New York’s electric grid operator advises regulators to keep the power system reliable while reducing emissions. Decarbonization only when backup resources are in place is key to keeping the lights on.
Read MoreCompetitive Power Markets Helped Shelter Consumers from Full Impact of Global Market Conditions in 2020-2021
The past two years presented challenges for the competitive power industry as the economy responded to a global reopening from the COVID lockdowns, and the industry worked to adapt to rising natural gas prices, compounded by Russia’s invasion of Ukraine. In an explainer released by the New York Independent System Operator (NYISO) titled, “Impact of […]
Read MoreContinuing Drought Conditions in the West Show Need for a Range of Fuels to Ensure Reliable Power
For decades, hydropower has played an important role in the electrical grid of the Mountain West, providing consistent carbon-free electricity. But historic drought conditions have reduced the amount of power being generated by dams along the Colorado River.
Read MorePJM Announces Results of the 2023/2024 Annual Capacity Auction: Prices Are Significantly Lower Following Implementation of Focused MOPR and Revised Offer Cap
PJM Interconnection has announced the results of its annual capacity auction, or base residual auction (“BRA”), for the 2023/2024 Delivery Year (“DY”). It is important to note that this long-delayed auction is for the upcoming delivery year, not the typical three year-ahead auction schedule.
Read MoreCompetitive Power Series: Market Design for the Future
On March 29, the Electric Power Supply Association hosted its first Competitive Power Summit in Washington, DC. Leaders from across the competitive power market discussed the key issues facing the sector, including maintaining reliability as the grid changes, market innovations, advancing decarbonization, ensuring a just transition with continued customer and economic benefits, and future market […]
Read MoreCompetitive Power Series: Continued Consumer and Economic Benefits in a Just Transition
On March 29, the Electric Power Supply Association hosted its first Competitive Power Summit in Washington, DC. Leaders from across the competitive power market discussed the key issues facing the sector, including maintaining reliability as the grid changes, market innovations, advancing decarbonization, ensuring a just transition with continued customer and economic benefits, and future market […]
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