EnergyOnline
Services

RSS FEED

EnergyOnline.com rss

News

New York Poised to Close Last Coal-fire Power Plant

LCG, December 4, 2019--The last operating coal-fired power plant in New York is moving toward closure shortly. Last month, Somerset Operating Company, a subsidiary of Riesling Power LLC, submitted a request to the New York State Public Service Commission (NYSPSC) to waive the state's required, 180-day notice to close the Somerset Station, allowing the facility to be retired on February 15, 2020. Closure is contingent on approvals by both NYSPSC and the New York Independent System Operator (NYISO), which will evaluate if it will cause an adverse effect on grid reliability.

Read more

Construction Commences on Enel’s Aurora Wind Farm in North Dakota

Enel Green Power North America, Inc. (“EGPNA”), the US renewable energy company of the Enel Group, has started construction of the 299-MW Aurora Wind Farm in North Dakota.

Read more

Industry News

PJM Passes Tough Systems Audit

LCG, Oct. 16, 2001--PJM Interconnection, the regional transmission organization formed by members of the Pennsylvania-New Jersey-Maryland Power Pool, said yesterday it had passed with flying colors a tough audit of its systems conducted by PricewaterhouseCoopers.

PJM said the audit indicated that its market settlement processes have achieved a comprehensive set of control objectives designed to protect the integrity of market settlement data, assuring its 200 members that the information and activities they rely on from PJM are operated in a well controlled and risk-managed environment.

"We are pleased with the results of this audit and proud to be able to demonstrate to our members that our control and business practices meet stringent guidelines," said Phillip G. Harris, PJM chief executive.

PJM pointed out that it had voluntarily submitted to the Statement on Auditing Standards 70 type II audit, which encompassed all control objectives related to the PJM market settlement process as well as its Internet tools -- the information technology infrastructure that supports the multiple PJM markets.

According to PricewaterhouseCooper's findings, the controls that were tested were operating with sufficient effectiveness to provide reasonable assurance that the specified control objectives were achieved during the time period covered by the audit, PJM said.

PJM claims (with justification) to be the country's only fully functioning RTO, operating the world's largest competitive wholesale electricity market and one of North America's largest power grids.

Copyright © 2019 LCG Consulting. All rights reserved. Terms and Copyright
Generator X
Generation and Transmission Planning and Optimization
UPLAN-NPM
The Locational Marginal Price Model (LMP) Network Power Model
UPLAN-ACE
Day Ahead and Real Time Market Simulation
PowerMax
Day-ahead and real-time portfolio revenue optimization
UPLAN-G
The Gas Procurement and Competitive Analysis System
PLATO
Database of Plants, Loads, Assets, Transmission...
MarketWatch
Annual summary of prices, congestion and important events in ERCOT
CAISO CRR Auctions
Monthly Price and Congestion Forecasting Service