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DOE Chief: ‘Incumbents’ Should Embrace Change "The future is not always 10 years away,” Energy Secretary Ernest Moniz warned in his first major policy address. Speaking at Columbia University’s Center on Global Energy, Moniz discussed President Obama’s climate action plan and said industry change will be driven by extreme weather,...

Coal boosters who hope carbon capture technology will ensure the fuel’s future will find little support in a new report conducted for planners in the Eastern Interconnection. EPA’s proposed New Source Performance Standards for greenhouse gases will likely make it impossible to permit new coal-fired generation that doesn’t include Carbon...

The Markets and Reliability Committee approved agenda items 2, 4 and 5 unanimously Thursday. Details are below: 2. PJM MANUALS A. Manual 28: Operating Agreement Accounting Reason for change: Revises the manual to reflect Tariff changes regarding lost opportunity cost compensation, as approved by FERC in docket ER13-1200. The changes...

PJM would create rules allowing batteries, flywheels and other advanced energy storage technologies to participate in its capacity market under a problem statement presented to the Markets and Reliability Commission on first reading Thursday. The proposal was introduced by Janette Kessler Dudley of Demansys Energy, which aggregates commercial and industrial...

Who says Congress can't pass energy legislation? Two bills approved with bipartisan support and signed by President Obama this month may open PJM to new generation from a renewable energy source many thought was fully exploited: hydropower. (Source: US Department of Energy) The legislation streamlines regulations on small hydropower sites,...

PJM officials gave the Transmission Expansion Advisory Committee a status report Thursday on their analysis of the 26 proposals for correcting stability problems at Artificial Island in South Jersey. PJM’s first competitive transmission project under FERC Order 1000 attracted proposals from five utilities and three independent developers. The proposals ranged...

By Rich Heidorn Jr. In a split decision for financial traders, an appellate court Monday sent a dispute regarding PJM’s overcollection of line-loss revenues back to the Federal Energy Regulatory Commission. The U.S. Court of Appeals for the D.C. Circuit upheld (Case No. 08-1386) FERC’s decision denying financial traders a...

By Rich Heidorn Jr. Are RTO market rules too clumsy and complicated to prevent gaming and protect consumers? That’s the question on the minds of many observers following federal regulators’ $410 million-dollar settlement with JPMorgan Chase last week. The settlement between the Federal Energy Regulatory Commission and JP Morgan Ventures...