US: +1 (877) 51 POWER 
Europe: +44 (0) 207 198 1634 Lubbock Power & Light has announced a slight delay in its integration into the ERCOT market, which likely means a delay in the move to deregulation. It will still happen, so it is vital and timely to create a plan now.
Lubbock Power & Light has announced a slight delay in its integration into the ERCOT market, which likely means a delay in the move to deregulation. It will still happen, so it is vital and timely to create a plan now.
Starting in March, a credit on your ComEd electric bill will drop sharply and flip to a charge beginning in June 2023. In late 2021 Illinois adopted the Climate & Equitable Jobs Act (CEJA), which included a bailout for three nuclear plants in the state. Under the CEJA, Carbon Mitigation Credits (CMCs) are auctioned off, […]
Massachusetts has passed energy legislation designed to accelerate the transition to a lower emission economy. The legislation includes several new programs, revisions or expansion of some existing programs, and a more precise roadmap for the buildout of more renewable generation resources in the Commonwealth. Expanded EV Programs: The legislation includes incentives for the purchase of […]
The Rhode Island legislature has passed a revision to the state’s Renewable Portfolio Standards (RPS), which significantly increase the required percentage of renewables over the next decade. The revised rules, which are expected to be signed into law by Governor McKee, accelerate the growth rate in RPS requirements from the existing 1.5% increase per year […]
Revised information on the timeline for repairs to the Freeport LNG export terminal pushed the US natural gas markets lower on June 14, and expectations of increased injections into storage in the coming weeks eased fears of shortages for the coming winter. As previously reported by Tradition Energy, the Freeport LNG terminal was damaged on […]
The Midwest Independent System Operator (MISO), who coordinates the electricity grid for many states, including Illinois and Michigan, has announced a sharp increase in capacity costs starting in June of 2022. MISO recently conducted its annual auction to secure capacity resources to meet electricity demand requirements across its system for the June 2022 – May […]
Over the past few weeks, significant price increases in the natural gas market have driven electricity prices higher as natural gas is the largest cost component contributing to the price of electricity in most US electricity markets. Natural gas prices are higher overall due to the fundamentals of limited supply vs. abnormally low gas storage […]
The February 2022 NYMEX natural gas contract saw record levels of volatility that will have a direct impact on costs for customers in variable agreements. In the minutes before the market closed, when the price for February gas was to be permanently set, prices increased more than 50% in just 13 minutes. After seeing prices […]
As a result of the grid events caused by Winter Storm Uri in early 2021, ERCOT has altered several ways in which it buys services to ensure system stability. Starting in mid-July ERCOT began buying extra volumes of what are referred to as “ancillary services” including: A. Paying more generators to be ready as “reserve” […]
