S&P downgrades 2 PJM coal-fired power producers on likely default Ratings lowered on Longview Power, Chief Power Coal-fired plants include Longview, Keystone, Conemaugh New York — S&P Global Ratings on February 14 lowered the senior secured ratings of Longview Power LLC and Chief Power Finance LLC as the rating agency believes that the merchant power … Continue reading S&P downgrades 2 PJM coal-fired power producers on likely default→
Sparks Fly In W.Va. Legislative Energy Committees Over Utility Solar Bill A legislative proposal that would allow limited solar development by West Virginia’s two electric utilities has ignited intense debate in the energy committees of both the lower and upper houses of the state Legislature. Of debate are Senate Bill 583, “Creating program to further … Continue reading Sparks Fly In W.Va. Legislative Energy Committees Over Utility Solar Bill→
One Year After Oyster Creek Shutdown, 3.1M Tons of New Carbon Emissions Spike in region’s carbon pollution exacerbated the challenge of addressing climate change; to achieve our climate goals, we must preserve existing nuclear plants Since the Oyster Creek nuclear plant closed its doors in September 2018, grid operators turned to power plants that burn … Continue reading One Year After #Oyster_Creek Shutdown, 3.1M Tons of New Carbon Emissions→
Retaining outmoded monopolies and coal plants keeps Indiana in the Dark Ages The Indiana statehouse is abuzz as state utilities plan to shutter thousands of megawatts of coal-fired power plants in the coming years. Unfortunately, a false panic about electricity reliability may translate into an unnecessary expansion of bureaucratic review of retiring coal plants via … Continue reading Retaining outmoded monopolies and coal plants keeps #Indiana in the Dark Ages→
FERC Orders PJM to Expand Minimum Offer Price Rule The Federal Energy Regulatory Commission (FERC) on December 19, 2019, directed PJM Interconnection to extend its minimum offer price rule (MOPR) from new natural gas–fired electric generators to also cover any generator that receives or is entitled to receive certain types of state subsidies. The rule … Continue reading FERC Orders PJM to Expand Minimum Offer Price Rule→
Maryland regulators urged to consider climate, grid benefits of energy storage The ideas for how to value storage came from members of the Maryland PSC’s Energy Storage Working Group, which includes representatives of Exelon Corp., Exelon subsidiaries Baltimore Gas & Electric and Pepco, the Energy Storage Association and wholesale electricity market operator PJM Interconnection. An … Continue reading #Maryland regulators urged to consider climate, grid benefits of energy storage→
Siemens-Gamesa Bags Deal for Mammoth 2.64-GW Virginia Offshore Wind Project Dominion Energy’s proposed 2.64-GW Virginia Offshore Wind project—the world’s largest single offshore wind project proposed to date—will likely feature turbines supplied by Siemens Gamesa Renewable Energy (SGRE). A Jan. 7-announced preferred supplier agreement signed by the two companies could give the wind turbine maker a … Continue reading #Siemens-Gamesa Bags Deal for Mammoth 2.64-GW #Virginia Offshore Wind Project→
Can Pennsylvania’s electricity market become competitive again? Americans keep hearing bold claims about wind and solar power. Advocates say wind and solar are growing more affordable, and are cheaper than natural gas or coal. But much of that advantage actually comes from significant taxpayer support. And without such hefty subsidies, a different picture emerges. The … Continue reading Can #Pennsylvania ’s electricity market become competitive again?→
CEO of power coordinator PJM under fire before job start The incoming chief executive of the largest U.S. power grid is getting flack even before he begins his new job Kallanish Energy learns. A consumer watchdog has accused Manu Asthana, who started as CEO of PJM Interconnection Jan. 1, of mismanagement at his previous employer, … Continue reading CEO of power coordinator PJM under fire before job start→
PJM capacity market auction could be delayed another year, uncertainty persists New York — As PJM Interconnection market participants unpack the Federal Energy Regulatory Commission’s long-awaited capacity market order, it is looking increasingly likely that regulatory work will necessitate putting off base capacity auctions in the region for another year. Stakeholders and PJM indicated Wednesday … Continue reading PJM capacity market auction could be delayed another year, uncertainty persists→
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