FERC orders PJM to scrap ‘adder’ mechanism seen bolstering capacity prices The Federal Energy Regulatory Commission on Thursday ordered the PJM Interconnection to stop using an “adder” in a capacity market methodology that critics contend increases prices and leads the grid operator to buy more capacity than needed. The 4-1 decision at FERC’s monthly meeting … Continue reading FERC orders PJM to scrap ‘adder’ mechanism seen bolstering capacity prices→
PJM Releases Initial Results of Renewable Energy Transition Study VALLEY FORGE, PA — PJM Interconnection recently released the initial results of a multiphase, multiyear effort to study the potential impacts of an evolving resource mix, including the accelerating integration of renewable resources. The “Energy Transition in PJM: Frameworks for Analysis” paper reflects PJM’s five-year strategy, … Continue reading PJM Releases Initial Results of Renewable Energy Transition Study→
FERC orders PJM to change reserve market rules, delay capacity auctions FERC in May 2020 largely approved a PJM proposal to overhaul its reserve market, which the grid operator uses to make sure it has backup power supplies if there is a sudden change in electric supply. The Public Utilities Commission of Ohio, the Maryland … Continue reading FERC orders PJM to change reserve market rules, delay capacity auctions→
PJM Sees Ongoing Role for Natural Gas Amid Energy Transition North America’s largest power grid and its stakeholders need to ensure “adequate” electricity supply from thermal power plants, which include natural gas- and coal-fired units, until a substitute is deployed at scale, according to initial results of a study by grid operator PJM Interconnection. “As … Continue reading PJM Sees Ongoing Role for Natural Gas Amid Energy Transition→
Dominion plans energy storage facility for Chesterfield One of the state’s largest energy storage facilities is on track to open in Chesterfield County this year, as Dominion Energy Inc. works to achieve state-mandated clean energy goals. The Dry Bridge Energy Storage project will feature row after row of installations that resemble shipping containers, each housing … Continue reading Dominion plans energy storage facility for Chesterfield→
FirstEnergy planning West Virginia solar energy project CHARLESTON, W.Va. (AP) — FirstEnergy Corp. has applied to build five solar energy projects throughout its West Virginia service territory. The Akron, Ohio based utility company estimates that the projects, if approved by West Virginia regulators, would generate 50 megawatts of power, the Charleston Gazette-Mail reported. The plans … Continue reading #FirstEnergy planning #West_Virginia solar energy project→
PJM kicks off capacity market reform process with focus on reliability metrics PJM Interconnection and its stakeholders Nov. 29 highlighted potential focus areas that could be undertaken to improve the capacity market amid significant resource mix changes, having identified 10 key work activities from evaluating a forward clean energy market to updating reliability metrics. PJM … Continue reading PJM kicks off capacity market reform process with focus on reliability metrics→
While coal makes a comeback, reduced supplies stoke fears over electrical grids PHILADELPHIA — Coal, a pariah fuel for climate activists, has made a quiet comeback this year in the post-lockdown economic resurgence. Coal stockpiles at power plants are getting so low that the regional electric grid operator, PJM Interconnection, has taken steps to prevent … Continue reading While coal makes a comeback, reduced supplies stoke fears over electrical grids→
Rule change means boost for NJ’s green-power plans For the past few years, New Jersey officials feared that policies set by the operator of the nation’s largest power grid and a federal agency would undermine the state’s clean-energy goals and boost costs to utility customers. Those concerns appear to have been wiped away, at least … Continue reading Rule change means boost for #NJ ’s green-power plans→
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