MISO, PJM look to address market efficiency projects PJM and MISO know they need to address congestion between the markets even when it isn’t impacting settlement payments, but while the process aims to move quickly, there are certain groundrules that need to be in place first. RTO Insider reported from the grid operators’ Interregional Planning … Continue reading MISO, PJM look to address market efficiency projects→
Minnesota Power Is On The Lookout For More Renewable Energy Minnesota Power has announced it is seeking proposals for additional renewable energy from large-scale projects, as well as from customer-driven resources. The utility says the search is part of the company’s broad resource evaluation process to further its EnergyForward strategy, which calls for a diversified … Continue reading #Minnesota_Power Is On The Lookout For More Renewable Energy→
More Palisades nuclear plant security workers expressing worry VAN BUREN COUNTY, Mich. (NEWSCHANNEL 3) – Several security officers placed on leave at one of the country’s oldest nuclear reactors say they’re being treated as scapegoats by plant management. This comes after the Newschannel 3 I-Team first uncovered an active investigation at the Palisades Nuclear Generating … Continue reading More #Palisades nuclear plant security workers expressing worry→
First battery storage project begins operating in MISO The Midcontinent ISO has been working to reform market rules, aiming to entice storage providers to develop projects. IPL’s facility, which has now been online almost two months, is the first project in the market to connect to the grid. “IPL is committed to developing energy solutions … Continue reading First battery storage project begins operating in MISO→
MINNESOTA POWER TRIES AGAIN FOR LOWER INDUSTRIAL ELECTRIC RATES DULUTH — After being rebuffed by the Minnesota Public Utilities Commission in February in an attempt to shift electric costs from taconite plants to other customers, Minnesota Power is trying one more time. The Duluth-based utility said Thursday it has submitted a revised plan to the … Continue reading #MINNESOTA_POWER TRIES AGAIN FOR LOWER INDUSTRIAL ELECTRIC RATES→
MISO energy markets efficient, capacity markets not: monitor The Midcontinent Independent System Operator’s energy markets operated competitively and efficiently in 2015, but its capacity market has not provided “efficient economic signals to facilitate investment, retirement and capacity import/export decisions,” MISO’s independent market monitor said Tuesday. David Patton, president of Potomac Economics, MISO’s IMM, told stakeholders … Continue reading MISO energy markets efficient, capacity markets not: monitor→
Electricity markets are at the center of Illinois plant closures A battle over power is shaping up in Illinois. It involves lawmakers, but unlike with the state budget crisis they are not playing a central role. This fight involves electricity plants, regulated and unregulated energy companies and the nonprofits that act as air traffic controllers … Continue reading #Electricity_markets are at the center of #Illinois plant closures→
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→
MISO: FERC approves first storage interconnection agreement MISO has to date lagged behind neighboring PJM Interconnection when it comes to storage. MISO has a market for short- and long-term storage and is examining the feasibility of a market for batteries capable of durations of four hours or more. To that point, FERC said more comprehensive … Continue reading MISO: FERC approves first storage interconnection agreement→