PJM Interconnection LLC’s Board of Managers has approved a proposal aimed to reform the minimum offer price rule, or MOPR, in the regional capacity market that PJM operates across 13 states and the District of Columbia. Out of nine proposals presented by the grid operator and its stakeholders, the board selected PJM’s proposal finding that…...
States are exploring ways to utilize the multiple benefits that energy storage provides to the grid, from enabling the increased penetration of renewable resources and reducing dependence on emitting generation, to bolstering reliability.
The Federal Energy Regulatory Commission has announced that it will reexamine whether demand response participation in wholesale energy markets as a component of distributed energy resource, or DER, aggregations should be subject to state opt-out rules. The move sets aside the agency’s determination in Order No. 2222-A, issued in March, that the opt-out provision does…...
Legislation enacted across U.S. states so far in 2021 reflects the evolving discussion around a wide range of policies ranging from accelerating the transition to cleaner energy and strengthening emissions reduction targets, to enhancing grid resilience, and preempting municipal natural gas bans. Delaware enacted legislation to increase the state’s renewable portfolio standard (RPS) for regulated…...
Texas Governor Greg Abbott, a Republican, signed legislation on June 8, calling for comprehensive reforms aimed to prevent the recurrence of the mid-February winter storm event that caused widespread power outages across the state. Among the key provisions, the bill addresses winterization of power and gas facilities, establishes a power outage alert system, and establishes…...
The long-awaited capacity market auction of PJM Interconnection LLC for the 2022-2023 delivery year cleared at $50 per megawatt-day, which is 64 percent lower than the 2018 auction and the lowest in almost a decade. This is the first auction to be conducted by the nation’s largest grid operator under the expanded minimum offer price rule (MOPR) resulting from a 2019 order by the Federal Energy Regulatory Commission.
Grid modernization endeavors are progressing at a fast pace as states explore solutions to advance clean energy and climate goals while effectively meeting customer needs. Modernizing the grid is necessary to support the integration of additional levels of renewables, leverage customer-sited resources to participate in grid operations, and empower consumers with more choices for electric service.
Changing power sector trends driven by mandates and goals to achieve carbon-free electricity have renewed interest in the future role of hydropower. As the target years draw near, large-scale hydropower offers an attractive solution to contribute to the evolving generation mix.
A recent ransomware attack that shut down the Colonial Pipeline system, which supplies nearly half the fuel consumed on the East Coast, has elevated concerns about the use of cyberattacks to paralyze key infrastructure. The incident is the latest example of intrusions exposing U.S. cyber vulnerabilities, calling for stronger measures to secure the nation’s energy pipelines and critical infrastructure against increasingly sophisticated and malicious attacks.
Options to sustain the existing nuclear generation fleet have resurfaced as states reevaluate their resource portfolios to expedite the transition to carbon-free energy. Policy support for the resource emerged as a means to stave off plant closures in the face of economic challenges, by rewarding its fuel diversity and zero-carbon attributes.
Washington is moving expeditiously to implement rules and strategies as the state seeks to achieve carbon-free electricity by 2045 and reduce emissions to net zero by 2050. The state is advancing multiple measures ranging from resource planning rules to establishing a carbon cap-and-trade program, and strengthening auto-emission standards.
Texas state lawmakers are exploring solutions to address the issues faced during and after the mid-February winter storm event that caused widespread outages across the state. California, which faced a similar predicament due to an unprecedented heatwave in August 2020, albeit smaller in scale and severity, has advanced measures to ensure reliability this summer.