Northeastern Capacity Market Fails to Deliver Reliability
Wonder why capacity markets don’t work? Look no further than New England, where officials warn that electric reliability is deteriorating. In a recent filing to the Federal Energy Regulatory Commission, operators of the New England power grid noted that the rate of...
New TCAP Report: Capacity Market Will Increase Electricity Costs, Government Regulations
“A Retreat from Electric Competition: How a Texas Capacity Market Will Lead to Expensive Subsidies, New Regulations and Higher Prices”
Expensive Errors: Reliability Forecasts Fall Short
ERCOT officials will release a new report later this year that should incorporate a more robust modeling technique. The findings may play an important role in the ongoing debate over resource adequacy — and could have a real impact on how much we all pay for electricity.
Capacity Market: NRG’s Conflicting Stories
A big electric company claims a capacity market in Texas would be worth it. But at a cost of nearly $5 billion annually to consumers, the question might be asked: worth it for whom?