Hydropower
CAISO’s Board of Governors and WEIM Governing Body unanimously voted to approve an expedited proposal to increase the ISO’s soft offer cap from $1,000/MWh to $2,000.
CAISO is proposing to raise the soft offer cap in its market from $1,000/MWh to $2,000 to accommodate the bidding needs of battery storage and hydro resources in time for operations this summer.
FERC denied an application for a 3.6-MW pumped storage hydropower facility on the Little Colorado River in Arizona — entirely on Navajo Nation land — after the tribe protested that it had not been consulted with by the developer.
Despite record winter precipitation in California, hydroelectric generation in the Western U.S. fell to a 22-year low in the 2022/23 water year, largely due to drought conditions in Washington and Oregon.
Despite support from the Department of Energy, National Grid has backed out of a major project to significantly increase the two-way transmission capacity between New England and Quebec.
With the days of endless cheap hydropower in Québec coming to an end, and the Northeastern U.S. hoping to rapidly scale up intermittent renewables, the two regions may be forced to fundamentally reconsider the role of hydropower on the grid.
ISO-NE's capacity prices cleared at $3.58/kW-month in FCA 18, a nearly $1 increase over last year.
House Republicans lambasted a deal that the Biden administration struck between Oregon, Washington and four tribes on four dams along the Snake River.
CAISO’s net energy exports have increased sharply this year, with imports being displaced by increased output from California’s hydroelectric and natural gas resources.
Serge Abergel of Hydro-Québec touted the potential benefits of using hydropower to balance out wind power and reduce curtailment instead of simply using hydropower as base load.
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