PJM’s Markets Competitive, Energy Prices Up, Monitor Finds

according to By Rory D. SweeneyPJM's markets were competitive in the first nine months of the year and energy prices were up $1/MWh compared to the same period last year, the Independent Market Monitor found in its quarterly State of the Market Report. Coal and natural gas costs rose faster than electricity prices, undercutting generator revenues. In the first nine months of this year, coal stood at 32.5% and gas rose to 52.9%, the Monitor said. In the first nine months of 2017, 74.1% of the wind marginal units had negative offer prices, 18.9% had zero offer prices and 6.9% had positive offer prices. Demand response payments also decreased by $167.2 million (31.1%) to $370.6 million, while congestion costs fell $366.8 million (44.6%) to $455.4 million.

COP23: Forward-Thinking Companies Are Shifting Markets and Driving the Clean Energy Transition

The Climate Group CEO Helen Clarkson discusses the crucial role of non-state actors in advancing climate action at COP23. The Climate Group / /TwitterCOP23: Forward-Thinking Companies Are Shifting Markets and Driving the Clean Energy Transition

What Changed In The Solar Energy & Storage Markets In October?

as informed in What Changed In The Solar Energy & Storage Markets In October? Below is a concise summary of the most notable solar and energy storage stories of the month. Over 10 years, US solar energy grew 4500% and wind energy grew 350%. Speaking of rooftop solar, Sunrun currently has over 2000 orders in for its solar + storage Brightbox offering in California and Hawaii. South America's largest solar power plant, a 246 MW solar farm in Chile, went online in October.

collected by :Victor Alphen