Tag: Geothermal

The Big Drumroll Ends with a Thud: DOE’s Study on the US Power Grid

The Department of Energy last week released its long-awaited grid-reliability study, after months of work at the agency to respond to Secretary Perry’s directive calling for the report. The tone and content of Perry’s April 14th memo suggested to many that the study would inevitably produce a set of findings that coal-fired power plants could take to the bank as proof that they need help from the federal government to stay in operation.

It’s Out: A Quick Review of the Just Released US Department of Energy Grid Reliability Study

In April, newly appointed U.S. Secretary of Energy Rick Perry called for a study of the U.S. electricity grid. He wanted the study to reveal why so many coal plants were retiring and whether or not energy policies (renewable folks, think the ITC, PTC, RPS) were distorting the market and making the grid unstable.

As most in the energy industry knew, the answer is incredibly nuanced. The 187-page report, released today, details the many reasons impacting the retirement of coal plants – the fact that they are old, in need of upgrades, costlier to run than natural gas plants, and not running at full capacity – are just some of them.