December 19, 2024

December 2022 Winter Storm

© RTO Insider LLC
PJM Chief: Retirements Need to Slow down
PJM needs to slow the pace of generation retirements to avoid reliability problems by 2030, CEO Manu Asthana told the Electric Power Supply Association.
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EPSA Forum Speakers Focus on Hurdles to Energy Transition
Industry speakers at EPSA's Competitive Power Summit focused on the electric industry's transition and the hurdles it must overcome to make it happen.
NYISO
NYISO Battered but not Bruised this Winter
December’s winter storm and early February’s cold snap challenged the New York grid, but they did not cause any emergencies, NYISO told the Operating Committee.
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PJM, Stakeholders Present Initial Capacity Market Proposals to RASTF
PJM presented a preliminary proposal to overhaul its capacity market to the Resource Adequacy Senior Task Force.
Monitoring Analytics
PJM Monitor: Rise in Fuel Costs Led to Record-high Prices in 2022
Average PJM LMPs doubled to a record-high $80/MWh last year, driven mostly by coal and natural gas prices, the RTO’s Independent Market Monitor reported.
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PJM Stakeholders Seeking More Detail from Board on Reliability Fast Path
PJM stakeholders requested that the Board of Managers provide more information about its initiation of a fast-track process to address reliability concerns.
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ERCOT Board of Directors Briefs: Feb. 27-28, 2023
ERCOT staff says that despite “not insignificant” forced outages during the December winter storm, it set a new winter demand record and supported reliability.
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Texas RE Board/MRC Briefs: Feb. 8, 2023
A self-described cryptocurrency skeptic turned advocate says bitcoin mining could provide the answer to the ERCOT market’s volatility.
Lawrence Berkeley National Laboratory
Lawrence Berkeley Lab Sees New Transmission Value Spike in 2022
The Lawrence Berkeley National Laboratory released updated data showing the highest savings for new electric transmission lines in the last decade.
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PJM Stakeholders Discuss Capacity Market Changes After Winter Storm
PJM's Independent Market Monitor has proposed a plan to eliminate performance assessment intervals and related penalties from the RTO’s capacity market.

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