Natural Gas
PJM is considering changing its day-ahead market schedule in response to FERC's April 16 ruling revising the interstate gas nomination timeline.
The Obama administration’s first Quadrennial Energy Review calls for returning the U.S. to a post-World War II level of investment in infrastructure, spending it says could create 1.5 million jobs while transforming the nation’s electric grid and oil and gas pipelines.
FERC on Thursday approved a rule to improve coordination of the natural gas and electric markets, adopting two gas scheduling changes but declining to move the start of the gas day to 4 a.m. CT from 9 a.m.
A new report by Morningstar predicts on-peak prices at PJM’s West Hub will result in “historically high” spark spreads in delivery year 2015-16.
Opponents of the Constitution Pipeline made good on a promise Friday to go to court to force a rehearing of FERC’s approval of the project.
PJM members were asked last week to consider allowing generators to revise their offers hourly in the energy market to reflect changes in gas prices.
Natural gas demand and production both set records in 2014, while gas trading declined for the fourth straight year, FERC reported last week.
The Connecticut Department of Energy issued its IRP last week, warning of natural gas pipeline constraints and stiffer competition for renewable resources.
Opponents of the Constitution Pipeline have threatened to go to court next week to force FERC to reconsider its approval of the project.
FERC said it is trying to craft the its role in administering a “safety valve” to ensure reliability is not threatened by the EPA's Clean Power Plan.
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