Energy News for the Maryland Market

FERC rejects PJM capacity market reform proposals, seeks quick resolution

In a 3-2 decision that drew sharp dissent from two commissioners, the Federal Energy Regulatory Commission late Friday rejected both of PJM Interconnection’s proposals to address failures in its capacity markets due to state subsidies supporting preferred generation resources.

Whether to add more renewable energy or to keep struggling emissions-free nuclear […]

Capacity prices nearly double in largest U.S. power market

By: Jeffrey Tomich |

The cost of ensuring adequate available generation in the nation’s largest power market surged as power plant operators raised offer prices to offset lower energy revenues and fewer new natural gas plants coming online.

PJM Interconnection yesterday said clearing prices for capacity across much of its 13-state footprint nearly doubled […]

Why the Northeast could soon rival California on energy storage

By: Elizabeth McGowan |

Experts say a recent FERC decision and falling prices are creating an opportunity for Northeast states to aggressively adopt energy storage.

While California and other solar-heavy states are leading on energy storage targets, experts say New York, New Jersey, Massachusetts and Maryland could quickly close the gap, with political support.

“Legislators […]

Electric Capacity Markets Are Failing the Northeast

By: Bill Bottiggi |

This week, Boston welcomes the Quadrennial Energy Review roadshow to town for a stakeholder engagement meeting.

The QER process began in January 2014 when President Obama issued a memorandum directing the administration to translate energy-related policy goals into recommended actions through 2018. Season one of the QER, which ran in 2015, […]

FirstEnergy Will Raise Rates To Recoup Bad Bets On Coal

By: Environmental Defense Fund Energy Exchange Blog |

FirstEnergy, the giant Ohio-based company that owns power plants and transmission lines in several midwestern and northeastern states, is ready to raise electricity prices for its customers. This is in part because three of its oldest coal-fired power plants are set to close, but also because […]

Bill would eliminate charges for electricity customers who reject ‘smart meters’

Extra fees for electricity customers who refuse to accept “smart meters” because they are wary of the new technology would be eliminated by a bill heard by the Senate Finance Committee Tuesday, and any extra costs would be spread across all customers.

Utility companies argue these fees are necessary […]

2015-05-07T15:30:39-05:00February 18th, 2015|Maryland Market|