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.
Electricity Rates Projected to Double From Last Summer!
The EIA has forecast that electricity prices in the Northeast regions (ISO New England, New York ISO, and PJM markets) will exceed $100 per megawatt-hour (MWh) between June and August 2022. Read More >> Complete Details
More, More, More Power Lines!
The U.S. Energy Department seeks an unprecedented expansion of high-voltage electricity lines to carry clean power by prioritizing shovel-ready projects and seeking state support for interregional connections.
Ohio: From the PUCO Newsroom
What’s causing prices to rise and what can you do to ease the effects on your bill?