Generation: Page 59
-
New England grid operator, market participants divided over how to improve region's energy security
A growing reliance on gas and renewable generation has left the New England power grid vulnerable to supply losses during cold snaps.
By Robert Walton • April 20, 2020 -
Report: Natural gas is a loser for long-term utility shareholder value
A new report makes the case that investors need to see new natural gas infrastructure as stranded assets.
By Matthew Bandyk • April 20, 2020 -
Opinion
The effects of coronavirus measures on electricity markets
Economic outcomes and investment decisions in the next 18 to 24 months could reshape electricity markets for decades, the authors write.
By Alex Gilbert and Morgan Bazilian • April 20, 2020 -
EPA rejects legal basis for MATS, drawing widespread objections, concerns over future air rule impacts
The electric power industry has already spent over $18 billion to comply with the agency's rules, and would prefer to have regulatory certainty, says a utility trade group.
By Catherine Morehouse • April 17, 2020 -
'Just plain garbage,' FERC's Glick says as commission largely upholds its PJM MOPR decision
FERC denied requests for rehearing on its December order, while clarifying two exceptions. It also rejected requests to review its 2019 order approving PJM’s capacity demand curve, which critics say is too high.
By Catherine Morehouse • April 16, 2020 -
NextEra, Vistra join array of stakeholders in asking FERC to look at carbon pricing
Industry leaders say carbon pricing could provide a more consistent federal policy across territories than the varying carbon reduction goals set by states.
By Catherine Morehouse • April 16, 2020 -
Legal experts, NGOs blast EPA move on air quality standards after higher pollution linked to COVID-19 deaths
The agency finalized rules Monday keeping particulate matter standards the same. "To whom does Wheeler answer when he makes life or death determinations?" one legal expert asked when the rule was proposed.
By Catherine Morehouse • Updated Dec. 8, 2020 -
Deep Dive
Increasing renewables and DER demand new reliability approach, but California is falling short, groups say
Resource adequacy's planning reserve margin worked when supply and load were stable, but new system realities demand a more dynamic approach to protect reliability, emerging power providers and DER advocacy groups say.
By Herman K. Trabish • April 15, 2020 -
EPA rule change to save 4 coal plants across Pennsylvania, West Virginia
"This seems like a relatively low stakes act, in terms of the actual effect it will have on the environment," one professor noted, adding the move was likely made "to score some political points in Pennsylvania."
By Catherine Morehouse • April 14, 2020 -
US power sector GHGs projected to fall 7.5% in 2020 amid record drop in global emissions
Overall U.S. emissions rose slightly in 2018, according to the Environmental Protection Agency's latest numbers, released Monday, but the broader trend is still downward, according to Administrator Andrew Wheeler.
By Catherine Morehouse • April 14, 2020 -
Colorado cooperative reaches $136.5M agreement to exit Tri-State service
Delta-Montrose Electric Association will terminate its membership in Tri-State Generation and Transmission on June 30, as other utilities continue their efforts to follow suit.
By Robert Walton • Updated July 1, 2020 -
CDC/Alissa Eckert, MS. "covid-19 coronavirus on black background". Retrieved from https://www.cdc.gov/media/subtopic/images.htm.
'No existing playbook': COVID-19 forcing NV Energy, NYPA and other utilities to get creative
Utilities are adjusting to the COVID-19 pandemic, from deferring infrastructure projects to transitioning different positions to 'work from home,' several executives said on a panel last week.
By Matthew Bandyk • April 13, 2020 -
Higher air pollution linked to coronavirus deaths, Harvard study finds
The university is the first to make an explicit connection between air pollution and COVID-19 deaths in the United States.
By Chris Teale • April 13, 2020 -
Clearer picture of coronavirus-driven grid load declines emerges in US after weeks of lockdowns
Analysts say the COVID-19 pandemic could disrupt North American power markets for 18 months or more, potentially setting off a new wave of coal retirements.
By Robert Walton • April 9, 2020 -
Southwest Generation purchase of Xcel gas plant to raise JPMorgan affiliation question again at FERC
JPMorgan's legal relationship with the $12 billion Infrastructure Investments Fund was first raised during the sale of El Paso Electric.
By Catherine Morehouse • April 9, 2020 -
CDC/Alissa Eckert, MS. "covid-19 coronavirus on black background". Retrieved from https://www.cdc.gov/media/subtopic/images.htm.
Utilities move to delay rate case proceedings during pandemic
In New York, regulators are approving deferrals from three to five months, extending how long utilities must wait to recover costs on their investments.
By Iulia Gheorghiu • April 8, 2020 -
NextEra mulls bid for Evergy amid market volatility, may face competing offers from AEP, Ameren: Report
NextEra continues to show interest in purchasing an electric utility after JEA's board of directors in 2019 rejected its bid and several others to buy the municipal utility.
By Iulia Gheorghiu • April 8, 2020 -
Xcel sells 720 MW gas plant less than 3 months after purchasing through unregulated subsidiary
The company's rapid turnaround is in response to shareholders who preferred the utility remain fully regulated.
By Catherine Morehouse • April 7, 2020 -
Dominion prepares to file Virginia IRP without natural gas buildout
The utility reacted to new clean energy state laws by renouncing plans to build out gas-fired and nuclear generation.
By Iulia Gheorghiu • April 6, 2020 -
Pelosi steps back on infrastructure push as renewables industry vies for aid
Clean energy advocates say there are still avenues for power sector relief from the federal government, including critical project deadline extensions.
By Catherine Morehouse • April 6, 2020 -
Deep Dive
BlackRock, Morgan Stanley to utilities: Tackle climate-related risks or lose market value
Analyst research shows utilities that address climate-related physical and transition risks earn higher valuations from investors.
By Herman K. Trabish • April 6, 2020 -
"Empire State Building & Con Ed East River Station @ Stuyvesant, Manhattan, NYC" by Axel Taferner is licensed under CC BY-SA 2.0
Con Edison reaches 170 confirmed COVID-19 cases, 3 deaths, as risks rise for utility workers
Daily numbers continue climbing for the utility whose workforce serves New York City, the area that faces the largest outbreak of the novel coronavirus. U.S. utility workers may be at risk of contracting the virus from continued customer interactions.
By Iulia Gheorghiu • Updated April 3, 2020 -
California proposes PG&E, SCE as central procurement agencies, but CCAs have doubts
The system would help create an effective portfolio of local resources, reduce the need for backstop procurement and allocate costs equitably, the CPUC said.
By Kavya Balaraman • April 1, 2020 -
When will the US get 1 GW of offshore wind on the grid?
Two analyses foresee the U.S. reaching the offshore wind milestone by 2024, but disruptions caused by the coronavirus pandemic and continued federal inaction on permitting could create delays.
By Iulia Gheorghiu • March 31, 2020 -
Nuclear regulators ease some power reactor regs in response to COVID-19
The Nuclear Regulatory Commission issued guidance for plant operators on how to safely operate with workforces reduced by the coronavirus.
By Matthew Bandyk • March 31, 2020