Solar and wind are meeting — and exceeding — new power demand
Global electric demand grew last year. Probably not a surprise given the energy demands coming from AI (artificial intelligence) and data centers.
However, unless you are in the energy business or closely follow economic news, you might be surprised to learn what is supplying that growing electric power demand.
If you were listening to business news or momentum investing, startups in nuclear energy went up 200–300 percent. Fossil fuel generation declined across all geographies. In the US, utilities in high-demand regions (where data centers are being built) went up due to their monopoly on delivering power, while independent power generators went up twice as fast
As the chart above shows, power demand grew and was primarily met with wind and solar. This is not news in the energy industry.
Shows like Land Man (Netflix) promote the fossil fuel industry’s gripes against wind and solar, but the reality is they are the least-cost option for supplying electricity in almost all markets.
Realgy Energy Services is a registered Retail Energy Marketer serving commercial customers in the states of Illinois, and Indiana. We offer Service Plans that will provide electric and natural gas at wholesale pricing direct to customers without any utility markup. Our Service Plans work with the local utility to provide seamless service and annual energy savings. Service Plans include Guaranteed SavingsTM, ManagedPriceTM, ManagedGreenTM Index, Fixed and PriceAssuranceTM.
Realgy owns and operates 11 solar plants in Illinois and is looking to invest in additional locations. Soon to be 12 with the inclusion of Highland Park newest recreation center West Ridge Center – New Community Recreation Facility Coming in 2026 | Park District of Highland Park
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Chart: Solar and wind are meeting — and exceeding —… | Canary Media
How The Electric System Can be Gamed
Ever get the choice you think sounds reasonable? For example, here is the new car you wanted. Only to find out it’s not new; it’s a lease, and you owe $1,500 / month in insurance.
So it is with the energy system.
Background. Utilities are monopolies in that only they can deliver power within their franchise territory.
ISO (independent system operators) act as the wholesale market. In their territory, they control which power plants are interconnected and pay for their power.
FERC (Federal Energy Regulatory Commission) they are responsible for having a national view (think for the Country). Ensuring the power markets work without unfair competition by ISO, utility, or state regulators.
The choice. Fast-track any “shovel ready” utility fossil fuel power project and grant interconnect approval within 90 days.
MISO’s proposal to alleviate real congestion, and seasonal demands (cold and heat) would authorize only utilities to receive approval for new power projects.
The decision. No from FERC.
MISO (an ISO), which oversees the electric grid across a large portion of the Midwest, is not alone in facing a clogged interconnection process that’s preventing it from swiftly adding new generation to replace coal and keep up with demand. FERC rejected the organization’s plan to address it by fast-tracking new gas plants, marking a win for clean energy advocates.
Some Reality.
The reality is that MISO has 100s of gigawatts of power projects in the queue awaiting approval. The difference is these are NOT utility-owned and are primarily fueled by solar, wind, and battery installations.
FERC saw this effort to address a real problem as an end-run around “reasonably balanced” options. The existing queue of power projects earned their spot by being economically better than alternatives, situated in needed areas, and financially capable of being built and operated without consumer impact.
Sometimes the solution is taking advantage of the problem.
Realgy Energy Services is a registered Retail Energy Marketer serving commercial customers in the states of Illinois, and Indiana. We offer Service Plans that will provide electric and natural gas at wholesale pricing direct to customers without any utility markup. Our Service Plans work with the local utility to provide seamless service and annual energy savings. Service Plans include Guaranteed SavingsTM, ManagedPriceTM, ManagedGreenTM Index, Fixed, and PriceAssuranceTM.
Realgy owns and operates 11 solar plants in Illinois and is looking to invest in additional locations.
DOE EIA Weekly Gas Storage Report
Working gas in storage was 1,773 Bcf as of Friday, March 28, 2025, according to EIA estimates.
This represents a net increase of 29 Bcf from the previous week. Stocks were 491 Bcf less than last year at this time and 80 Bcf below the five-year average of 1,853 Bcf. At 1,773 Bcf, total working gas is within the five-year historical range.
DOE EIA Weekly Gas Storage Report
Working gas in storage was 1,744 Bcf as of Friday, March 21, 2025, according to EIA estimates.
This represents a net increase of 37 Bcf from the previous week. Stocks were 557 Bcf less than last year at this time and 122 Bcf below the five-year average of 1,866 Bcf. At 1,744 Bcf, total working gas is within the five-year historical range.