Markets – Page 18 – Thinking Port

The Significance of FERC’s Recent PJM MOPR Order Explained

December 27, 2019 admin auction, Business, capacity, Coal, competitive markets, Environmental, ferc, Gas, Legal & Regulatory, Legislative, Market, Markets, news, Nuclear, price floor, Renewables, resources, Solar, subsidized generation, T&D, Technology, Wind, zecs

Credit to Author: Sonal Patel| Date: Thu, 26 Dec 2019 16:16:59 +0000

The post The Significance of FERC’s Recent PJM MOPR Order Explained appeared first on POWER Magazine.

A divided Federal Energy Regulatory Commission (FERC) issued a long-awaited order on Dec. 19 in which it directed PJM Interconnection to dramatically expand its Minimum Offer Price Rule (MOPR) to nearly all state-subsidized capacity resources. The order will have a significant impact on PJM’s capacity market. While it was no surprise that the decision immediately […]

The post The Significance of FERC’s Recent PJM MOPR Order Explained appeared first on POWER Magazine.

Magazines

NERC: Long-Term Reliability Uncertain Amid Rapid Changes to Bulk Power System

December 19, 2019 admin Business, Coal, ders, distributed energy, Distribution, Energy Storage, ercot, Fuel, Gas, International, long-term reliability assessment. california, Markets, MISO, nerc, news, Nuclear, Ontario, Power Demand, reliability, reliability risks, Renewables, Solar, T&D, Technology, texas, transmission, Wind

Credit to Author: Sonal Patel| Date: Thu, 19 Dec 2019 15:29:46 +0000

The post NERC: Long-Term Reliability Uncertain Amid Rapid Changes to Bulk Power System appeared first on POWER Magazine.

Significant and rapid changes that are reshaping North America’s power sector will likely leave Texas and Ontario, Canada, with supply shortfalls over the next decade, and energy deficiencies could also occur during off-peak conditions in the Midcontinent Independent System Operator (MISO) area and the Western Electricity Coordinating Council (WECC) region, the North American Electric Reliability […]

The post NERC: Long-Term Reliability Uncertain Amid Rapid Changes to Bulk Power System appeared first on POWER Magazine.

Magazines

Hitachi Exiting MHPS; MHI Will be Venture’s Sole Owner

December 18, 2019 admin abb, boilers, Business, Coal, coal plants, courts, eskom, finance, hitachi, International, kusile, Markets, medupi, MHI, mhps, news, South Africa, Technology

Credit to Author: Sonal Patel| Date: Wed, 18 Dec 2019 18:43:32 +0000

The post Hitachi Exiting MHPS; MHI Will be Venture’s Sole Owner appeared first on POWER Magazine.

Japanese technology conglomerate Hitachi will withdraw from Mitsubishi Hitachi Power Systems (MHPS), a joint venture it established in 2014 with another power equipment giant, Mitsubishi Heavy Industries (MHI), over a dispute stemming from construction of two massive defect-ridden coal plants in South Africa. Under a Dec. 18-announced settlement reached by MHI and Hitachi, Hitachi will […]

The post Hitachi Exiting MHPS; MHI Will be Venture’s Sole Owner appeared first on POWER Magazine.

Magazines

Joint U.S-Canadian Advanced Nuclear Review May Focus on Terrestrial’s Molten Salt Reactor, NuScale SMR

December 12, 2019 admin advanced nuclear, Business, cnsc, Fuel, holtec, hydrogen, imsr, International, joint collaboration, kairos, Markets, mmr, molten salt, news, NRC, Nuclear, NuScale, Safety, smr, Technology, terrestrial, usnc

Credit to Author: Sonal Patel| Date: Thu, 12 Dec 2019 14:47:21 +0000

The post Joint U.S-Canadian Advanced Nuclear Review May Focus on Terrestrial’s Molten Salt Reactor, NuScale SMR appeared first on POWER Magazine.

Terrestrial Energy’s Integral Molten Salt Reactor (IMSR), a 195-MWe Generation IV nuclear technology, and NuScale’s small modular reactor (SMR) may be the focus of the first joint technical review by U.S. and Canadian nuclear regulators in a bid to boost their regulatory effectiveness as more advanced reactors and SMRs trundle toward commercialization. Rumina Velshi, president […]

The post Joint U.S-Canadian Advanced Nuclear Review May Focus on Terrestrial’s Molten Salt Reactor, NuScale SMR appeared first on POWER Magazine.

Magazines

Is Carbon Pricing the Key to a Clean Energy Future? [PODCAST]

December 4, 2019 admin Business, carbon dioxide, carbon pricing, climate change, CO2, Coal, Commentary, emissions, Environmental, Gas, Hydro, Interview, Markets, New York, news, Nuclear, NYISO, power generation, power podcasts, Renewables, rich dewey, Solar, the power podcast, Wind

Credit to Author: Aaron Larson| Date: Wed, 04 Dec 2019 14:37:30 +0000

The post Is Carbon Pricing the Key to a Clean Energy Future? [PODCAST] appeared first on POWER Magazine.

The New York Independent System Operator (NYISO) has proposed incorporating the social cost of carbon into the wholesale price of electricity. According to an October-released study conducted by the consulting firm Analysis Group, “A carbon price in NYISO’s competitive wholesale power markets can help deliver New York’s clean-energy transition in faster, cheaper, more reliable, more […]

The post Is Carbon Pricing the Key to a Clean Energy Future? [PODCAST] appeared first on POWER Magazine.

Magazines

Floating Offshore Wind Buoyant on New Developments, Projects

December 2, 2019 admin Business, DOE, equinor, floatfen, floating offshore wind, hywind tampen, International, irean, Markets, news, Renewables, Research and Development, semi-submersible foundations, siemens gamesa, spar technology, Technology, tension-leg, tetraspar, Wind, windfloat, windplus

Credit to Author: POWER| Date: Mon, 02 Dec 2019 05:00:00 +0000

The post Floating Offshore Wind Buoyant on New Developments, Projects appeared first on POWER Magazine.

Floating offshore wind made a remarkable splash this fall. As two much-watched projects sailed toward construction, optimism about the industry’s accelerated growth was buoyed by projections from the

The post Floating Offshore Wind Buoyant on New Developments, Projects appeared first on POWER Magazine.

Magazines

POWER Digest [December 2019]

December 1, 2019 admin Australia, Business, China, Coal, Environmental, Gas, gas generation, ge, geothermal, India, International, Israel, Kenya, Markets, mhi vestas, news, olkaria, Renewables, Solar, Technology, temasek, Uncategorized, Wind

Credit to Author: POWER| Date: Mon, 02 Dec 2019 05:00:00 +0000

The post POWER Digest [December 2019] appeared first on POWER Magazine.

Israeli Group Supports Construction of 1.3-GW Gas-Fired Plant. The Israeli National Infrastructure Committee on Nov. 4 approved a plan to build Israel’s largest privately run power plant, saying the facility

The post POWER Digest [December 2019] appeared first on POWER Magazine.

Magazines

What’s Driving Wholesale Power Price Changes? Not What You Think

November 27, 2019 admin Business, Coal, coal retirements, Gas, Hydro, lbnl, market drivers, Markets, news, Nuclear, nuclear retirements, Renewables, report, Solar, Technology, variable renewable energy, wholesale power price, Wind

Credit to Author: Sonal Patel| Date: Wed, 27 Nov 2019 15:10:43 +0000

The post What’s Driving Wholesale Power Price Changes? Not What You Think appeared first on POWER Magazine.

Falling natural gas prices tamped down annual U.S. wholesale power prices over the last decade by $7/MWh to $53/MWh—to a much higher degree compared to the impact of wind and solar growth—a new report from Lawrence Berkeley National Lab (LBNL) suggests. The Nov. 20–published report, The Impact of Wind, Solar, and Other Factors on Wholesale Power […]

The post What’s Driving Wholesale Power Price Changes? Not What You Think appeared first on POWER Magazine.

Magazines

GE Shelves Plans to Spin-Off Digital Business

November 4, 2019 admin Business, connected plant, connected plant conference, data cloud, digitalization, earnings, ge, ge digital, grid analytics, HEALTH, iiot, iiot healthcare, iiot oil & gas, iiot power, industrial, International, Markets, news, operational productivity, pat byrne, plant applications, predix, renewable, silver lake, Technology

Credit to Author: Sonal Patel| Date: Mon, 04 Nov 2019 14:34:42 +0000

The post GE Shelves Plans to Spin-Off Digital Business appeared first on POWER Magazine.

GE will retain its lucrative digital business—not spin it off, as had been planned—but it will sharpen the division’s focus on four key markets, including electric utilities and power generation, GE Digital CEO Pat Byrne told customers in an Oct. 31 letter. “I want to affirm that GE Digital is staying in GE,” Byrne wrote. […]

The post GE Shelves Plans to Spin-Off Digital Business appeared first on POWER Magazine.

Magazines

Ritter’s Message: Market Forces Drive Growth in Distributed Generation

October 31, 2019 admin bill ritter, biomass, Business, Carbon Capture, climate change, Coal, Cybersecurity, distributed energy, distributed energy conference, Distributed Generation, distributed power, Electric vehicles, Energy Storage, firm generation, fuel cells, Gas, geothermal, Hydro, hydrogen, keynote, Legislative, Markets, Nuclear, Renewables, Solar, waste to energy, Wind

Credit to Author: Darrell Proctor| Date: Thu, 31 Oct 2019 16:26:07 +0000

The post Ritter’s Message: Market Forces Drive Growth in Distributed Generation appeared first on POWER Magazine.

Market forces are playing as much if not more of a role than regulatory policy in the transition from fossil-fueled power generation to renewables, as utilities in the U.S. and worldwide establish decarbonization goals. That was the message from Bill Ritter Jr., former governor of Colorado, during his keynote address at POWER’s Distributed Energy Conference […]

The post Ritter’s Message: Market Forces Drive Growth in Distributed Generation appeared first on POWER Magazine.