The Latest
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US should add 35 GW of interregional power transfer capacity to boost energy adequacy: NERC
NERC said its new study “demonstrates a significant opportunity to optimize reserve use during extreme weather events and shows how transmission can maximize the use of local resources, including storage and demand response.”
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Sponsored by TransectWhere are renewable energy developers looking to site projects?
Where are renewable developers eyeing projects? Transect’s platform reveals insights into future sites.
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North Carolina OKs Duke Energy plan to add 3.6 GW gas-fired capacity, 7 GW renewables
The company also plans to add 1,100 MW of battery storage, 1,834 MW of pumped storage hydropower and is working to place 600 MW of advanced nuclear generation into service by 2035.
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Redoxblox raises $40.7M to commercialize long-duration thermochemical storage technology
The company’s non-lithium, high-temperature batteries can provide up to 24 hours of grid-scale energy storage and reduced-carbon heat for industrial applications, it says.
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Deep Dive // 2024 ElectionsHarris, Trump present ‘diametrically opposed’ impacts on ESG
“A Harris administration would be more favorable for the interests of ESG investors whereas a Trump administration would be antagonistic,” according to Morningstar Indexes’ head of strategy.
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Schneider Electric investigating cyber intrusion after threat actor gains access to platform
The French multinational company has been a previous target of ransomware groups.
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FERC rejects interconnection pact for Talen-Amazon data center deal at nuclear plant
Chairman Willie Phillips dissented from the decision on the “first of its kind” co-location proposal, saying it could harm national security and grid reliability.
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AEP, others press for FERC guidance on ‘gargantuan’ issue of data center colocation
Google is interested in colocation to meet its data center needs, not to avoid grid costs, said Brian George, the company's U.S. federal lead for global energy market development.
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Stem revenue falls sharply due to bad debt charge, lower battery hardware bookings
The company recently announced key leadership changes and a pivot to software and services amid unexpected challenges for its clean energy hardware procurement strategy.
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Sean Pavone
Massachusetts utilities file $5B efficiency plan with focus on ‘thoughtful electrification’
The 2025-2027 Mass Save proposal includes about $1 billion more in efficiency investments than the current three-year plan, with a focus on decarbonizing residential buildings.
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Retrieved from WIRES Group.
FERC’s Rosner pushes state flexibility in transmission planning rehearing order
Rosner said his top priorities are grid reliability balanced with affordability, managing the energy transition and supporting gas and transmission infrastructure development.
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Xcel Energy unveils $45B capital plan as data center pipeline nears 9 GW
But load growth is only part of what's driving increased investments and costs at Xcel, according to the company's third quarter earnings presentation.
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Schneider Electric’s North America growth drives Q3 revenue, led by energy management
The company’s North America revenue organically grew 15.1% year over year, to about $3.8 billion, on the back of organic 18.3% year-over-year growth in energy management, it says.
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OpinionIn the wake of increased scrutiny, ESG leaders aren’t backing down.
Amid a polarized political landscape, companies are beginning to view sustainability and corporate social responsibility through the same strategic lens.
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2024 ElectionsAs US EV sales growth slows, election results could reverse or reinforce the trend
U.S. electric vehicle sales are rising, though the rate of growth has declined in the past year. The next president can continue support for purchase incentives or seek to cut the popular tax credit, experts say.
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Exelon’s ‘high probability’ data center load has nearly doubled to 11 GW, CEO says
Meanwhile, the PJM Interconnection’s plan to delay an upcoming capacity auction “sends a clear message that [market] reform is definitely needed,” CEO Calvin Butler said.
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States should procure power supplies outside PJM capacity auctions: FirstEnergy CEO
Capacity concerns come amid a surge in data center development, with FirstEnergy receiving more than 60 service inquiries larger than 500 MW this year.
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ENGIE strikes deal with Meta to supply 260 MW of solar
The project is located in Milam County, Texas, and will supply power to a Meta data center 10 miles away in Temple.
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OpinionTo minimize AI’s cyber risks to energy infrastructure, start with the design phase
Artificial intelligence will escalate cyber threats, and — if left unprotected — it could create new vulnerabilities at the heart of energy infrastructure.
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2024 ElectionsFuture of IRA, shape of permitting reform hinge on upcoming election, experts say
Bipartisan permitting reform may be abandoned in the event of a federal electoral sweep, while the “looming fiscal cliff” endangers the Inflation Reduction Act, analysts say.
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SPP OKs $7.7B transmission plan targeting ‘generational challenges’ with power supply and demand
The projects have benefit-cost ratios of at least 8 to 1 and are expected to pay for themselves within three years, according to the Southwest Power Pool.
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EPRI launches data center flexibility initiative with utilities, Google, Meta, NVIDIA
The DCFlex project will establish up to 10 “flexibility hubs” to demonstrate innovative data center and power supplier strategies, the Electric Power Research Institute said.
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Grid-interactive efficient building systems need robust cybersecurity measures, DOE says
Federal facilities managers must assess the potential risks of GEB systems and understand how they can affect the physical and data security of overarching systems where they are deployed, the Department of Energy says.
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Avangrid, Invenergy subsidiaries secure BOEM’s first-ever Gulf of Maine offshore wind leases
Four lease areas with a total potential capacity of 6.8 GW were sold to Avangrid Renewables and Invenergy NE Offshore Wind for over $21.9 million, a drop from the $93 million netted in the previous offshore wind lease sale.
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2024 ElectionsHow will the presidential and Senate election outcomes affect FERC and its policies?
The FERC chairman plays a key role in setting the agency’s agenda, but even if Donald Trump wins, the commission could have a Democratic majority for at least 18 months.
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US district court rules Texas transmission law favoring incumbent utilities unconstitutional
The ruling is a win for NextEra Energy and LS Power transmission subsidiaries as well as the East Texas Electric Cooperative.
