The PJM Interconnection board of managers is seeking a delay of upcoming capacity auctions, including June’s auction for the 2025/26 delivery year, so that proposed design rule changes may be implemented. “In arriving at this decision, the Board recognized that, despite the implications of auction delay, reforms are necessary to the capacity market design in…
LS Power has announced its plan to acquire 42 hydro facilities from Hull Street Energy. The run-of-river hydro facilities are located in 11 states and 334 MW in generating capacity. Hull Street Energy began acquiring and improving the hydroelectric plant portfolio in 2017. The acquisition is expected to close by the end of Q1 2023.…
Vistra Corp. has submitted its application to renew the license for the 2,460 MW Comanche Peak Nuclear Power Plant with the U.S. Nuclear Regulatory Commission (NRC). Originally licensed for 30 years, Comanche Peak began operation in 1990, with Unit 2 coming online in 1993. The 20-year license extensions would allow Comanche Peak Units 1 and…
US LNG export facilities have been running at near capacity as the worldwide demand for natural gas continues to grow. Increased natural gas exports leave the US with less supply, leading US natural gas prices to reach their highest levels in years. If the winter season is as cold as expected, natural gas prices could…
