The Forecast for Renewable Resources Could Rise 300 Percent Based on Future Energy Demands

NBCNews.com – Energy, Spencer Kimball (CNBC)

NBC-News-Renewables-Farm-Palm-Springs-CA-Getty-Images
NBCNews.com-Renewables Farm, Palm Springs, CA (Mario Tama-Getty Images)

“Renewable energy demand will triple over the next seven years as data center growth accelerates to facilitate the proliferation of artificial intelligence, NextEra Energy CEO John Ketchum said Wednesday.

NextEra added 3,000 megawatts of renewable and storage projects to its order backlog in the second quarter. Of those, 860 megawatts — or 28% — come from agreements with Google to power the tech company’s data centers.”

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Texas Entergy Seeks More DOE Funding for Grid Reliability Improvements

EnergyCentral.com (Daily Energy Insider)

Energy-Central-TX-Entergy
EnergyCentral.com (DEI) – Texas Entergy

“Entergy Texas said it had updated its application for the U.S. Department of Energy’s (DOE’s) Grid Resilience and Innovation Partnerships program to secure funding for an infrastructure and electrical grid hardening project. Energy applied for $107.5 million in federal grants to improve the resiliency of Port Arthur, Texas’ power grid.

If approved, the funds would help the company improve the resiliency of the power grid in Port Arthur, which have historically been affected by extreme weather events.”

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New York Independent System Operator (NYISO) Unveils 20-Year Power Demands

DailyEnergyInsider.com – Dave Kovaleski

NYISO (shutterstock-1236384700)
NYISO (shutterstock-1236384700)

NYISO releases their 20-year study (2023-2042) showing the power demands are “expected to increase by 50 percent to 90 percent,” according to the assessment. NYISO estimates that over 100 GW of new power generation is required to meet future demands. “The increase will be driven by electrification of housing and transportation sectors, as well as energy-intensive economic development projects.”

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How Is the Major Heatwave Affecting the US Power Grid?

NERC-2024-Summer-Assessment

With the rising temperatures across most of the US and many cities experiencing over 100 degrees Fahrenheit, stresses the overall electric power grid. Power utilities are experiencing summer peaks in larger electric load demand by keeping up with consumers’ air conditioning units running around the clock.

The Tennessee Valley Authority (TVA), one of the nation’s largest utilities, provides electricity across a 7-state region (80,000 square miles) in the Southeast for over 10 million users. TVA has a total generation capacity of 32 gigawatts (GW) with the option to purchase and wheel additional GWs to customers from neighboring utilities. In the past, TVA has experienced winter peak load demands that created system disturbances that resulted in temporary and very short rolling blackouts in some cities/areas to maintain power grid reliability. Temporary load shedding outages were necessary for balancing the system generation capacity with the excessive peak load demand by ultimately protecting the integrity of its entire electric network. Continue Reading…

Moving forward, TVA has spent millions in power grid improvements and efficiency upgrades to support increases in future peak load demand. TVA’s integrated resource plan (IRP) will focus on continued grid improvements with plans to add up to 10 GWs of solar renewable power generation by 2035. Continue Reading…

The North American Electric Reliability Corporation (NERC) released its “2024 Summer Reliability Assessment, “ May 2024, detailing and “identifying areas of concern” for the nations North American power grid during extreme summer conditions. NERC named power regions/entities that may experience power generation capacity shortages during summer peak load demands. Continue Reading…