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Europe: +44 (0) 207 198 1634 A power outage that left 28,000 customers in the District of Columbia and Maryland in the dark also sent real-time prices higher, Platts reported. The locational marginal price for BGE exceeded $500/MWh, and Pepco prices reached approximately $400/MWh. According to a statement from the Washington, D.C., office of the mayor, the outage “was the result […]
While the total value of direct federal financial interventions and subsidies in energy markets decreased 23 percent from $38 billion to $29.3 billion dollars between fiscal years 2010 and 2013, solar subsidies skyrocketed from $1.1 billion to $4.5 billion in 2013, according to an updated report from the US Energy Information Administration (EIA). Declining solar […]
A bill (SB 1945) has been introduced by Texas Sen. Troy Fraser that would permit certain customers at certain municipal utilities to choose their electricity supplier, if the Public Utility Commission found the muni’s rates to not be just and reasonable, or dissimilar from rates found in customer choice service areas. SB 1945 would apply […]
Present Day to 2050, Report Quantifies the Economic and Social Benefits of Robust Wind Energy Growth WASHINGTON – In support of the President’s all-of-the-above energy strategy to diversify our nation’s power supplies, the Energy Department today released a new report looking at the future of wind power through 2050 and the economic benefits that come […]
Demand response (DR) advocates in Texas are preparing a bill they say would open up the state’s energy markets and unlock DR growth. Reducing power consumption can help control up to 4% of the Electric Reliability Council of Texas’ (ERCOT) peak load, FERC determined in a 2012 report. That’s actually the lowest among organized markets […]
