Natural Gas Gains as Bitter Cold Weather Spurs Heating Demand Natural gas futures advanced for a second day in New York as bitter cold sweeping most of the U.S. boosted demand for the heating fuel. Read article at Bloomberg
Gas Price Drop Raises Risk for Aging Coal, Nuclear Power A 37 percent drop in natural gas prices since June has lowered what U.S. nuclear and coal plants can charge for electricity, potentially speeding the demise of generators teetering on the brink of closing. Read the article at Bloomberg
Two utilities opt out of Cape Wind Future of Nantucket Sound turbine project in doubt as purchase contracts are terminated Read the article at Boston Globe
FERC Gives Conditional OK to Talen Energy The Federal Energy Regulatory Commission said PPL’s plan to spin off its generation and energy marketing business and combine it with Riverstone Holdings to form Talen Energy could get its OK — if it beefed up its market mitigation plans. Read article at RTO Insider
Exelon would profit from reforms proposed by operator of electric-grid Ever have someone bail when they said they’d be there? That’s exactly what happened during the polar vortex last winter when nearly a quarter of power producers didn’t show up to provide power to the electric grid during one of the coldest days on record. … Continue reading Exelon would profit from reforms proposed by operator of electric-grid→