Doubling Down – with Other People’s Money UPDATED: How Two Traders Linked to 2013 Scandal Left Members Holding the Bag for Millions Imagine a casino where you could produce $548 million in paper profits — or $100 million in losses — with only $600,000 of collateral. That’s essentially what Andrew Kittell and John Bartholomew saw … Continue reading Doubling Down – with Other People’s Money
Starwood Energy To Acquire Two Combined-Cycle Plants From Dominion Energy GREENWICH, Conn., Sept. 24, 2018 /PRNewswire/ — Starwood Energy Group Global, LLC, a leading private investment firm focused on energy infrastructure, announced today that it has signed an agreement to buy a 100 percent interest in two combined-cycle gas turbine (“CCGT”) plants totaling 1,708 MW … Continue reading #Starwood_Energy To Acquire Two Combined-Cycle Plants From #Dominion_Energy
Ex-JPMorgan Traders Lost Millions on Bad Bets in Power Market GreenHat Energy wagered on an electricity traffic jam that never happened. Now utilities, manufacturers, and residential customers are left to deal with the losses. wo energy traders, veterans of JPMorgan Chase & Co., saw an opening. Starting in 2015, Andrew Kittell and John Bartholomew plunked … Continue reading Ex- #JPMorgan Traders Lost Millions on Bad Bets in Power Market
Clean energy groups outline principles for PJM capacity market reform The new “shared principles” document shows how a diverse coalition of PJM stakeholders that benefit from state energy policies would like to see new capacity market rules develop in the mid-Atlantic power market. The document was signed by nuclear generators Exelon and Talen Energy, along … Continue reading Clean energy groups outline principles for PJM capacity market reform
Bechtel to build 1,182-MW Ohio gas plant as fuel mix shifts away from coal Bechtel awarded EPC contract for South Field Energy plant Over 4 GW of regional coal capacity to retire by 2022 New York — South Field Energy has selected engineering firm Bechtel to design and build its $1.3 billion, 1,182-MW South Field … Continue reading #Bechtel to build 1,182-MW #Ohio gas plant as fuel mix shifts away from coal
PJM continues trying to untangle subsidized resources from its capacity market New York — As PJM Interconnection prepares to file tariff revisions with federal regulators regarding changes to its capacity market structure designed to address subsidized resources, stakeholders Tuesday discussed PJM’s plan, along with how to handle New Jersey’s recently enacted nuclear subsidy law. he … Continue reading PJM continues trying to untangle subsidized resources from its capacity market
Proposed powerline in southern York County still needed, grid coordinator says PJM Interconnection’s analysis continues to show a need for the Independence Energy Connection project, according to the company’s latest report. The benefit-to-cost ratio has to meet or exceed 1.25:1. The latest re-evaluation report shows that PJM’s analysis is 1.42:1, senior engineer Nicolae Dumitriu confirmed. … Continue reading Proposed powerline in southern York County still needed, grid coordinator says
Oldest operating nuclear plant in country to retire Monday The oldest operating nuclear plant in the nation is set to retire on Monday. The Oyster Creek Nuclear Generating Station, which is 50 miles east of Philadelphia, will stop producing electricity shy of 50 years of production. According to a release for the U.S. Energy Information … Continue reading Oldest operating nuclear plant in country to retire Monday
Governors’ coalition: FERC PJM capacity market order went too far Washington — Order targeted impact of renewable, nuclear subsidies FERC must let states choose own energy mix: coalition The Governors’ Wind & Solar Energy Coalition on Wednesday urged the US Federal Energy Regulatory Commission to abandon its plan to revamp the capacity market in PJM … Continue reading Governors’ coalition: FERC PJM capacity market order went too far
2.2 GW Of Solar Power Backed By Ohio Business A new report entitled Powering Ohio, prepared by Synapse Energy Economics in cooperation with the Great Lakes Energy Institute at Case Western Reserve University and PoweringOhio.org, calls for the state to install 2.2 GW of solar power by 2030. The report has garnered endorsements by several … Continue reading 2.2 GW Of Solar Power Backed By Ohio Business
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