April 2018
MISO’s Energy Storage Task Force will now add to its to-do list storage-related aspects of the recently issued FERC Order 845.
A bill that would allow utilities to recover wildfire costs if they conform to state-regulated safety plans moved through the California legislature, but it faces opposition from some who say it lets utilities off the hook.
Although FERC has required almost all new generating units to provide primary frequency response (PFR), PJM stakeholders are strongly opposing any move by the RTO to require existing units to follow suit.
South Carolina legislators continue to maneuver as if there is some room to negotiate the terms of a deal to sell SCANA to Dominion, but Dominion CEO Thomas Farrell emphatically rejected that presumption on a conference call to discuss the company’s Q1 2018 earnings.
Stakeholders plowed through several hours of material at a special PJM Planning Committee session on whether the RTO should include cost containment provisions in its analysis of competitive bids for new transmission.
The SPP RSC (Regional State Committee) approved the scope for a study of cost allocation in wind-rich areas, a problem that grows along with the RTO’s wind generation.
Western Energy Imbalance Market (EIM) leaders on Tuesday approved rule changes that would allow EIM balancing areas to manually adjust load forecasts during market operations to ensure the grid can support system conditions.
The energy trading arm of Public Service Enterprise Group (PSEG) agreed to pay $39.4 million to settle a FERC investigation into violations of PJM energy market bidding rules over 9 years.
While MISO says it’s ready for a warmer-than-normal summer, officials cautioned that operators will likely lean on demand response (DR) resources to manage loads during the season.
NextEra Energy beat analysts’ expectations and shattered last year’s first-quarter (Q1 2018) performance, reporting earnings Tuesday of $4.4 billion and $9.32/share, up from $1.6 billion and $3.37, respectively.
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