Markets

Various schemes are underway in Europe as nations use existing coal-fired power plants to generate electricity without coal as the feedstock. With rising carbon prices, some big utilities are repowering with

The duck curve is named for its resemblance to a duck, with its peaks and valleys highlighting the effect solar production has on the power demanded from thermal generators and hydropower resources throughout

The U.S. Department of Justice (DOJ) and the Federal Energy Regulatory Commission (FERC) on May 29 told the U.S. 7th Circuit Court of Appeals that Illinois’ nuclear subsidy program does not preempt federal statute, siding with the state and Exelon Corp. in a contentious legal fight that has divided the power sector. The case, now […]

Shares of General Electric (GE) have fallen about 50% over the past year, and on May 23 GE saw its stock drop more than 7%, its biggest one-day loss since April 20, 2009. Much of Wednesday’s decline came as CEO John Flannery was speaking to attendees at the Electrical Products Group (EPG) conference in Longboat […]

A bill that would have provided more cost-recovery certainty for Xcel Energy’s two Minnesota nuclear plants didn’t get through the state House of Representatives prior to the legislative session ending on May 20, effectively killing the measure. The bill would have allowed Xcel to submit proposals to the Minnesota Public Utilities Commission (MPUC) designating each […]

Exelon Corp.’s Three Mile Island, Dresden, and all but a small portion of its Byron nuclear plants failed to clear PJM Interconnection’s latest annual capacity auction—despite an average 83% surge in capacity prices compared to last year. While coal and gas made moderate gains, demand response, energy efficiency, wind, and solar emerged as the auction’s […]

The Federal Energy Regulatory Commission (FERC) is poised to approve a revised reliability standard to ensure reliability during geomagnetic disturbances (GMDs). FERC staff on May 17 issued a notice of proposed rulemaking (NOPR) urging its commissioners to approve Reliability Standard TPL-007-2, which the North American Electric Reliability Corp.(NERC)  developed in response to FERC’s September 2016-issued Order […]

Higher-than-average temperatures forecast for much of the U.S. this summer won’t affect reliability in most regions, though concerns remain for Texas and Southern California, according to the Federal Energy Regulatory Commission (FERC). Presenting the “Summer 2018 Energy Market and Reliability Assessment,” on May 17,  FERC staff said that most entities that are part of the […]

Wind power capacity in the U.S., whose explosive growth has tripled since 2008—even overtaking hydropower to become the nation’s largest source of renewable electricity—could face a period of stagnation once the production tax credit (PTC) is phased out in 2021. Analysts at WINDPOWER 2018 in Chicago last week called the period between 2021 and 2026 […]

  Despite the recent retirement of “blackstart” units, grid operators have sufficient resources to quickly restore systems in the event of widespread outages, suggests a new report by staff at the Federal Energy Regulatory Commission (FERC) and the North American Electric Reliability Corporation (NERC). The report—“FERC-NERC-Regional Entity Joint Review of Restoration and Recovery Plans”—released May […]