Credit to Author: Sonal Patel| Date: Wed, 28 Feb 2024 17:59:06 +0000
American Electric Power (AEP) and Calpine Corp. separately announced significant leadership reshuffles on Feb. 27, marking new chapters for the power giants. Investor-owned utility AEP, with immediate effectiveness, removed AEP […]
The post AEP Abruptly Replaces CEO, Calpine Unveils Leadership Transition appeared first on POWER Magazine.
Credit to Author: Sonal Patel| Date: Thu, 01 Sep 2022 13:37:15 +0000
Two major U.S. gas power plants will be part of the Department of Energy’s (DOE’s) efforts to develop carbon capture technologies capable of capturing at least 95% of carbon dioxide. The agency’s Office of Fossil Energy and Carbon Management (FECM) on Aug. 26 announced $31 million in funding for 10 projects. While many of the […]
The post DOE Backs Carbon Capture Development at Two Major Gas-Fired Power Plants appeared first on POWER Magazine.
Read moreCredit to Author: Sonal Patel| Date: Thu, 09 Jan 2020 15:19:42 +0000
The post PJM Stakeholders at Odds on Timing for Next Capacity Auction appeared first on POWER Magazine.
PJM Interconnection will not run a base residual auction (BRA) until the Federal Energy Regulatory Commission (FERC) approves recalculated Minimum Offer Price Rule (MOPR) floor prices for new and existing resources as directed by the federal entity’s ground-shaking Dec. 19 capacity market order. But when that will occur is still highly uncertain. In a presentation […]
The post PJM Stakeholders at Odds on Timing for Next Capacity Auction appeared first on POWER Magazine.
Read moreCredit to Author: Sonal Patel| Date: Tue, 16 Apr 2019 16:41:28 +0000
The U.S. Supreme Court’s refusal to reconsider industry-led challenges to state nuclear subsidy programs in New York and Illinois leaves the contentious matter to the Federal Energy Regulatory Commission (FERC). The high court on April 15 declined to accept petitions for review of decisions by the Second Circuit and Seventh Circuit, dealing a major blow […]
The post Nuclear Subsidy Dispute Now Rests with FERC, Competitive Generators Say appeared first on POWER Magazine.
Read moreCredit to Author: Sonal Patel| Date: Tue, 05 Mar 2019 17:50:23 +0000
Grappling with a historically low planning reserve margin of 7.4%, owing to a mass of coal plant closures, the Electric Reliability Council of Texas (ERCOT) is forecasting record electric use this summer, and warns it could issue energy alerts at “various times.” ERCOT said its March 5–released final Seasonal Assessment of Resource Adequacy (SARA) for […]
The post ERCOT Warns of Intensified Summer Supply Crunch (UPDATED) appeared first on POWER Magazine.
Read moreCredit to Author: Sonal Patel| Date: Tue, 05 Mar 2019 17:50:23 +0000
Grappling with a historically low planning reserve margin of 7.4%, owing to a mass of coal plant closures, the Electric Reliability Council of Texas (ERCOT) is forecasting record electric use this summer, and warns it could issue energy alerts at “various times.” ERCOT said its March 5–released final Seasonal Assessment of Resource Adequacy (SARA) for […]
The post ERCOT Warns of Intensified Summer Supply Crunch appeared first on POWER Magazine.
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