TVA Sees a New Record Winter Peak Load Demand in Early 2024!

TVA-Winter-Jan-2024
By Tennesseestar.com

By PowerMag.com – On Wednesday, January 17, 2024, the Tennessee Valley Authority (TVA), one of the nation’s largest power generation and transmission utilities in the southeast, reached an all-time record-breaking winter “peak power demand of 34,526 MW,” while the average temperature across the Tennessee valley region (7 state territory) was at “4 degrees F.”

TVA’s previous peak power demand record was set in August 2007 reaching a summer peak power “demand of 33,482 MW.” TVA also set another previous “winter peak power demand record at the end of 2023 (December 23, 2022) during the Winter Storm Elliott with a demand of 33,400 MW,” which spiraled into power generation shortages resulting in a series of rolling blackouts across the region.

With the higher peak power demand forecasted in early 2024, “TVA urged its 10 million customers to be aware of their power consumption” and to cut back on energy usage during the early morning hours. At this time, all of TVA’s generating units were operating adequately while maintaining a stable electric power grid. “TVA had invested $123 million over the past few months” in better preparation for this winter compared to the winter just a year ago.

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TVA Will Improve Its Power Grid By $15 Billion Over Next 3-Years

TVA-Power-Grid

TVA’s load growth demand forecasted is expecting over a 30% increase in power demand within the next decade. Like other utilities trending away from fossil fuel power generation due to stringent carbon emission regulations, TVA is retiring their coal-powered plants and replacing with cleaner energy generation and renewable resources.

The trend of moving away from older fossil fuel technology to cleaner generation systems is very costly. TVA recognizes this and has approved moving forward with capital expenditures of $15 billion that it will invest over the next 3 years by performing system reliability upgrades and transition into cleaner energy supply.

(Continue Reading at TVA.com…)

Pennsylvania Is Moving from Coal Power to Renewables

New-Solar-Power

As coal power and other fossil fuels continue to decline as the nation’s leading power generation source, more power utilities are increasing renewable energy sources such as solar power.

Pennsylvania is replacing their planned fossil fuel generation retirements with clean solar power. The state is helping promote more jobs and job transitions for the green switch from traditional carbon emission type power generation into renewable energy resources.

(Continue Reading at Powermag.com…)

China Reveals World’s Biggest Offshore Wind Turbine

China-Wind-Turbine

By PowerMag:

“Two Chinese companies announced production of the largest offshore wind turbine built to date, a 16-MW unit developed by China Three Gorges (CTG) and Goldwind.

The groups on Nov. 24 showed off the turbine at a factory in Fujian province. The turbine has a 252-meter rotor diameter, with a 50,000-meter sweep area. The hub height is 146 meters.

Lei Mingshan, chairman of CTG, in a statement said, ‘the successful rollout of the 16-MW unit marks that my country’s wind power equipment industry has achieved a historic leap from ‘following’ to ‘running alongside’ and then to ‘leading’, creating the latest benchmark for the development of global offshore wind power equipment.’ ”

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FERC Tightens Regulations for Inverter Based Resources

FERC-Regulatory

By Renewable Energy World:

The Federal Energy Regulatory Commission (FERC) issued “new mandatory standards for inverter-based resources (IBRs) in an effort to enhance the reliability of the bulk electric system. IBRs are solar photovoltaic, wind, fuel cell and battery storage resources that use power electronic devices to change direct current power to alternating current power, to be transmitted on the bulk-power system.

In its November 17 action orders, FERC focused on three IBR-relateded actions:

  • An order directing the North American Electric Reliability Corp. (NERC) to develop a plan to register the entities that own and operate IBRs;
  • A Notice of Proposed Rulemaking to direct NERC to develop reliability standards for IBRs that cover data sharing, model validation, planning and operational studies, and performance requirements; and
  • An order approving reliability standards that are related to IBRs, which NERC proposed earlier in 2022.”

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DOE Will Implement $350 Million in Long-Duration Energy Storage Projects

DOE-Energy-Storage

By T&D World:

The US Department of Energy (DOE) will deploy long-duration energy storage (LDES) projects for maintaining power delivery for “10 to 24 hours or longer to support a low-cost, reliable, carbon-free electric grid. Funded in part by President Biden’s Bipartisan Infrastructure Law, this funding opportunity will advance new renewable energy technologies, enhance the capabilities of customers and communities to integrate grid storage more effectively, increase grid resilience, and expand America’s global leadership in energy storage.

The Biden-Harris Administration, through the U.S. Department of Energy (DOE) has announced $350 million for these emerging” type projects.

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