Report on PJM Interconnection found market performance ‘competitive’ A report released on Thursday by Monitoring Analytics, LLC, on the market performance of regional electric transmission company PJM Interconnection found it produced “competitive” results during the first six months of 2015. Net revenue, a key measure of overall market performance, was lower for new entrant units … Continue reading Report on PJM Interconnection found market performance ‘competitive’→
FirstEnergy files for $165M rate increase, cites low wholesale electric rates CLARKSBURG — FirstEnergy, parent company of Mon Power and Potomac Edison, has filed for a $165 million rate increase with the state Public Service Commission. The proposed rate increase is part of the companies’ expanded net energy cost (ENEC) filing, an annual adjustment to … Continue reading #FirstEnergy files for $165M rate increase, cites low #wholesale_electric rates→
August 17, 2015 By Tom Kleckner LITTLE ROCK, Ark. — While SPP says it is continuing to analyze the 1,500 pages in the Environmental Protection Agency’s Clean Power Plan, some stakeholders in the RTO’s 14-state footprint wasted no time taking action. In the first of several expected legal challenges, state attorneys general from half of … Continue reading SPP, MISO, PJM States Join Opposition to Clean Power Plan→
by Harry Weber August 17, 2015 — 1:12 PM EDT Updated on August 17, 2015 — 3:26 PM EDT New York City’s first official heat wave since 2013 boosted power prices, as demand rose to the highest level in almost three weeks on the largest U.S. grid. Use on the 13-state PJM Interconnection LLC network … Continue reading New York’s First Heat Wave in 2 Years Sparks Power Price Surge→
EAGLEVILLE, Pa., March 12, 2015 /PRNewswire/ — PJM Interconnection’s wholesale electric energy and capacity markets produced competitive results during 2014, according to the 2014 State of the Market Report for PJM, released today by Monitoring Analytics, LLC, the Independent Market Monitor for PJM. The Independent Market Monitor, Joseph Bowring, announced findings of the report today. … Continue reading Market Monitor Finds PJM Wholesale Electricity Markets Competitive→
Global Credit Research – 11 Aug 2015 New York, August 11, 2015 — PJM Interconnection LLC’s (Aa3 stable) capacity auction that began on August 10 is expected to be credit positive for the merchant power industry but will see new power plants competing against the old, Moody’s Investors Service says in “PJM Capacity Auction Pits … Continue reading Moody’s: New PJM auction mechanics pit new gas plants against old coal, nuclear units→
Carolyn Davis August 11, 2015 The PJM Interconnection’s annual capacity auction underway this week could result in natural gas-fired capacity exceeding 6 GW to make up for declining coal and nuclear supplies. The largest U.S. power market’s grid operator supplies 61 million people in all or parts of Delaware, Illinois, Indiana, Kentucky, Maryland, Michigan, New … Continue reading PJM Auction Likely to Boost Region’s NatGas-Fired Capacity→
POWER-GRID OPERATOR PLEDGES TO WORK CLOSELY WITH NATURAL-GAS SECTOR PJM agreement seeks to ensure reliability as coal-fired plants are phased out and more gas-fired units are built In a move aimed at enhancing reliability, the regional operator of the power grid plans to work with several natural-gas pipeline operators to ensure there is plenty of … Continue reading #POWER-GRID OPERATOR PLEDGES TO WORK CLOSELY WITH NATURAL GAS SECTOR→
