New energy projects coming online next summer should help Texas avoid the emergency management procedures enacted during this past summer’s heat wave, the state’s grid regulator said.
The Electric Reliability Council of Texas, or ERCOT, on Dec. 5 released a report predicting growth in both the supply and demand for electricity over the next five years. By next summer, 7,633 megawatts of energy is expected to come online, increasing reserves by …
All three ISO markets face uncertainty amid rule changes
Pending changes in PJM and ISO-NE could lower prices
Houston — Mandatory power capacity markets in the US Northeast region are at an inflection point, with federal regulators about to issue an order regarding market rule changes for PJM Interconnection that could decrease prices. ISO New England also is set to run its second auction under new rules in February, and the New York Independent System Operator’s capacity market construct is in question heading into the new year. …
