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Generators say Mystic order mirrors their capacity price concerns

Generators say Mystic order mirrors their capacity price concerns Washington — New England generators are telling regulators that ISO-New England’s current plan to keep 1,700 MW of gas-fired units at Exelon’s Mystic plant in Massachusetts running could unfairly reduce prices in the capacity auction and spur more retirements. NEPGA’s request echoes a complaint they filed … Continue reading Generators say Mystic order mirrors their capacity price concerns

FERC Finds ISO-NE’s Tariff May Not Adequately Address Fuel Security Concerns

FERC Finds ISO-NE’s Tariff May Not Adequately Address Fuel Security Concerns On July 2, 2018, FERC denied ISO New England Inc.’s (“ISO-NE”) request for waiver of its Transmission, Markets, and Services Tariff (“Tariff”) and instituted a Federal Power Act (“FPA”) section 206 proceeding because, according to FERC, the Tariff may be unjust and unreasonable. Specifically, … Continue reading FERC Finds ISO-NE’s Tariff May Not Adequately Address Fuel Security Concerns

The state of wholesale power markets: What’s wrong with proposed changes in Eastern RTOs?

The state of wholesale power markets: What’s wrong with proposed changes in Eastern RTOs? In part one of this series, we discussed why generators are struggling to make ends meet in wholesale power markets, summarizing the reason for low revenues in one word: overcapacity. In many markets, oversupply is chasing after flat or decreasing demand. … Continue reading The state of wholesale power markets: What’s wrong with proposed changes in Eastern RTOs?

Northeast set for summer; imports may be key for ISO-NE: #NPCC

Northeast set for summer; imports may be key for ISO-NE: NPCC The US and Canadian Northeast overall should have adequate generation supply to meet summer electricity needs, according to the Northeast Power Coordinating Council summer outlook issued late Wednesday. However, the retirement of one of the largest coal- and oil-fired power plants in New England … Continue reading Northeast set for summer; imports may be key for ISO-NE: #NPCC

D.C. Circuit Again Upholds FERC Order No. 1000

D.C. Circuit Again Upholds FERC Order No. 1000 A three-judge panel for the D.C. Circuit on April 18 unanimously upheld Order No. 1000, denying multiple challenges by New England power firms and state regulators to the Federal Energy Regulatory Commission’s (FERC’s) controversial mandate that requires utilities to remove certain “right of first refusal” provisions from … Continue reading D.C. Circuit Again Upholds FERC Order No. 1000

#Pilgrim Nuclear Power Station prepares for #refueling outage

Pilgrim Nuclear Power Station prepares for refueling outage Pilgrim Nuclear Power Station began reducing power Sunday morning in preparation for a temporary refueling outage, a spokesman for the Plymouth facility said in a statement. During the outage, more than 800 temporary workers will assist the plant’s 620 full-time employees in inspecting, upgrading, and replacing hundreds … Continue reading #Pilgrim Nuclear Power Station prepares for #refueling outage

ISO-NE proposes two-part capacity auctions to handle subsidized generation

ISO-NE proposes two-part capacity auctions to handle subsidized generation The ISO-New England proposal aims to provide a market-based solution to the integration of subsidized generation resources in wholesale power markets. Across the nation, subsidized resources — typically renewables and nuclear plants — are pushing down wholesale power market prices, reducing revenue for generators and stoking … Continue reading ISO-NE proposes two-part capacity auctions to handle subsidized generation

#Connecticut bill would protect #Millstone nuke by classifying it as a renewable resource

Connecticut bill would protect Millstone nuke by classifying it as a renewable resource Nuclear power plants have been struggling to compete with low-cost natural gas generation in wholesale markets, leading a number of plants to retire in recent years. In some states nuclear plant operators have been fighting back by seeking special treatment for their … Continue reading #Connecticut bill would protect #Millstone nuke by classifying it as a renewable resource