Monitoring Analytics LLC, the independent market monitor for PJM Interconnection LLC, filed a complaint against the grid operator for determining not to assess a penalty to a market participant who violated the fuel cost policy, according to a Dec. 28 filing with the Federal Energy Regulatory Commission. The market monitor said that the violation occurred on…...
The Federal Energy Regulatory Commission on Dec. 31 authorized NJR Clean Energy Ventures II Corporation to sell its interests in four wind energy projects totaling 117 megawatts to SRIV Partnership LLC. NJR Clean Energy said that the $208.5 million transaction completes the sale of all its operating wind facilities. In June, the company sold a…...
The Minnesota Public Utilities Commission authorized Minnesota Power’s 20-year power purchase agreement with Tenaska Inc. for 250 megawatts of wind-generated power, according to a Dec. 20 press release. The energy would be supplied by the proposed Nobles 2 facility in Nobles County along Buffalo Ridge expected to come online in October 2020. The contract, which…...
The New Jersey Department of Environmental Protection proposed to set an initial carbon dioxide cap at 18 million tons in 2020 for the electricity generation sector when the state officially becomes a member of the Regional Greenhouse Gas Initiative, the nation’s first mandatory cap-and-trade program to reduce greenhouse gas emissions, according to a Dec. 17…...
