coal plant retirements
ERCOT will face lower capacity margins following Vistra Energy’s retirement of 4,100 MW of coal-fired generation, ERCOT's Market Monitor told the board.
The fate of the West’s coal-fired power was already sealed prior to the EPA announcement that it will seek to repeal the Clean Power Plan (CPP).
Vistra Energy announced it will close two additional coal-fired plants, taking another 2,300 MW of capacity offline and slashing its coal portfolio.
ERCOT’s Houston Hub saw real-time natural gas prices spike as high as $1,251/MWh on Monday during an early fall heat wave.
Vistra Energy announced plans to retire its coal-fired Monticello plant's three units in January, citing low prices in ERCOT.
Vistra Energy’s acknowledgement last month that it may retire some of its coal fleet sparked a debate at Infocast’s Texas Renewable Energy Summit.
Coal's best hope may be that FERC adopt the DOE grid study's recommendation to lean on RTOs to value on-site fuel storage as a proxy for resiliency.
ERCOT stakeholders jammed the Public Utility Commission of Texas' (PUCT's) hearing room for the first of several discussions on price-formation issues.
FirstEnergy CEO Chuck Jones said that he thinks the “country is heading for a disaster” because of its over-reliance on natural gas for generating power.
RTO officials acknowledged their challenges but asked Congress not to depart from 20 years of supporting wholesale markets.
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