Global Credit Research – 11 Aug 2015 New York, August 11, 2015 — PJM Interconnection LLC’s (Aa3 stable) capacity auction that began on August 10 is expected to be credit positive for the merchant power industry but will see new power plants competing against the old, Moody’s Investors Service says in “PJM Capacity Auction Pits … Continue reading Moody’s: New PJM auction mechanics pit new gas plants against old coal, nuclear units→
Carolyn Davis August 11, 2015 The PJM Interconnection’s annual capacity auction underway this week could result in natural gas-fired capacity exceeding 6 GW to make up for declining coal and nuclear supplies. The largest U.S. power market’s grid operator supplies 61 million people in all or parts of Delaware, Illinois, Indiana, Kentucky, Maryland, Michigan, New … Continue reading PJM Auction Likely to Boost Region’s NatGas-Fired Capacity→
Posted on August 11, 2015 | By Jordan Blum The general counsel of the Electric Reliability Council of Texas will take the reins over most of the state’s power grid next year. The ERCOT Board of Directors selected Bill Magness on Tuesday as its next president and CEO. Read the full article at Fuel Fix.
Houston (Platts)–7 Aug 2015 313 pm EDT/1913 GMT The Electric Reliability Council of Texas continues to forecast strong demand for the next several days as day-ahead power prices continue to climb to values not seen in years. Read the full article at Platts.
By John Hall | Bio | Published: August 4, 2015 For the past 25 years, I have had the opportunity to work on clean energy and clean air issues for Texas. Throughout this time, I have come to believe the Electric Reliability Council of Texas (ERCOT), which manages about 90 percent of Texas’ grid, is … Continue reading Clean Power Plan Should be Met with Texas-Sized Innovation→
By Paul Ausick August 4, 2015 1:25 pm EDT When the U.S. Environmental Protection Agency (EPA) published its Clean Power Plan on Monday, the agency focused on a 32% cut from 2005 levels of U.S. carbon emissions by 2030. Power generation plants produce 31% of all U.S. carbon dioxide emissions, so a reduction of 32% … Continue reading Coal Stocks Pummeled by EPA Clean Air Rules→
Aug 3, 2015, 10:29am EDT The new leader of FirstEnergy Corp. (NYSE:FE) would re-regulate Ohio’s electric industry “in a heartbeat” if he could. American Electric Power Company Inc.’s chief executive won’t go that far. Read the full article at Columbus Business First.
Posted: Friday, July 31, 2015 10:00 pm BY KRISTEN MOSBRUCKER STAFF WRITER Electricity demand across Texas set new records for July usage this week, prompting the state’s electrical grid operator to ask residents in the Rio Grande Valley to conserve power during the afternoon. The Electricity Reliability Council of Texas ended its request for energy … Continue reading ERCOT ends emergency electricity conservation request→
By Philip R. O’Connor Aug. 1, 2015 Wisconsin boasts many superlatives — the best cheese, beer and brats, most black bears in the lower 48, most intensely loyal football fans, nicest vacation spots and some of the most memorable politicians to ever serve in the U.S. Senate, whether La Follette, McCarthy or Proxmire. But there … Continue reading Wisconsin is on a prolonged electricity losing streak→
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