PJM report says the regional power market works, doesn’t always give regulators what they want

PJM has issued a report that, no surprise, finds the regional power promotes efficiency in operation and offers the right incentives for market entry and exit. The report does a few things, but none perhaps as useful as reminding policymakers that transparent, well-functioning markets do not always deliver the outcomes they wish for. From the … More PJM report says the regional power market works, doesn’t always give regulators what they want

PJM region could handle substantially more renewable generation, study says

PJM Interconnection has been studying, with the help of GE Energy Consulting and other groups, the consequences of adding significantly more wind energy and solar energy to its transmission grid. The “headline result” of a preliminary report, presented to PJM stakeholders recently, is that the system could handle renewable power generation capacity at a 30 … More PJM region could handle substantially more renewable generation, study says

Power outages hot and cold

Michael Giberson A FuelFix post by Tom Fowler relays ERCOT’s report that the Texas grid operator expects to have enough power to serve customers reliably this summer. At the end of Fowler’s post he casually mentioned, in connection with the rolling blackout in ERCOT last winter, “a report by federal reliability officials concluded power plant … More Power outages hot and cold

Meanwhile, more “power market and the state” battles in New Jersey and Maryland

Michael Giberson And if Andrew Kleit thinks that the Pennsylvania state government is toying with a bad idea (see previous post), look what is going on next door in New Jersey and Maryland. In New Jersey: “Utilities challenge New Jersey law while preparing to reap its benefits.” In January the Governor signed a law which … More Meanwhile, more “power market and the state” battles in New Jersey and Maryland

Jay Hancock is not happy with the PJM power market

Michael Giberson From the Baltimore Sun, Jay Hancock explains he is unhappy with electric power restructuring in Maryland and with the PJM market. I think he hits some targets and misses others. Assessing the particulars would require a lot of detailed work, probably better done by someone other than me. One big source of agreement … More Jay Hancock is not happy with the PJM power market