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Europe: +44 (0) 207 198 1634 August 15, 2024 EV Program Costs Drive CT Delivery Rates Even Higher Just over a month after the Connecticut regulators approved the large delivery cost increases detailed below they have authorized additional increases in delivery rates for both major utilities in the state. This time the increases are more modest at ~$0.004/ kWh (or about […]
July 31, 2024 What’s Happening? The PJM Capacity auction conducted earlier this month cleared at the highest values ever, amounting to a total capacity market cost of over $15B, a nearly 10-fold increase. The auction, covering June 2025 to May 2026, has been influenced by new rules. These rules, particularly those governing the treatment of […]
July 15, 2024 What’s Happening? Each year, the utilities in Connecticut file a Rate Adjustment Mechanism (RAM) request with the state regulator (CT PURA) to account for adjustments to costs that are unrelated to their system’s operations or energy supply. The docket for the Eversource/CLP 2024 process is 2024-01-03, while the UI docket is 2024-01-04. […]
January 1, 2024 ERCOT 4CP Seasonal Review The 2023 ERCOT 4CP Season, which ended on the last day of September, witnessed ERCOT demands rising sharply and eclipsing 80,000 MWs in all months for the first time ever. On Thursday, August 10th, ERCOT system demand reached over 85,000 reaching 85,636 MWs to set a new all […]
