PJM Interconnection LLC filed revisions with the Federal Energy Regulatory Commission for market rules that would provide greater flexibility for energy storage resources participating in the wholesale market to manage system operations when charging, discharging or providing continuous electrical service across their full dispatchable range. PJM said the proposal includes modifications, where necessary, to the capacity, energy…
DetailsThe New York Independent System Operator Inc. on Dec. 7 released a plan outlining a design to internalize the social cost of carbon dioxide emissions in the wholesale electricity markets. The plan would use a carbon price in dollars per ton of emissions, proposing a net cost of $40.74 per ton in 2020. The proposal would require suppliers to include the charges in their energy offers, allowing the price to…
DetailsPJM Interconnection expects to have 185,611 megawatts of resources available to meet the forecasted peak demand of 135,506 megawatts, according to a Dec. 5 press release. The grid operator said its system is ready to meet needs despite a “less-certain winter weather forecast,” noting that climate models indicate a warmer season but similar studies point…
DetailsThe U.S. Energy Department issued a request for proposal for innovative designs to build coal-fired plants as part of its new “Coal FIRST” initiative which envisions future plants to be “Flexible, Innovative, Resilient, Small and Transformative.” As part of the solicitation, the department encourages teaming arrangements involving engineering companies, technology developers, equipment manufacturers, and end…
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