coal plant retirements
RTO officials and their Market Monitors unilaterally rejected Energy Secretary Rick Perry’s proposal to provide price supports to coal and nuclear plants.
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.
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