Results of PJM's most
recent capacity auction in May yielded 10,975 MW of demand response resources and PJM noted that there was a shift to types of resources that have more flexibility and a greater contribution to reliability.
«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.
Not exact matches
The most
recent auction of offshore wind
capacity was won by Dong Energy AS, bidding a price of # 57.50 per megawatt hour.
Battery storage and demand - side response have continued to play a crucial role in the UK's power mix, together landing more than 500MW of contracts in the most
recent T - 1
Capacity Market
auction.
One attendee alluded to the
recent failure of the
capacity market
auctions to foster significant levels of storage deployment before asking what specific incentives might be applied to storage as a flexibility resource for electricity networks.
A desperately struggling Illinois economy and Exelon's
recent successes in
capacity market
auctions, which some allege are the result of intentional manipulation, and lawmakers are only becoming more suspicious, Learner said.
After a
recent spectrum
auction in the UK, O2 has emerged as the big winner, having purchased network
capacity for both future 5G services as well as existing 4G.