Sentences with phrase «clearing capacity auctions»

An important element of the program was that the power plant subsidies were conditioned on the plant clearing the capacity auctions, and it consequently exerted downward pressure on auction prices.
But accounting for demand response and paying for it are different things, and PJM's proposal notes that it will be clearing capacity auctions in 2015, including the Base Residual Auction in May.
American Electric Power announced Sept. 10 that 7,209 MW of the company's unregulated generation fleet in the PJM Interconnection market cleared the capacity auction for the 2018 - 2019 delivery year, representing all of the capacity that AEP Generation Resources bid into the auction.

Not exact matches

The Quad Cities Generating Station and Three Mile Island nuclear plants it owns failed to clear the PJM capacity auctions for 2019/2020 — meaning plants with lower energy costs won the auction — and it's unclear how the plants can survive beyond 2019.
«It's clear that the low prices for intermittent wind and solar bid at recent capacity auctions apply only when the local grid assumes all responsibility for balancing and grid stability.
The proposal would phase out the current Renewable Technology Resource (RTR) exemption, which has allowed ISO - NE to clear 200 MW of renewable generation in its capacity auction annually (to a maximum of 600 MW) without regard for the MOPR.»
«Under ISO - NE's proposal, it would clear the Forward Capacity Auction as it does today, applying the minimum offer price rule (MOPR) to new capacity offers to prevent price suppCapacity Auction as it does today, applying the minimum offer price rule (MOPR) to new capacity offers to prevent price suppcapacity offers to prevent price suppression.
In support of the demand response (DR) auction, the demand response post-auction report provides a summary of the zonal DR auction clearing prices, the capacity obligation awarded to each successful participant in each electrical zone, and the qualified capacity from all demand response auction participants.
By withholding part of its fleet from the May 2014 PJM capacity market auction, Learner explained, prices cleared at $ 120 per MW - day, doubling the RTO - wide clearing price of $ 59 per MW - day for planning year 2016/17.
If a coal plant cleared the first auction at $ 10 / kW - month and acquired a forward capacity obligation.
and wholesale energy markets already organize the correct merit orders, but the system's uniform clearing price auction has been infiltrated by zero - fuel - cost sources that also happen to offer almost no capacity to the system.
In a statement released online following the outcome of the EA, Limejump said: «The clear winners of the T1 / EA Capacity Auction were anyone with existing generation and interconnectors (96.4 %).
The grid operators for the Mid-Atlantic and New England, PJM and ISO - New England (ISO - NE), procure such resources through mandatory auctions where providers bid on selling capacity to the grid at the auction's clearing price.
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