credit ratings
General Electric Theatre
An EBA panel looked into the history of demand growth in light of its recent return, while a second panel looked at issues around utility credit ratings, as investments will have to ramp up to meet the new demand.
Stakeholders unanimously endorsed the charter for the new PJM Emerging Technologies Forum at the Markets and Reliability Committee meeting.
The PJM MRC deferred a vote on an issue charge to consider rule changes for hybrid resources after members questioned the plan to assign it to a new senior task force.
In its first report since the COVID-19 coronavirus pandemic forced most Texans to stay at home, ERCOT has seen a weekly 2% reduction in energy usage.
Stakeholders on Thursday overwhelmingly approved an overhaul of PJM’s rules for managing the credit risks of market participants.
Energy Trading Institute
The ISO/RTO Council asked FERC to reject financial traders’ request to update RTO credit policies, saying it would upset stakeholder proceedings.
NYISO CEO Rich Dewey told the Management Committee the ISO will delay deployment of new energy and business management systems, missing the deadline.
Analysts at a renewable energy conference warned that PG&E could still reject its renewable power purchase agreements in bankruptcy.
CAISO participants and companies that do business with Pacific Gas and Electric could end up paying a hefty price for the utility’s financial collapse.
PG&E
PG&E’s stock price sank lower Monday and Tuesday, dropping by more than 30% due to fears the company could go bankrupt or be broken up by the state.
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