Archive: Markets

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FERC Thwarts ISO-NE’s Attempt to Keep Mystic Gas Units Online

The Federal Energy Regulatory Commission (FERC) on July 2 denied ISO-New England’s (ISO-NE’s) request for a tariff waiver to keep two gas-fired units—a total capacity of 1,700 MW—at Exelon’s Mystic Generating Plant in Boston, Massachusetts, running to address “fuel security risks.” The commission instead gave the grid operator a year to submit permanent tariff revisions […]

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FERC Nixes PJM’s Fixes for Capacity Market Besieged by Subsidized Resources

In a 3–2 decision, the Federal Energy Regulatory Commission (FERC) rejected approaches filed by PJM Interconnection to reform its capacity market, whose integrity and effectiveness has been increasingly and “untenably threatened” by state subsidies for preferred generation resources, the federal regulatory body acknowledged. The June 29 order sharply divided the commission, prompting Democrat Commissioners Cheryl LaFleur […]

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Floating Solar Panel Industry Makes a Splash

Floating solar panel technology has been gaining traction as a favorable and cost-effective alternative to land-based photovoltaic systems. Thriving on the cusp of a massive inclination toward renewable energy

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Hydropower Grows but Industry Is Changing

New hydropower capacity installed worldwide plunged 36% in 2017 compared to 2016, but the sector remains optimistic about its future despite a transitioning role for hydropower away from baseload power and

Marc Lyda, with Trade Mechanical, welds an intake for heating water in Bldg. 9301 as part of an energy savings project with Oklahoma Gas & Electric and Honeywell. (Air Force photo by Kelly White)

Trends and Obstacles in the Power Industry Workforce

Baby boomers are retiring, unemployment is low, skilled craft workers are in short supply, and human resources in the workforce are a growing issue for power industry management. “Demography is destiny.”

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Trump Administration’s ‘All-of-the-Above’ Strategy Stresses Export Role for Natural Gas

The Trump administration, which is considering subsidizing baseload coal and nuclear power for resiliency and “national security,” is pursuing an “all-of-the-above” energy strategy that emphasizes natural gas exports, said Energy Secretary Rick Perry at the World Gas Conference this week in Washington D.C. In a keynote speech on June 26, Perry described the shale gas […]

Comparison of lights at night in Puerto Rico before (top) and after (bottom) Hurricane Maria. Note: Lower image date should read "September 25, 2017". Source: NOAA

Puerto Rico’s Grid Needs Resiliency. Here’s Why It Won’t Be Easy.

Puerto Rico’s energy infrastructure must be redesigned and rebuilt with an emphasis on resilience—and that will require wide-ranging, long-term efforts, the Department of Energy (DOE) says in a new report. In its June 20 report, “Energy Resilience Solutions for the Puerto Rico Grid,” the agency lists a number of recommendations for the government of the […]

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Siemens Reportedly Considering Sale of Gas Turbine Business

Siemens AG, the parent company of Siemens Power and Gas, is contemplating the sale of its lucrative but lately troubled gas turbine business, according to one major news outlet. Citing unnamed sources, Bloomberg on June 13 reported that the German giant may be considering the sale of its power and gas business, possibly to a […]