Generation Asset MonitorTM (GAM) tracks the interconnection queues in PJM, NYISO, ISO-NE, and MISO.
Generation Asset MonitorTM provides an outlook for the development timeline of new generation projects and plant retirements in ISO-NE, NYISO, PJM & MISO. For each project, ESAI assigns a “probability of completion factor in percentage terms” that is then applied to develop a forward assessment of likely capacity additions and retirements in each pool.
Generation Asset MonitorTM provides:
Renewable generation in PJM has been increasing over the past few years and will play a larger role in the market’s resource mix going forward. Coal-fired capacity is retiring at a rapid pace, and the interconnection queue is heavily comprised of renewable capacity. There is approximately 133 GW of utility-scale solar, wind, and offshore wind projects with queue positions in various stages of development.
Ethan Howland reports in Utility Dive that power plant owners have started the process of potentially retiring 3,228 MW of coal-fired generation in the PJM Interconnection’s footprint this month, according to the grid operator’s generator deactivation list. Another 1,024 MW of coal shut down last year. Looking at the explanations for the planned retirements, our Julia Criscuolo, ESAI Power’s Manager of Renewables and Emissions, said about a third are driven by environmental regulations, a quarter by unfavorable economics and roughly 20% by “end of life” plant issues.