Fundamental market forces — the addition of highly efficient new gas-fired resources, low natural gas prices, and flat demand for electricity — are primarily responsible for altering the profitability of many older merchant generating assets in the parts of the country with wholesale competitive markets administered by Regional Transmission Organizations (RTOs). As a result, some of these resources (mostly coal- and natural gas-fired generating units, but also many oil-fired power plants and a handful of nuclear power plants) have retired from the system or announced that they will do so at a future date.
View this complete post...Posts Tagged ‘American Wind Energy Association’
Electricity Markets, Reliability and the Evolving U.S. Power System
Monday, July 3rd, 2017Wind Energy Helps Build a More Reliable and Balanced Electricity Portfolio
Wednesday, February 25th, 2015AMERICAN WIND ENERGY ASSOCIATION
Some of the most common questions about wind energy focus on how wind can be reliably integrated into the power system. A key source of confusion is that, contrary to most people’s intuitive experience that winds are variable and electricity demand and supply is stable, the opposite is actually true at the grid operator scale. The following report answers 15 of the most frequently asked questions with lessons learned from grid operators’ experiences reliably integrating large amounts of wind. Concise answers to these questions are provided here in the executive summary, while citations and explanations of the supporting data and analysis for those answers can be found by following the hyperlinks to the relevant sections of the full report below.
Wind Energy Saves Consumers Money
Monday, January 12th, 2015AMERICAN WIND ENERGY ASSOCIATION
Wind energy’s consumer benefits stem from wind energy’s fuel price stability. Wind is one of the few energy sources that offers perfect fuel price stability that can be locked in up front, as wind’s fuel cost will always be zero. For all other major conventional sources of electricity, fuel prices cannot be locked in for the long term and are often set by the spot market. The costs of these fuel price increases and risk are passed directly on to consumers through their electric bills. In contrast, wind energy is more like a fixed-rate mortgage, locking in the fuel price for the life of the power plant.
Infographic: How Wind Power Helps the Economy
Tuesday, August 12th, 2014Wind Energy and the Economy: Infographic from the American Wind Energy Association
View this complete post...Guest on The Infra Blog: Rob Gramlich, Senior Vice President, Public Policy, American Wind Energy Association
Tuesday, September 10th, 2013“If the wind stops blowing in one place it’s most likely blowing somewhere else around that region and therefore across the region, and these are regional electricity markets that we have in the country. Across the region wind itself is not variable…if you spread it out with transmission across such a wide region.”
View this complete post...AWEA YEAR END 2009 MARKET REPORT
Tuesday, January 26th, 2010The U.S. wind industry broke all previous records by installing close to 10,000 megawatts of new generating capacity in 2009 thanks to Recovery Act incentives. The total installed capacity in the U.S. is now over 35,000 MW. In 2009, 38 manufacturing facilities were brought online, announced or expanded…
View this complete post...Follow InfrastructureUSA
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