Grid Modernization Reduces Summer Outages
Evergy officials say investments in predictive maintenance, grid modernization and diversification have already reduced the quantity and scope of outages this summer.
Peak Demand Alert for This Week! X3 or X4!
⚠️ Peak Demand Outlook for Week of July 18, 2022 This week’s heatwave could likely lead to three or four of the five peak demand days for 2022. In the last two years, we haven’t had a peak demand day below 140,782; our current peak days year-to-date have a high of 139,307. Each of the…
Grid News: PA Regional Carbon Pricing Program
The uncertainty around Pennsylvania’s entrance into a regional carbon pricing program makes it hard for carbon-based power generators in the state to price their offers in PJM Interconnection’s market.
Commentary: PJM Auction Results
PJM’s latest capacity auction keeping prices down for ratepayers shows that aging coal plants can retire without jeopardizing grid reliability, say clean energy advocates. Read the article here.
Market Snapshot: July 11, 2022
Natural Gas VOLATILITY IS STILL THE KEYWORD MARKET JUMPS 83 CENTS ON SMALL STORAGE REPORT The market jumped 83 cents on Thursday on news of a smaller-than-expected storage report that continued worries about our storage situation going into Winter ’22. The closing of the Freeport LNG facility has spooked investors as we are more than…
AEP: High Disconnect Rate
American Electric Power disconnected the power for nonpayment more frequently than any other Ohio utility last year, cutting off customers twice as often as the next highest utility, FirstEnergy. #power #ohio #energynews
Market Snapshot for the Week of June 27, 2022
HEAT PERSISTS THROUGH TEXAS AND THE PLAINS STATES JULY MARKET CONTINUES TO SLIP DOWNWARDS FREEPORT AND EASING WEATHER EXTREMES From a high of $9.54 on June 8th, when the Freeport facility suffered the explosion, the market dropped $3.45 in less than three weeks. While the slide has slowed, easing extremely hot weather forecasts has helped…
Capacity Pricing On PJM Grid Falls
Capacity prices in most of the grid operator PJM’s territory fell to a 10-year low amid a surge in power generation.