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
Are Millstone’s Nuclear Plants Adding To The Sound’s Warming Problems? TERFORD — The Millstone nuclear plants suck in about 2 billion gallons of seawater a day to cool their reactors and then pump the heated water back into Long Island Sound, a shallow estuary scientists say has been warming for decades. The plants’ operators and … Continue reading Are #Millstone’s Nuclear Plants Adding To The Sound’s Warming Problems?
States look to act on nuclear power Lawmakers in statehouses are looking for ways to support nuclear power close to home. Efforts across the country could spark more action than has occurred lately on the federal level. Debates over the future of nuclear power in Illinois and New York are the most pressing of the … Continue reading States look to act on nuclear power
Wet Is Wonderful, But Can Hydropower Replace Natural Gas To Meet Energy Needs? As many of us learned this winter, electricity prices in New England are going up. The region’s become increasingly reliant on natural gas, but we can’t get enough of it into the region on high-demand winter days. Canada has a lot of … Continue reading Wet Is Wonderful, But Can Hydropower Replace Natural Gas To Meet #Energy Needs?
Tx Developers Challenge NYISO, SPP, ISO-NE Order 1000 Filings Transmission developer LS Power Transmission is protesting Order 1000 compliance filings by NYISO, SPP and ISO-NE, saying they still favor regulated incumbents over independent developers. NextEra Energy also filed a protest in NYISO’s docket. The protests, submitted last week, are to compliance filings the three regions … Continue reading Tx Developers Challenge NYISO, SPP, ISO-NE Order 1000 Filings
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
ISO-NE: Renewables are driving up capacity market prices The rise of renewables in New England is keeping prices down in electricity markets, but at the same time driving up costs in the capacity market. According to the ISO, traditional generation sources are forced to price their capacity higher to offset a loss of revenue in … Continue reading ISO-NE: Renewables are driving up capacity market prices
Federal regulators approve Iberdrola-UIL merger FERC has approved the merger of Iberdrola and UIL, moving the two companies a step closer to creating one of the largest utilities in the nation, and the second largest wind developer. Connecticut and Massachusetts must also consider the deal, which is expected to close this year. The commission found … Continue reading Federal regulators approve #Iberdrola – #UIL merger
“Such a fact pattern does not a $5 million penalty make.” Or so says one dissenting FERC Commissioner in the recent Maxim Power enforcement proceeding.1 On May 1, 2015, FERC issued an order assessing civil penalties (the “Order”) of $5 million against Maxim Power Corporation and its named subsidiaries (“Maxim”),2 as well as $50,000 against … Continue reading “Such a fact pattern does not a $5 million #penalty make.”
Wholesale price of electricity rose 13 percent, report says The average wholesale price of electricity in New England’s power market rose 13 percent in 2014 despite a 2 percent decrease in power usage from the year before, according to a new report by the region’s grid operator. The increase in the average wholesale power price … Continue reading Wholesale price of #electricity rose 13 percent, report says
For more information call 1-855-GET-INNOTAP (1-855-438-4666) or contact us by form or email us today!
