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October 13, 2024

Energy Market

Berkshire Market-Based Sales Restricted in 4 Western BAAs
FERC  revoked authorization for Berkshire Hathaway Energy subsidiaries to sell wholesale power at market-based rates in four  balancing authority areas.
Lawyers Take an Economics Class: Capacity Markets vs. Scarcity Pricing
Four Ph.Ds. joined in a tag-team debate on the virtues of scarcity pricing versus capacity markets in a panel discussion cum economics seminar at the Energy Bar Association’s Annual Meeting.
ERCOT IMM: Low Gas Prices Reduce Costs, Revenue
Cheap natural gas pushed ERCOT's energy costs and congestion revenue to record lows in 2015, the IMM reported in his state of the market report.
ERCOT to Keep NRG’s Greens Bayou Plant Running for Summer
ERCOT said it has executed a reliability-must-run agreement to keep NRG's Greens Bayou 371-MW natural gas-fired generator available through September.
FERC Approves CAISO’s Aliso Canyon Response Plan Ahead of Summer
FERC OK'd the CAISO plan to temporarily alter its market rules in response to natural gas pipeline restrictions stemming from the closure of the Aliso Canyon storage facility.
Exelon to Close Quad Cities, Clinton Nuclear Plants
Exelon (NYSE:EXC) said it will close its Clinton and Quad Cities nuclear plants after the Illinois legislature failed to provide them financial relief.
Massachusetts Clean Power Bill Hit from All Sides
A bill introduced in the Massachusetts House calls for power distribution companies and the state Department of Energy Resources to procure offshore wind and hydro.
ISO-NE: Power Prices Fell by One-Third Last Year
Prices dropped more than $22/MWh to $41, according to the 2015 Annual Markets Report by the Internal Market Monitor of ISO-NE.
ERCOT Technical Advisory Committee Briefs
The ERCOT Technical Advisory Committee endorsed a recommendation to increase the fuel adder factor for coal- and lignite-fired resources.
Xcel Asks for $88.7M Fee for Lubbock Switch to ERCOT
Xcel Energy (NYSE:XEL) has upped the ante in the Lubbock Power & Light (LP&L) bid to disconnect from SPP and join ERCOT in 2019.

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