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Patty, I'll dispute your contention that "consumers are more ready than ever to engage on energy." There is little incentive for consumers to "engage" with their utility unless 1) their service has been unacceptable, or 2) their rates have risen so much they're forced to figure out ways to reduce costs (TOU pricing), or 3) they are deeply concerned about climate change and how their...
Currently, FERC’s regulations state that power production facilities that generate less than 80 megawatts (MW) of electricity are considered the same facility if they are within one mile of each other, use the same energy resource, and are owned by the same person or its affiliates. This is known as the “one-mile rule.” It sounds like the issue is that this...
Steven, why would any renewable resource qualify for a capacity payment? In PJM's original Reliability Pricing Model (RPM ): "PJM's capacity market, called the Reliability Pricing Model, ensures long-term grid reliability by securing the appropriate amount of power supply resources needed to meet predicted energy demand in the future."
Pat, your article might be retitled "FERC Excludes Unreliable Energy From NY’s Reliability Market." Makes a lot more sense. Great news, either way. NYISO ratepayers, whether they knew it or not, have been paying wind and solar farms for resource adequacy - the assurance generation would be available, at specific days and times - up to three years in advance.
Roger, explained much better than I could. And reassuring that someone else recognizes this expense for what it is: a handout to "ideologically imposed market structures", i.e. special interests, and of no value to consumers.
Even if California Gets Too Much Media Attention, Power Industry Developments There Are Worth Watching
"California is a leader in the drive to make power production emission free. A law enacted in 2018 requires 50 percent of the state’s power to come from renewable sources by 2025; 60 percent of it to come from renewable sources by 2030; and all its power to be carbon-free by 2045."