The Latest
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Italy-based Westrafo to build its first US transformer plant
The Ohio medium transformer manufacturing facility will have an output of 12 GW per year starting in 2027.
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Supreme Court’s Chevron ruling creates power sector uncertainty: Moody’s
“The lack of clarity on future EPA mandates increases uncertainty and makes it more difficult for power companies to determine their most appropriate and cost-effective generation mix,” Moody’s said.
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FERC approves ISO New England’s long-range transmission planning process
Regulators determined the grid operator’s new long-term approach to transmission development “supplements” the existing regional transmission planning processes approved under FERC Order 1000.
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Dominion Energy requests input on feasibility of building SMR at North Anna nuclear site
Dominion has issued a request for proposals that advances its goal to deploy an SMR in Virginia by the mid-2030s and potentially several additional units in the following decade, a utility spokesperson said.
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Hydrogen too costly for clean baseload generation but could serve as long-term storage: report
The cost of clean hydrogen-fired generation would far outstrip other forms of clean baseload energy, including nuclear, according to analysis by the Clean Air Task Force.
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DOE allocates $1.7B to convert auto factories to EV production and supply
Eleven shuttered or at-risk facilities in eight states will be converted to support electric vehicle manufacturing.
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Talen-Amazon interconnection agreement needs extended FERC review: PJM market monitor
However, Constellation Energy and Vistra contend AEP and Exelon’s protests over the proposed agreement aim to stifle innovative power supply arrangements for data centers.
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New analysis finds potential tariffs could ‘seriously hinder’ US solar deployment: ACORE
Tariffs requested in April by a coalition of solar manufacturers could raise U.S.-made module costs by 10 cents/watt and imported module costs by 15 cents/watt, according to a report from ACORE and Clean Energy Associates.
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EIA prepares for second attempt to survey bitcoin miners about electricity consumption
Preliminary estimates from the Energy Information Administration suggest cryptocurrency mining could account for up to 2.3% of total U.S. electricity consumption today.
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Waga Energy secures new loan to expand RNG facilities, including at US landfills
France-based Waga is looking to build on its momentum in North America after bringing its first U.S. facility online earlier this year. The landfill-gas-to-RNG company has partnered with Casella, OCI Global and others.
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10 Northeastern states agree to collaborate on interregional transmission development
The memorandum of understanding sets a framework for planning “robust interregional transmission infrastructure” but specifies each state is responsible for its own costs.
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US VPPs can meet summer demand peaks faster, cheaper than new generation and transmission: RMI
The more than 500 VPPs operational in the United States can help address summer peaks in 2024, while new VPPs can be online in time for summer 2025, RMI said.
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DC Circuit vacates FERC Western refund decisions, rejects Duke challenge to network upgrade orders
In separate decisions, PacifiCorp and other power sellers won their case against FERC refund orders stemming from a 2020 Western heat wave while Duke was found liable for network upgrade costs for a proposed solar project.
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Q&A
Hydrostor’s longer-duration storage tech is ‘bankable’ today but ‘not every market is ready’: CEO
“In the next two to five years, I have a tough time envisioning a major market that won’t be in dire straits without long-duration storage,” Curtis VanWalleghem said.
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Dominion to pay $160M for Avangrid offshore wind lease as report describes new industry momentum
An American Clean Power Association report, released Tuesday, forecasts $65 billion in private offshore wind investment in the U.S. by 2030.
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Lack of power pushes rental price increases in major U.S. data center markets: report
Demand growth and shrinking availability of data centers are pushing companies to secondary markets with greater power availability, a new report says.
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Entek receives $1.2B DOE conditional loan for Indiana battery separator facility
The loan covers most of the costs to build the facility in Terre Haute, which is expected to boost the domestic lithium-ion battery cell supply chain.
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Texas restoration efforts underway after Hurricane Beryl leaves 2.7M customers without power
CenterPoint expects to restore power to about 1 million customers by the end of Wednesday, leaving about another 1 million without electricity.
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FERC approves capacity solicitation plan for $2.4B RioSol transmission project
Southwestern Power Group plans to launch a solicitation for capacity on the 1.6-GW project between New Mexico and Arizona late this year.
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Tesla Energy deploys company record 9.4 GWh of storage in Q2 2024
The results come as Tesla ramps up production at a 40-GWh Megapack factory in California and begins construction on a similarly-sized facility in China.
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Global solar and wind capacity will more than triple to 8 TW by 2033: Wood Mackenzie
Global energy storage will grow by 636% to add nearly 2,789 GWh of capacity over the next decade, according to WoodMac's latest global market outlook.
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Energy, other critical infrastructure providers press for limits on cyber incident reporting rules
In a last-minute push, critical infrastructure stakeholders urged federal officials to give more flexibility on the detail required during the first 72 hours of covered cyber incidents.
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Opinion
The No. 1 untapped tool for utilities to engage next-gen energy customers? Influencers.
To overcome existing frictions, energy companies must reach customers where they already are and seamlessly insert education and brand stories.
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The image by Jakec is licensed under CC BY-SA 4.0
Talen urges FERC to reject AEP-Exelon protest over interconnection pact for Amazon data center
American Electric Power and Exelon are trying to “hijack” an interconnection service agreement amendment proceeding and make it an ad hoc referendum on the future of data center load, Talen’s Susquehanna Nuclear said.
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US electricity prices rise again as AI, onshoring may mean decades of power demand growth: BofA
The year-over-year inflation rate for electricity prices reached 5.9% in May, up from 3.8% in January, according to Bank of America Institute.