PJM Delays Capacity Performance Plan Vote Pursuant to a conference call on June 25, PJM Interconnection’s Markets and Reliability Committee (MRC) opted to delay an endorsement vote on proposed revisions to Manual 18 related to the Capacity Performance Plan. Ray Dotter, manager-strategic communications at the Reading, Penn-based RTO, told Retail Energy Buyer, “There will be … Continue reading PJM Delays Capacity Performance Plan Vote
Appalachian Power expects shortfall from PJM capacity performance rule Appalachian Power expects to have a capacity shortfall because of PJM Interconnection’s capacity performance rule, the company said in an integrated resource plan it issued late last week. The American Electric Power utility has resources through 2019 to meet internal demand, but in 2020, when the … Continue reading Appalachian Power expects shortfall from PJM capacity performance rule
FERC Accepts ISO-NE Capacity Auction Results The Utility Workers Union of America Local 464 had challenged the results, charging that the Brayton Point Power Station illegally withheld capacity from the auction in order to drive up prices. (See Union: Void ISO-NE Capacity Auction Results.) The union tried unsuccessfully to make a similar complaint stick last … Continue reading FERC Accepts ISO-NE Capacity Auction Results
FERC Conditionally Approves PJM’s Capacity Market Reforms; Chairman Bay Dissents On June 9, 2015, FERC conditionally approved significant reforms to PJM Interconnection LLC’s (“PJM”) capacity market framework. In doing so, FERC stated that PJM had demonstrated that the reforms were needed in order to ensure the long-term reliability of the electric supply within the PJM … Continue reading FERC Conditionally Approves PJM’s Capacity Market Reforms; Chairman Bay Dissents
ISO-NE Prices Down Sharply in Q1; Generators Using Offer Flexibility ISO-NE’s power prices dropped by more than 40% in the first quarter of 2015 thanks to lower natural gas costs, the Internal Market Monitor reported last week. In a filing with the Federal Energy Regulatory Commission, the Monitor said a 43% decrease in the cost … Continue reading ISO-NE Prices Down Sharply in Q1; Generators Using Offer Flexibility
ERCOT: Valley needs to conserve energy through Friday The Electric Reliability Council of Texas (ERCOT), grid operator for most of Texas, is asking residents in the Rio Grande Valley to limit or reduce the use of electricity especially during the 3-7 p.m. peak demand hours, today through Friday. “Due to some unplanned generating unit outages, … Continue reading ERCOT: Valley needs to conserve energy through Friday
PJM gas capacity exceeds coal for first time Washington, 2 June (Argus) — Natural gas has edged out coal as the fuel with the most installed generating capacity in the PJM Interconnection for the first time. The installed capacity from gas generators in PJM totaled 54,600MW in May, about 7pc more than the 50,900MW of … Continue reading PJM gas capacity exceeds coal for first time
PSE&G, POWER-GRID OPERATOR SAY THEY’RE READY FOR A SIZZLING SUMMER With Susquehanna-Roseland transmission line fully operational, customers of state’s largest utility can crank up their AC without worry With the unofficial start of summer this weekend, the operator of the nation’s electric grid said it is ready to meet expected power demand during the year’s … Continue reading #PSE&G, POWER-GRID OPERATOR SAY THEY’RE READY FOR A SIZZLING SUMMER
Decision Made on Proposed Oxford Power Plant The Oxford Power Plant will be built. Competitive Power Ventures (“CPV”) announced today that it has received approval from the Connecticut Siting Council (“the Council”) to construct its proposed state-of-the-art, 785-megawatt (MW) nameplate capacity CPV Towantic Energy Center in Oxford. The Council’s decision was made at a meeting … Continue reading Decision Made on Proposed Oxford Power Plant
Are Texas Power Prices Poised to Rise? The Electric Reliability Council of Texas (ERCOT) forecasted higher reserve margins in its latest Capacity, Demand and Reserves (CDR) report, according to an article in Energy Choice Matters. If accurate, this is likely to spell continued low prices for Texas electricity customers. The previous forecast, completed in December … Continue reading Are Texas Power Prices Poised to Rise?
For more information call 1-855-GET-INNOTAP (1-855-438-4666) or contact us by form or email us today!
