Expand / Collapse search
Watch TV
Menu

This material may not be published, broadcast, rewritten, or redistributed. ©2024 FOX News Network, LLC. All rights reserved. Quotes displayed in real-time or delayed by at least 15 minutes. Market data provided by Factset. Powered and implemented by FactSet Digital Solutions. Legal Statement. Mutual Fund and ETF data provided by Refinitiv Lipper.

Energy

Grid operators warn of electricity shortage amid switch to renewables: Report

The issue is on the rise throughout the country as many traditional and nuclear power plants are being retired

By Michael Lee Fox News
Published
close
Fox News Flash top headlines for May 8 Video

Fox News Flash top headlines for May 8

Fox News Flash top headlines are here. Check out what's clicking on Foxnews.com.

Electric-grid operators from across the country are warning of the potential for blackouts as companies attempt to transition to green energy sources.

"I am concerned about it," MISO Chief Executive John Bear told the Wall Street Journal in a report Sunday. "As we move forward, we need to know that when you put a solar panel or a wind turbine up, it’s not the same as a thermal resource."

Jennifer Granholm, Jennifer Granholm Energy Secretary, Energy Secretary, Granholm gas prices, rising gas prices,

Energy Secretary Jennifer Granholm. (AP Photo/Evan Vucci, File)

AS GAS PRICES SOAR, EVS OUT OF REACH

Extreme heat and wildfires over the summer could lead to a shortage of energy in California, the state's grid operator told WSJ. The Midwest could face similar issues with MISO warning of capacity shortages that could lead to outages.

The issue is on the rise throughout the country as many traditional and nuclear power plants are being retired to make way for renewable sources of energy, but the plants are going offline faster than renewable energy and battery storage can keep up.

PALM SPRINGS, CA - MARCH 27: A man rids his bike against the win as giant wind turbines are powered by strong winds at sunset on March 27, 2013 in Palm Springs, California. According to reports, California continues to lead the nation in green technology and has the lowest greenhouse gas emissions per capita, even with a growing economy and population. (Photo by Kevork Djansezian/Getty Images)

Wind turbines in Palm Springs, California. (2013 Getty Images)

Wind and solar farms are among the most popular forms of renewable power generation, but their lack of ability to generate power 24/7 means they have to store some of their energy in batteries for later use. But the development of better battery storage is underway, operators fear it isn't happening fast enough to replace the retiring plants.

The risk of outages is heightened this summer, with supply chain issues and inflation slowing the pace developers can get the components needed to build renewable energy farms.

CLICK HERE TO GET THE FOX NEWS APP 

May 13, 2015: Some of the more than 37,000 solar panels gather sunlight at the Space Coast Next Generation Solar Center, in Merritt Island, Fla. Industry experts rank Florida third in the nation in rooftop solar energy potential but 13th in the amount of solar energy generated.

 Space Coast Next Generation Solar Center, in Merritt Island, Fla. (AP)

"Every market around the world is trying to deal with the same issue," Brad Jones, the interim chief executive of the Electric Reliability Council of Texas, told WSJ. "We’re all trying to find ways to utilize as much of our renewable resources as possible…and at the same time make sure that we have enough dispatchable generation to manage reliability."

But others have argued for slowing the pace of taking traditional plants offline.

"We need to make sure that we have sufficient new resources in place and operational before we let some of these retirements go," Mark Rothleder, the chief operating officer of the California Independent System Operator, told WSJ. "Otherwise, we are putting ourselves potentially at risk of having insufficient capacity."