FirstEnergy files for $165M rate increase, cites low wholesale electric rates CLARKSBURG — FirstEnergy, parent company of Mon Power and Potomac Edison, has filed for a $165 million rate increase with the state Public Service Commission. The proposed rate increase is part of the companies’ expanded net energy cost (ENEC) filing, an annual adjustment to … Continue reading #FirstEnergy files for $165M rate increase, cites low #wholesale_electric rates→
August 17, 2015 By Tom Kleckner LITTLE ROCK, Ark. — While SPP says it is continuing to analyze the 1,500 pages in the Environmental Protection Agency’s Clean Power Plan, some stakeholders in the RTO’s 14-state footprint wasted no time taking action. In the first of several expected legal challenges, state attorneys general from half of … Continue reading SPP, MISO, PJM States Join Opposition to Clean Power Plan→
by Harry Weber August 17, 2015 — 1:12 PM EDT Updated on August 17, 2015 — 3:26 PM EDT New York City’s first official heat wave since 2013 boosted power prices, as demand rose to the highest level in almost three weeks on the largest U.S. grid. Use on the 13-state PJM Interconnection LLC network … Continue reading New York’s First Heat Wave in 2 Years Sparks Power Price Surge→
Posted August 17, 2015 Source: EIA, based on Electricity Reliability Council of Texas. Note: Data for 2015 are preliminary. During the recent heat wave in Texas, the Electricity Reliability Council of Texas (ERCOT), the operator of the electric grid covering most of the state, set a new record for electricity use when demand for electricity … Continue reading Texas Electric Grid Serves Record-High Power Demand→
August 17, 2015 By Tom Kleckner It had been four years since ERCOT last set a new demand record, but the Texas grid has been making up for lost time since August began. In the last two weeks, ERCOT has set three new hourly peaks, topping 69,000 MW in demand for the first time ever … Continue reading High Temps, Population Growth Push ERCOT to Demand Records→
August 17, 2015 By William Opalka ISO-NE and the New England Power Pool Participants Committee want to begin using the RTO’s system-wide sloped demand curve in their Annual Reconfiguration Auctions. The organizations submitted proposed Tariff changes to FERC that would apply the curve — first used in the ninth Forward Capacity Auction earlier this year … Continue reading ISO-NE: Use New Demand Curve in Reconfiguration Auctions→
August 17, 2015 By William Opalka When the Clean Power Plan was released last year, New York’s grid operator was concerned with its impact despite the state’s membership in a regional carbon trading regime. Reliance on coal generation had threated reliability, in the view of NYISO, so changes needed to be made, even though New … Continue reading Northeast on Way to Compliance with Clean Power Plan→
Posted: Thursday, August 13, 2015 5:45 am BY JARED WILSON [email protected] With temperatures rising electricity consumption is also on the rise as the Electric Reliability Council of Texas announced record breaking numbers this week. In the month of August, despite being just 13 days in, only two days have been under the triple digit mark, … Continue reading Rising temperatures, rising electrical demand→
By Dave Byknish Published: August 13, 2015, 3:26 pm Updated: August 13, 2015, 5:33 pm AUSTIN (KXAN) – Another scorcher in the Austin-area is leaving the Electric Reliability Council of Texas in a severe state. ERCOT is experiencing extremely high electricity demand. Operating reserves have dropped below the target threshold of 2,300 megawatts. ERCOT is … Continue reading ERCOT reserves drop below 2,300 MW, conservation requested→
EAGLEVILLE, Pa., March 12, 2015 /PRNewswire/ — PJM Interconnection’s wholesale electric energy and capacity markets produced competitive results during 2014, according to the 2014 State of the Market Report for PJM, released today by Monitoring Analytics, LLC, the Independent Market Monitor for PJM. The Independent Market Monitor, Joseph Bowring, announced findings of the report today. … Continue reading Market Monitor Finds PJM Wholesale Electricity Markets Competitive→
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