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Feds Cancel Power Auction by Grid Operator, Market Uncertainty Increases

Tom Johnson, NJ Spotlight Summary A federal agency has told the operator of the nation’s largest power grid to cancel a planned auction next month that helps determine how much consumers and businesses pay for electricity. The decision by the Federal Energy Regulatory Commission on Thursday...

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Texas regulators direct higher plant payment amid capacity crunch concerns

Gavin Bade, Utility Dive Summary Texas utility regulators last week directed the state's power market operator to boost payments to generators during periods of high electricity demand amid growing concerns that the state could run short of capacity this summer. The Public Utilities...

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Report identifies heat network cost savings

Alec Peachy, Gas Power Heat Systems Network Summary The capital costs of UK heat networks could be reduced by 30-40%, according to a report from the Energy Technologies Institute (ETI). According to the ETI, this could potentially decrease the cost of the UK's low carbon transition by £3bn....

Library Entry

MRC Submits Comments to FERC in Response to Reliability Pricing Model Submitted by PJM

On November 6, 2018, the MRC filed comments to FERC in response to the proposal for revisions to its Reliability Pricing Model (RPM) submitted by PJM in response to the Commission's "Capacity Order" dated June 29, 2018. #MRC #FederalPolicy #PolicyandRegulation ...

MRC Comments EL16-49 et al.pdf

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Unexpected Outages, Intense Heat Behind ISO-NE Labor Day Price Spike

Gavin Bade, Utility Dive Summary Real-time power prices topped $2600/MWh in ISO-New England on Monday after unplanned generation outages and higher-than-expected power demand from a Labor Day heatwave triggered emergency procedures from the grid operator. ISO-NE accessed emergency generation...