Michigan, MISO push advance planning to fix looming state generation shortfall Michigan has struggled with its partially-deregulated utility market for years—its 10% cap on choice customers has made it difficult for DTE and Consumers to assess their capacity needs when potential price spikes could cause customers to return to the utility. In June of this … Continue reading #Michigan, MISO push advance planning to fix looming state generation shortfall→
IEEFA: 40% of Texas coal generation at risk for retirement Coal is generating less power and receiving less revenue for what it does produce, putting about a third of the state’s plants at risk of closure according to a new report. According to the report, more than a half dozen plants are at risk, including … Continue reading IEEFA: 40% of Texas coal generation at risk for retirement→
AEP sells four power plants to joint Blackstone and ArcLight venture American Electric Power (AEP) sold four power plants to joint venture partners Blackstone and ArcLight Capital Partners, LLC, on Wednesday, in a $2.17 billion agreement for the operation and ownership of the 5,200-megawatt (MW) facilities. The agreement included two natural gas power plants in … Continue reading #AEP sells four power plants to joint #Blackstone and #ArcLight venture→
An Alarming Trend Affecting U.S. Baseload Power States, regulators, and market participants have in recent years called attention to a trend concerning uneconomic baseload generation in organized wholesale markets, specifically in ISO New England, New York Independent System Operator (NYISO), MISO, PJM, the Electric Reliability Council of Texas (ERCOT), and the California Independent System Operator … Continue reading An Alarming Trend Affecting U.S. Baseload Power→
BELD makes another pitch for new power plant in Braintree A possible new power plant for Braintree would not begin construction until 2019 and start commercial operation until June 2020, according to William Bottiggi, general manager of the Braintree Electric Light Department (BELD). Bottiggi told town councilors Aug. 16, following up on a presentation he … Continue reading #BELD makes another pitch for new power plant in #Braintree→
MISO, PJM working to coordinate generation retirement studies Facing the prospect of as much as 4.3 GW of generation retiring by the summer of 2017, the Midcontinent Independent System Operator is working on rules to coordinate generation retirement studies with the PJM Interconnection, stakeholders learned Tuesday. According to the latest Organization of MISO States survey … Continue reading MISO, PJM working to coordinate generation retirement studies→
FirstEnergy loses $1.1B, may sell Pleasants plant to MonPower After announcing a quarterly loss of $1.1 billion because of the future closures of two uncompetitive coal-fired power plants in Ohio, FirstEnergy says it will seek to “de-risk” by pushing plants onto electricity customers in states like West Virginia. Charles Jones, CEO of FirstEnergy, the parent … Continue reading #FirstEnergy loses $1.1B, may sell #Pleasants plant to #MonPower→
PSEG’s Bridgeport Harbor H-Class Combined Cycle Project Clears Hurdle LCG, July 28, 2016–PSEG’s proposed combined cycle facility at the existing Bridgeport Harbor Station was reviewed by the Connecticut Siting Council, and the Council issued a declaratory ruling on July 21 that no Certificate of Environmental Compatibility and Public Need is required for PSEG Power Connecticut … Continue reading #PSEG ‘s #Bridgeport_Harbor H-Class Combined Cycle Project Clears Hurdle→
With CPP on ice, utilities seek organized market reforms to save baseload plants Utilities in the Midwest are concerned retiring coal and nuclear plants too early leaves the grid vulnerable to price spikes and reliability problems. In the power sector, as in life, nothing brings people together like a common enemy. Last year at the … Continue reading With CPP on ice, utilities seek organized market reforms to save baseload plants→
ERCOT working on generation-related seams issues Electric Reliability Council of Texas stakeholders will spend the next few weeks discussing how to resolve issues about 4,159 MW of generation along ERCOT’s seams that can switch from supplying ERCOT to another market and vice versa. During Wednesday’s ERCOT Wholesale Market Subcommittee meeting, Bill Blevins, ERCOT grid operations … Continue reading ERCOT working on generation – related seams issues→
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