New England

$9 Billion at Risk

If PJM markets should lose demand response as a capacity resource.

The AEMA sees the self-help DR revolution as a key to America’s recent industrial renaissance: “If demand response is removed from wholesale markets,” the group says, then “the electric grid is back to the rotary phone.”

Her Next Hurdle

ITC’s Linda Blair on where to build tomorrow’s grid.

Linda Blair, executive v.p. and chief business officer for grid giant ITC, discusses how ITC plans to navigate the new transmission landscape and where ITC might turn for its next major transmission project.

Utility Capital in the Twenty-First Century

What FERC might learn from Thomas Piketty and his best-selling book on wealth and income.

Thomas Piketty’s best-selling book, “Capital in the Twenty-First Century,” shows why utility transmission owners should not enjoy excessive returns.

Digest (July 2014)

Austin Energy awards Recurrent Energy a contract for Texas' largest solar power plant; Indianapolis Power & Light receives approval from IURC to invest $600 million in gas turbine power station; Tucson Electric Power to purchase solar power from Avalon Solar Project; Xcel Energy and SunPower sign a PPA for a 50-MW solar plant in Colorado; American Electric Power plans to replace existing wire on transmission line running from Ohio to West Virginia; Midcontinent ISO amends its tariff to allow for short-term variations in net load requirements; FERC approves ISO New England's "Pay-for-Performance" plan.

Scare Tactics

New England’s proposed capacity market reform would force generators to ‘Be There or Else.’

Facing worries about resource adequacy, ISO New England proposes changes that would penalize generators that fail to perform when needed -- for any reason. Market players say it can only work if the system operator allows for reasonable exceptions.

Northern Pass Secures Key Approval from ISO New England

The Northern Pass, a proposed transmission line carrying renewable hydroelectric power to New Hampshire and New England, cleared a regulatory milestone by securing 'I.3.9 approval' by ISO New England, the operators of the region's power grid. The I.3.9 process determines whether Northern Pass can reliably interconnect with the New England grid.

Power Breakfast

Fortnightly’s Executive Roundtable considers industry options and risks.

Fortnightly recently convened a group of senior operations executives from a variety of companies to discuss current trends in the U.S. power industry. Their comments reflect a mixed outlook on the industry’s transitionary changes.

Category Error

The trouble with treating grid projects as market players in New York’s capacity auction.

Transmission is not generation. Yet New York ISO makes grid projects qualify as competitive, like gen plants, to get to play in its capacity market.

Tranche Warfare

The experts do battle over capacity market design.

A FERC conference this fall aired new major policy options for capacity markets. Amid the battle, ISOs are making tactical adjustments.

Innovation Mandate

Meeting the just-and-reasonable standard in a time of change.

Who can say for sure if markets are working? The landscape keeps shifting.