We use cookies to provide you with a better experience. By continuing to browse this site you are agreeing to our use of cookies in accordance with our Cookie Policy.
By Michael Kuser NRG Energy posted sharp losses in the first quarter on lower hedge margins and declining capacity revenues in the eastern U.S., signaling that 2017 is turning out to be a predicted “trough year,” CEO Mauricio Gutierrez said. NRG Energy CEO Mauricio Gutierrez | NRG The company lost...
By Jason Fordney Energy Imbalance Market (EIM) transfers out of CAISO were on the upswing in March, re-establishing a pattern first seen last spring as California’s growing solar surpluses turned the state into a significant exporter of renewable energy. Real-time transfers out of CAISO were 243,908 MWh during the month,...
By Robert Mullin For nearly three hours this summer, a solar eclipse will blackout much of California’s growing volume of solar generating resources, forcing the state’s grid operator to cover the shortfall with a bevy of resources equipped to quickly react to dispatch instructions. CAISO is already well into developing...
By Rory D. Sweeney WASHINGTON — If anyone thought FERC dragging state and RTO stakeholders here for a technical conference might jolt everyone on the PJM playground into playing nice with each other, Robert Erwin of the Maryland Public Service Commission quickly disabused the standing-room-only crowd of that notion. Erwin...
By Tom Kleckner LITTLE ROCK, Ark. — SPP announced Tuesday it has named CAISO’s Keith Collins as the new executive director of its Market Monitoring Unit, effective June 1. Collins Collins was CAISO’s manager of monitoring and reporting and had been with the organization since May 2010. He will replace...
Stakeholders Defer Vote on Regulation Revisions WILMINGTON, Del. — John Horstmann of Dayton Power and Light expressed concern that PJM’s proposed regulation changes will have a “huge impact” on existing Reg D providers and noted that complaints have been filed at FERC opposing the changes PJM implemented in January. (See...
By Matt Roberts The Energy Storage Association recently filed a complaint with FERC seeking a review of PJM’s prior unilateral changes to its market for frequency regulation. Electricity markets are founded on the principle that practices affecting rates won’t be changed arbitrarily, which ensures fair treatment of companies that invest in...
By Rory D. Sweeney WILMINGTON, Del. — Solutions for reducing uplift charges have been more than four years in the making, so PJM members at last week’s Markets and Reliability Committee meeting were largely unconvinced when financial traders argued that voting on the solution’s third phase was being rushed. Financial...
TULSA, Okla. — SPP Strategic Planning Committee Chairman Mike Wise said the committee’s Export Pricing Task Force agrees with staff’s determination that even building additional transmission will not guarantee the RTO can deliver its ample wind power outside its footprint. In the group’s most recent meeting in March, SPP staff...
RSS
