros over 10 years
Terna, the state-owned power grid operator in Italy, announced on Friday that it will invest over 25 billion euros (23 billion euros) in network upgrades within the next 10 year to support the energy transition of the country. The group announced that it would increase by 10% its funds for the development of the country's power network between 2025-2034.
US PJM electricity demand hits preliminary winter records during winter freeze
PJM Interconnection, a power grid operator in the United States, said on Wednesday that it had set a preliminary winter record with a peak load exceeding 145,000 megawatts. It also exported 8,000 MW due to extreme cold across the country. This record is higher than the previous one of 143.700 MW, set in February 2015. Data verification will be conducted by PJM.
Pennsylvania Governor complains about PJM power market rules to regulator
Pennsylvania Governor Josh Shapiro has filed a complaint against PJM Interconnection with a federal energy regulatory agency on Monday. He argues that the U.S.'s largest power grid operator, PJM Interconnection, must change their market rules to avoid escalating electricity prices. PJM Interconnection…
Norway's power grid operator reduces its demand forecast and deficit projection
Statnett, the Norwegian transmission system operator, said that the growth of Norway's electric demand in the next few years will be slower than originally projected because the electrification rate is lower than expected. The TSO stated that the Nordic countries will no longer face a deficit in power as a whole during this decade.
Greek Subsea Cable links Crete to the Peloponnese
Greece has linked the island of Crete to the power grid of the Peloponnese peninsula via an undersea cable, a major step in the country's drive to cut its reliance on imported fossil fuel and boost renewables, the country's power grid operator IPTO said.The southern island of Crete, a popular summer holiday destination for foreigners…
NKT Bags East West Interconnector Contract
The Irish power grid operator EirGrid has awarded NKT a service contract for the interconnector connecting Ireland and Great Britain.The cable and cable accessories supplier to the energy sector has been awarded a five-year service agreement by the Irish power grid operator EirGrid for cable…
French, Irish Back Celtic Undersea Power Cable
French energy regulator CRE and its Irish counterpart CRU said on Monday they are backing a bid by the Celtic Interconnector undersea power cable project to get at least 60 percent of its 930 million euros investment from European Union grants.The 700 megawatts high-voltage power cable project…
Germany's Long Goodbye to Coal Despite Merkel's Green Push
Coal needed for power supply security for decades. Burning coal for power looks set to remain the backbone of Germany's energy supply for decades yet, an apparent contrast to Chancellor Angela Merkel's ambitions for Europe's biggest economy to be a role model in tackling climate change. Merkel is avoiding the sensitive subject of phasing out coal…
Norway Begins Laying Power Link to Germany
Norway's power grid operator Statnett said on Tuesday it has started laying a subsea power interconnector to Germany, with commercial operations expected to start in 2020 as previously planned. The first part of the cable, between Norway and the Danish sector of the North Sea, will be installed this summer, it added.
California Power Grid Tested as Heat Soars
California's power grid operator extended its call for consumers to conserve electricity into Thursday as a heat wave continued to bake the state, especially the inland cities. Electricity supplies statewide were expected to be tight as consumers cranked up their air conditioners, the California Independent System Operator (ISO) said in a statement.
Three Parties Interested in Greece's Power Grid Operator Stake
Greece has been approached by three parties interested in buying a minority stake in state-run power grid operator ADMIE, Energy Minister Panos Skourletis said in a newspaper interview released on Saturday. "The characteristics of the potential investors for the sale of a percentage of ADMIE are known ...
Statmett's Monopoly on Power Links Backed
Norway's power grid operator Statnett should retain a monopoly on building and operating international power links, the country's competition regulator said on Wednesday, in an unusual move. Statnett was granted exclusive rights by the former centre-left government in 2013, putting on hold a…
Poland May Face Power Supply Problems if Cold Snap Continues
Poland could face problems with power supplies in the coming days if the freezing weather conditions continue while river water levels are low, Polish power grid operator PSE said on Tuesday. "Due to the continued severe freeze in Poland there has been a significant increase in domestic electricity consumption.
Texas Power Demand Breaks Record Again in Heat Wave
The Texas power grid operator said electric demand hit another record high on Monday as consumers cranked up their air conditioners to escape a brutal heat wave. Demand reached a record 69,783 megawatts on Monday, topping the previous records of 68,912 MW set on Aug. 6 and 68,459 MW on Aug. 5, the Electric Reliability Council of Texas (ERCOT) said in a statement.
TX Power Demand Soars, Prices Spike
The Texas power grid operator said electric demand hit an all-time peak for a second day in a row on Thursday as consumers cranked up their air conditioners to escape a brutal heat wave, and power prices rose to an 18-month high. Next-day power prices at the Ercot North hub <SE-ERCONP-IDX> on…
Texas Power Demand at Record High
The Texas power grid operator said demand for electricity hit an all-time record as consumers cranked up air conditioners to escape a brutal heat wave on Wednesday, breaking the previous record set four years ago. Demand reached 68,459 megawatts, topping the previous record of 68,305 MW, set on Aug. 3, 2011 during an extended period of record high temperatures.