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.
EIA: Henry Hub Pricing
The EIA reported that U.S. monthly average Henry Hub spot price nearly doubled in 12 months.
Green Energy Leaders Call On Congress
Major utilities, solar companies, storage developers, and other business leaders call on Congress to pass a reconciliation package that includes clean energy tax credits and incentives for energy efficiency and clean transportation.
One Solar Development Project: Could Create 340 Construction Jobs
According to an economic impact study completed by the developers, a 200 MW solar project planned in southeastern Indiana could add $38 million to the local economy and create 340 construction jobs.
Energy News: MISO Pauses Participation
Grid operator MISO tells federal regulators that it plans to wait until 2030 to allow aggregated distributed energy resources to participate in its power markets.
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…
DetailsPeak 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…
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