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Vehicle-to-grid could be ‘capacity on wheels’ for electricity networks

Vehicle-to-grid could be ‘capacity on wheels’ for electricity networks “There are already many Gigawatt-hours of batteries on wheels”, which could be used to provide balance and flexibility to electrical grids, if the “ultimate potential” of vehicle-to-grid (V2G) technology could be harnessed. That’s according to a panel of experts and stakeholders convened by our sister site … Continue reading Vehicle-to-grid could be ‘capacity on wheels’ for electricity networks

ERCOT supply tightness, strong PJM capacity market boost #NRG earnings: CEO

ERCOT supply tightness, strong PJM capacity market boost NRG earnings: CEO Houston — Tight supply conditions in the Electric Reliability Council of Texas and disciplined capacity market bidding in the PJM Interconnection contributed to significant NRG Energy year-over-year earnings growth in the second quarter of 2018, CEO Mauricio Gutierrez said Thursday. In NRG Energy’s second-quarter … Continue reading ERCOT supply tightness, strong PJM capacity market boost #NRG earnings: CEO

PJM CEO: Grid operator will respond to FERC capacity market order within 60 days

PJM CEO: Grid operator will respond to FERC capacity market order within 60 days The PJM Interconnection will respond within 60 days to a landmark order from the Federal Energy Regulatory Commission finding its capacity market unjust and suggesting major changes, CEO Andy Ott told Utility Dive. FERC last month rejected two proposals from the … Continue reading PJM CEO: Grid operator will respond to FERC capacity market order within 60 days

FERC Nixes PJM ’s Fixes for Capacity Market Besieged by Subsidized Resources

FERC Nixes PJM’s Fixes for Capacity Market Besieged by Subsidized Resources In a 3–2 decision, the Federal Energy Regulatory Commission (FERC) rejected approaches filed by PJM Interconnection to reform its capacity market, whose integrity and effectiveness has been increasingly and “untenably threatened” by state subsidies for preferred generation resources, the federal regulatory body acknowledged. The … Continue reading FERC Nixes PJM ’s Fixes for Capacity Market Besieged by Subsidized Resources

PJM: Capacity Performance rules improved generator results, though less for coal and oil

PJM: Capacity Performance rules improved generator results, though less for coal and oil PJM Interconnection has completed the first assessment of its new Capacity Performance (CP) generator standards, concluding that the enhanced payments and penalties did spur widespread improvements in generator performance — though not for coal and oil units. The grid operator said it … Continue reading PJM: Capacity Performance rules improved generator results, though less for coal and oil

Report: Clean energy to dominate new capacity investments

Report: Clean energy to dominate new capacity investments CLEAN ENERGY: A Bloomberg New Energy Finance analysis predicts 85 percent of investments in new energy capacity through 2050 will go to zero-emissions technologies. (Bloomberg) POLICY: A new group with Republican backers announces plans for a national carbon tax and dividend with support from major fossil fuel … Continue reading Report: Clean energy to dominate new capacity investments

In #Massachusetts, capacity ownership of distributed resources could determine fate of storage

In Massachusetts, capacity ownership of distributed resources could determine fate of storage A little-noticed debate in Massachusetts could have a big impact on the trajectory of the state’s energy storage market. Earlier this month, the Massachusetts Department of Public Utilities (DPU) convened a technical conference on solar and storage facilities participating in ISO-New England’s forward … Continue reading In #Massachusetts, capacity ownership of distributed resources could determine fate of storage

ISO-NE implements ‘pay-for-performance’ capacity market incentives

ISO-NE implements ‘pay-for-performance’ capacity market incentives As of June 1 the ISO New England has integrated new “pay-for-performance” (PFP) incentives into its forward capacity market, designed to address rising generator outage rates which have left some power plants unavailable during critical times. The grid operator will use a system of incentives and fees designed to … Continue reading ISO-NE implements ‘pay-for-performance’ capacity market incentives

PJM power auction could bring lower electricity prices in 2021

PJM power auction could bring lower electricity prices in 2021 Delmarva Power customers couldsee slightly lower rates for electricity in coming years. Grid operator PJM Interconnection reported its auction produced higher price for a period from a one-year period beginning in June 2021. Prices were up from the past auction, due in part to transmission … Continue reading PJM power auction could bring lower electricity prices in 2021