Market Edge Blog

1506, 2018

New Jersey Supports Nuclear Power Plants

June 15th, 2018|News|

On May 23, Phil Murphy, the governor of New Jersey signed a bill that will subsidize three of the state's nuclear power plants. These power plants have been struggling financially for the past few years. New Jersey residents will be spending $300 million dollars a year to keep these nuclear [...]

606, 2018

Early Summer Price Volatility Seen in Texas

June 6th, 2018|News|

Summer in Texas seems to have set in a little early this year with near record temperatures being seen across much of the State.  Electricity consumers and ERCOT officials alike, are watching closely to see how summer power prices will react to hot temperatures and a smaller than normal reserve [...]

904, 2018

FirstEnergy Solutions Files for Bankruptcy, Anticipates Plant Closures

April 9th, 2018|News|

As expected, FirstEnergy Solutions filed for chapter 11 bankruptcy protection on March 31, 2018.  The company simultaneously made a direct request to the Energy Department for financial subsidies to support keeping its fleet of coal and nuclear plants operational, which the company has stated it will otherwise shut down.  FES [...]

404, 2018

Renewables Increases as Source of Energy Generation

April 4th, 2018|News|

Resources While U.S. clean energy installations lagged, a record amount of capacity brought online in 2016 drove generation from renewables in 2017 to its highest level ever, at 18 percent of the overall energy mix. Natural gas and coal still remain the top producers of U.S. electricity, but both [...]

2803, 2018

Cove Point LNG Export Terminal Coming Online

March 28th, 2018|News|

Dominion Energy’s first vessel, tanker Gemmata,  left their Cove Point LNG terminal in Maryland earlier this month, but the company did not specify its exact destination.   Cove Point is the second big LNG terminal in the U.S. as Dominion spent $4 billion to add export facilities to this terminal.  Cove [...]

711, 2017

Luminant to Retire Three Coal Plants

November 7th, 2017|News|

Over the past two weeks, Luminant announced the closing of nearly 4,200 MW of coal fired power generation units at 3 different plants in Texas. On October 6th, Luminant made public its plan to close the Monticello plant, then on October 13th it announced it would also be closing the [...]

2905, 2013

Department of Energy Approves LNG Export Project

May 29th, 2013|News|

The DOE on Friday announced its approval of the Freeport LNG application to export liquefied natural gas produced in the U.S.  The approval is the first since 2011 and the first since the DOE completed and released in December its study that concluded that additional LNG exports would provide a [...]

1407, 2012

Illinois Coal to Gas Plants Going in Opposite Directions

July 14th, 2012|News|

Developers of two different coal to gas plants proposed in Illinois have seen their fates take divergent courses in the last month.  Tennaska, who had been pushing for over a year to build a new power plant that would be fueled by gasified coal, saw their legislative initiative to force [...]

2202, 2012

Changes to Dodd-Frank Bill Should Help Energy Suppliers and End Users

February 22nd, 2012|News|

The House Agriculture Committee passed several important changes to the Dodd-Frank Wall Street reform bill several weeks ago that will provide more clarity to suppliers and end users of energy. The original bill contained provisions that would have brought substantial new regulations on suppliers of energy such as electricity, natural [...]

2111, 2011

Pennsylvania Looking to Modify Competitive Market Rules

November 21st, 2011|News|

The Pennsylvania Public Utility Commission is in the process of considering various changes to the retail electricity markets to make "improvements to ensure that a properly functioning and workable competitive retail electricity market exists in the state." One major issue that the PUC is examining is the fact that there [...]