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December 27, 2024

coal plant retirements

Monitoring Analytics
PJM Monitor: Rise in Fuel Costs Led to Record-high Prices in 2022
Average PJM LMPs doubled to a record-high $80/MWh last year, driven mostly by coal and natural gas prices, the RTO’s Independent Market Monitor reported.
Oklahoma Municipal Power Authority
Texas Lawmakers Push to Save Retiring Coal Plant
Texas politicians are making a last-ditch push to save a 37-year-old coal plant in East Texas that they say has another 22 years of useful life.
MRO
MRO Identifies Top Risks for 2023
The Midwest faces several new risks in 2023, including cybersecurity threats and supply chain issues, according to the MRO’s 2023 Regional Risk Assessment.
Energy Innovation
Report: IRA Makes Renewables Cheaper than Virtually All US Coal Plants
A new report found that nearly all coal plants studied “are more expensive to run than replacing their generation capacity with either new solar or wind.”
Form Energy
Xcel to Pilot Long-duration Storage at Retired Sites
Xcel Energy plans to pilot long-duration storage systems at two of its retiring coal plant sites, part of an accelerated timeline to transition away from coal.
Duke Energy
North Carolina Regulators Approve Duke’s 1st Carbon Plan
The North Carolina Utilities Commission approved Duke Energy's first carbon plan to comply with state law calling for carbon neutrality by 2050.
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NARUC Annual Meeting Taps Into Winter Unease, Rate Design, Storage
The annual NARUC meeting covered ground on rate design, energy storage and reliability while the energy portfolio undergoes renovation.
FERC
FERC Panelists Talk Cyber, Grid Transformation Challenges
At FERC’s annual reliability technical conference, commissioners focused on work needed to prepare the bulk power system for rapidly developing challenges.
Duke Energy
Duke Energy Estimates Net-zero Push at $145B in Next Decade
Duke Energy estimated the cost of its clean energy transition plans at $145 billion over the next decade, $10 billion more than its previous 10-year plan.
MISO Flags Capacity Gap Risks in Fleet Transition Assessment
MISO's Regional Resource Assessment found there will be a persistent risk of capacity shortfalls as fossil plants retire and more renewables come online.

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