What’s the future for demand response under PJM’s new capacity and aggregation rules? PJJM Interconnection announced the results of its most recent Base Residual Auction last week, revealing a mixed bag for a wide range of stakeholders. The big winners were gas generators, which made up most of the new resource participation, and customers who … Continue reading What’s the future for demand response under PJM ‘s new capacity and aggregation rules?→
Capacity auction reveals Ohio’s backslide on energy efficiency The impact of a decision by Ohio lawmakers to weaken state energy efficiency requirements was clearly reflected in the results of a recent capacity auction, analysts say. The amount of energy efficiency from Ohio utilities that cleared the most recent capacity auction by grid operator PJM is … Continue reading Capacity auction reveals Ohio’s backslide on energy efficiency→
After failing to clear PJM auction, Exelon says Three Mile Island nuke will close in 2019 Thanks to stagnant power demand and cheap natural gas, capacity market prices in latest PJM auction cleared at about $76.50/MW-day for most of the grid, lower than analyst expectations and the $100/MW-day of last year’s auction. That wasn’t enough … Continue reading After failing to clear PJM auction, Exelon says #Three_Mile_Island nuke will close in 2019→
PJM Capacity Auction Procures Half A Gigawatt Of Wind During its annual capacity auction, regional transmission organization PJM Interconnection recently procured 165,109 MW of resources for the period of June 1, 2020, to May 31, 2021. This included 504.3 MW of wind resources and 119 MW of solar resources. In addition, the auction attracted 2,350 … Continue reading PJM Capacity Auction Procures Half A Gigawatt Of Wind→
Energy storage and renewables beyond wind, hydro, solar make up 4% of U.S. power capacity Beyond the main sources of electricity generation capacity in the United States that have recently been discussed in a series of Today in Energy articles, additional amounts of utility-scale capacity are provided by technologies such as hydroelectric pumped storage, batteries, … Continue reading Energy storage and renewables beyond wind, hydro, solar make up 4% of U.S. power capacity→
The great capacity market debate: Which model can best handle the energy transition? Recent upheavals in wholesale electricity markets are giving new life to a years-old debate about market structure as the nation shifts to a cleaner energy mix. “The big debate out there,” said Gordon van Welie, CEO of ISO-New England, “is can you … Continue reading The great capacity market debate: Which model can best handle the energy transition?→
MISO planning auction clears 135 GW of resources Results from MISO’s fifth planning auction are starkly different from last year, a reflection of growing resources and lower anticipated demand. The prices caused the grid operator to indicate its support for planning processes that address difficulties some baseload plants are having. “The 2017-18 auction results reflect … Continue reading MISO planning auction clears 135 GW of resources→
Three Charts Show Power Glut Holding Fast in Biggest U.S. Market – Developers set to add 33 gigawatts of supplies 2015-2019 – Competition from wind power may double under new rules A glut of supply in America’s biggest power market may be sticking around for a while. This May, newly-built or expanded natural gas-fired plants, … Continue reading Three Charts Show Power Glut Holding Fast in Biggest U.S. Market→
ISO-New England confident of energy capacity this winter Officials with New England’s regional electric grid operator say power supplies should be adequate this winter, but they are also hedging their bets. Holyoke, Massachusetts-based ISO-New England once again is offering incentives to operators of gas- and oil-fired power plants to procure sufficient fuel before winter begins. … Continue reading ISO-New England confident of energy capacity this #winter→
MISO outages raise questions over high October power prices Maintaining sufficient generation while avoiding congestion is a tricky endeavor, and Platts reports that in one of MISO’s regions, there is concern that power plants may not face sufficient penalties to keep the region’s grid operating efficiently. Over the summer the grid operator and the Organization … Continue reading MISO outages raise questions over high October power prices→
For more information call 1-855-GET-INNOTAP (1-855-438-4666) or contact us by form or
email us today!
