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The High Price of Failing to Transition to Clean Energy
results of its latest capacity auction to procure generation resources to ... much as 29% starting in June 2025βand it may be only the beginning unless ... Americans for a Clean Energy Grid awarded PJM a grade of βD+β for its process
Energy-Transmission Price Correlation
PJM (yeah, I know, Iβm a thrill seeker), initially looking for data on wholesale price trends and the relationship between energy and capacity prices ... , letβs start at the beginning. It is widely believed that energy and
June Developments Point to Inevitability of National Carbon Price
similarly financially accountable for their carbon waste and the damage it ... , fires and droughts.Β Β Itβs also fitting, in stating that a carbon price ... . Clearly, the momentum for carbon pricing is strong, and a carbon tax, in
Energy Transition Puts Grid Reliability to the Test
, and do it in a framework that keeps the lights on throughout the PJM ... fossil off the grid and replacing it with clean, you actually need on a ... question as to whether it was the right amount, and whether there should be a
Polar Stress Test Revisits Gas-Powered Grids
reliance on natural gas. Natural Gas Demand and Price In late 2017 ... natural gas prices for the Algonquin citygate reached $73/MMBtu, and TETCO M ... temperatures boosted natural gas usage for both space heating and power
What the Heck is ‘Enhanced Price Formation’ in PJM?
. Last week, PJM released its proposal for enhancing energy price formation ... customer demand. Β This is called marginal pricing and it is a well ... locations, the market price becomes too low for some large and inflexible (i
Endogenizing Fuel Price Risk (and Uncertainty)
acceptable methodologies for assessing risk and incorporating its costs into ... is underdeveloped and there is even no general agreement on how to do ... comprehensive review and critical assessment of methods for measuring risk, as
The Formative Effects of Gas Price Shocks
commute to work on public transit and will be more likely to drive fuel ... price of gas can have a more lasting impact on our preferences than we ... gas tanksβthe impacts can last for decades to come. Todayβs gas price
Grid Operator PJM Talks Details of Energy Price Formation
and the resiliency assumptions that underlie it.Β In this episode, PJMβs Stu Bresler, Senior Vice President for Operations and Markets ... set in energy markets. Critically from PJMβs perspective, itβs price