December 25, 2024

Natural Gas

© RTO Insider LLC
PJM Market Participants React to Spike in Capacity Prices
Generation owners say the increase in PJM capacity prices is the signal they need to invest in new development, while consumer advocates say the backlogged interconnection queue could limit the ability for market participants to react.
Casey Monaghan, CC-BY-SA-2.0, via Wikimedia Commons
PPL Backs Utility-owned Generation in Pa. After PJM Capacity Price Spike
PPL reported GAAP earnings of $190 million for the second quarter and executives focused on changing market dynamics in PJM during a teleconference with analysts. 
Bechtel
WEC Energy Group Concentrates on Natural Gas, Solar to Meet Data Center Growth
WEC Energy Group’s second-quarter earnings call zeroed in on the new natural gas and solar generation the company plans to bolster Wisconsin’s economic resurgence.
Shutterstock
DC Circuit Vacates Pipeline Approval FERC Issued over NJ’s Objections
The D.C. Circuit Court of Appeals vacated and remanded an order by FERC approving a natural gas pipeline in New Jersey that state regulators said was unneeded.
© RTO Insider LLC
PJM MRC Briefs: July 24, 2024
The PJM MRC endorsed one of two proposals to revise how the RTO uses reserve resources, approving a deployment scheme where instructions are sent by basepoints, while rejecting a parallel proposal to grant operators the ability to dynamically increase market procurements.
© RTO Insider LLC
FERC Accepts NYISO Capacity Accreditation Changes, with 1-Year Delay
FERC approved NYISO’s proposed tariff revisions to more accurately accredit natural gas resources’ capacity, but the commission delayed their implementation until 2026.
NET Power
Startups: Market Will Move New Cleantech Regardless of Election Outcome
Questions from energy reporters at a USEA briefing on emerging cleantech shifted the focus to what will happen to U.S. energy policy if Donald Trump is re-elected president.
Shutterstock
FERC Approves LS Power Gas Plant Purchase Despite PJM Monitor’s Concerns
FERC approved LS Power’s purchase of an 810-MW natural gas plant in central Pennsylvania despite some qualms from PJM’s Independent Market Monitor. 
Venture Global LNG
Federal Judge Stays Biden’s LNG Export Application Pause
The U.S. District Court for Western Louisiana issued a stay on the Biden administration’s pause in considering new applications for LNG export facilities. 
© RTO Insider LLC
PJM MRC/MC Briefs: June 27, 2024
PJM’s Markets and Reliability Committee endorsed a proposal to align the day-ahead energy market commitment cycle with the daily gas nomination deadlines.

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