Karachi
March 8, 2021
International Women’s Day 2021 is an opportunity to recognise and celebrate the contribution and accomplishments of today’s growing female workforce and the key role that women play in our lives, said a press release issued by the K-Electric on Sunday.
“At K-Electric, it is yet another opportunity for the power utility to reinforce its mission of driving a narrative of gender empowerment by employing more women in technical roles, focusing on developing a gender balanced workplace and increasing female representation. This is in line with its commitment to support greater inclusion across hierarchies and functions,” said the power utility.
Texas Grid Operator to Be Investigated by Congressional Subcommittee
Texas costliest natural disaster will be the subject of a congressional investigation by a House Oversight subcommittee thanks to Rep. Ro Khanna, D-Calif., who is concerned about ERCOT s lack of preparation for extreme winter weather. March 7, 2021, 11am PST | Irvin Dawid Share
Winter storm 2021, as The Texas Tribune has dubbed it, which killed dozens around the state, is expected to be the costliest natural disaster in Texas history, even costlier than Hurricane Harvey, which inflicted $125 billion in damage, writes Bryan Mena, the D.C. reporting fellow for The Texas Tribune, on March 3. It is still too early to tally the total cost of the destruction.
The U.S. could double its capacity for new wind and solar power, save billions of dollars and cut millions of tons of carbon-dioxide emissions from its generation fleets if federal incentives can be aligned to deploy a suite of technologies to unlock the full capacity of transmission grids.
So says a new report from The Brattle Group, modeling the benefits of a set of grid-enhancing technologies across the wind-power-rich grids of Kansas and Oklahoma. According to its analysis, spending about $90 million to implement these technologies could yield a payback in less than a year, with annual power cost savings of about $175 million delivering ongoing benefits for years to come.
Scarcity pricing is an economists dream and a Grid Operators nightmare. Texas is now living through the nightmare of scarcity pricing.I've learned there is more art than science in the economists tool box. The science shines through economic theory, piercing the veil of a "rosy picture", to reveal the real risks when things go bad.
How can U.S. transmission grids and wholesale energy markets adapt to the gigawatts of energy storage coming online over the next decade?
In the near future, the scale of the batteries serving U.S. power grids is set to explode, increasing from about 1.5 gigawatts today to tens or hundreds of gigawatts by 2030. These batteries will play a vital role in shifting intermittent wind and solar power from when it’s produced to when it’s needed and serving broader grid services needs on an increasingly decarbonizing grid.
But as a resource that can both absorb and discharge energy at a moment’s notice, batteries are very different from both dispatchable generators and intermittent wind and solar farms. That requires new technical and economic systems for managing and valuing them and the grid operators that run wholesale electricity markets serving about two-thirds of the country are struggling to make those changes to keep up with the pace of growth.