In a strategic move aimed at enhancing its power supply reliability, FirstEnergy is actively exploring alternatives to the PJM capacity market. This development reflects the company’s proactive approach to addressing challenges within the existing market structure and ensuring a more robust and resilient energy supply for its customers.
Understanding the PJM Capacity Market
The PJM capacity market, administered by PJM Interconnection, is a critical component of the region’s electricity market, which spans parts of the...
How to improve reliability by hardening the power grid BY BO ZENG, WEI YUAN & LONG ZHAO, University of South Florida North America relies heavily on its interconnected power grid. Throughout its history, the grid has provided years of reliable electricity to 300 million people to power home...
Asset and risk management for electric utilities BY SIRI VARADAN, UISOL, & SERGE VANASSE, Clevest Aging transmission and distribution (T&D) infrastructure is a critical issue for electric utilities, resulting in the need for utilities to make decisions regarding the replacement, repair,...
A coalition of large energy consumers and ratepayer advocates has filed a complaint with the Federal Energy Regulatory Commission (FERC), urging the agency to prohibit transmission owners from independently planning "local" transmission projects exceeding 100 kilovolts (kV). The coalition argues...
Addressing the impacts and the drawbacks BY ELIZAVETA MALASHENKO, CHRIS VILLARREAL, & J. DAVID ERICKSON, California Public Utilities Commission With grid modernization or “Smart Grid” efforts underway, cyber security is being recognized as an increasingly important factor in ensuring...
As the global demand for renewable energy intensifies, wind farms are emerging as pivotal players in the transition to sustainable power sources. In 2023, the wind industry added a remarkable 117 gigawatts (GW) of global capacity, underscoring its growing significance in the energy landscape....
A coalition of large energy consumers and ratepayer advocates has filed a complaint with the Federal Energy Regulatory Commission (FERC), urging the agency to prohibit transmission owners from independently planning "local" transmission projects exceeding 100 kilovolts (kV). The coalition argues...
In the evolving landscape of power grid management, integrating advanced sensor technologies in intelligent transformers and substations is revolutionizing monitoring and control. These sensors provide real-time data collection and analysis, significantly improving asset management and fault...
The evolving demands of modern power grids necessitate the adoption of advanced technologies that can provide enhanced efficiency, reliability, and flexibility. Smart transformers are at the forefront of this technological revolution, offering a range of capabilities that significantly improve the...
In a significant shift, the Federal Energy Regulatory Commission (FERC) has decided to abandon its transmission incentives policy, particularly the construction work in progress (CWIP) incentives. This decision marks a pivotal change in how transmission projects are financed and regulated,...
In a strategic move aimed at enhancing its power supply reliability, FirstEnergy is actively exploring alternatives to the PJM capacity market. This development reflects the company’s proactive approach to addressing challenges within the existing market structure and ensuring a more robust...
