Power markets are changing quickly, and the economics behind them are becoming more complex. In the video below, I introduce a few of the key themes emerging from the 19th edition of Lazard’s Levelized Cost of Energy+ report, including the forces driving unprecedented electricity demand and the shifting value of different generation resources.   Watch below and download the full report to explore the underlying data: https://lnkd.in/e7iwx7th Always here to answer questions and would love to hear any reactions to this year's report.

This week's energy report covers four dynamics reshaping power markets ▶️ swipe through for the headlines, then dig into the full analysis via the link below. 👇 Download the full report here: https://lnkd.in/gP9CcEzG

The annual diagram of energy use in USAmerica is usually published in October of the next year 2024's has yet to be published Probably because DOGE fired about 40% of the staff of the Energy Information Agency (EIA) which provides the data Here's 2023's flowcharts.llnl.gov

“PJM’s had three emergency events this year. It’s struggling for capacity and in those emergency events, backup generation from data centers has been put back onto the grid as well,” explained Mark O'Brien, Senior Director, Power Markets at Resurety. This capacity scarcity adds upside pressure on future PPA pricing, as demand for new projects may outpace supply. Mark O'Brien alongside Resurety’s Irina Gumennik and S&P Global Energy’s Jameila O. and Marie-Louise du Bois shared key insights from our latest webinar on how grid congestion and regional dynamics are affecting PPA prices: ➡️ PJM: Solar-plus-storage is set to overtake coal as PJM’s third-largest power source as the region tackles capacity caps and retiring plants. ➡️ ERCOT: Developers are racing to build solar and storage before federal tax credit deadlines, prompting new reliability initiatives like DRRS. ➡️ MISO & SPP: Annual coal retirements (~2.3 GW/year) are creating high demand for rapid solar and gas replacement capacity. 👉  Interested in more insights? Read the full recap, watch the replay and grab a complimentary download of our Q1 State of the Market Report on our blog: https://lnkd.in/e3gCkJ6f

The U.S. Department of Energy has issued an emergency order to strengthen grid reliability across parts of the Midwest and Great Plains by authorizing additional power generation during a period of extreme heat and elevated electricity demand. The temporary measure is intended to reduce the risk of power disruptions while supporting reliable energy supply during peak summer conditions. To learn more about energy policy, grid resilience, and critical infrastructure, visit our website using the link in our bio.

Manufacturers are being asked to plan for growth in an environment where power is becoming harder to predict. At The Ohio Manufacturers' Association Energy Conference, Dan Degan will explore how onsite generation and microgrids can help companies strengthen resilience, manage risk, and reduce dependence on an increasingly constrained grid. Join us in Columbus on August 27: https://lnkd.in/gf-mZpeD

This is an actual post from the US Department of Energy. The Department of Energy has apparently not yet learned of the invention of the battery.

New paper out! Started this with Prof. Michel Noussan around a simple idea. Energy system models are missing something basic: accuracy, robustness, and clarity. So we mapped it. Every major challenge in bottom-up energy system modeling, sorted into those three buckets. Where the field struggles, and where it's actually making progress. The result is a structured review of where this research area stands today. Happy to have worked on this with Michel. Open access, thanks to the Province of Bolzano. My comment to the article: https://lnkd.in/dxaUN-XA #EnergySystemModeling #EnergyTransition #OpenAccess #EnergyPolicy #Decarbonization #ClimateResearch

Proud to see S&P Global Energy trusted (again) by the Energy Institute for their 75th edition of the Statistical Review of World Energy.