The electric industry is undergoing rapid transformation as new technologies — or newer applications of existing technologies — emerge to help reduce emissions, improve reliability, and enhance customers’ experience. In...
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Electric Vehicles
Falling battery prices could result in the global electric vehicle market reaching cost parity, without subsidies, with internal combustion engine vehicles around the middle of the decade, according to Goldman Sachs Research.
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Generation
A settlement agreement was filed on Dec. 14 in federal district court in Oregon that sets commitments made by the U.S. Government and implemented through a Memorandum of Understanding, “Columbia River Basin Restoration Initiative,” between the United States, the States of Oregon and Washington, the Nez Perce, Umatilla, Warm Springs, and Yakama Tribes and environmental non-profit organizations.
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Reliability
Sharp increases in peak demand forecasts and the potential for higher generator retirements are raising concerns for electric reliability over the next 10 years, according to the latest Long-Term Reliability Assessment from the North American Electric Reliability Corporation.
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Energy Storage
The California Energy Commission on Dec. 13 approved a $30 million grant to Form Energy to build a long-duration energy storage project that will continuously discharge to the grid for 100 hours. The 5 megawatt/500 megawatt-hour iron-air battery storage project is the largest long-duration energy
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Transmission
The California Independent System Operator’s Board of Governors has approved an addendum to its 2022-2023 transmission plan to conditionally advance development of a 285-mile link in a transmission pathway that would deliver Idaho wind energy to California and the Southwest and enable investor-owned Idaho Power to import additional energy into its system.