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PJM TRACKER: Power prices up nearly 200% as gas price rise pushes up forwards

PJM TRACKER: Power prices up nearly 200% as gas price rise pushes up forwards PJM Interconnection wholesale power prices increased by nearly 200% at some hubs in October on year and between 20% and 30% on month due largely to higher natural gas prices, while forward power prices continued to strengthen over the winter months. … Continue reading PJM TRACKER: Power prices up nearly 200% as gas price rise pushes up forwards →

AEP ’s renewable buildout has flexibility to handle uncertainty in the solar market

AEP’s renewable buildout has flexibility to handle uncertainty in the solar market AEP expects to spend about $8.2 billion from 2022 through 2026 as part of its plan to shift its generating fleet to about half renewable energy by the end of the decade, according to the Columbus, Ohio-based company’s earnings presentation. To help get … Continue reading AEP ’s renewable buildout has flexibility to handle uncertainty in the solar market →

#FirstLight_Power Expands Clean Energy Portfolio With Acquisition of Two Hydroelectric Facilities in Western #Pennsylvania

FirstLight Power Expands Clean Energy Portfolio With Acquisition of Two Hydroelectric Facilities in Western Pennsylvania BURLINGTON, Mass.–(BUSINESS WIRE)–FirstLight Power, a leading clean provider of renewable energy and energy storage resources, today announced the company has acquired two Western Pennsylvania hydroelectric facilities from H2O Power, a leading owner and operator of hydroelectric facilities in Ontario, Canada. … Continue reading #FirstLight_Power Expands Clean Energy Portfolio With Acquisition of Two Hydroelectric Facilities in Western #Pennsylvania →

Largest US grid operator puts 1,200 mostly solar projects on hold for 2 years

Largest US grid operator puts 1,200 mostly solar projects on hold for 2 years LOUISVILLE, Ky. — The nation’s largest electrical grid operator has approved a new process for adding power plants to the sprawling transmission system it manages, including a two-year pause on reviewing and potentially approving some 1,200 projects, mostly solar power, that … Continue reading Largest US grid operator puts 1,200 mostly solar projects on hold for 2 years →

#LS_Power Grid Focuses on Connecting #New_Jersey to Offshore Wind Energy

LS Power Grid Focuses on Connecting New Jersey to Offshore Wind Energy LS Power Grid, an electric transmission company, has presented its plans to bring power generated from New Jersey offshore wind farms into the state’s onshore electrical grid. Responding to the state’s request for proposals on this initiative, the company’s plans – which are … Continue reading #LS_Power Grid Focuses on Connecting #New_Jersey to Offshore Wind Energy →

Coal plant owners seek to shut 3.2 GW in PJM in face of economic, regulatory and market pressures

Coal plant owners seek to shut 3.2 GW in PJM in face of economic, regulatory and market pressures PJM runs the grid and wholesale power markets in 13 Mid-Atlantic and Midwestern states and the District of Columbia. Coal-fired power plants in PJM are retiring, as they are in other parts of the U.S., in the … Continue reading Coal plant owners seek to shut 3.2 GW in PJM in face of economic, regulatory and market pressures →

PJM Outlines for EPA the Need to Coordinate Outages Resulting From Coal Combustion Rule

PJM Outlines for EPA the Need to Coordinate Outages Resulting From Coal Combustion Rule PJM, as the independent system operator and planning authority for the grid spanning 13 states and the District of Columbia, last week asked the U.S. Environmental Protection Agency to coordinate the timing of proposed coal plant outages as generators plan upgrades … Continue reading PJM Outlines for EPA the Need to Coordinate Outages Resulting From Coal Combustion Rule →

DER Aggregations in #RTO / #ISO Markets: An Update on FERC Order No. 2222 Compliance and Implementation

DER Aggregations in RTO/ISO Markets: An Update on FERC Order No. 2222 Compliance and Implementation In September of 2020, the Federal Energy Regulatory Commission (“FERC” or “Commission”) issued Order No. 2222,[1] requiring Regional Transmission Organizations (“RTOs”) and Independent System Operators (“ISOs”) to adopt rules allowing aggregations of distributed energy resources (“DERs”) to participate in the … Continue reading DER Aggregations in #RTO / #ISO Markets: An Update on FERC Order No. 2222 Compliance and Implementation →

#COOK PLANT BEGINS FIRST OF TWO #REFUELING OUTAGES FOR 2022, DRIVING HUNDREDS OF TEMPORARY JOBS

COOK PLANT BEGINS FIRST OF TWO REFUELING OUTAGES FOR 2022, DRIVING HUNDREDS OF TEMPORARY JOBS Indiana Michigan Power’s Cook Nuclear Plant Unit 1 will begin its thirtieth refueling outage Saturday, April 2, at 3:00 a.m. Power on Unit 1 was reduced on Wednesday, March 30, to allow for equipment testing before the outage begins. The … Continue reading #COOK PLANT BEGINS FIRST OF TWO #REFUELING OUTAGES FOR 2022, DRIVING HUNDREDS OF TEMPORARY JOBS →