The Merit Order

posts + charts on electricity markets | occasional memes | from @BPBartholomew | sign up ⬇️

[The Merit Order @TheMeritOrder]

The Texas grid is bracing for its tightest evening so far this summer.

Demand and temperatures are far off recent highs, but spiking thermal plant outages and ailing wind generation are squeezing power supply.

📊: https://t.co/2eUewgsFOX

[The Merit Order @TheMeritOrder]

Another day of soaring temperatures, tight operating reserves, and astronomical power prices in ERCOT.

📊: https://t.co/KuBg5A03tH

[The Merit Order @TheMeritOrder]

More fireworks in ERCOT, with $3,000/MWh+ day ahead prices and potential emergency conditions later this evening

https://t.co/fybcOQ1CCm

[Brian Bartholomew @BPBartholomew]

with complementary memes

[Brian Bartholomew @BPBartholomew]

Today's newsletter:
https://t.co/TDlnzl0ujT

[The Merit Order @TheMeritOrder]

Tropical Storm Hilary x California power

Blog: https://t.co/UEzn6DTgVk

[The Merit Order @TheMeritOrder]

Every hot day in Texas, peak electricity demand exceeds conventional power supply.

https://t.co/ohHn6jaOVB

[The Merit Order @TheMeritOrder]

Nearly 40% of US electricity was carbon-free in 2022

➡️ https://t.co/8r3jClsTop

[The Merit Order @TheMeritOrder]

The US now generates more electricity from wind, solar, and hydro than from coal

➡️ https://t.co/xjkXodrSA8

[The Merit Order @TheMeritOrder]

New at The Merit Order:

Growing, Greening, Gassifying: US electricity generation in 8 charts

https://t.co/pRO3SimBe7

<-- US electricity demand broke records in 2022; power sector emissions fell to post-Covid lows

<-- Renewable generation from wind, solar, hydro overtook coal

[The Merit Order @TheMeritOrder]

New at The Merit Order:

Grid-scale US energy storage nearly doubled in 2022

https://t.co/ye22T1Tksc

<-- the US ended 2022 with nearly 9GW/25GWh of grid-scale li-ion batteries

<-- California, Texas remain protagonists of the US energy storage industry

[The Merit Order @TheMeritOrder]

More oil-burning power prices, $300/MWh+ day-ahead evening peaks across the Northeast for Boxing Day

https://t.co/wlDAVT2uQe

[The Merit Order @TheMeritOrder]

Severity of this weather event through the lens of wholesale electricity markets. Real-time prices raced towards price caps on December 23rd and 24th as extreme cold stressed grids across the eastern US.

https://t.co/TYNm2imq0x

[The Merit Order @TheMeritOrder]

Expensive natural gas, chilly temps keeping day-ahead prices lofty in the West and the Northeast
https://t.co/Hv9vAvYPgv

[The Merit Order @TheMeritOrder]

ERCOT power price spikes, EEAs across SPP, MISO, PJM
https://t.co/5JBk1hKc5I