Natural Gas
ISO-NE's capacity prices cleared at $3.58/kW-month in FCA 18, a nearly $1 increase over last year.
The U.S. Energy Information Administration reports that fossil fuel generation retirements will slow in 2024 and that solar and storage will dominate capacity additions.
PPL plans to invest $14.3 billion in capital spending from 2024 to 2027, which would strengthen reliability and resiliency while enabling more clean energy and keeping a lid on costs for customers.
FERC has allowed We Energies a MISO tariff waiver, making it simpler for the utility to trade gas for coal at its Oak Creek campus in Wisconsin.
FERC ruled the Mystic Agreement arrangement provides sufficient assurance that the inputs to the filed rate are accurate.
FERC finalized new mandatory reliability standards aimed at ensuring utilities do not cut off power to critical natural gas infrastructure during cold weather events.
Duke Energy reported an increase in projected load growth from economic development and migration at its 2023 year-end earnings call.
PJM spent $53.5 million on conservative, out-of-market dispatch procedures to maintain reliability during the January 2024 Winter Storm Gerri.
A Department of Energy official defended the Biden administration’s pause on processing LNG export facilities at a Senate hearing.
MISO’s Market Subcommittee likely will discuss either a multiday gas purchase requirement or a multiday gas unit commitment process for use during extreme cold.
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