Posts Tagged ‘Grid’
PJM 2026/2027 and 2027/2028 Capacity Base Residual Auctions – Update
PJM 2026/2027 and 2027/2028 Capacity Base Residual Auctions – Update. In our previous article, we reported on PJM’s 2025/2026 Capacity Base Residual Auction results. After collaboration with stakeholders, and review by the Federal Energy Regulatory Commission (FERC), PJM recently announced the following updates. These updates are meant to address resource adequacy issues resulting from tightening…
Read MorePJM 2025/2026 Capacity Base Residual Auction Results
PJM 2025/2026 Capacity Base Residual Auction Results PJM recently concluded its capacity Base Residual Auction (BRA) for Planning Year (PY) 2025/26. The resulting prices, compared to previous recent auctions, are significantly higher. For PY 2024/25, the RTO capacity price is $28.92/MW-day. For PY 2025/26, the RTO capacity price cleared at $269.92/MW-day, a more than nine-fold…
Read MoreElectricity and Rock: Still Not Friends
By Evelyn Teel In a previous blog post, we discussed findings from the U.S. Geological Survey (USGS) that the I-95 corridor is particularly at risk of grid outages in the event of a geomagnetic storm. You can read that blog post here: https://avalonenergy.us/2018/07/electricity-meet-rock/. Further research has been conducted, and a new report from the USGS…
Read MoreWind Power, Transmission Lines, and a Vision for a Better Electric Grid
By Evelyn Teel Wind energy is an incredible resource with incredible potential. The generation costs are low, the efficiency of turbines continues to increase, and the threat to birds continues to decline. An unfortunate irony, however, is that the places with the most prolific wind energy tend to be places with relatively little demand for…
Read MoreElectricity, meet Rock
For several years, the U.S. Geological Survey (USGS) has been investigating the potential effects of intense geomagnetic storms on electric utility infrastructure. In 2016 they concluded, “A severe geomagnetic storm could disrupt the nation’s power grid for months, potentially leading to widespread blackouts. Resulting damage and disruption from such an event could cost more than…
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