PJM’s Capacity Market: A View from Chicago

Michael Giberson The decision of ComEd, a Chicago-based utility, to join the PJM regional wholesale power market, centered in Pennsylvania, New Jersey, and Maryland a few years ago was always a bit of a stretch. Chicago Business reports on some of the consequences: The decision to join PJM instead of its Midwestern counterpart, commonly known … More PJM’s Capacity Market: A View from ChicagoMore PJM’s Capacity Market: A View from Chicago

Electric Power Restructuring: Notes from Texas and Washington, D.c.

Michael Giberson There’s evidence that, because of the repeated auctions, generators can figure out each other’s bidding strategies and when the market has to have their power. If a bidder knows the market has to have some of its power, it can name its price. That’s Marty Schladen, of The Daily News of Galveston, Texas, … More Electric Power Restructuring: Notes from Texas and Washington, D.c.More Electric Power Restructuring: Notes from Texas and Washington, D.c.