power markets
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Energy Storage
We Don’t Have to Wait for Real-Time Markets to Bid Renewable Power Onto the Grid
Growing the amount of renewable power that’s available on the grid is equally as crucial for the energy transition as the ability to generate power from renewable sources. Fossil fuels continue to have the advantage because of market-bidding protocols that place their power on wholesale energy markets across the country, making it widely available to […]
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Commentary
FERC Order Opens Wholesale Power Markets to DERs
The Federal Energy Regulatory Commission (FERC) in September issued Order 2222, a final rule to remove barriers for distributed energy resource (DER) aggregators to participate in the wholesale capacity
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Interview
The POWER Interview: Powering Through a Pandemic
It’s an unprecedented time for power generators worldwide. Utilities, grid operators, equipment manufacturers, and others working to keep the lights on know that a reliable supply of electricity is more important than ever as the world battles through the coronavirus pandemic. Dino Barajas, who recently joined the finance arm of DLA Piper in Los Angeles, […]
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Commentary
Designing an Electric Power System from Scratch
The Smart Electric Power Alliance (SEPA) launched its 51st State Initiative in 2014 with a simple question: What if there were no predefined electricity market? No rules. No market designs. No policies. No subsidies for any type of energy resource. Just a grid to deliver electric power from a variety of sources. And customers. Plenty […]
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Legal & Regulatory
Obama Administration’s Environmental Rules to Leave Lasting Legacy on Power Sector, Markets
Witnesses at a Congressional hearing raised concerns about the complexity, costs, legality, and feasibility of the 3,900 final rules published by the Environmental Protection Agency (EPA) during the Obama administration. A large portion of those rules affect the power sector, but none are more contentious than the Clean Power Plan, regulatory and citizen interest experts […]
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Legal & Regulatory
Byron, Three Mile Island Nuclear Plants at Risk, Exelon Says
Fresh on the heels of its decision to finally move ahead with the long-anticipated retirements of the Quad Cities and Clinton nuclear plants in Illinois, Exelon officials told an Iowa newspaper that its Byron and Three Mile Island (TMI) plants face the same challenges and could be forced into retirement without changes to markets and […]
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Commentary
Power Industry Policy Flip-Flops
When I started working in the energy industry in 1999, I had a conversation one day with Adam, a researcher who was writing a report for utilities that were marketing “green energy” programs. At the time, customers’ ability to purchase solar- or wind-generated electrons was limited to fewer utilities, and those companies were looking for […]
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Finance
European Power Markets Force Changes at RWE, E.ON, and Vattenfall
Persistently low prices on the wholesale electricity market are forcing RWE—the third-largest electricity provider in Europe, serving 16 million customers—to consider dismantling some gas-fired power plants and shipping them abroad, Dr. Rolf Martin Schmitz, RWE’s COO, told Reuters in an interview. The German-based company has been struggling for awhile. In August 2014, RWE announced that […]
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Legal & Regulatory
Texas and Germany: Energy Twins?
Geographically and politically, Texas and Germany are on opposite sides of the world, but both believe strongly in competitive energy markets, and both have largely deregulated their power industries. Now both are reconsidering their market designs. Its easy to think that Germany and Texas could not be more different. One is northern, cold, and Old […]