Markets

As installed capacity in the U.S. continues its breakneck growth, the solar photovoltaic sector is poised for another leap forward with a variety of new technologies—if increasingly ill-suited regulations and rate designs can be updated to keep pace. The global solar market has moved beyond its early, uncertain days. The luxury of behaving like start-ups […]

In July 2016, the German parliament approved three major pieces of legislation specifically laying out the future of the celebrated Energiewende: the 2017 revision of the Renewable Energy Sources Act, the Electricity Market Act, and the Act on the Digitization of the Energy Transition. “These three pieces of legislation will ensure that the transition of […]

A group of generators including Dynegy and NRG Energy filed suit in federal court on October 19 seeking to block an incentive program that would help three New York nuclear power plants remain economic over the next decade. An August decision by the New York Public Service Commission (PSC) approving New York’s Clean Energy Standard included a provision requiring […]

German utility RWE warned energy markets this week that low water levels on the Rhine River may affect the delivery of hard coal to some of its plants.

Six northeastern states are suing the Environmental Protection Agency (EPA) to force it to act on controlling air pollution blowing in from coal-fired power plants located in nine Midwestern and southern states. New York, Connecticut, Massachusetts, New Hampshire, Rhode Island, and Vermont on October 7 filed a lawsuit in the U.S. District Court for the […]

For all the words published over the past several years about electric utility customer defection—thanks to the combination of lower-cost residential solar photovoltaic systems, tax incentives, and net

Oral arguments on the merits of the Environmental Protection Agency’s (EPA’s) Clean Power Plan were concluded before an en banc panel (10 judges, rather than the anticipated three) at the D.C. Circuit Court of Appeals on September 27. West Virginia v. Environmental Protection Agency (No. 15-1363) is arguably the most important environmental case in nearly […]

States, regulators, and market participants have in recent years called attention to a trend concerning uneconomic baseload generation in organized wholesale markets, specifically in ISO New England, New York Independent System Operator (NYISO), MISO, PJM, the Electric Reliability Council of Texas (ERCOT), and the California Independent System Operator (CAISO). Cheap natural gas, low power demand […]

In an effort to become a fully regulated power company, American Electric Power (AEP) has agreed to sell four Midwestern power plants—representing a total of 5.2 GW—to a newly formed joint venture of Blackstone and ArcLight Capital Partners for about $2.17 billion.  AEP will sell: the 1,186-MW natural gas–fired Lawrenceburg Generating Station in Lawrenceburg, Ind. […]

A strategy rolled out by the Department of Energy (DOE) and Department of the Interior (DOI) to enable 86 GW of offshore wind capacity in the U.S. by 2050 highlights a number of key hurdles, including those related to technology, regulations, the environment, and markets. The DOE’s and DOI’s September 9–released joint document, “National Offshore […]