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.
NY: Regulators Consider Utility Bailout
New York utility regulators consider a massive bailout for small businesses and residential homes whose unpaid utility bills have ballooned to $2.3 billion throughout the pandemic. Read the story.
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…
Peak Demand Possibility for Tuesday, July 12, 2022
This morning, energy suppliers are predicting an 80% chance of tomorrow, July 12, 2022, being a peak demand day, with the forecast of 135,366 MW. For reference purposes, the lowest historical PJM Peak demand was 138,197 MWs (2011-2021), so tomorrow’s forecasted peak demand (135,366 MWs) is lower than all historical peak demands over the past…
The EV Revolution is Coming!
A Consumer Reports survey finds more than a third of Americans would consider buying an electric car, a sharp increase from 2020.
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
Latest Energy News: Market Snapshot – July 6, 2022
HEAT PERSISTS THROUGH TEXAS AND THE PLAINS STATES Natural Gas: THE MARKET HAS DROPPED ALMOST $4.00 IN THE LAST MONTH FREEPORT AND EASING WEATHER EXTREMES From a high of $9.54 on June 8th, when the Freeport facility suffered the explosion, the market has dropped $3.75 in the last month, and electricity pricing is finally catching…
DC Solar Shingles Project Slashes Energy Bills
A solar installation program in Washington, D.C., installs its first solar shingles, which will help slash energy bills for low-income customers in half. #solar #energy #solarshingles #solarenergy