Capacity Markets

NY Explores a More Hands-on Role in Resource Adequacy, Part 2

August 8, 2019 by Jackson Morris, NRDC Director, Eastern Region, Climate & Clean Energy Program and Cullen Howe, NRDC Senior Renewable Energy Advocate, Climate & Clean Energy Program Part I of this blog gives a background on how energy is regulated in New York and how capacity markets work.    Why is New York Examining This Issue Now? NYISO’s capacity market rules have…

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NY Explores More Hands-on Role in Resource Adequacy, Part 1

August 8, 2019 by Jackson Morris, NRDC Director, Eastern Region, Climate & Clean Energy Program and Cullen Howe, NRDC Senior Renewable Energy Advocate, Climate & Clean Energy Program Part II of this blog will discuss why New York is examining recourse adequacy now and what the PSC has proposed in terms of examining the interaction between capacity markets and the state’s clean…

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Courts Cement States’ Authority to Advance Clean Energy

September 27, 2018 by Miles Farmer, Clean Energy Attorney The courts have now spoken decisively: States have broad authority over energy policy. The U.S. Court of Appeals for the Second Circuit upheld New York’s Zero Emission Credit, which supports the state’s nuclear generators. But the bigger story is the decision’s broad ramifications. It clears the way for states to more…

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Lost in Transmission: World’s Biggest Machine Needs Update

 July 2, 2018 by Jennifer Chen, Attorney, Sustainable FERC Project Coauthored by Katherine Worden, Legal Intern, Stanford Law School. America’s grid carries electricity from over 7,700 power plants across 707,000 miles of high-voltage lines, and through millions of miles of low-voltage lines and transformers to millions of customers. It’s an impressive machine, but like other early 20th century technologies, it’s due for a reboot. Hundreds of…

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PJM Offers Two Proposals: A Rock and a Hard Place

April 11, 2018 by Jennifer Chen, Attorney, Sustainable FERC Project PJM, the transmission grid operator for parts of the Mid-Atlantic and Midwest, filed two competing proposals this week at the Federal Energy Regulatory Commission (FERC), the agency tasked with ensuring that wholesale electricity market rules result in reasonable rates. Both proposals would drive up the utility bills of 65 million electricity…

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Federal Power Rules Threaten New England Renewable Energy

April 10, 2018 by Miles Farmer, Clean Energy Advocate, & Bruce Ho, Senior Energy Advocate A recent order by the Federal Energy Regulatory Commission (FERC), the federal agency that oversees the nation’s power grid, could block renewable energy from fair access to the grid in New England, potentially saddle customers with more than a billion dollars in unnecessary costs, and increase fossil fuel…

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No Love for Grid Operator’s Latest Costly Market Proposal

February 14, 2018 by Jennifer Chen, Attorney, Sustainable FERC Project PJM, the electricity grid operator serving 65 million customers in 13 Mid-Atlantic and Midwestern states and the District of Columbia, is deciding whether it will again override its own stakeholders to propose yet another controversial and expensive electricity market rule change at the Federal Energy Regulatory Commission (FERC), the agency…

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Our Grid Needs to Go on a Diet to Get Leaner and Greener

 December 28, 2017 by Jennifer Chen, Attorney, Sustainable FERC Project Part of NRDC’s 2017 year-end retrospective in hopes of informing changes to come Many regions of the United States have overbuilt and retained too many power plants, which can be detrimental to their owners, consumers, clean alternatives like wind and solar power, and flexible resources like energy storage and demand response (compensating customers for…

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PJM’s New Rules Skew Against Clean Energy; Silver Lining in a Lower Forecast

May 25th, 2016 by Jennifer Chen, Attorney, The Sustainable FERC Project At a time when countries around the world have committed to cutting climate-warming pollution, our nation’s largest electric grid operator is increasing reliance on fossil-fueled power to meet future electricity demand. PJM, the electric grid operator serving 13 Mid-Atlantic and Midwestern states and the District of Columbia, today released…

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Do Pay-for-Performance Capacity Markets Deliver the Grid Resiliency Outcomes We Need?

This post originally appeared on Green Tech Media here. How to design capacity markets to ensure a flexible electricity mix Apr 28, 2015 by Mike Hogan, Michael O'Boyle, and Sonia Aggarwal Competitive wholesale power markets are designed to sustain needed investment through market participants hedging risks in response to transparent pricing in the energy and ancillary services markets. But in…

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