pjm – Page 3 – Thinking Port

Scaling Clean: Assessing Market Options for Clean Energy & Capacity in PJM

March 10, 2022 admin clean power, pjm, rmi, Solar energy, utilities, wind energy

Credit to Author: RMI| Date: Thu, 10 Mar 2022 14:53:50 +0000

Scaling Clean: This report draws on original RMI analysis as well as extensive discussions with PJM states, utilities, customers, and clean energy developers. Spurred by state decarbonization policy, strong customer demand, and rapidly improving technology, carbon-free energy is playing a growing role in PJM, the United States’ largest wholesale electricity market. However, the pace of […]

Magazines

CPS Energy Exploring Novel Geomechanical Pumped Storage Technology

March 9, 2022 admin Alberta, Business, cps energy, DOE, Energy Storage, ercot, full coverage, geomechanical pumped storage, Hydro, long-duration energy storage, New York, news, pjm, pumped storage, quidnet, Technology

Credit to Author: Sonal Patel| Date: Wed, 09 Mar 2022 17:10:16 +0000

Texas-based CPS Energy, the largest municipally owned electric and natural gas company in the U.S., has entered into a 15-year commercial agreement to explore installing up to 15 MW of geomechanical pumped storage (GPS). The agreement will kick off with a pioneering 1-MW project that will pump water into drilled wells and store it under […]

The post CPS Energy Exploring Novel Geomechanical Pumped Storage Technology appeared first on POWER Magazine.

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Market Transitions: The MOPR Merry-Go-Round

March 1, 2022 admin Business, capacity markets, competitive markets, EIA, epsa, ferc, full coverage, Markets, mopr, news, pjm, policies, states, wholesale markets

Credit to Author: Kennedy Maize| Date: Tue, 01 Mar 2022 05:11:00 +0000

The PJM Interconnection’s Minimum Offer Price Rule (MOPR) was introduced in 2006 as a floor to bar new generators from artificially depressing capacity auction clearing prices through below-cost bids.

The post Market Transitions: The MOPR Merry-Go-Round appeared first on POWER Magazine.

Magazines

PJM Stakeholders at Odds on Timing for Next Capacity Auction

January 9, 2020 admin base residual auction, Business, calpine, capacity market, Coal, distributed energy, epsa, Exelon, Gas, Legislative, ls power, Markets, meeting, mopr, news, Nuclear, pjm, public power, Renewables, Solar, Technology, Wind

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 […]

The post PJM Stakeholders at Odds on Timing for Next Capacity Auction appeared first on POWER Magazine.

CleanTech Energy News Science

FERC Sides With Fossil Fuels In Forcing Renewables To Match Prices

December 28, 2019 admin clean power, Coal, federal energy regulatory commission, ferc, Fossil Fuels, green economy, natural gas, pjm, pjm interconnection, policy & politics, Solar energy, wind energy

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

December 28, 2019 admin america's power, appa, awea, Business, climate change, Coal, courts, Environmental, epsa, Exelon, ferc, Gas, Legal & Regulatory, Legislative, Markets, mopr, nei, news, nrdc, Nuclear, pjm, Power Demand, Renewables, seia, Sierra Club, Solar, Wind

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

The post Mixed Reactions to FERC’s Recent MOPR Order from Power Generators appeared first on POWER Magazine.

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 […]

The post Mixed Reactions to FERC’s Recent MOPR Order from Power Generators appeared first on POWER Magazine.

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States to FERC: Promote Market Designs That Recognize State Priorities

October 31, 2019 admin Business, climate change, Coal, courts, DOE, Environmental, federal power act, ferc, Gas, grid resilience, iso-ne, Legal & Regulatory, Legislative, Markets, mopr, news, Nuclear, nuclear subsidies, NYISO, pjm, recs, Renewables, states, zecs

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

The post States to FERC: Promote Market Designs That Recognize State Priorities appeared first on POWER Magazine.

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 […]

The post States to FERC: Promote Market Designs That Recognize State Priorities appeared first on POWER Magazine.

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FERC Backs First Compliance Filings on Energy Storage Rule

October 17, 2019 admin Business, Coal, distributed energy, Energy Storage, ferc, Gas, Legal & Regulatory, Markets, news, Nuclear, order 841, pjm, pumped storage, Renewables, Southwest Power Pool, SPP

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

October 1, 2019 admin Business, Gas, gas technology, ge, ha gas turbines, invenergy, kiewit, kpc, lackawanna, Markets, news, Pennsylvania, pjm, single shaft, Technology, top plant

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

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

Magazines

Investments in Storage Grow as Project Costs Come Down

July 24, 2019 admin anza electric cooperative, Business, California, Coal, distributed energy, Energy Storage, ferc order 841, Gas, ladwp, Legal & Regulatory, natural gas, news, Nuclear, pjm, Renewables, storage, storage week plus, vernon, xcel energy

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. […]

The post Investments in Storage Grow as Project Costs Come Down appeared first on POWER Magazine.