pjm
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News
NRG Will Close 3 Coal Plants After Poor Auction Results
NRG Energy Inc. said it will retire three coal-fired power plants—two in Illinois and one in Delaware—next year after disappointing results in the May 2021 capacity auction for the PJM Interconnection. NRG during its June 17 investor day presentation said about 1.6 GW of coal-fired generation would be closed, including the 682-MW Waukegan and 510-MW […]
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Markets
Competition, Not Outdated Monopoly Models, Key to Meeting Tomorrow’s Challenges
The past year and a half has been, to put it mildly, a weird time. Americans have grappled with the COVID-19 crisis, as well as with the associated economic fallout that revealed cracks in a number of our nation’s workforce and social systems. But recent years have also exposed the significant flaws in parts of […]
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Markets
FERC Regains Full Five Members as Regulatory Fights Loom
The U.S. Senate on Nov. 30 confirmed Federal Energy Regulatory Commission (FERC) nominees Allison Clements and Mark Christie, filling out all five seats at the helm of the federal energy regulator with a bipartisan panel for the first time in nearly two years. Clements, a Democrat, replaces former Commissioner Cheryl LaFleur for a term that […]
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Fuel
The Bittersweet Power of Hybrids
A quest for reliability and flexibility is driving significant interest in hybrid and co-located resources, but their widespread integration could hinge on how they are defined and valued in wholesale
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Legal & Regulatory
In Search of Middle Ground Between State Public Policy and Federal Regulation
The tension between state and federal lawmakers is ages old, with a history marked by periods of outright assault or relative peace. On Dec. 19, 2019, the quiet in the energy sector was broken by an order from
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News
FERC Order Backs Grid Market for DERs
The Federal Energy Regulatory Commission (FERC) issued an order that advocates for distributed energy resources (DERs) say will enable DERs, including renewable energy such as solar, wind, and battery storage, to compete on a more-level playing field in the organized capacity, energy, and ancillary services markets run by regional grid operators. FERC Order No. 2222, […]
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Nuclear
FERC Rejects NYISO’s Capacity Market Plan, Creating Consternation
The Federal Energy Regulatory Commission’s (FERC’s) ruling on Sept. 4, 2020, rejected, in a three-to-one decision, the New York Independent System Operator’s (NYISO) proposal to change its capacity market rules, ostensibly intended to support, among other things, New York and New Jersey’s ambitious, and some say, unattainable renewable goals. The action comes directly on the […]
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News
New Jersey Opens Solicitation to Triple Offshore Wind Commitment, Outlines Pathway to 7.5 GW by 2035
New Jersey on Sept. 9 opened a second state offshore wind solicitation that could triple its committed capacity from 1.1 GW to 3.5 GW. The state this week also laid out a final strategy for how it will achieve its November 2019–expanded offshore wind target of 7.5 GW by 2035. New Jersey’s five-member Board of […]
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Hydrogen
Mitsubishi Power Snags Hydrogen Integration Contracts for 2 GW of New Gas Power
Three major gas-fired power projects—a total of 2.1 GW—in Eastern competitive markets that are slated to come online between 2023 and 2025 have chosen hydrogen pathways to ensure their long-term viability as states increasingly emphasize energy system decarbonization. The plants, which represent a total investment of $3 billion, will adopt integrated green hydrogen solution packages […]
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News
FRR: Will it Uproot PJM and the Organized Capacity Markets?
It’s an article of faith in large parts of the U.S.—at least among power industry people—that organized and Federal Energy Regulatory Commission (FERC)–regulated “merchant” interstate power markets are the best way to ensure a sufficient supply of electricity, as well as to ensure fair and equitable prices for ratepayers. On that basis, large areas of […]