Markets
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Legal & Regulatory
[UPDATED] DOE to FERC: Force Competitive Markets to Value Coal and Nuclear Resiliency, Reliability Attributes
A rule proposed by the U.S. Department of Energy (DOE) on September 29 directs the Federal Energy Regulatory Commission (FERC) to mandate that competitive power markets develop and implement market rules to “accurately price” what it calls “fuel-secure” generation. The DOE’s “Grid Resiliency Pricing Rule” directs FERC—an independent regulatory government agency that is officially organized as […]
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Renewables
CAISO Expansion, 100% Zero-Carbon Bids Flatline, But Bills for Energy Storage, DERs Thrive
California’s legislature last week wrapped up its 2017 session without authorizing the broad expansion of the California Independent System Operator (CAISO) into other Western states or passing a zero-carbon bill, which would have put the state on a path to 100% clean energy by 2045. It did, however, succeed in passing bills to encourage development […]
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Commentary
Power Market Deregulation Transforms Mexico
Mexico’s energy reform, which began in 2013, has opened up key parts of the country’s electricity sector to new market participants, foreign investors, and innovative technology. Prior to the reform
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Coal
Grand Resilience: How a State Agency Pioneered Gas Technology and Bolstered Critical Supply
Unit 3 at the Grand River Energy Center in Chouteau, Oklahoma, was the Grand River Dam Authority’s first construction project in 30 years. Yet, the team put this distinct project—one of the largest and
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Renewables
Could Success Spoil ISO-NE?
Independent System Operator-New England celebrated its 20th anniversary last July with a solid record in its energy and capacity markets, turning around a fragmented regional electric system. Can it repeat
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Markets
Harvey Ravages Power Generation and Transmission
Harvey—a massive weather system, which has so far killed 38 people, displaced thousands of others, and caused widespread flooding in Texas—downed 7.6-GW of generation resource capacity, along with two major 345-kV transmission lines and 85 other high-voltage transmission lines serving the Gulf Coast. As of 1 p.m. on August 30—about four days and 18 hours […]
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Power
Major Power Players Issue Mixed Reactions to DOE’s Controversial Grid Study
The Department of Energy’s (DOE’s) much-anticipated study on grid resilience and reliability elicited immediate chatter from a variety of industry stakeholders, from power generators and trade groups to environmental and clean energy advocates. The 187-page study essentially notes that unprecedented changes are transforming the electricity industry. Over the past 15 years, market forces—namely, cheap natural […]
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Coal
Market Dynamics Are Complicated as Coal Battles Natural Gas
Several factors favor natural gas when it comes to the future of U.S. power generation. But other forces, such as power demand, energy efficiency, and the impact of renewables, make it a complex fray. Let’s
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Commentary
The Impact of Alternative Energy on Electricity Pricing
The rise of some sources of alternative energy such as renewables, storage, energy efficiency, and demand response, and decline in others—specifically nuclear—will continue to impact regional gas and
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Renewables
NRG’s New Plan: Sell Assets, Change Focus, Raise Cash
NRG Energy said it will sell as much as $4 billion in assets as it seeks to lower its debt and cut costs after a revolt by activist investors unhappy with the company’s direction. Shares of the company jumped 29% to a two-year high on July 12 after NRG announced the moves as part of […]