capacity
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Coal
India Adds 4 GW of New Coal-Fired Capacity for Second Straight Year
India added 4 GW of coal-fired power generation capacity this year, according to the country’s Central Electricity Authority, about the same amount of new coal-based generation it added in 2023. Last year’s total was the highest level of new coal-fired capacity added in the country since 2019. The Indian government has said the country plans […]
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Legal & Regulatory
PJM Capacity Market Reforms Shake Up Resource Accreditation, Impose New Offer and Testing Requirements
The Federal Energy Regulatory Commission (FERC), in Docket No. ER24-99-000, recently approved a suite of tariff revisions submitted by PJM intended to “accommodate the energy transition while maintaining resource adequacy.” Although the reforms affect many aspects of PJM’s Reliability Pricing Model (RPM), this commentary highlights: The transition from capacity accreditation using Equivalent Demand Forced Outage […]
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Nuclear
22 Countries, Including U.S., Pledge to Triple Nuclear Power Capacity
The U.S. and 21 other countries have said they want to triple the global generation capacity of nuclear power by mid-century. The pledge, announced Dec. 2 at the United Nations’ COP28 climate summit in Dubai in the United Arab Emirates (UAE), comes as more of the world’s governments say increased use of nuclear power is […]
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Solar
New Report Shows EU Solar Installations Rise Nearly 50%
A new report from industry group SolarPower Europe shows that solar installations in the European Union increased by almost 50% year-over-year in 2022, to a record 41.4 GW of generation capacity. “The numbers are clear. Solar is offering a lifeline amid energy and climate crises,” said Walburga Hemetsberger, CEO of SolarPower Europe. “No other energy […]
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News
Endesa to Close Two Giant Spanish Coal Plants
Endesa on Dec. 27 formally moved to shutter two massive coal-fired power plants—the 1.4-GW As Pontes plant in A Coruña, Galicia, which is the biggest coal-fired power plant in Spain, and the 1.16-GW
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Markets
The Significance of FERC’s Recent PJM MOPR Order Explained
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 […]
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Renewables
Gas-Fired Generation Will Top 2018 Capacity Additions
The U.S. Energy Information Administration’s (EIA’s) latest report on the nation’s power generation inventory expects 32 GW of new capacity will enter commercial service this year, the most in at least at decade. And for the first time in five years, renewable energy sources will not make up the majority of that new generation. Nearly […]
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T&D
Facing a Supply Crunch, ERCOT to Revamp Reserve Margin Targets
The Electric Reliability Council of Texas (ERCOT) on April 30 updated its summer 2018 planning reserve margin to 11% based on resource updates, but it warned that the regional grid serving most of Texas could still suffer rotating outages under extreme conditions. In its final Seasonal Assessment of Resource Adequacy (SARA) report for the upcoming […]
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Solar
Solar Industry Celebrates Record Breaking Q2
The solar industry enjoyed its largest second quarter in history, the Solar Energy Industries Association (SEIA) announced, kicking off the annual Solar Power International (SPI) conference in Las Vegas. In the latest U.S. Solar Market Insight Report, GTM Research and SEIA found that in Q2 2017, the industry installed 2,387 MW of solar photovoltaics (PV), […]
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O&M
ISOs, RTOs Outline Winterization Efforts
In presentations to the Federal Energy Regulatory Commission (FERC), the nation’s regional transmission organizations (RTOs) and independent system operators (ISOs) on Sept. 17 outlined measures they are taking to prevent issues if faced with extreme weather this winter. The measures are to prevent widespread generation outages as occurred during the Jan. 6–7, 2014, polar vortex. […]