Capacity pricing changes: How each power market plans to account for resource adequacy; Moody's sees robust utility capital spending in 2018, dip in 2019, 2020; Dominion seeks to recover $300M from Virginia ratepayers for coal ash efforts; New Jersey regulators issue rules to rejoin RGGI carbon trading system
The announcement comes days after the state Public Service Commission approved the third phase of its clean energy standard as well as a 3 GW energy storage goal.
While PJM's capacity market reform plans dominate headlines, all grid operators are facing the need for greater flexibility as renewables increasingly enter their system.
Many utilities are not taking advantage of the capabilities offered by their Interactive Voice Response systems to help customers get the answers they need, faster.
Gov. Phil Murphy, D, issued an executive order in January to rejoin the CO2 trading system, but it took months for state regulators to work out the details.
Without a transformation, the negative impacts of modern-day demands on the grid, and therefore negative impacts on commerce, will only continue to grow, writes Metal Toad's Sasha Friedman.
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