Power Markets

By bcpaulos | For renewable energy to succeed, we must fix the way money flows in electricity markets.

Mind the “storage” gap: how much flexibility do we need in a high renewables future?

Imagine for a moment that we have built enough wind and solar power plants to supply 100 percent of the electricity a region like California or …

The state of wholesale power markets: What's wrong with proposed changes in Eastern RTOs?

In part 2 of the series, Energy Innovation's Robbie Orvis and Eric Gimon critique proposals for capacity auction changes and carbon adders

Energy

Prognosis negative: How California is dealing with below-zero power market prices

Market forces and contract obligations are regularly dipping power prices below zero in California.<p>The dynamic is not new — negative pricing has …

Renewable Energy

Data Visualisation

<b>How will the overall energy system evolve from now to 2050?</b><p>This three-part interactive visualisation relies on the data and figures behind <i>Energy</i> …

Building the ‘Solar Protection Factor’ Into an Increasingly Green-Powered Grid

Utilities need to prepare for the rise of wind and solar power and the retirements of baseload power plants, and that includes building “solar …

Energy

A mightier wind is blowing through Texas

Wind power has long been considered "alternative energy." But in Texas, that label may soon no longer apply.<p>While most of Texas' power still comes …

U.S. Department of Energy

ELECTRICITY: Thoughts on power markets? Executives have a few

Dynegy raised eyebrows last year when it supported draft legislation in Illinois that would've given a boost to some coal-fueled units (<i>Energywire</i>, …

Energy

Large distribution system operators make a pitch for EU-wide body

DSO Enedis sponsors Tour de France<p><i>EDSO for Smart Grids, an organisation representing most of the large European distribution system operators (DSOs),</i> …

Energy

Finkel Review: Summary of submissions from energy industry - Energy Source & Distribution

More than 360 submissions to the Independent Review into the Future Security of the National Electricity Market have been received.<p>Australia’s Chief …

US Wind Adopts a ‘New Attitude’ to Confront a Looming Downturn

Wind works. That's the overarching message -- and the Twitter hashtag -- at the American Wind Energy Association's annual Windpower conference and …

Wind Power

March: Getting Wind and Sun onto the Grid

Getting Wind and Sun onto the Grid<p>Wind and solar PV technologies have seen rapid cost reductions and can now provide electricity at or below the cost …

The case for allowing negative electricity prices

photo: Rog B<p><i>Negative electricity prices have become an increasingly frequent occurrence on the power exchanges that allow them. However, there are</i> …

The great capacity market debate: Which model can best handle the energy transition?

Recent upheavals in wholesale electricity markets are giving new life to a years-old debate about market structure as the nation shifts to a cleaner …

ISO-NE proposes two-part capacity auctions to handle subsidized generation

Dive Brief:<p>ISO-New England will present a proposal to its board of directors this week to reform the forward capacity market (FCM) to handle greater …

On the economics of wind and solar power

“Many hope that wind and solar power will eventually become economically competitive on large scale, leading the way to a global low-carbon economy. …

There Is No Free Market for Electricity: Can There Ever Be?

Electricity is an input in virtually everything we do as a modern society. Few Americans remember what it was like to live without it and its …

Energy

Flexibility: the path to low-carbon, low-cost electricity grids - CPI

Wind and solar have become established resources for low-carbon electricity around the world. Cost declines for those technologies now allow us a …

Are solar and wind really killing coal, nuclear and grid reliability?

U.S. Secretary of Energy Rick Perry in April requested a study to assess the effect of renewable energy policies on nuclear and coal-fired power …

Total makeover: wholesale markets need new thinking

PJM electricity wholesale market in the U.S.<p><i>The integration of renewables into the grid is becoming an increasingly acute problem, writes Fereidoon</i> …

The carbon consensus: Generators, analysts back CO2 price at FERC technical conference

Carbon pricing took center stage at the second and final day of the Federal Energy Regulatory Commission’s technical conference on wholesale power …

'Markets' Test

I remember it well. The notion was as simple as it was compelling. What power plants were built, and what plants were run, had been determined by …

How solar growth will wreck the economics of power markets

real solar power (photo Bjoern Schwarz)<p><i>Continued solar growth could lead to significant decreases in wholesale electricity prices during most peak</i> …

Spring Oversupply Lifts CAISO Curtailments

‘Duck <b>Curve’ Dips Ahead of Expectations</b><p><i>By Robert Mullin</i><p>CAISO is curtailing an increasing volume of renewable generation this spring as the ISO sees …

Why Large Competitive Electricity Markets Benefit Wind Energy

On April 1, 2005, the Midcontinent Independent System Operator (MISO) launched a wholesale energy market and began centrally dispatching power …

Planning for Solar and Wind

Spurred by ambitious national commitments, international agreements and rapid technological progress, governments are increasingly choosing renewable …

Mid-Atlantic Grid Can Lose Coal and Nuclear, and Remain Reliable With Natural Gas and Renewables

Mid-Atlantic grid operator PJM has modeled a future with more wind and solar power, cheap natural gas, and retiring nuclear and coal power plants -- …

Energy

Is the Duck Sinking?

This has been a spring of leaks. Most of you probably heard about the hole at the Oroville Dam. In my house, we’ve had leaks in both our skylight and …

How a Cold Day in Texas Exposed the Value of Grid Flexibility

As the sun rose over Dallas on March 3, 2014, thermometers read 15° Fahrenheit. Across the state, Texans turned their heaters on full blast as they …

Energy

PJM study quantifies wind’s value for building a reliable, resilient power system - Into the Wind

PJM study quantifies wind’s value for building a reliable, resilient power system<p>The largest grid operator in the US just released an innovative …