MISO market monitor: Capacity market reforms needed to reflect cost of reliable generation Some changes are needed to MISO’s markets, according to the system’s independent monitor, as capacity auctions are not accurately reflecting the cost of providing reliable power. Among his recommendations, Patton said the grid operator should expand the use of ELMP. In New … Continue reading MISO market monitor: Capacity market reforms needed to reflect cost of reliable generation→
PJM’s Capacity Auction Paints Bleak Picture for Power Generators PJM Interconnection’s capacity auction Grid operator PJM Interconnection’s recent capacity auction for June 2019–May 2020 reflects poor sector fundamentals driven by supply and demand issues. Last month’s auction cleared 167,306 megawatts of capacity, which came in at more competitive prices than last year. These prices fell … Continue reading PJM ’s Capacity Auction Paints Bleak Picture for Power Generators→
Several power units deactivated lately in the PJM Interconnection region Prominent among the recent deactivations in the PJM Interconnection region is the 76 MW Riverside Unit 4 in Maryland of Exelon. PJM’s list of deactivated facilities, updated to June 2, shows these recent deactivations: •BL England Diesels (IC1, IC2, IC3, IC4), 8 MW, Atlantic Electric … Continue reading Several power units deactivated lately in the PJM Interconnection region→
FirstEnergy mum on fate of two old Ohio power plants in regional auction CLEVELAND, Ohio — FirstEnergy would not discuss the fate of its power plants Tuesday night in the annual 13-state auction that grid manager PJM held to identify the most economic power plants that will still be operating in 2019. A flock of … Continue reading #FirstEnergy mum on fate of two old Ohio power plants in regional auction #FE→
Most PJM capacity prices likely lower this auction: observers The PJM Interconnection’s capacity market auction, of which 80% must be capacity-performance resources, for the 2019-2020 year started Wednesday and continues through Tuesday, and industry observers say growing supply and lightening loads indicate lower prices ahead for most areas. The auction is to acquire 157,092 MW … Continue reading Most PJM capacity prices likely lower this auction: observers→
PJM Ready To Meet Summer Demand ALLEY FORGE, Pa., May 3, 2016 /PRNewswire/ — PJM Interconnection, operator of the nation’s largest electric grid, is ready to meet the expected power demand of 61 million consumers this summer. Electricity demand is forecasted to reach 152,131 megawatts at its peak. PJM has 183,912 MW of installed generating … Continue reading PJM Ready To Meet Summer Demand→
ERCOT gas-fired capacity sells for half the cost of new build Luminant on Monday closed on the $1.3 billion acquisition of 2,988 MW of natural gas-fired capacity in the Electric Reliability Council of Texas footprint, a move that diversifies the company’s generation portfolio. In the deal, Luminant, a subsidiary of Energy Future Holdings, took ownership … Continue reading ERCOT gas-fired capacity sells for half the cost of new build→
Natural gas replacing Vermont Yankee’s energy When Vermont Yankee closed at the end of 2014, it was largely with the understanding that renewable energy sources were going to take its place. According to data supplied by regional grid operator ISO New England, such has not been the case. Over the past two years, about 5 … Continue reading Natural gas replacing #Vermont_Yankee ’s energy→
Enough Electricity In Texas For Spring As Renewable Energy Surges ERCOT, the organization responsible for maintaining the Texas electricity grid, is predicting more than adequate capacity in the spring amidst an expected surge in renewable power for the state in 2016. In its Seasonal Assessment of Resource Adequacy, ERCOT is predicting a spring usage peak … Continue reading Enough #Electricity In #Texas For Spring As Renewable Energy Surges→
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