MARKET INTELLIGENCE & INDUSTRY NEWS

According to EIA’s Electric Power Monthly, total U.S. net electricity generation fell slightly (down 1.5%) in 2017, reflecting lower electricity demand. Natural gas and coal generation fell by 7.7% and 2.5% from 2016, respectively, as generation from several renewable fuels, particularly hydro, wind, and solar, increased from 2016 levels. Although natural gas continued to be most-used fuel for electricity generation for the third consecutive year, natural gas-fired electricit

In January 2017, Entergy Nuclear and the state of New York reached an agreement to retire the two nuclear reactors at the Indian Point Energy Center, located in Buchanan, New York, about 25 miles north of New York City. Indian Point is one of four nuclear power plants in New York state and accounts for about 12% of total electricity generated from all sources statewide. Under the agreement, Entergy will retire one reactor in April 2020 and the other in April 2021. Entergy had

Global nuclear capacity reached 383 gigawatts (GW) in 2015, driven primarily by nuclear additions in Asia. Currently, 31 countries have nuclear power programs, totaling 441 operating reactors. An additional 60 reactors are under construction in 15 countries, adding 59 GW of electricity generating capacity over the next decade. Plans to add another 90 reactors (76 GW) have been formally transmitted to the International Atomic Energy Agency (IAEA) by 8 countries. Following the

The California Independent System Operator (CAISO), the entity responsible for maintaining the balance between supply and demand for electricity throughout most of the state, operates in a setting where demand peaks in the late afternoon or early evening on summer days. Because of differences in the hourly output of certain electricity generators, some of which are nearly constant (nuclear) and some of which can vary considerably during the day (solar, wind), output from ther