Bring on the summer heat, Texas’ electric grid is ready. The Electric Reliability Council of Texas announced that it will have sufficient power for the summer months with nearly 77,000 megawatts of electric generation available. Peak demand is projected to be 69,000 MW. If that happens on a hot, steamy day in August, it would … Continue reading Texas electric grid ready for the summer heat, ERCOT says
(Bloomberg) — On-peak power fell in Texas to the lowest level in two weeks as wind output exceeded expectations. Wind production on the Electric Reliability Council of Texas Inc. network averaged 8,263 megawatts during the hour ended at 1 p.m. local time, above the day-ahead forecast of 7,100 megawatts, according to the grid’s website. Wind … Continue reading Texas Power Falls to Lowest in Two Weeks as Wind Rises
By Scott DiSavino, Reuters Posted March 01, 2015, at 11:17 a.m. NEW YORK — What a difference a year makes. Twelve months ago, tumultuous weather in the Northeast caused record natural gas price spikes and forced some power plants to shut for lack of fuel as power producers scrambled to outbid each other for scarce … Continue reading As New England freezes, natural gas prices also stay low
LAURA SHEEHAN | MARCH 3, 2015 The Washington Post profiled Sharon Garcia, a single mom from Pueblo, Colorado, last year who suffers from a state policy that shuttered coal plants in favor of costlier, less reliable fuel sources. Ms. Garcia and her family—emblematic of so many other U.S. families—are forced to live in darkness at … Continue reading EPA’s Clean Power Plan Threatens To Turn The Lights Out On America
The Midcontinent ISO announced on Sunday several improvements that recently went live to ensure an increased benefit for MISO members and end-use customers. Extended Locational Marginal Pricing: Establishment of Extended Locational Marginal Pricing (ELMP) allows MISO to better ensure that the true cost of energy is represented in the market. Read the full article at ElectricityPolicy.com.
March 4, 2015 — The Federal Energy Regulatory Commission last week increased its pressure on PJM and MISO to resolve their longstanding boundary issues. FERC said it was considering taking action “to improve the efficiency of operations” at the RTOs’ seam,according to RTO Insider. Read the full article at RTO Insider.
MISO launched extended locational marginal pricing (ELMP) Sunday, a new calculation method that the RTO says will allow it to better capture fast-start gas turbines and emergency demand response in clearing prices. Read the full article at RTO Insider.
Extended Locational Marginal Pricing reflects the true value of energy, smoothing incremental price spikes and minimizing uplift charges. Read the full article at MISOEnergy.org.
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