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Capacity Owner CFO: Experience in PJM Capacity Market Has Been Like "Whack-A-Mole"; Warns "Steel in the Ground" Being Replaced by New-Build Generation That "May Not Be There"

The market design, and constant changes, of PJM's Reliability Pricing Model has been likened to the game of "Whack-A-Mole" by Exelon CFO and Executive Vice President Jonathan Thayer, as Thayer also warned that the market is replacing "steel in the ground" generation with new build generation that…

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Direct Energy Expands Program with Pennsylvania School District Service Agency

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Different Tune: Pennsylvania PUC Chair Cites "Reliability," "Jobs" Concerns from Plant Closure, Validating Other States' Long-Term Contracting; Capacity Owner Cites Market "Dysfunction" in PJM

Testifying before a state senate hearing, Pennsylvania PUC Chairman Robert Powelson expressed concerns with the impact on "reliability" and "jobs" from the planned closure of two FirstEnergy Generation power plants in Pennsylvania, validating concerns expressed by other state regulators who have…

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With Pennsylvania's Track Record, Not Much, Other than Sound & Fury, Should Be Expected from New Retail Natural Gas Market Investigation; Focus Should be on Threshold Legal Questions, Not Policy

Pennsylvania has launched its third investigation in the last 10 years to jumpstart the chronically "dismal" retail natural gas market, but the PUC's track record with its prior investigations, as well as its recently concluded retail electric market investigation, should counsel any retail…

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FAILURE: Paying for Mandated Reserve Margin, Capacity Market Can't Save Customers in Ohio, Pennsylvania, Michigan from Involuntary Load Shed, Outages due to Lack of Available Supply

In what is ultimately a failure of a mandated reserve margin to keep the lights on -- despite the billions of dollars in costs that it annually imposes on customers -- PJM was forced to direct utilities to involuntarily curtail tens of thousands of customers on Tuesday, due to "unseasonably" hot…

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Pennsylvania Retail Energy News (Page 110) | EnergyChoiceMatters.com