by Chris | Aug 10, 2021 | News
In 2020, renewable power generation became the second largest source of electricity in the United States. According to the Energy Information Administration, renewable energy sources represented 21% of the electricity generated in the United States. This is the first...
by Alec | Jun 10, 2021 | News
The first PJM capacity auction in three years saw some of the lowest clearing prices in its history. The auction resulted in an RTO clearing price of $50/MW-day, which is down from $140/MW-day in the previous auction, and lower than analyst’s expectations, due, in...
by Chris | May 25, 2021 | News
Natural gas-fired power generation in the United States declined through the first four months of 2021. According to the EIA, an average of 3,394 gigawatthours of electricity were generated daily by natural gas-fired power plants. This represents a 7% decline compared...
by Chris | Mar 2, 2021 | News
The nation’s energy infrastructure succumbed to enormous stress as extreme winter weather gripped the US in mid-February. According to S&P Global Market Intelligence, power disruptions impacted energy customers in Texas, Louisiana, Oregon, and Virginia....
by Alec | Feb 16, 2021 | News
As expected, ISO New England’s (“ISO-NE”) recent Forward Capacity Auction (“FCA”) 15 resulted in higher capacity clearing prices than FCA 14. The auction, consisting of five rounds of bidding, concluded on February 8th with preliminary clearing prices ranging from...
by Chris | Feb 2, 2021 | News
The US set a new record for daily wind electricity generation on December 23, 2020. According to the EIA, a total of 1.76 million MWh were generated from wind in the lower 48 states. The new record represented approximately 17% of the total daily US electricity...
