Solar power purchase agreements averaged $57.04 per MWh, increasing 1% quarter-over-quarter in North America.
A consulting firm incubated by Google as a “Moonshot” project will collaborate with PJM to streamline the interconnection application process.
Improving compensation for energy storage can improve grid reliability and save customers money, says a clean power trade group.
The Sierra Club and four other public interest organizations say that jumping the interconnection queue offers no guarantee of these resources coming online in time to meet what PJM describes as an urgent need.
Faster interconnection of generating resources waiting in PJM’s queue, nearly all renewables, could have resulted in far lower capacity prices in PJM’s latest auction, but instead consumers will pay for PJM’s high capacity prices, says a study by Grid Strategies.
The Sycamore Creek Solar project will deliver clean energy to the PJM grid when complete.
The 577 MW Fox Squirrel project will deliver renewable energy to Amazon.
Mid-Atlantic grid operator PJM has a ready opportunity to enable substantially more battery capacity and prevent a near-term resource adequacy shortfall, says a trade group report.
One solution is to aggregate distributed energy resources with energy management systems and energy storage, into virtual power plants, which are proving their worth as key players in increasing grid capacity and balancing the grid.
Panelists at RE+ in Philadelphia said storage deployment in the PJM region lags others, but doesn’t have to.
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