In today's newsletter, some quick hits on:

- Tropical Storm Hilary battering California solar production
- Diminishing electricity imports make CAISO more expensive, less reliable
- ERCOT on course for its hottest and most expensive summer month ever
- To be continued: the changing face of ERCOT volatility

https://themeritorder.substack.com/p/weekend-package-heat-spikes-ercot

Spicy ERCOT day-ahead power prices will top out over $2,000/MWh today amid tight forecast supply and potential record-setting electricity demand.

https://themeritorder.substack.com/p/ercot-power-prices-test-summer-highs?utm_campaign=post&utm_medium=mastodon

Texas electricity generation for the next few days.

Natural gas doing the heavy lifting, especially in peak periods, but additional generation from wind and solar continue making it possible to keep the lights on when demand is highest.

Texas faces another week of potentially record-setting electricity demand, with forecasts through Friday set to test all-time highs.

Wind and solar should continue to support reliability and keep a lid on prices, especially towards the back half of the week as renewable output is forecast to approach record levels.

Nearly 40% of US electricity generation was emissions-free in 2022

➡️ https://open.substack.com/pub/themeritorder/p/nearly-40-of-us-electricity-was-emissions?utm_source=direct&r=1jn&utm_campaign=post&utm_medium=web

The US Produced More Electricity from Renewables than from Coal in 2022

https://themeritorder.substack.com/p/the-us-produced-more-electricity

US coal power continued its terminal decline in 2022. In spite of elevated natural gas prices, coal-fired generation plunged back towards its lowest levels in half a century.

https://open.substack.com/pub/themeritorder/p/growing-greening-gassifying-evolving