pjm

The Texas-based company that owns a coal-fired power plant in Maryland announced it will retire the facility’s three generating units, which have been in operation for about 60 years. GenOn Holdings said Units 1, 2, and 3 at its Dickerson Generating Station will be closed due to “unfavorable economic conditions and increased costs associated with […]

PJM Interconnection, the nation’s largest regional transmission organization (RTO), is intensifying its response to the COVID-19 pandemic, preparing campuses for worker sequestration and closely coordinating with generators and transmission owners across its system as they grapple with workforce and supply impacts. Although most of PJM’s employees—with the exception of system operators and other essential personnel—are […]

The New York Independent System Operator (NYISO), one of the nation’s nine regional transmission organizations (RTOs) that operate the power grid, now has some of its staff living at two of its control  centers in suburban Albany, New York. The move comes as other RTOs and utilities consider having staff shelter-in-place at their respective operations […]

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 […]

PJM Interconnection will not run a base residual auction (BRA) until the Federal Energy Regulatory Commission (FERC) approves recalculated Minimum Offer Price Rule (MOPR) floor prices for new and existing resources as directed by the federal entity’s ground-shaking Dec. 19 capacity market order. But when that will occur is still highly uncertain. In a presentation […]

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 […]

Attorneys general from 11 states ramped up pressure on the Federal Energy Regulatory Commission (FERC) to recognize state policy goals as it makes decisions related to market design, siting of new gas pipelines and storage facilities, and grid reliability.  The measure is the latest in a string of recent pushes by states to ensure federally […]

The energy storage market received a boost Oct. 17 when the Federal Energy Regulatory Commission (FERC) approved the first two compliance filings implementing Order 841, a rule the commission said is designed to eliminate market barriers to electricity storage. Order 841 was enacted in February 2018. The measure directs regional power grid operators to establish […]

To endure a highly competitive and rapidly changing marketplace, Invenergy made the bold choice as it developed the 1,480-MW Lackawanna Energy Center in Jessup, Pennsylvania, to pair a first-of-its-kind

Venture capital investments in battery storage companies and projects rose significantly year-over-year through the first six months of 2019, according to a report from Mercom Capital Group. That level of activity is consistent with the growth in energy storage noted by speakers on July 24 at the Storage Week Plus conference in San Francisco, California. […]

The U.S. Supreme Court’s refusal to reconsider industry-led challenges to state nuclear subsidy programs in New York and Illinois leaves the contentious matter to the Federal Energy Regulatory Commission (FERC).  The high court on April 15 declined to accept petitions for review of decisions by the Second Circuit and Seventh Circuit, dealing a major blow […]

PJM Interconnection said it will hold its 2022–2023 capacity auction under current market rules on Aug. 14, 2019, though the Federal Energy Regulatory Commission (FERC) has yet to issue a decision on the grid operator’s plan to revamp its Minimum Offer Price Rule (MOPR). In an April 10 filing, however, PJM asked FERC to clarify that […]

Brutally cold temperatures in the midwestern and northeastern U.S. spurred grid operator alerts as natural gas demand has surged, power prices have soared, and there have been forced generator outages.  The polar vortex, an extreme cold event characterized by back-to-back cold fronts, has so far prompted states of emergency in Wisconsin, Illinois, and Michigan. On […]

The Tenaska Westmoreland Generating Station began commercial operation on Dec. 21, the latest natural gas-fired facility to enter the PJM market. The 940-MW Tenaska plant, located near Smithton in South Huntingdon Township in Westmoreland County in southwest Pennsylvania, was built in just more than two years, though its planning and permitting process took several years […]

Fuel delivery systems in PJM Interconnection’s vast footprint can generally withstand an extended period of stress and remain reliable, though extreme scenarios could impact the grid, the nation’s largest system operator concluded in a high-profile study.  PJM, whose system covers 13 states and 65 million people, launched the study this May as the federal government, […]

Despite significant milestones to become a fully regulated utility, FirstEnergy Corp. on October 25 reported third-quarter losses of $512 million on revenue of $3.1 billion. The results largely reflect charges related to the court-approved settlement in the bankruptcy cases of its competitive subsidiaries FirstEnergy Solutions (FES) and FirstEnergy Nuclear Operating Co. (FENOC), the company said. […]

FirstEnergy on October 18 said its coal-fired Pleasants Power Station in West Virginia will stay open until June 2022, after earlier announcing the plant would close in January of next year. FirstEnergy spokeswoman Jennifer Young said, “Keeping Pleasants in operation … allows the plant to fulfill current capacity obligations and provides additional time for evaluation […]

The Seventh Circuit Court of Appeals has declined to rehear a case that challenges nuclear subsidies in Illinois, effectively dealing a blow to a group of competitive generators, which have fought the measure for several years. In an order issued on October 9, the appellate court said its full judicial panel had voted to deny […]

In a 3–2 decision, the Federal Energy Regulatory Commission (FERC) rejected approaches filed by PJM Interconnection to reform its capacity market, whose integrity and effectiveness has been increasingly and “untenably threatened” by state subsidies for preferred generation resources, the federal regulatory body acknowledged. The June 29 order sharply divided the commission, prompting Democrat Commissioners Cheryl LaFleur […]

President Trump wants to provide financial support to struggling coal and nuclear power plants. He’s told the Department of Energy (DOE) to make it happen. But a bipartisan group of lawmakers on Capitol Hill, along with commissioners from the Federal Energy Regulatory Commission (FERC), made it clear June 12 they don’t support federal government intervention […]

The Trump administration’s attempt to prop up uneconomic “fuel secure” generators in competitive markets is just the latest in a string of recent “extra-market” interventions that experts said imperil independent organized markets for electricity. In a recent white paper, Raymond Gifford and Matthew Larson, energy partners at Wilkinson Barker Knauer LLP, said the restructured administrative […]

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 […]

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 […]

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 […]

WASHINGTON (May 3, 2018) — A new report released today by IHS Markit outlines the severe grid resiliency, environmental and financial consequences for customers served by the PJM Interconnection Energy Market (PJM) that will likely result from uneconomic nuclear plant closures. PJM operates the world’s largest competitive wholesale electricity market and coordinates the movement of wholesale electricity […]

The operator of the nation’s largest electrical grid on April 30 reiterated its system will remain reliable even with the retirements of substantial generation resources. But PJM Interconnection, whose system covers customers in 13 states, said it will conduct a review of its operations over the next several months “to understand the fuel-supply risks in […]

The “bomb cyclone,” a winter storm that descended on much of the eastern U.S. from December 27, 2017, to January 8, 2018, renewed the raging debate about resiliency and prompted flashbacks of the “polar vortex,” a similar deep freeze that transpired in January 2014 and was compounded by the loss of 82 GW nationwide for various reasons. […]

Data from regional transmission organization (RTO) PJM Interconnection shows about 630 MW of power generation will be taken offline in the grid operator’s territory in April, with more than 3,600 MW scheduled to be retired this year, according to the organization’s website. This month’s deactivations are scheduled to begin April 16. Last week, Ohio power […]

A day after FirstEnergy Corp.’s competitive arm notified PJM Interconnection it would close four uneconomic nuclear units—a total of 4 GW—in Ohio and Pennsylvania between 2020 and 2021, it urged Energy Secretary Rick Perry to issue an emergency order directing the regional transmission organization (RTO) to secure nuclear and coal capacity for long-term reliability. FirstEnergy […]

To remain competitive in power markets increasingly characterized by disruptions, NRG Energy plans to accelerate its transition from a pure independent power producer (IPP) model to a more simplified customer-driven integrated power model that favors its retail businesses. In a number of presentations showcased on March 27 as part of NRG’s 2018 Analyst Day, company […]