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Senate Hearing: Wholesale Electricity Prices Too Low To Support Coal, Natural Gas Power Plants In Market; Natural Gas Reliability Issues Will Continue

PA Environment Daily

On May 1, the Senate Environmental Resources and Energy Committee was told the wholesale prices of electricity in the PJM regional electric grid are too low to support coal and natural gas power plants. The PJM Providers Group represents all forms of generation-- gas, coal, nuclear, solar, wind and other renewables.

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PJM Interconnection Hears Testimony On Making Electricity Market Reforms To Address Nonperformance Of Natural Gas And Other Generators During Winter Storm Elliot; Transition To Clean Energy

PA Environment Daily

On August 23, the PJM Interconnection Critical Issue Fast Path Resource Adequacy stakeholder group heard testimony and suggestions on the issue of making electricity market changes to address nonperformance of natural gas and other generators during emergencies and events like Winter Storm Elliot in December. Read more here.

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PUC: Electric Utilities To Increase Cost Of Electricity They Provide To Non-Shopping Customers Dec. 1, Some As High As 50%; Increases Driven By Price Of Natural Gas

PA Environment Daily

On November 22, the Public Utility Commission alerted consumers and small businesses that most utilities will be adjusting their price to compare for electric generation on December 1st – with potentially large winter energy cost increases in some areas for non-shopping (default service) customers. cents to 7.98 cents to 7.98 cents to 7.98

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Homer City Coal-Fired Power Plant To Close In Indiana County; Low Price Of Natural Gas, High Price Of Coal, Regulatory Burdens, RGGI Cited As Causes

PA Environment Daily

Homer City based its decision on several factors including the low price of natural gas, a dramatic spike in the cost of its ongoing coal supply, unseasonably warm winters and increasingly stringent environmental regulations. On April 3, Homer City Generation, L.P. Homer City will see tiered layoffs as a result.

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IFO Reports PA Natural Gas Prices Increased 187.1% In Last Year, Higher Than Henry Hub Price

PA Environment Daily

percent increase in the Pennsylvania price for natural gas since the third quarter of 2020, even higher than the 120.1 percent increase in natural gas production in the third quarter over the same quarter in 2020 to 1,884 billion cubic feet of gas. Production The IFO reported there was a 6.8

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PUC Natural Gas Winter Reliability Reports - Heating Bills Will Be Significantly More Expensive This Winter

PA Environment Daily

On November 23, the Public Utility Commission released 2021 Winter Reliability Overview Reports from the state’s major natural gas distribution companies (NGDCs), along with a related Readiness Report from the Energy Association of Pennsylvania (EAP). Click Here for copies of the natural gas winter reliability reports.

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NRDC: PJM Interconnection Delays In Queue To Approve Renewable Energy Projects Threatens State Transition To Clean Energy; PJM Has Approved 35,000 MW Of Renewables

PA Environment Daily

[PJM also said at the same hearing there is such a high percentage of renewable new energy generation seeking to connect to the PJM grid because renewable energy is cheaper than natural gas and nuclear. Read more here.] For context, there were 200 GW of clean energy resources operating in the entire U.S.