nerc – Thinking Port

PJM, Facing Capacity Shortage as Early as 2026/2027 Delivery Year, Agrees to Lower Auction Price Cap

January 29, 2025 admin Business, capacity markets, Coal, energy infrastructure, energy policy, energy security, ferc, full coverage, Gas, Legal & Regulatory, Markets, nerc, news, Pennsylvania, pjm, power, Power Demand, power planning, reliability, Renewables

Credit to Author: Sonal Patel| Date: Wed, 29 Jan 2025 20:45:39 +0000

PJM Interconnection and Pennsylvania Governor Josh Shapiro have settled a lawsuit over PJM’s capacity market pricing, agreeing to lower the grid operator’s auction price cap from over $500/MW-day to $325/MW-day. […]

The post PJM, Facing Capacity Shortage as Early as 2026/2027 Delivery Year, Agrees to Lower Auction Price Cap appeared first on POWER Magazine.

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Five Critical Insights from NERC’s 2024 Long-Term Reliability Assessment

December 19, 2024 admin Business, electricity demand growth, electrification, energy security, energy storage trends, Fuel, full coverage, Gas, gear, generator retirements, grid, Legal & Regulatory, Markets, natural gas infrastructure, nerc, news, power, Power Demand, power system, reliability, renewable energy integration, Renewables, resilience, transmission development, trends

Credit to Author: Sonal Patel| Date: Thu, 19 Dec 2024 21:31:46 +0000

Well over half of North America faces a potential shortage of electricity supplies in the coming years, compounded by surging demand growth, accelerating generator retirements, and delays in resource development, […]

The post Five Critical Insights from NERC’s 2024 Long-Term Reliability Assessment appeared first on POWER Magazine.