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Tag: Generation

PJM Capacity Auction Prices Surge Over Nine-Fold, Signal Urgent Need for New Power Generation

July 31, 2024
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| Industry News

Prices at PJM Interconnection’s 2025/2026 base residual auction (BRA) spiked to $ 269.92/MW-day for most resources in the wholesale power market, pointing to a tightening supply-demand balance that could have significant […]

The post PJM Capacity Auction Prices Surge Over Nine-Fold, Signal Urgent Need for New Power Generation appeared first on POWER Magazine.

Clearing price results in PJM’s Base Residual Auction (BRA) from delivery year 2007/2008 to 2024/2025. Courtesy: PJM

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Report: India Supports $33 Billion Investment in New Coal-Fired Generation

July 5, 2024
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Government officials in India have reportedly asked the country’s power companies to spend billions on equipment to support additional coal-fired generation. India is looking for ways to more quickly increase […]

The post Report: India Supports $ 33 Billion Investment in New Coal-Fired Generation appeared first on POWER Magazine.

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Generation Operator (Associate, Mid or Senior-Level) – Portland, Oregon – 111675 (PORTLAND, OR, US, 97232)

February 18, 2024
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PacifiCorp is seeking customer-centric candidates to grow and sustain our commitment to a culture of customer service excellence, environmental sustainability and diversity, equity and inclusion. 
 

General Purpose

Evaluate the Day Ahead Resource Operations Plan and the California Independent System Operator (CAISO) Energy Imbalance Market (EIM) optimized market solution and execute the plans within the constraints of real-time system conditions.   Validate accuracy of load and variable energy resource (VER) forecasts, and dispatch system generation efficiently, to balance the electric system deliver the lowest net power cost solution to customers. Ensure compliance with all applicable reliability requirements of the North American Electric Reliability Corporation (NERC), Western Electricity Coordinating Council (WECC), and Federal Energy Regulatory Commission (FERC). 

Responsibilities of this position include the following:

  • Maintain compliance with NERC/FERC/WECC and Open Access Transmission Tariff (OATT) requirements.
  • Maintain accurate unit capabilities in the Energy Supply Management System (EMS) and CAISO Market Model.
  • Reliably and economically balance current system load and resource requirements.
  • Determine available excess supply to be marketed by Marketing Function Employees (MFEs).
…

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Energy Vid Week 1 August 2023; E. Coast Offshore Wind Faces Challenges, as BP and Equinor Seek to Renegotiate Agreements on 3,300 MW of New Generation

August 8, 2023
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Gravity storage company Energy Vault completes construction of 25 MW/100 MWh storage system in China, with expected Q4 commissioning date.    LNVG rail company in Germany’s Lower Saxony moves away fron hydrogen fuel-cell trains (it had bought 14, for $ 85 mn) saying battery-electric trains are cheaper to operate. Next round of trains to include 102 battery..
Energy Central…

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Power Generation and Supply Market Recap, June 2023

July 14, 2023
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This month's market recap blog covering the U.S. Power market is now available.  In this blog, we share use content for industry leaders in this critical market. Read about: – Industry Drivers and Projects – Notable M&A  – Interesting Reads – July and August Power Meetings and Events  
Energy Central…

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Coal generation in the US continues its rapid decline

June 4, 2023
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Coal generation in the US was down about 29% in Q1 2023 according to EIAs Electric Power Monthly. A more interesting story to me is what happens on the state level. In particular, I like the stories in: Georgia – where coal generation was down 48% Y-Y even before new Vogtle unit was added to the grid. Oklahoma – where coal generation was down 74% and the capacity factor for remainin..
Energy Central…

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