Latest Electricity market Stories

MARKET MONITOR FINDS PJM WHOLESALE ELECTRICITY MARKETS REMAIN COMPETITIVE EAGLEVILLE, Pa., May 16, 2013 /PRNewswire/ -- PJM Interconnection's wholesale electric energy and capacity markets produced competitive results in the first three months of 2013, according to the 2013 State of the Market Report for PJM: January through March, released today by Monitoring Analytics, LLC, the Independent Market Monitor for PJM. The Independent Market Monitor, Joseph Bowring, announced findings...

Keeping the grid resilient to face weather extremes VALLEY FORGE, Pa., May 14, 2013 /PRNewswire/ -- PJM Interconnection, operator of the nation's largest electric grid,  expects to have sufficient power this summer when air conditioners push power use to as high as 155,553 megawatts. This compares to PJM's all-time peak demand of 163,848 MW. PJM serves 60 million people in 13 states and the District of Columbia. One megawatt is enough to power 1,000 households. To meet demand, PJM has...

In the news release, Duquesne Light Energy Expands Retail Electricity Supply to 12 Pennsylvania Counties, issued 07-May-2013 by Duquesne Light Energy, LLC over PR Newswire, we are advised by the company that it was inadvertently issued without the necessary disclaimer paragraph, which has now been added as the last paragraph of the release. The complete, corrected release follows: Duquesne Light Energy Expands Retail Electricity Supply to 12 Pennsylvania Counties Competitive Offerings...

Diverse spectrum of consumers call for competitively priced electricity SACRAMENTO, Calif., May 7, 2013 /PRNewswire/ -- California schools, hospitals, retailers, hotels, restaurant chains, grocers, manufacturers, government facilities and many others have united to write state lawmakers urging support for pending legislation to increase opportunities for access to the competitive retail electricity market for customers in California. Known in California as "direct access," the...

- Launch of ICE Endex is a joint initiative between ICE and Gasunie, based on the spot gas and derivatives markets of former APX-ENDEX LONDON, AMSTERDAM and GRONINGEN, The Netherlands, March 27, 2013 /PRNewswire/ -- IntercontinentalExchange (NYSE: ICE), a leading operator of global markets and clearing houses, and Gasunie, a leading European gas infrastructure company, today announced the launch of ICE Endex, following receipt of competition clearance by the Office of Fair...

CAMBRIDGE, Mass., March 21, 2013 /PRNewswire/ -- Economists at The Brattle Group have released an update to a 2011 report for the Alberta Electric System Operator (AESO) that reviews the long-term challenges to resource adequacy in Alberta's electricity market and assesses the sustainability of the energy-only market design from a resource adequacy perspective. The updated analysis confirms the conclusions drawn from the 2011 review and finds that the Alberta electricity market is...

Pat Wood to Present Award at GCPA Spring Conference AUSTIN, Texas, March 14, 2013 /PRNewswire-iReach/ -- (AUSTIN, TEXAS) The Gulf Coast Power Association (GCPA) Board of Directors is pleased to announce that it has selected John Stauffacher as the 2013 recipient of the GCPA Pat Wood Power Star Award. This award is presented annually in recognition of the honoree's significant contributions towards the advancement of competitive energy markets in Texas. This year's award will be...

MARKET MONITOR FINDS PJM WHOLESALE ELECTRICITY MARKETS REMAIN COMPETITIVE EAGLEVILLE, Pa., March 14, 2013 /PRNewswire/ -- PJM Interconnection's wholesale electric energy and capacity markets produced competitive results in 2012, according to the 2012 State of the Market Report for PJM, released today by Monitoring Analytics, LLC, the Independent Market Monitor for PJM. The Independent Market Monitor, Joseph Bowring, announced findings of the report today. The report is the...

750 transmission projects authorized in 2012 VALLEY FORGE, Pa., March 7, 2013 /PRNewswire/ -- Massive shifts in the fuels used to generate electricity are requiring major investments for electric transmission grid improvements, a recent study by PJM Interconnection reveals. In 2012, PJM, which plans improvements to the regional power grid, authorized more than 750 electric transmission improvement projects with a total cost of more than $5 billion. PJM's recently published report...

NEW YORK, March 5, 2013 /PRNewswire/ -- Platts has re-launched Megawatt Daily, its flagship North American electricity publication, bolstering the newsletter's analytical content with data sets from BENTEK Energy that offer subscribers unparalleled access to and understanding of regional pricing and production costs. BENTEK, a leader in North American fundamental market analysis, is a unit of Platts. "Our subscribers indicated a desire for deeper, more-analytical coverage of the...