Texas Grid Operator Prepared to Meet Record Electricity Demand This Summer

The Electric Reliability Council of Texas Inc. expects more than 82,400 megawatts of resource capacity to be available to meet the projected peak demand of 76,696 megawatts for the upcoming summer season from June through September, according to a March 5 announcement. The preliminary summer assessment anticipates record electric use this summer, with grid operations…

New England Forward Capacity Auction Clears at Record-Low Prices

The ISO New England Inc.’s annual forward capacity auction closed at a clearing price of $2.00 per kilowatt-month, the lowest in the auction’s history, according to a Feb. 5 news release. The closing price was about 47 percent lower than the last year’s auction, which valued capacity at $3.80 per kilowatt-month. The primary auction received…

Maryland Regulator Appeals FERC Capacity Market Order Citing Potential to Frustrate State Clean Energy Efforts

The Maryland Public Service Commission requested rehearing of the Federal Energy Regulatory Commission’s order issued last December to revamp PJM Interconnection LLC’s capacity market rules, according to a Jan. 21 news release. The ruling would expand the minimum offer price rule, or MOPR, to new or existing resources entitled to state subsidies, with certain exemptions.…

EnerKnol Year Ahead: Five Must-Watch Power Sector Trends for 2020

State measures are transforming the way utilities procure energy in light of continued growth in intermittent large-scale energy, customer-sited generation, and clean energy commitments. Competition among U.S. states eager to take the lead in the nation’s nascent offshore wind sector is bringing the industry to new highs. Battery storage is poised for strong growth with the…...

Southwest Power Pool’s New Strategic Market Roadmap Seeks to Enhance Transparency

Southwest Power Pool Inc., the grid operator for 14 states in the central U.S., launched a new roadmap process to improve the way in which the grid operator and its stakeholders collaborate on proposed changes to its day-ahead and real-time electric markets, according to a Dec. 11 news release. The process adds more transparency, giving…

Southwest Power Pool Expands Reliability Coordination Service to Western Interconnection

The Southwest Power Pool Inc., the grid operator for 14 states in the central U.S., launched its western reliability coordination service for almost a dozen western entities, according to a Dec. 3 news release. The launch makes SPP the first regional transmission organization to provide the service in both the Eastern and Western Interconnections. The…

FERC Lowers Midwest Transmission Owners’ Return on Equity Rates Using New Methodology

The Federal Energy Regulatory Commission on Nov. 21 established a new method to determine the return on equity, or ROE, for setting jurisdictional rates charged by public utilities. The agency applied the new process in complaint proceedings against the transmission owners of Midcontinent Independent System Operator, concluding that their existing 12.38 percent ROE was unjust…

New York Grid Operator Prepared to Meet Winter Electricity Needs

The New York Independent System Operator Inc. has adequate supplies to meet the projected demand for electricity and maintain necessary operating reserves during the 2019-20 winter, according to a Nov. 21 news release. The power system is expected to have a total resource capacity of 43,346 megawatts including generation, imports, and demand response this winter.…

PJM Ready to Meet Warmer-Than-Average Winter Electricity Needs

PJM Interconnection LLC and its members are prepared to meet the forecasted winter electricity demand across 13 states and the District of Columbia, according to a Nov. 7 press release. The nation’s largest grid operator forecasts peak demand at around 134,000 megawatts this winter compared to the grid operator’s all-time winter peak of 143,434 megawatts, which…

Texas Grid Operator Prepared to Meet Winter, Spring Peak Demand

The Electric Reliability Council of Texas Inc. expects more than 82,000 megawatts of resource capacity to be available to meet the system-wide projected peak demand of 62,257 megawatts for the upcoming winter season from December through February 2020, according to a Nov. 7 announcement. The final resource adequacy assessment for winter season 2019-20 includes 136…

Western Power Market Delivers $800 Million in Benefits Over Five Years

The Western Energy Imbalance market generated about $65 million in savings in the third quarter of this year, with total benefits reaching about $801 million since its launch in November 2014, according to a Nov. 1 press release from the California Independent System Operator Corporation. The energy imbalance market is an automated system that secures…