MAJOR CHANGES IN GENERATION MIX AND MARKET RULES – IDENTIFY WAYS TO PROFIT
Policy-makers and utility, IPP and DR executives discuss:
- The new Capacity Performance rule changes and their effects on generation projects
- How EPA 111(d) will drive coal plant retirements and create opportunities for natural gas, renewable and transmission projects
- DR in a post-Order 745 world
- Impacts of FERC proceedings on Uplift and Price Formation, and the prospects for a NOPR
The PJM Interconnection is seeing monumental changes—and the emergence of huge near-term opportunities. An entire fleet of older generation is retiring as low Marcellus gas prices and capacity market reforms open the door to development of combined-cycle projects and the pipelines to support them. However, the PJM is also likely to face a near-term generation shortfall, a huge unknown in how Demand Response will be handled in the market after a Supreme Court decision, and a FERC reexamination of uplift charges and price formation that may lead to changes in hedging strategies, market incentives and penalties. What are the most economically efficient and reliable strategies to replace aging plants? What might be needed to increase gas deliveries from the Marcellus fields? Will winners and losers be created by the new Capacity Performance and other market developments? Only those with in-depth knowledge of these radical developments will be able to capitalize on the enormous opportunities in the PJM market.
Infocast’s PJM Market Summit 2015 will examine market rules and regional policies that are driving changes to project economics, as well as capacity and energy markets. It will bring policy-makers together with utility, IPP, gas supply, and DR executives to explore the opportunities to solve reliability and power market problems. They will assess how changing gas flows and supplies from the Marcellus will impact the economics of new gas builds, as well as how the impacts of centralized capacity market changes will affect project economics and market operations. These key stakeholders will examine how DR might be better rewarded and utilized in the PJM and whether additional transmission assets and inter-market trading will provide relief. Finally, financiers will provide their perspectives on investments in projects in the PJM market.