Philadelphia

Open-Access Chronicles: The Backstory Behind Electric Restructuring

Part 3: When Competition Turns to War

By September 1997, Philadelphia Electric Co. had outflanked key opponents and filed a proposed partial settlement with the Penn. PUC to allow the company to recover costs that might become stranded under a new law (enacted a year before) that had brought a measure of competition to the state’s electric utility industry. Then Enron went to work.
Byline: 

William Pentland

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Digest (January 2015)

FERC approved the proposed merger of Exelon and Pepco Holdings; SunEdison and TerraForm Power agreed to acquire First Wind for $2.4 billion; NorthWestern Energy closed on its $900 million purchase of facilities from PPL Montana; Siemens Energy Management partnered with Microsoft and FuelCell Energy to develop the nation's first zero-carbon, waste-to-energy data center; ABB commissioned a power solution that will control power flow and enhance grid stability in Michigan; AES Southland was awarded a 20-year PPA by Southern California Edison to provide 100 MW of interconnected battery-based energy storage; Renewable Energy Systems Americas developed what will be the largest, fully commercial energy storage projects in North America; Westinghouse Electric, China's State Nuclear Power Technology Corp., and Electricity Generation Co. agreed to develop and construct a four-unit nuclear power plant site in the Republic of Turkey. And others ...

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$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.”
Byline: 

Bruce W. Radford

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