PJM Stakeholders at Odds on Timing for Next Capacity Auction

Credit 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 […]

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FERC Sides With Fossil Fuels In Forcing Renewables To Match Prices

Credit to Author: Joshua S Hill| Date: Fri, 27 Dec 2019 16:55:55 +0000

The US Federal Energy Regulatory Commission (FERC) announced a directive just a few days before Christmas which will require PJM Interconnection to raise prices of wind and solar power to be in line with the cost of fossil fuels

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Mixed Reactions to FERC’s Recent MOPR Order from Power Generators

Credit to Author: Sonal Patel| Date: Thu, 26 Dec 2019 16:27:40 +0000

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On Dec. 19, the Federal Energy Regulatory Commission (FERC) directed PJM Interconnection to dramatically expand its Minimum Offer Price Rule (MOPR) to nearly all state-subsidized capacity resources. It’s the latest of a series of dramatic revisions to the grid operator’s rule, which essentially functions to provide a minimum offer screening process to bar new market […]

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States to FERC: Promote Market Designs That Recognize State Priorities 

Credit to Author: Sonal Patel| Date: Thu, 31 Oct 2019 15:57:18 +0000

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Attorneys general from 11 states ramped up pressure on the Federal Energy Regulatory Commission (FERC) to recognize state policy goals as it makes decisions related to market design, siting of new gas pipelines and storage facilities, and grid reliability.  The measure is the latest in a string of recent pushes by states to ensure federally […]

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FERC Backs First Compliance Filings on Energy Storage Rule

Credit to Author: Darrell Proctor| Date: Thu, 17 Oct 2019 20:56:57 +0000

The post FERC Backs First Compliance Filings on Energy Storage Rule appeared first on POWER Magazine.

The energy storage market received a boost Oct. 17 when the Federal Energy Regulatory Commission (FERC) approved the first two compliance filings implementing Order 841, a rule the commission said is designed to eliminate market barriers to electricity storage. Order 841 was enacted in February 2018. The measure directs regional power grid operators to establish […]

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Redefining Modern Gas Power: Lackawanna Energy Center

Credit to Author: POWER| Date: Tue, 01 Oct 2019 00:00:00 +0000

The post Redefining Modern Gas Power: Lackawanna Energy Center appeared first on POWER Magazine.

To endure a highly competitive and rapidly changing marketplace, Invenergy made the bold choice as it developed the 1,480-MW Lackawanna Energy Center in Jessup, Pennsylvania, to pair a first-of-its-kind

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Investments in Storage Grow as Project Costs Come Down

Credit to Author: Darrell Proctor| Date: Wed, 24 Jul 2019 20:51:35 +0000

Venture capital investments in battery storage companies and projects rose significantly year-over-year through the first six months of 2019, according to a report from Mercom Capital Group. That level of activity is consistent with the growth in energy storage noted by speakers on July 24 at the Storage Week Plus conference in San Francisco, California. […]

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Nuclear Subsidy Dispute Now Rests with FERC, Competitive Generators Say 

Credit 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 […]

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PJM Will Hold Capacity Auction Under Current Rules in August

Credit to Author: Sonal Patel| Date: Wed, 10 Apr 2019 21:52:23 +0000

PJM Interconnection said it will hold its 2022–2023 capacity auction under current market rules on Aug. 14, 2019, though the Federal Energy Regulatory Commission (FERC) has yet to issue a decision on the grid operator’s plan to revamp its Minimum Offer Price Rule (MOPR). In an April 10 filing, however, PJM asked FERC to clarify that […]

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Polar Vortex Tests Resiliency of U.S. Power System 

Credit to Author: Sonal Patel| Date: Thu, 31 Jan 2019 14:28:54 +0000

Brutally cold temperatures in the midwestern and northeastern U.S. spurred grid operator alerts as natural gas demand has surged, power prices have soared, and there have been forced generator outages.  The polar vortex, an extreme cold event characterized by back-to-back cold fronts, has so far prompted states of emergency in Wisconsin, Illinois, and Michigan. On […]

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