Mid-Atlantic Grid Operator Seeks to Accommodate State Subsidies

Mid-Atlantic Grid Operator Seeks to Accommodate State Subsidies

EnerKnol Research Reports, Power & Utilities, PRODUCTS, Wholesale Markets

PJM Interconnection has unveiled its capacity repricing proposal aimed at accommodating subsidized resources while preserving price integrity in the capacity market. The grid operator said its proposal would meet state goals, unlike an alternative plan that would extend the minimum offer price rule to both new and existing resources (MOPR-Ex), in effect cancelling out the state subsidies. The move echoes a national trend towards reforming competitive electricity markets to ease tensions between their resource adequacy constructs and state policies.

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Mid-Atlantic Grid Operator Seeks to Accommodate State Subsidies

EnerKnol’s Visual Primer – Mid-Atlantic Grid Operator Seeks to Accommodate State Subsidies

EnerKnol Research Reports, EnerKnol Visual Primer, Power & Utilities, PRODUCTS, Wholesale Markets

PJM Interconnection has unveiled its capacity repricing proposal aimed at accommodating subsidized resources while preserving price integrity in the capacity market. The grid operator said its proposal would meet state goals, unlike an alternative plan that would extend the minimum offer price rule to both new and existing resources (MOPR-Ex), in effect cancelling out the state subsidies. The move echoes a national trend towards reforming competitive electricity markets to ease tensions between their resource adequacy constructs and state policies.

Historic Federal Tax Cuts Bring Utility Rates Under Scrutiny

Historic Federal Tax Cuts Bring Utility Rates Under Scrutiny

EnerKnol Research Reports, Power & Utilities, PRODUCTS, Smart Grid

Dozens of states want utilities to lower rates for electricity and natural gas services following the recently enacted federal tax law which slashed the corporate income tax rate to 21 percent from 35 percent at the start of the year. Sixteen states and consumer advocates wrote to the Federal Energy Regulatory Commission requesting prompt action for the cuts to be extended to customers, while 20 states are mulling rate changes tied to the new tax law.

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Historic Federal Tax Cuts Bring Utility Rates Under Scrutiny

EnerKnol’s Visual Primer – Historic Federal Tax Cuts Bring Utility Rates Under Scrutiny

EnerKnol Research Reports, EnerKnol Visual Primer, Power & Utilities, PRODUCTS, Smart Grid

Dozens of states want utilities to lower rates for electricity and natural gas services following the recently enacted federal tax law which slashed the corporate income tax rate to 21 percent from 35 percent at the start of the year. Sixteen states and consumer advocates wrote to the Federal Energy Regulatory Commission requesting prompt action for the cuts to be extended to customers, while 20 states are mulling rate changes tied to the new tax law.

Five Power Industry Trends to Watch in 2018

Five Power Industry Trends to Watch in 2018

EnerKnol Research Reports, Power & Utilities, PRODUCTS, Smart Grid

Over the past five years, the power industry has evolved at a faster pace because of several simultaneous trends reflecting a broader shift from coal to natural gas and renewables. The changing fuel mix, growth in renewables, and evolution of distributed energy resources are among the key causes catalyzing this transformation. In 2018, most of these trends are expected to continue or accelerate.

This content requires that you purchase additional access. The price is $99.00.

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Five Power Industry Trends to Watch in 2018

EnerKnol’s Visual Primer – Five Power Industry Trends to Watch in 2018

EnerKnol Research Reports, EnerKnol Visual Primer, Power & Utilities, PRODUCTS, Smart Grid

Over the past five years, the power industry has evolved at a faster pace because of several simultaneous trends reflecting a broader shift from coal to natural gas and renewables. The changing fuel mix, growth in renewables, and evolution of distributed energy resources are among the key causes catalyzing this transformation. In 2018, most of these trends are expected to continue or accelerate.

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New York Grid Operator Counts on Natural Gas to Replace Indian Point Nuclear Capacity

EnerKnol Research Reports, Nuclear Power, PRODUCTS, Renewables

The New York Independent System Operator says the deactivation of the Indian Point nuclear plant in 2021 will not affect system reliability if approximately 1,800 MW of gas-fired generation come online as planned. Competition from cheap natural gas and Westinghouse reactor design failure have caused nuclear operators and developers to retire their plants early and cancel new projects. Amid state and federal actions to help nuclear power plants remain operational in the face of financial pressures, it remains to be seen whether advanced technologies bring a resurgence and expansion.

New York Grid Operator Counts on Natural Gas to Replace Indian Point Nuclear Capacity

EnerKnol’s Visual Primer – New York Grid Operator Counts on Natural Gas to Replace Indian Point Nuclear Capacity

EnerKnol Research Reports, EnerKnol Visual Primer, Nuclear Power, PRODUCTS, Renewables

The New York Independent System Operator says the deactivation of the Indian Point nuclear plant in 2021 will not affect system reliability if approximately 1,800 MW of gas-fired generation come online as planned. Competition from cheap natural gas and Westinghouse reactor design failure have caused nuclear operators and developers to retire their plants early and cancel new projects. Amid state and federal actions to help nuclear power plants remain operational in the face of financial pressures, it remains to be seen whether advanced technologies bring a resurgence and expansion.

New York Grid Operator Unveils Plan for Energy Storage Participation in Wholesale Markets

New York Grid Operator Unveils Plan for Energy Storage Participation in Wholesale Markets

Energy Storage, EnerKnol Research Reports, Power & Utilities, PRODUCTS

The New York Independent System Operator has unveiled a proposal for full participation of energy storage in the state's wholesale electricity markets by 2023. The grid operator envisions storage as a vital tool for managing the growing penetration of intermittent and distributed energy resources (DERs). Recently, several other states have turned to storage as a way of solving the intermittency of DERs, delivering more dynamic energy services, and addressing peak demand challenges.

New York Grid Operator Unveils Plan for Energy Storage Participation in Wholesale Markets

EnerKnol’s Visual Primer – New York Grid Operator Unveils Plan for Energy Storage Participation in Wholesale Markets

Energy Storage, EnerKnol Research Reports, EnerKnol Visual Primer, Power & Utilities, PRODUCTS

The New York Independent System Operator has unveiled a proposal for full participation of energy storage in the state's wholesale electricity markets by 2023. The grid operator envisions storage as a vital tool for managing the growing penetration of intermittent and distributed energy resources (DERs). Recently, several other states have turned to storage as a way of solving the intermittency of DERs, delivering more dynamic energy services, and addressing peak demand challenges.

Texas Grid Operator Looks to Bolster Energy Prices Amid Renewables Influx

Texas Grid Operator Looks to Bolster Energy Prices Amid Renewables Influx

EnerKnol Research Reports, Power & Utilities, PRODUCTS, Wholesale Markets

The Public Utility Commission of Texas is examining reforms to price formation in the Electric Reliability Council of Texas (ERCOT) energy-only market over concerns of low prices. The proceeding stems from a whitepaper on shortcomings caused by subsidized renewables and other factors expected to interfere with investment decisions and undermine market sustainability. The ERCOT proceeding highlights the ongoing national discussion over the role of organized electricity markets in ensuring fuel diversity and system reliability through pricing mechanisms.

Texas Grid Operator Looks to Bolster Energy Prices Amid Renewables Influx

EnerKnol’s Visual Primer – Texas Grid Operator Looks to Bolster Energy Prices Amid Renewables Influx

EnerKnol Research Reports, EnerKnol Visual Primer, Power & Utilities, PRODUCTS, Wholesale Markets

The Public Utility Commission of Texas is examining reforms to price formation in the Electric Reliability Council of Texas (ERCOT) energy-only market over concerns of low prices. The proceeding stems from a whitepaper on shortcomings caused by subsidized renewables and other factors expected to interfere with investment decisions and undermine market sustainability. ERCOT proceeding highlights the ongoing national discussion over the role of organized electricity markets in ensuring fuel diversity and system reliability through pricing mechanisms.