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November 23, 2024

Natural Gas

PNM
Regulators Approve PNM IRP Despite Staff Criticism
New Mexico commissioners voted to accept PNM's 2023 integrated resource plan despite concerns about an escalation in costs and resources since the 2020 IRP.
InvictaHOG, Public Domain, via Wikimedia Commons
Everett LNG Contracts Face Skepticism in DPU Proceedings
Proposed supply agreements between Constellation and Massachusetts gas utilities which would keep the Everett Marine Terminal operating through 2030 are facing pushback from environmental organizations and the Attorney General’s Office.
Bechtel
Appeals Court Upholds FERC on Gas Project Extensions
The D.C. Circuit ruled in favor of FERC granting previously approved natural gas projects’ requests for an extension of their deadlines to bring the facilities online.
NYISO
Stakeholder Soapbox — There and Back Again: D.C. Circuit Again Considers NYISO’s Approach to Zero-Emission Mandate
Dozens of states have adopted emission-reduction targets aimed at fighting climate change. But how should RTOs account for those initiatives when their effects are delayed, uncertain, expensive for consumers or all of the above? 
© RTO Insider LLC
Bumps on the Road to Net Zero Highlighted at EPSA Summit
While their net-zero emission targets might not kick in until the 2030s, the power industry already is dealing with the issues they create, panelists said at the Electric Power Supply Association’s Competitive Power Summit.
© RTO Insider LLC
PJM MRC/MC Briefs: March 20, 2024
The PJM MRC rejected four proposals to rework how the RTO measures and verifies the capacity EE providers can offer into the market.
Fluor
Texas PUC Establishes $5B Energy Fund
Texas regulators have adopted a new rule establishing the Texas Energy Fund In-ERCOT Generation Loan Program, a $5 billion fund designed to bring new dispatchable power projects to the state.
FERC, via Hitachi ABB Power Grids Velocity Suite
FERC: Markets Stable in 2023; Gas Continues to Dominate Mix
2023 began with a mild winter, setting the pace for a relatively quiet year in which natural gas and wholesale electricity prices dropped and the U.S. added a net 26 GW in generation capacity.
© RTO Insider LLC
PJM Monitor Finds Markets Overall Competitive
Average load-weighted electricity prices in PJM fell by around half in 2023, the Independent Market Monitor said in its annual State of the Market Report.
NYISO
NYISO Recounts Mild Winter
The Operating Committee was briefed on one of NYISO’s most humdrum winters, characterized by high temperatures, low gas prices and below-average loads.

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