News - Jennifer Chen
PJM is seeking to procure more reserves at higher prices by augmenting its operating reserve demand curve. Because the reserve and energy markets interact, energy prices will increase too, writes Nicholas Institute Senior Counsel Jennifer Chen for RTO Insider.
Stakeholders in PJM may decide on Thursday to initiate a process to study and potentially price CO2 emissions in its energy market. Such a process would provide a forum for much needed detailed discussion and analysis on what could be a critical link between CO2 emissions policies and efficient markets, writes Jennifer Chen, senior counsel at Duke's Nicholas Institute for Environmental Policy Solutions, in Greentech Media.
The Gulf Coast Power Association’s annual Spring Conference on April 16-17 began the day after the U.S. Supreme Court declined to hear challenges to Illinois’ and New York’s zero-emission credit programs. The court’s decision was a stark reminder that individual states are driving changes to the country’s electric generation mix, often to the frustration of the grid operators charged with operating competitive, economically efficient markets, reports RTO Insider.
The White House, federal agencies and some regional grid operators are seeking to boost electric grid reliability and resilience. In Utility Dive, Duke's Nicholas Institute for Environmental Policy Solutions' Kate Konschnik and Jennie Chen write that improving grid flexibility could achieve the aims of fuel security more cost effectively while modernizing and decarbonizing the grid.