energy security

06Jan

The Important Difference Between Capacity and Security

To hear environmental groups and renewable boosters tell it, the Federal Energy Regulatory Commission’s (FERC) recent action to restore competition to PJM Interconnection’s capacity market was a terrible solution in search of non-existent problem. The capacity market is supposed to ensure that PJM’s customers will have adequate generating capacity, including a strong reserve of power, […]
30Oct

Are You Afraid of the Dark?

What’s scarier than a Stephen Strasburg curveball? Ask the Houston Astros and they’d probably say, “not much.” But Halloween’s imminent arrival means a different kind of scary. If there’s a constant about what scares us, it’s the dark. Watch most – if not all – scary or post-apocalyptic films and the first thing to go […]
10Apr

When the Market is the Problem

“Allow the market to work” has been the catchphrase rebuttal to any suggestion that the accelerating loss of baseload, fuel-secure power plants threatens grid reliability. Renewable and natural gas advocates have sung it from the rooftops like a lost verse of “Baby Shark.” What their dismissal assumes – what their unshakeable faith in the market […]