Natural gas market fundamentals are aligned for adequate supply under normal winter conditions, but extreme cold snaps could threaten infrastructure across portions of the United States, federal regulators have warned. FERC and the North American Electric Reliability Corporation (NERC) earlier this month issued the 2023-2024 Winter Energy Market and Electric Reliability Assessment. Citing adequate storage…
Pjm
Articles from Pjm
U.S. Electric Grid Operators Said Ready for Summer, but Could Extreme Conditions Threaten Supplies?
Electric grid operators said they are ready to meet power consumption this summer except in extreme circumstances, with natural gas-fired generation comprising the lion’s share of the sources expected to handle the peak loads. The largest U.S. grid operator, PJM Interconnection, said it has more than 186,000 MW of installed generating capacity, with reserve resources…
PJM Says Ready for Winter Energy Demand on Strengthened ‘Preparations and Processes’
PJM Interconnection LLC, which serves 65 million across the Mid-Atlantic, said it is armed to combat winter, with adequate fuel and energy supplies to meet a forecast peak demand of about 137 GW. The regional transmission operator serves customers in Delaware, Illinois, Indiana, Kentucky, Maryland, Michigan, New Jersey, North Carolina, Ohio, Pennsylvania, Tennessee, Virginia, West…
PJM Sees Ongoing Role for Natural Gas Amid Energy Transition
North America’s largest power grid and its stakeholders need to ensure “adequate” electricity supply from thermal power plants, which include natural gas- and coal-fired units, until a substitute is deployed at scale, according to initial results of a study by grid operator PJM Interconnection. “As the generation mix continues to rapidly evolve in PJM, we…
NRG Looks to Natural Gas, Plans to Retire Some PJM Coal Capacity
The future for Houston-based NRG Energy Inc. includes natural gas and retail consumer services with less coal-fired generation, CEO Mauricio Gutierrez said recently. The integration of Direct Energy, a natural gas retailer, along with a growing integrated consumer services platform, were the major drivers for increased earnings in the second quarter, Gutierrez said during a…
PJM Natural Gas-Fired Capacity to Rise Based on Latest Auction Results
A significant increase in new combined-cycle natural gas plants is expected to add 3,414 MW of capacity to PJM Interconnection’s power supply resources beginning in June 2022 through May 2023, according to the results of its latest auction. This year’s auction produced 144,477 MW of total resources for the 2022/2023 period. Headquartered in Valley Forge,…
PJM Forecasting Adequate Summer Power Supply as Other U.S. Grids More Stressed
PJM Interconnection, the largest U.S. power grid operator, is forecasting adequate supply to meet the electricity needs of its 65 million customers this summer. PJM, which serves 13 states and the District of Columbia, expects peak demand of about 149,000 MW this summer, but it has performed reliability studies at loads in excess of 155,000…
PJM Says Power Generation Sufficient to Meet Winter Demand
PJM Interconnection expects to have ample resources to meet power demand this winter across its 13-state territory and the District of Columbia. The grid operator said it should have more than 186,000 MW of resources available to meet the projected peak demand of around 136,000 MW. PJM’s all-time winter peak is 143,295 MW, which was…
Winter Is Coming, but ERCOT, PJM Said Ready
The Electric Reliability Council of Texas (ERCOT), the electric grid serving most of the state, expects to have sufficient installed generating capacity, including from natural gas, to serve forecasted peak demand this winter and into next spring. PJM Interconnection also said it is prepared to meet winter demands across its 13 member states and the District of Columbia.
NGI The Weekly Gas Market Report
Natural Gas-Fired Power Generators Continuing to Dominate PJM, Says EIA
Natural gas-fired power plants are running more frequently in the PJM Interconnection, accounting for even larger shares of electricity in the nation’s biggest wholesale market, according to the Energy Information Administration (EIA).