New York — Merchant power generator Vistra Energy on Monday said it was pleased with the US Federal Energy Regulatory Commission’s recent ruling on PJM Interconnection capacity market rule changes, saying it restores market certainty. Other market participants, however, have expressed concerns. …
Texas is carving out a leadership position in adopting large-scale battery storage as battery prices fall, technology improves and electricity demand grows, potentially paving the way for renewable power to dominate the state’s energy mix.
The amount of storage on the state’s power grid is still small — just 100 megawatts in a system with a generating capacity of nearly 80,000 megawatts — but is expected to more than triple to about …