Credit to Author: Kennedy Maize| Date: Tue, 01 Mar 2022 05:11:00 +0000
The PJM Interconnection’s Minimum Offer Price Rule (MOPR) was introduced in 2006 as a floor to bar new generators from artificially depressing capacity auction clearing prices through below-cost bids.
The post Market Transitions: The MOPR Merry-Go-Round appeared first on POWER Magazine.
Read moreCredit to Author: Aaron Larson| Date: Thu, 03 Feb 2022 16:13:18 +0000
In February 2021, a severe cold weather event, known as Winter Storm Uri, caused numerous power outages, derates, or failures to start at electric generating plants scattered across Texas and the south-central U.S. The Electric Reliability Council of Texas (ERCOT), which manages the power supply for about 90% of the load in Texas, ordered a […]
The post Former FERC Commissioner Says ‘Market Design Problem’ Was a Leading Cause of February 2021 Texas Power Crisis appeared first on POWER Magazine.
Read moreCredit to Author: Darrell Proctor| Date: Thu, 12 Mar 2020 17:33:03 +0000
The post Energy Groups Make Plans to Deal with Coronavirus; EEI Issues Bulletin appeared first on POWER Magazine.
The Edison Electric Institute (EEI), whose membership includes all investor-owned U.S. power companies, has told its members to prepare contingency plans for their operations due to the COVID-19 pandemic. Several U.S. grid operators already have announced measures designed to keep employees as safe as possible, while maintaining the reliability of the nation’s power supply. The […]
The post Energy Groups Make Plans to Deal with Coronavirus; EEI Issues Bulletin appeared first on POWER Magazine.
Read moreCredit to Author: Sonal Patel| Date: Thu, 12 Mar 2020 13:50:16 +0000
The post Gas-Heavy ISO-New England Braces for Steep Influx of Wind, Solar, Storage appeared first on POWER Magazine.
While it is currently highly dependent on natural gas generation today, about 95% of ISO-New England’s (ISO-NE’s) interconnection request queue—a proposed total capacity of 20.9 GW—comprises wind, solar, and battery projects. That clearly indicates that developers in New England’s wholesale market “are looking to take advantage of state incentives, declining technology costs, and revenues from […]
The post Gas-Heavy ISO-New England Braces for Steep Influx of Wind, Solar, Storage appeared first on POWER Magazine.
Read moreCredit to Author: Sonal Patel| Date: Wed, 29 Jan 2020 13:01:58 +0000
The post FERC Approves New Cybersecurity, Transmission Reliability Standards appeared first on POWER Magazine.
The Federal Energy Regulatory Commission (FERC) on Jan. 23 approved two new reliability standards related to transmission system planning performance and cybersecurity. However, it also proposed to retire 74 reliability standard requirements, which it deemed duplicative or unnecessarily burdensome. Among the spate of actions it took on Thursday, FERC also green-lighted retaining the North American […]
The post FERC Approves New Cybersecurity, Transmission Reliability Standards appeared first on POWER Magazine.
Read moreCredit to Author: Joshua S Hill| Date: Fri, 27 Dec 2019 16:55:55 +0000
The US Federal Energy Regulatory Commission (FERC) announced a directive just a few days before Christmas which will require PJM Interconnection to raise prices of wind and solar power to be in line with the cost of fossil fuels
Credit to Author: Sonal Patel| Date: Thu, 26 Dec 2019 16:27:40 +0000
The post Mixed Reactions to FERC’s Recent MOPR Order from Power Generators appeared first on POWER Magazine.
On Dec. 19, the Federal Energy Regulatory Commission (FERC) directed PJM Interconnection to dramatically expand its Minimum Offer Price Rule (MOPR) to nearly all state-subsidized capacity resources. It’s the latest of a series of dramatic revisions to the grid operator’s rule, which essentially functions to provide a minimum offer screening process to bar new market […]
The post Mixed Reactions to FERC’s Recent MOPR Order from Power Generators appeared first on POWER Magazine.
Read moreCredit to Author: Sonal Patel| Date: Thu, 26 Dec 2019 16:16:59 +0000
The post The Significance of FERC’s Recent PJM MOPR Order Explained appeared first on POWER Magazine.
A divided Federal Energy Regulatory Commission (FERC) issued a long-awaited order on Dec. 19 in which it directed PJM Interconnection to dramatically expand its Minimum Offer Price Rule (MOPR) to nearly all state-subsidized capacity resources. The order will have a significant impact on PJM’s capacity market. While it was no surprise that the decision immediately […]
The post The Significance of FERC’s Recent PJM MOPR Order Explained appeared first on POWER Magazine.
Read moreCredit to Author: Sonal Patel| Date: Thu, 21 Nov 2019 15:39:32 +0000
The post Regulators: Central Station Generation Will Stay Dominant Despite Emerging Tech appeared first on POWER Magazine.
A nationwide survey of state utility commissions suggests regulators are increasingly grappling with issues that could “profoundly” alter energy delivery and utility business models. However, over the next decade, they expect central station generation will continue to dominate state portfolios, and utility-scale solar growth will surpass customer-owned photovoltaic (PV). The survey to take the “regulatory […]
The post Regulators: Central Station Generation Will Stay Dominant Despite Emerging Tech appeared first on POWER Magazine.
Read moreCredit to Author: Darrell Proctor| Date: Sun, 17 Nov 2019 18:28:24 +0000
The post Plan to Build New 1-GW Plant in Rhode Island Officially Dead appeared first on POWER Magazine.
A project to build a 1-GW gas-fired power plant in Rhode Island has officially ended, after developer Invenergy took no action to appeal the project’s rejection by state regulators, who earlier this year voted unanimously against the plant’s construction. Invenergy had until Nov. 15 to challenge the formal denial of a construction license for the […]
The post Plan to Build New 1-GW Plant in Rhode Island Officially Dead appeared first on POWER Magazine.
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