If transmission can substitute for gen-plant capacity, why not clear both products in the same auction?
PJM applied to FERC for authority to impose a new regime of requirements for reserves of electric generating capacity. This new construct, known as the reliability pricing model (RPM), would replace PJM’s current capacity market.
The battle for the future of coal-fired power is heating up. Recent developments give IGCC a fighting chance.
Does the future belong to pulverized coal or integrated gasification combined-cycle technologies? The answer will determine how the industry manages load growth and regulatory risks, while protecting shareholders and ratepayers.
Why haven’t reliability markets developed?
Capacity and energy, although related, are not identical products. If we are to continue to rely on competitive market forces to provide new generation supplies, we need separate, long-term, installed capacity markets.
Opportunities and limitations of five top strategies.
How can regulated utilities create value? Each of five key options present their own risks. Which way should management go?