Talen Energy Buys 2,500 MW of Mach Gen for $1.175B

Talen Energy Buys 2,500 MW of Mach Gen for $1.175B

Allentown, Pennsylvania-based Talen Energy – a major power generator and energy retailer already operating in the PJM (Mid-Atlantic), ISO-NE (New England), and ERCOT (Texas) markets – announced on July 20 an agreement to acquire the total 2,500 MW combined-cycle, natural gas (NG)-fired generating portfolio of … Read more…

Spring Natural Gas Consumption Soars in Eastern US

Spring Natural Gas Consumption Soars in Eastern US

The Energy Information Administration (EIA) announced that there has been a major increase in eastern natural gas consumption this spring. According to EIA: Natural gas consumption in the eastern half of the country, particularly in the electric power sector (power burn), has been much higher … Read more…

FERC Approves Plan to Reduce Winter Price Volatility

During the Polar Vortex that took place in early 2014, electricity prices spiked across the Northeast and Midwest as a result of insufficient natural gas supplies to meet an increasingly gas-dependent power generation fleet. PJM, the regional transmission organization that operates the market spanning much … Read more…

Energy Procurement Training Opportunities

There are many training opportunities available to professionals interested in developing their energy buying expertise. Many are free, either online or over the phone. In-person seminars and advisory services are fee-based. Course content can include: Competitive energy market fundamentals Provisions of electricity and gas contracts Procurement … Read more…

How Severe was the Polar Vortex on Electricity Prices?

How Severe was the Polar Vortex on Electricity Prices?

The polar vortex caused electricity prices to spike in January, but the real sticker shock for customers may only be just beginning. Customers could be charged an additional 1 to 3 percent to make up for additional costs incurred by their suppliers. The Energy Research … Read more…

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