Nebulosity’s Post

PJM artificially inflates capacity prices by billions, complaint alleges. The PJM Interconnection artificially boosts capacity prices by not accounting for reliability must-run power plants in its capacity market, the Sierra Club and other groups told FERC. The PJM Interconnection’s failure to consistently account for power plants with reliability must-run contracts in its capacity market could drive up ratepayer costs by $15 billion in the next three capacity auctions, according to a complaint filed Friday at the Federal Energy Regulatory Commission by the Sierra Club and other groups. By failing to either require RMR resources — power plants that have been given contracts to continue operating past planned retirements — to bid into capacity auctions or to account for the expected output from those plants in its forecast for how much capacity PJM needs, the grid operator forces consumers to pay twice for those plants’ capacity value, which is “unjust and unreasonable,” the groups said in the complaint. “Failing to account for resource adequacy provided by RMR units produces capacity market price signals that are disconnected from the actual supply and demand balance on the grid,” the groups said. “The result is artificially elevated prices that harm the markets by encouraging inefficient decisions by both supply and demand side market participants.” Unlike ISO New England, the New York Independent System Operator and the California Independent System Operator, PJM doesn’t require RMR resources to participate in their capacity auctions or equivalent market, according to the complaint. Under PJM’s auction held in July, for most of the PJM region, capacity prices for the 2025/26 delivery year soared to $269.92/MW-day, up from $28.92/MW-day in the last auction, the grid operator said in an auction report. Prices hit zonal caps of $466.35/MW-day for the Baltimore Gas and Electric zone in Maryland, and $444.26/MW-day for the Dominion zone in Virginia and North Carolina. Total cost to consumers jumped to $14.7 billion from $2.2 billion in the previous auction. TNi Energy-BESS 10HR LDES, we've innovated a groundbreaking method that repurposes recycled lead-acid batteries, extending their life span to 25 years for C1 to C20 Energy Storage purposes. Previously, the industry lacked a safe and environmentally conscious alternative to lithium | sodium-ion batteries. However, our proprietary technique reveals that lead-acid batteries are not only SAFER but also 60-75% more cost-effective than their hazardous counterparts. Made in the USA. LCOS = .42 kW/h #TNiEnergy,#10HRLDES,#ELDES,#C1toC20,#nebulositycloud, #BESS,#C3Energy,#Energy,#LDESS.Energy, #ZEROemmissions, #ZEROcarbon, #energytransistion, #LeadAcid Battery, #windpower, #solarpower, #VPP, #MicroGrid, #DERM, #HydroPower, #BitCoinMining 

Calpine to explore adding new generation in PJM after latest auction provides “loud and clear” message. The company is focusing on potential new generation in Ohio and Pennsylvania, but said clarity regarding state-level air emissions regulations is needed for projects to move forward in Pennsylvania. In response to skyrocketing energy prices within PJM Interconnection, power producer Calpine plans to explore multiple new locations for generation capacity, particularly in Ohio and Pennsylvania. The company also said it would explore a potential expansion of its existing fleet. “When more electricity generation capacity is needed and reserves begin to tighten, a well-designed competitive market sends the appropriate signals to generators to spend capital on both new and existing sources. We received that message loud and clear,” said Caleb Stephenson, Calpine EVP of Commercial Operations. Over the last decade, Calpine has brought online 1,600 MW of new gas-fired generation within PJM territory. PJM is the largest grid operator in the U.S. Last month, PJM announced the results of its latest power market auction. The auction produced a price of $269.92/MW-day for most of the PJM footprint, compared to $28.92/MW-day for the 2024/2025 auction. The morAfter seeing positive market signals in Texas, Calpine began redevelopment efforts in the Lonestar State last year. The company is reportedly on track to add over 1,000 MW of generation to its Texas fleet over the next few years.e than 800% increase expects to have a massive ripple effect across PJM’s 13-state footprint. Insufficient future transmission planning, the retirement of fossil-fired generation, long interconnection queues and the implementation of FERC market reforms are all contributing to the price hikes. After seeing positive market signals in Texas, Calpine began redevelopment efforts in the Lonestar State last year. The company is reportedly on track to add over 1,000 MW of generation to its Texas fleet over the next few years. TNi Energy-BESS 1.20MW 10HR LDES, we've innovated a groundbreaking method that repurposes recycled lead-acid batteries, extending their life span to 25 years for C1 to C20 Energy Storage purposes. Previously, the industry lacked a safe and environmentally conscious alternative to lithium | sodium-ion batteries. However, our proprietary technique reveals that lead-acid batteries are not only SAFER but also 60-75% more cost-effective than their hazardous counterparts. Made in the USA #TNiEnergy,#10HRLDES,#ELDES,#C1toC20,#nebulositycloud, #BESS,#C3Energy,#Energy,#LDESSEnergy, #ZEROemmissions, #ZEROcarbon, #energytransistion, #LeadAcid Battery, #windpower, #solarpower, #VPP, #MicroGrid, #DERM, #HydroPower, #BitCoinMining 

Calpine to explore adding new generation in PJM after latest auction provides “loud and clear” message. The company is focusing on potential new generation in Ohio and Pennsylvania, but said clarity regarding state-level air emissions regulations is needed for projects to move forward in Pennsylvania. In response to skyrocketing energy prices within PJM Interconnection, power producer Calpine plans to explore multiple new locations for generation capacity, particularly in Ohio and Pennsylvania. The company also said it would explore a potential expansion of its existing fleet. “When more electricity generation capacity is needed and reserves begin to tighten, a well-designed competitive market sends the appropriate signals to generators to spend capital on both new and existing sources. We received that message loud and clear,” said Caleb Stephenson, Calpine EVP of Commercial Operations. Over the last decade, Calpine has brought online 1,600 MW of new gas-fired generation within PJM territory. PJM is the largest grid operator in the U.S. Last month, PJM announced the results of its latest power market auction. The auction produced a price of $269.92/MW-day for most of the PJM footprint, compared to $28.92/MW-day for the 2024/2025 auction. The morAfter seeing positive market signals in Texas, Calpine began redevelopment efforts in the Lonestar State last year. The company is reportedly on track to add over 1,000 MW of generation to its Texas fleet over the next few years.e than 800% increase expects to have a massive ripple effect across PJM’s 13-state footprint. Insufficient future transmission planning, the retirement of fossil-fired generation, long interconnection queues and the implementation of FERC market reforms are all contributing to the price hikes. After seeing positive market signals in Texas, Calpine began redevelopment efforts in the Lonestar State last year. The company is reportedly on track to add over 1,000 MW of generation to its Texas fleet over the next few years. TNi Energy-BESS 1.20MW 10HR LDES, we've innovated a groundbreaking method that repurposes recycled lead-acid batteries, extending their life span to 25 years for C1 to C20 Energy Storage purposes. Previously, the industry lacked a safe and environmentally conscious alternative to lithium | sodium-ion batteries. However, our proprietary technique reveals that lead-acid batteries are not only SAFER but also 60-75% more cost-effective than their hazardous counterparts. Made in the USA #TNiEnergy,#10HRLDES,#ELDES,#C1toC20,#nebulositycloud, #BESS,#C3Energy,#Energy,#LDESSEnergy, #ZEROemmissions, #ZEROcarbon, #energytransistion, #LeadAcid Battery, #windpower, #solarpower, #VPP, #MicroGrid, #DERM, #HydroPower, #BitCoinMining 

Via Utility Dive: " PJM considers fast-track review for shovel-ready generating projects: The grid operator expects generators will step in with new supplies in response to high prices in its recent capacity auction. " #Energy #Utility #Utilities

The battery storage market is in a state of flux due to the Clean Power 2030 (‘CP30’) action plan which is intended to sit alongside the NESO’s Grid Reform. Notwithstanding this, there are still going to be plenty of projects to be built, and those that are need to consider their supply agreements. Have a look at this quick read if you want to know more.

PJM's recent capacity auction saw costs skyrocket by 570%—from $2.2B to $14.7B—highlighting growing challenges in balancing electricity demand and supply. With coal plants retiring at an alarming rate (12,700 MW planned over 5 years), the grid is under increasing strain. I am biased when I say renewables (without batteries) are critical but currently they can’t fully replace the reliability of dispatchable generation, and interconnection bottlenecks delay progress. Building new capacity takes years, but we can act now: - Continue reducing the cost of a scalable battery solution - Delay retirements until replacements are operational. - Expedite necessary renewable and transmission projects. It’s time to prioritize reliability to ensure the lights stay on. 🌍💡 What steps do you think are most critical to solving this? #EnergyTransition #GridReliability #Renewables #Sustainability

Can VPP's - Virtual Power Plants relieve PJM’s price problem? PJM’s predicament ... PJM Interconnection’s most recent capacity auction moved money like a Princess Diana bear at the height of the Beanie Baby craze. The July 30 auction produced a price of $269.92/MW-day for most of PJM’s 13-state footprint, compared to $28.92/MW-day for the 2024/2025 auction, a nearly 900% increase. The total capacity bill for the region grew from $2.4 billion to about $14.7 billion. Ratepayers in PJM territory will start seeing the trickle-down effect on their respective bills beginning in mid-2025, which will surely delight those who don’t dutifully follow power market auctions. PJM blamed the high prices on load growth, decreased supply offers due to coal generator retirements, and FERC-approved market reforms. PJM anticipates at least 40,000 MW of load growth by 2039 and expects to lose at least 40,000 MW of fossil fuel generation by 2030. On paper, the numbers don’t look good, but as industry trade groups and politicians quickly pointed out, this situation was foreseeable and preventable. The clean energy projects waiting in PJM’s interconnection queue right now have enough capacity to replace all the generation currently operating in the PJM system, even after planned fossil fuel plant retirements, but its overloaded queue is completely shut down until sometime next year. Advocates point out PJM has fallen behind on transmission planning and argue the RTO hasn’t adequately prepared for the grid of the future, damning ratepayers to bear the consequences. TNi Energy-BESS 10HR LDES, we've innovated a groundbreaking method that repurposes recycled lead-acid batteries, extending their life span to 25 years for C1 to C20 Energy Storage purposes. Previously, the industry lacked a safe and environmentally conscious alternative to lithium | sodium-ion batteries. However, our proprietary technique reveals that lead-acid batteries are not only SAFER but also 60-75% more cost-effective than their hazardous counterparts. Made in the USA. LCOS = .42 kW/h #TNiEnergy,#10HRLDES,#ELDES,#C1toC20,#nebulositycloud, #BESS,#C3Energy,#Energy,#LDESS.Energy, #ZEROemmissions, #ZEROcarbon, #energytransistion, #LeadAcid Battery, #windpower, #solarpower, #VPP, #MicroGrid, #DERM, #HydroPower, #BitCoinMining 

What is electrical capacity and why does it matter? OnSite Partners latest blog has to do with the recent craziness and spikes in PJM Capacity rates. It made me wonder, as someone who is relatively new to the energy industry, how many people actually know what electrical capacity is and why it matters. I had no idea myself a few years ago. An electricity generating facility, regardless of the source (fossil fuel or renewable) of that electrical generation, will have a maximum amount of electricity that it can generate. This maximum limit is referred to capacity. Capacity is there whether it is called on or not. For example, a 500 megawatt power plant has 500 megawatts of capacity whether that plant is producing 5 megawatts or 500 megawatts at any given time. This maximum number, capacity, is important because adding up all the capacities from all the facilities on the grid tells you how much electricity the grid can deliver at any given time. If the collective demand on the grid remains below that maximum number, everyone is fine. If the collective demand exceeds that maximum number, then by definition there's not enough enough electricity to go around. The rules vary wildly across the country, but at the end of the day, in order to make sure that there's enough electricity generating capacity on the grid for everyone, everyone must buy the electricity generating capacity that they will use. Capacity or a similar term is one line item on the utility bill for a business or industrial account. When capacity prices go up, it not only incentivizes more power plants to be built, but it also incentivizes companies to reduce the amount of capacity that they need to buy. Behind the meter assets, be they natural gas generators, fuel cells, batteries or solar arrays can play a large role in reducing that capacity spend. #behindthemeter #resiliency-as-a-service #energy-as-a-service https://lnkd.in/eHZejKwa

Fantastic in depth report on the use of batteries in ERCOT from Grid Status First they came for our ancillary services, now it’s the energy. https://lnkd.in/dsFSV7gw

PJM’s recent capacity auction resulted in unprecedented prices across the region. Here’s what the 9x price increase signals about the power market and how companies can prepare. #demandresponse #energy #PJM