by Connor | Aug 29, 2024 | News
According to the EIA, electric generation from wind turbines has decreased for the first time since the mid-1990s in 2023, despite the addition of 6.2 GW of wind capacity. This has resulted in an eight-year low-capacity factor for the wind turbine fleet of 33.5%....
by Chris | Feb 19, 2024 | News
ISO New England Inc. (“ISO-NE”) announced the results of the 18th Forward Capacity Auction on February 9, 2024. The auction included 31,556 megawatts (“MW”) of commitments, including 1,085 MW of new renewable capacity and 5,540 MW of new and existing renewable...
by Alec | Jan 9, 2024 | News
Originally scheduled for February 2025, the Federal Energy Regulatory Commission (FERC) has agreed to a one-year delay to the 19th ISO New England (ISO-NE) capacity auction. The delay came at the request of ISO-NE and the New England Power Pool (NEPOOL) as they seek...
by Chris | Jun 12, 2023 | News
The Regional Greenhouse Gas Initiative (“RGGI”) announced the results of the 60th auction for carbon dioxide allowances on June 9, 2023. The auction included the sale of more than 22 million allowances at a clearing price of $12.73 per allowance. The...
by Alec | Apr 24, 2023 | News
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,...
by Chris | Jan 23, 2023 | News
The U.S. Nuclear Regulatory Commission certified the first small scale reactor design in the U.S. on January 20th. Created by NuScale, the design incorporates a module system that utilizes less water and is one-third the size of a traditional large-scale reactor. Each...
