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
ISO-NE projects slow growth in electricity demand New England’s electric grid operator predicts slow growth in annual energy usage in the region over the next decade, with slightly quicker growth in peak demand. ISO New England, Inc. develops an annual long-term load forecast using factors including state and regional economic forecasts and 40 years of … Continue reading ISO-NE projects slow growth in #electricity #demand
FERC Fines Maxim Power $5 Million For Market Manipulation; Commissioner Clark Dissents On May 1, 2015, FERC issued an order assessing civil penalties against Maxim Power Corporation, Maxim Power (USA), Inc., Maxim Power (USA) Holding Company Inc., Pawtucket Power Holding Co., LLC, Pittsfield Generating Company, LP (collectively “Maxim”) and an Energy Marketing Analyst at Maxim, … Continue reading FERC Fines #Maxim_Power $5 Million For Market Manipulation; Commissioner Clark Dissents
Maxim Power Slapped With $5M Fine For Market Manipulation Law360, New York (May 04, 2015, 12:58 PM ET) — The Federal Energy Regulatory Commission slapped a Canadian energy provider with a $5 million fine Friday, chastising Maxim Power Corp. for charging New England’s wholesale power market the high prices needed to burn oil while the … Continue reading #Maxim_Power Slapped With $5M Fine For Market Manipulation
What Did April Bring?: FERC Extends Out-of-Market Reliability Measures but Wants Market-Based Solutions The Federal Energy Regulatory Commission (“FERC”) recently published two orders that approved capacity and reliability measures for the Independent System Operator New England Inc. (“ISO-NE”) and the New York Independent System Operator (“NYISO”). In contrast to its approval of NYISO’s measures as … Continue reading What Did April Bring?: FERC Extends Out-of-Market Reliability Measures but Wants Market-Based Solutions
Do Pay-for-Performance Capacity Markets Deliver the Grid Resiliency Outcomes We Need Competitive wholesale power markets are designed to sustain needed investment through market participants hedging risks in response to transparent pricing in the energy and ancillary services markets. But in practice, it’s been a challenge to realize market prices fully reflective of actual market conditions. … Continue reading Do Pay-for-Performance Capacity Markets Deliver the Grid Resiliency Outcomes We Need?
Energy officials say New England has enough power for peak summer demand The operator of New England’s regional electric grid says the region has adequate resources to handle demand for power, even though there is less generation capability available than there was last summer. Holyoke, Massachusetts-based ISO-New England (ISO-NE) is projecting that under normal weather … Continue reading Energy officials say New England has enough power for peak summer demand
Energy infrastructure upgrades crucial, New England leaders told HARTFORD >> Connecticut and the rest of New England could face the possibility of blackouts in the future if the region fails to upgrade its energy infrastructure, particularly natural gas transmission lines, the state’s consumer counsel said Thursday. “A capacity deficiency is not a scare tactic,” Elin … Continue reading Energy infrastructure upgrades crucial, New England leaders told
ISO-NE delays demand response integration due to FERC Order 745 uncertainty Observers say the Supreme Court could decide this month — perhaps as soon as April 27 — whether or not it will reconsider the D.C. Circuit Court’s decision last year to vacate Order 745, which gave FERC authority over demand response in wholesale markets. … Continue reading ISO-NE delays demand response integration due to FERC Order 745 uncertainty
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