Hence the CPP either forces a radical (and as - yet undeveloped) restructuring
of wholesale electricity markets, or it provides a back door for a carbon tax — a politically toxic policy that IER has consistently shown to be all pain, no gain, and a legislative non-starter for good reason.
A revenue gap analysis conducted by the national laboratory for 79 of 99 operational reactors that are in a region where public
wholesale electricity market prices are available suggests that 63 units would have lost money in 2016.
ABSTRACT: Electricity market prices across
organized wholesale electricity markets in the United States have declined significantly in recent years, prompting several nuclear power stations to consider early retirement before the end of their licensed operation or useful lifespans.
The generation utilities that sell
into wholesale electricity markets (also under pressure from falling power prices; thanks to natural gas and renewables, wholesale power prices are down 70 percent from 2007) have reacted by cutting costs and merging.
A recent federal ruling is likely to give energy storage its biggest boost in years, and buoy microgrids along the way, by granting storage more access to revenue from
competitive wholesale electricity markets.
Industry experts realized that
low wholesale electricity market prices weren't going away any time soon and that coal plants were now facing the prospect of never breaking even, even without additional environmental compliance obligations.
Henry Yoshimura is the Director of Demand Resource Strategy for ISO New England where he is responsible for integrating distributed energy resources (energy efficiency, demand response, distributed generation) into the New
England wholesale electricity market.
While regional variations exist, most utilities indicated a desire
for wholesale electricity markets to decide what generation is sited and dispatched, but also want some plants to be allowed traditional cost recovery in those markets.
Currently, Japan needs to expand the scale and contents of transactions of the small -
scale wholesale electricity market, including the Japan Electric Power Exchange (JEPX), and create a situation where electricity retailers procure and sell the required types and volumes of electricity in a fair manner, like in European countries.
PJM employees work collaboratively to maintain the reliability of North America's largest centrally dispatched electric grid and to operate one of the world's largest competitive
spot wholesale electricity markets.
In these initial projects, one of the best things we have had going for us is that we're part of the PJM [regional electric grid and
wholesale electricity market].
The Ohio Manufacturers» Association (OMA) today released Ohio's Energy Efficiency Resource Standard: Impacts on the
Ohio Wholesale Electricity Market and Benefits to the State, a report that the OMA commissioned ACEEE to prepare.
The Commission often prefers to settle abuse of dominance cases if it can obtain acceptable binding commitments from the defendants, for example, the recent commitments by Bulgarian Energy Holding to open up the
Bulgarian wholesale electricity market).
Individual state authorities such as California's transmission system operator CAISO have made moves to further enable the technology, while at a national level FERC is seeking to allow energy storage to participate
in wholesale electricity markets.
A study by the New York Affordable Reliable Electricity Alliance found that New York's
wholesale electricity market prices (that is the price of fuel itself) went down by nearly 30 percent since 2008, but state energy taxes shot up 168 percent and transmission fees rose 55 percent over the exact same time period.
Eric's career spans more than 25 years in the public and private sectors, with senior roles in central banking, government ministry of finance, economics consulting, venture capital,
wholesale electricity market, and the dairy industry.
Diana Coleman is a native Austinite and works in
the wholesale electricity market as a market specialist.
Consistent with New York's Reforming the Energy Vision initiative, the New York Independent System Operator today announced new market rules that will enable certain on - site generation resources to participate in New York's
wholesale electricity markets.
He said, ``... we're talking about
the wholesale electricity market which has not been established yet; my focus is to get it established to run properly.»
«New York households pay some of the highest electric bills in the nation, and
the wholesale electricity market overseen by NYISO has a major impact on prices,» said Beth Finkel, state director for AARP in New York state.
The IESO also operates
the wholesale electricity market, while ensuring fair competition through market surveillance.
First, it manages
the wholesale electricity market.
Enabling Concentrating Solar Power in Australia: An Implementation Pathway for a Low -
wholesale Electricity Market.
In the IESO's Media Centre, reporters will find timely and relevant information about the IESO, Ontario's power system and
the wholesale electricity market.
In one pilot project with the utility PG&E Corp., an array of various, aggregated assets — including battery storage, electric vehicles, and more — are participating in
the wholesale electricity market, just like a conventional power plant.
Specifically, Synapse reviewed the value of the benefits and commitments of the merger and concerns regarding concentration of ownership, market power, and market manipulation in
the wholesale electricity market.
We identify a major inefficiency spanning the natural gas transportation and
wholesale electricity markets.
After the release of the trade association - funded report, EEI Executive Vice President Phil Moeller, a former FERC Commissioner, said, «
wholesale electricity markets should address price formation and the valuation of essential reliability services for customers.»
For now, Germany's government appears confident that free price formation on
the wholesale electricity market will ensure investment and reliability.
In his speech, McIndoes says the LRET is putting «incredible pressure» on
the wholesale electricity market because it is lowering prices, so much so that with the accompanying fall in consumer demand, it «calls into question the sustainability of the market itself.»
Wholesale electricity markets should value resilience attributes.
These figures do not include the capacity of embedded generators that operate within local distribution systems, except those that are registered to participate in Ontario's
wholesale electricity market.
Each wholesale electricity market carries its own set of resources, priorities, challenges and incentives, but across several regions similar problems are cropping up.
We will examine how public utility regulation and environmental law have traditionally balanced cost, reliability and environmental performance in the electric generation mix, and how that balance is changing as (i)
wholesale electricity markets (and some retail markets) have come to rely more on competition and market pricing of electricity, and (ii) renewable generation replaces more traditional, dispatchable resources.
You will find information about the company's activities, including its role as a regional transmission organization (RTO), its operation of
the wholesale electricity market and its dedication to maintaining grid reliability for today and the future.
According to The Brattle Group, at least half of the total value of this growth would be achievable in
wholesale electricity markets, with the remainder accruing at the distribution grid and customer level.
FERC's decision was not unanimous, and Commissioner Tony Clark filed a dissent saying the rejection «unnecessarily delays action and perpetuates system inefficiencies created by the overcompensation of demand response products in
wholesale electricity markets.»