S&P Global Market Intelligence CONTRIBUTOR

Katherine McCaffrey

Katherine (McCaffrey) Nelson, PhD is a Senior Research Analyst with the S&P Global Commodity Insights Energy Research team, creating the Market Intelligence Power Forecast for CapIQ ProFull Bio

Date

Type

Title

Segment

Aug 2022

Research

Battery storage arbitrage potential charged by renewables growth

Based on the early release of the U.S. Energy Information Administration's Annual Electric Generator Report, utility-scale battery storage capacity nearly tripled in 2021, from 1.6 GW up to 4.6 GW. S&P Global Market Intelligence data shows 10 GW of new installations expected in 2022 and 38 GW planned through 2024. If President Joe Biden signs the Inflation Reduction Act as expe...

READ

May 2022

Research

PJM capacity prices projected to drop due to auction parameter, market upda

The PJM Interconnection released its annual load forecast update in January 2022, along with updated parameters including rates for the new Market Seller Offer Cap for the upcoming 2023-24 Base Residual Auction in June. Furthermore, in January, the Federal Energy Regulatory Commission ruled that PJM must remove a net energy and ancillary services adder in the demand curve, call...

READ

Mar 2022

Research

Western US electricity markets are full speed ahead on renewables

Introduction The Market Intelligence Power Forecast for fourth quarter 2021 projects 51 GW of wind and solar and nearly 15 GW of battery storage will be built across the Western U.S. by 2030. California is the key driver of this renewable build-out, as the state's combination of high electricity demand, pending retirement of the Diablo Canyon nuclear plant and an aggressive ren...

READ