Taking the Long Way
Much traveling going on here again, but in the meantime please check out this interesting post from Michael Giberson at Knowledge Problem which explains how cunning traders were using inventive schedules to artificially create congestion between PJM and NYISO. Estimates of the amount of money milked from the system range as high as $290 million. Ouch.
National Grid Joins Doubters
National Grid has joined the chorus of people doubting whether the UK government can carry through its ambitious targets for renewable generation, and once again the issue in the planning process. Nick Winser, the company’s executive director for transmission, sums up the problem very neatly in Energy Business Review:
National Grid has already signed agreements to connect 16GW of renewable generation throughout the UK, but over 75% of this total is stuck in the planning system awaiting planning approval.