The Latest
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Ratepayer advocates press FERC for PJM capacity market changes, citing ‘crushing’ prices
A complaint filed on Monday comes as the PJM Interconnection is preparing to propose capacity market reforms, such as reflecting reliability must-run units in its next two auctions.
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Sponsored by EnergyHubHow to capture the full value of VPPs for a changing grid
VPPs can be key to navigating industry challenges — but only if they are fully leveraged.
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Not just a ‘boondoggle’: State regulators, industrial companies push for cost effective transmission
Proactive planning, incentives and competitive solicitations can help control transmission costs, the Brattle Group’s Johannes Pfeifenberger said.
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Courtesy of Salt River Project
Salt River, APS sign up for 300 MW of storage from EDP Renewables, Strata Clean Energy
Arizona ranked second among states for energy storage installations in the second quarter this year, with 690 MW that could produce 2,600 MWh per full discharge, according to Wood Mackenzie.
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JPMorgan unveils ratio of green energy to high carbon financing following shareholder proposal
The bank said it spent $1.29 on green solutions for every dollar spent on high-carbon activities in the disclosure prompted by a proposal submitted by NYC Comptroller Brad Lander.
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Linked In/Fair use
Trump picks oil services CEO Chris Wright to lead Energy Department, alarming climate groups
Wright, the CEO of Liberty Energy and a donor to Trump’s campaign, said in 2023 that there is no climate crisis or ongoing energy transition.
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Trump taps North Dakota Gov. Burgum to run Interior, new national energy council
President-elect Donald Trump said his administration will “dramatically” increase baseload power generation, which “will reduce the cost of electrical bills that continue to skyrocket for citizens and small businesses.”
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Texas PUC approves $3B Oncor system resiliency plan
Texas lawmakers authorized System Resiliency Plan filings last year and Oncor’s was the first to be approved. Regulators are also considering submissions from AEP, Texas-New Mexico Power and Entergy.
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Courtesy of Amazon
FERC urged to shield AES Ohio customers from expected grid costs due to 1.5-GW Amazon data center
Language in a proposed agreement between AES Ohio and Amazon is “ambiguous,” leaving residential ratepayers without adequate protections, the Office of the Ohio Consumers’ Counsel said.
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Permission granted by Oklo
Oklo reactor pipeline swells to 2.1 GW as demonstration project advances
The advanced reactor company has completed key milestones for its first planned deployment and added up to 750 MW in potential future orders, CEO Jacob DeWitte said on Oklo’s Q3 2024 earnings call.
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Massachusetts passes clean energy legislation allowing for 30-year offshore wind contracts
The bill allocates $200 million to the state’s Offshore Wind Industry Investment Fund and will allow the state to negotiate offshore wind contracts of up to 30 years, instead of 20.
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Courtesy of Bloom Energy
AEP, Bloom Energy 1-GW fuel cell deal to power data centers would set new record
Market analysts disagree about the significance of the deal, however, which represents the largest commercial procurement of fuel cells to date.
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Natural gas supply is a bulk power reliability risk this winter: NERC
Gas producers have taken “a multitude of proactive measures to prepare for winter weather," Natural Gas Supply Association CEO Dena Wiggins said.
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FERC approves MISO, SPP transmission plan expected to spur 29 GW of renewables
The Federal Energy Regulatory Commission agreed the Joint Targeted Interconnection Queue transmission projects should be built by incumbent utilities without cost caps.
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Local decarbonization, energy efficiency projects get over $17M from DOE
The “highly flexible” grant program allows communities to pursue a broad range of projects, from home energy efficiency rebate programs to workforce training initiatives, according to the Department of Energy.
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Sean Gallup via Getty Images
COP29 negotiators approve Article 6.4, establish standards for global carbon market
The approval of the standards was called a “critical step” toward future climate negotiations at COP29 by the summit’s lead negotiator, Yalchin Rafiyev.
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"Diablo Canyon Family Open House" by Tracey Adams is licensed under CC BY 2.0
Generative AI deployment at Diablo Canyon is a first for US nuclear power sector: PG&E
The NVIDIA-supported search and data retrieval application is the start of a series of AI-powered solutions vendor Atomic Canyon aims to deploy across the nuclear industry, CEO and co-founder Trey Lauderdale said.
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Fokkebok via Getty Images
As Trump threat to offshore wind looms, BOEM assesses 5 California areas
This marks the second time that the Bureau of Ocean Energy Management has performed a regional analysis over multiple lease areas owing to their proximity, the agency said.
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Courtesy of LineVision
State utility regulators urge Congress to fund advanced transmission technologies
“Five years ago, people thought grid-enhancing technologies were unproven and risky,” DOE’s Jigar Shah said. “Today, I think people believe that they're mainstream enough to deploy at scale.”
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Sean Gallup via Getty Images
OpinionWhat COP29 entails for the global energy transition, business priorities
COP29 will be a “critical moment” in the global climate transition, further shaping the ESG landscape and motivating companies to ramp up sustainability initiatives, says Workiva’s chief sustainability officer.
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ExxonMobil urges Trump not to withdraw from Paris Agreement again
“A second U.S. exit from the Paris Climate Agreement will have profound implications for the United States’ efforts to reduce its own emissions,” an Exxon spokesperson said.
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2024 ElectionsESG, climate rules at stake under a second Trump term
Several climate and ESG-related regulations at the Securities and Exchange Commission and Department of Labor are likely headed for the chopping block come January.
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Biden administration sets plan to triple US nuclear energy capacity by 2050
The road map aims for 200 GW of net new capacity from newly built reactors, restarts of plants retired for economic reasons and power uprates of existing reactors, the White House said Tuesday.
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Gas-fired generation likely needed to maintain reliability for years: SPP, Black Hills
“We've got to have something else to keep the lights on … and right now, the best option that we have for generation over the next several years looks like it's natural gas,” SPP’s Bruce Rew said.
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Demand response programs can help boost reliability, cut emissions in New York, advocates say
Statewide legislative changes and greater incentives could boost buildings’ participation in demand response programs, according to energy policy experts.
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OpinionPJM sees ‘easy button’ to meet power needs, but Appalachians see higher bills and more pollution
Mandates and market manipulations are keeping expensive coal online, and consumers are paying the price.
