Natural Gas
NYISO
Dozens of states have adopted emission-reduction targets aimed at fighting climate change. But how should RTOs account for those initiatives when their effects are delayed, uncertain, expensive for consumers or all of the above?
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While their net-zero emission targets might not kick in until the 2030s, the power industry already is dealing with the issues they create, panelists said at the Electric Power Supply Association’s Competitive Power Summit.
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The PJM MRC rejected four proposals to rework how the RTO measures and verifies the capacity EE providers can offer into the market.
Fluor
Texas regulators have adopted a new rule establishing the Texas Energy Fund In-ERCOT Generation Loan Program, a $5 billion fund designed to bring new dispatchable power projects to the state.
FERC, via Hitachi ABB Power Grids Velocity Suite
2023 began with a mild winter, setting the pace for a relatively quiet year in which natural gas and wholesale electricity prices dropped and the U.S. added a net 26 GW in generation capacity.
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Average load-weighted electricity prices in PJM fell by around half in 2023, the Independent Market Monitor said in its annual State of the Market Report.
NYISO
The Operating Committee was briefed on one of NYISO’s most humdrum winters, characterized by high temperatures, low gas prices and below-average loads.
ISO-NE
ISO-NE presented the NEPOOL Markets Committee with additional results of the impact analysis for the RTO’s resource capacity accreditation project, which looked at how changes to the resource mix would affect the seasonal distribution of shortfall risks.
© RTO Insider LLC
The New York State Reliability Council Executive Committee approved for industry review two new proposed reliability rules aimed at revising NYISO’s transmission planning requirements to account for fuel shortages at gas-fired power plants.
Shutterstock
New Jersey's grid upgrade bill would require each of the state’s four electric utilities to develop and implement a plan to modernize the electric transmission and distribution system.
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