ferc
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News
FERC, NARUC Want Utility Workers Designated as ‘Essential’
Two agencies aligned with the power generation industry, including the group representing state public service commissioners who regulate utility services, including energy, telecommunications, and water, are asking state regulators to designate utility company workers as essential to the nation’s critical infrastructure during the COVID-19 pandemic. The Federal Energy Regulatory Commission (FERC) and the National Association […]
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News
Solar Drives Down Price for ISO-NE Power
Silicon Valley-based SunPower on March 16 said it has secured grid capacity for about 11 MW of power after a winning bid in ISO New England’s 14th Forward Capacity Auction (FCA), in which companies predict the cost of making power in 2023. The auction, which closed in February, saw a record low price of $2 […]
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News
Energy Groups Make Plans to Deal with Coronavirus; EEI Issues Bulletin
The Edison Electric Institute (EEI), whose membership includes all investor-owned U.S. power companies, has told its members to prepare contingency plans for their operations due to the COVID-19 pandemic. Several U.S. grid operators already have announced measures designed to keep employees as safe as possible, while maintaining the reliability of the nation’s power supply. The […]
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Markets
Gas-Heavy ISO-New England Braces for Steep Influx of Wind, Solar, Storage
While it is currently highly dependent on natural gas generation today, about 95% of ISO-New England’s (ISO-NE’s) interconnection request queue—a proposed total capacity of 20.9 GW—comprises wind, solar, and battery projects. That clearly indicates that developers in New England’s wholesale market “are looking to take advantage of state incentives, declining technology costs, and revenues from […]
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Fuel
GE Achieves Battery-Enabled Blackstart of Heavy Duty Gas Turbine
General Electric (GE) has for the first time achieved blackstart of a GE heavy-duty gas turbine using battery energy storage. The company announced on Feb. 26 it completed black start of a GE 7F.03 gas turbine at a 150-MW simple-cycle unit at Entergy Louisiana’s Perryville Power Station using a 7.4-MW battery-based energy storage system. The […]
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Commentary
Energy Storage—Operational Versatility Causes a Regulatory Identity Crisis
The next decade could belong to energy storage. Project development costs are dropping. Enhanced state and corporate focus on climate-related issues is producing more opportunities for renewable generation and
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News
FERC Approves New Cybersecurity, Transmission Reliability Standards
The Federal Energy Regulatory Commission (FERC) on Jan. 23 approved two new reliability standards related to transmission system planning performance and cybersecurity. However, it also proposed to retire 74 reliability standard requirements, which it deemed duplicative or unnecessarily burdensome. Among the spate of actions it took on Thursday, FERC also green-lighted retaining the North American […]
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Commentary
Structural Effects of Climate Change on the Utility Business
Developers and other sellers of electricity have traditionally viewed utilities as creditworthy counterparties. Utilities are longstanding institutions that provide a public service and receive a regulated
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News
Mixed Reactions to FERC’s Recent MOPR Order from Power Generators
On Dec. 19, the Federal Energy Regulatory Commission (FERC) directed PJM Interconnection to dramatically expand its Minimum Offer Price Rule (MOPR) to nearly all state-subsidized capacity resources, including renewables backed by state portfolio standards. It’s the latest of a series of dramatic revisions to the grid operator’s rule, which essentially functions to provide a minimum […]
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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 […]