Renewables lead new generation this year, but prepare for big decline in new wind in 2013
By Bill Opalka, Guest Contributor Renewable energy generation grabbed a 46% share of new capacity in the first 10 months of the year, easily outpacing natural gas, coal, nuclear and oil. That’s according to the latest Federal Energy Regulatory Commission Energy Infrastructure update, which covers the January-October time frame. The 46% renewable share includes new [...]
Energy risk officers recommend risk management standards for power, gas market participants
Utilities, power suppliers and regional organizations that coordinate the flow of electricity throughout the U.S. are taking steps to better understand the creditworthiness of market participants and ways to mitigate risks inherent in the purchase, supply and transmission of electric power. The Federal Energy Regulatory Commission’s Order 741 requires initial compliance filings by Independent System [...]
Demand response and cleaner energy outbidding some coal-fired generation in PJM
Almost like a tree falling in the forest, the recent auction for wholesale power supplies from utilities and competitive generators produced a relatively quiet but telling shift in the PJM power grid which stretches from the Mid-Atlantic states into parts of the Midwest: Several aging coal-fired power plants were outbid by cleaner sources, including demand-response [...]
