power generation

Minneapolis-based Xcel Energy Inc. said its Colorado utility’s alternative energy plan should provide customers with an estimated 85% reduction in carbon dioxide (CO2) emissions by 2030 from 2005 levels, which is more reductions than required by state law. Under the plan, Xcel’s 1.4 million customers in Colorado would see renewable energy and battery storage options…

Coming off better-than-expected earnings in the Pacific Northwest and Alaska, Avista Corp. executives indicated Wednesday they are undeterred by current electrification trends, reaffirming that the utility arm remains all-in for natural gas. CEO Dennis Vermillion said he thinks the climate change mitigation push to minimize greenhouse gas emissions needs a “holistic approach” that would take…

Mexico’s lower congressional house in the wee hours of Wednesday morning approved a controversial bill that would upend the rules governing the electric power sector, giving generation assets owned by state-owned Comisión Federal de Electricidad (CFE) priority in the dispatch order over private sector generators. The chamber approved the bill to modify Mexico’s bedrock electricity…

Although numerous factors contributed to the polar vortex-induced energy crisis in Texas, the central role of natural gas — or lack thereof — was becoming increasingly clear Friday as temperatures began to rise and power was restored. The unprecedented cold snap drove Texas power demand to new winter peak records rivalling peak demand figures in…

Texas Gov. Greg Abbott blasted the Electric Reliability Council of Texas (ERCOT) on Thursday, saying the independent system operator “failed the people of Texas” during an extended cold snap this week. Some 325,000 customers remained without power as of an afternoon press briefing in which Abbott pledged to reform ERCOT to prevent a repeat of…

Rotating power outages continued to impact Texas end-users on Tuesday as the Electric Reliability Council of Texas (ERCOT) scrambled to restore service amid a blast of arctic cold that sent the electric grid and natural gas markets into chaos. About 10,500 MW of customer load, equal to the demand of about 2 million homes, was…

Unprecedented cold weather across the United States continued to disrupt energy markets on both sides of the border Tuesday as power outages hit Mexico for a second straight day. Mexico’s electric power operator Centro Nacional de Control de Energía (Cenace) said 2,200 MW of power was still offline in the northern states of Chihuahua, Coahuila,…

Mexico’s mid-term federal elections in June will be fundamental in determining the direction of the energy industry in the upcoming years, according to a top energy lawyer in Mexico City. Thompson & Knight LLP’s Claudio Rodríguez-Galán, who heads the Mexico City offices for the law firm, recently discussed the upcoming elections with NGI’s Mexico Gas…

While China has been embroiled in a trade dispute with the United States, its presence in the energy sector in Latin America has continued to grow, impacting the shape and direction of the region’s energy markets. According to the report, “China Stakes its Claim in Latin American Energy,” released by think tank Institute of the…