October 17, 2024

Energy Market

Lack of Carbon Pricing Distorting RTO Markets, CEOs, Ex-Regulator Say
RTO markets are being distorted because of policymakers’ carbon pricing failures, two RTO CEOs and a former FERC & PA PUC commissioner told a NY Energy Week audience.
Court’s Reticence Frustrates Energy Bar
A panel of attorneys at the Energy Bar Association (EBA) Annual Meeting discussed recent Supreme Court rulings in three state-federal jurisdictional cases.
FERC Ended Audit Without Talking to Key Witness
FERC effectively ended their 13-month inquiry of the SPP audit of MMU's independence without interviewing Oversight Committee Joshua W. Martin III.
Low Gas Prices, Increased Solar Undercut CAISO 2015 Power Costs
CAISO's Department of Market Monitoring reported that solar power surpassed wind in 2015, becoming the largest source of renewable generation.
Berkshire Market-Based Sales Restricted in 4 Western BAAs
FERC  revoked authorization for Berkshire Hathaway Energy subsidiaries to sell wholesale power at market-based rates in four  balancing authority areas.
Lawyers Take an Economics Class: Capacity Markets vs. Scarcity Pricing
Four Ph.Ds. joined in a tag-team debate on the virtues of scarcity pricing versus capacity markets in a panel discussion cum economics seminar at the Energy Bar Association’s Annual Meeting.
ERCOT IMM: Low Gas Prices Reduce Costs, Revenue
Cheap natural gas pushed ERCOT's energy costs and congestion revenue to record lows in 2015, the IMM reported in his state of the market report.
ERCOT to Keep NRG’s Greens Bayou Plant Running for Summer
ERCOT said it has executed a reliability-must-run agreement to keep NRG's Greens Bayou 371-MW natural gas-fired generator available through September.
FERC Approves CAISO’s Aliso Canyon Response Plan Ahead of Summer
FERC OK'd the CAISO plan to temporarily alter its market rules in response to natural gas pipeline restrictions stemming from the closure of the Aliso Canyon storage facility.
Exelon to Close Quad Cities, Clinton Nuclear Plants
Exelon (NYSE:EXC) said it will close its Clinton and Quad Cities nuclear plants after the Illinois legislature failed to provide them financial relief.

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