Generation: Page 11
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Permission granted by Fervo Energy
Geothermal developer Fervo Energy raises $244M as it builds 400-MW Utah project
Geothermal resources account for 4 GW of U.S. electric generating capacity but could scale up to 90 GW by 2050, experts say.
By Kavya Balaraman • March 5, 2024 -
Trong Nguyen via Getty Images
Texas regulators explore how to attract advanced nuclear projects, structure SMR incentives
States could use 24/7 carbon-free energy credits to attract projects, potentially by stacking them with federal incentives, according to Nuclear Energy Institute officials.
By Robert Walton • March 5, 2024 -
Explore the Trendline➔
Chuck Schug Photography via Getty Images
TrendlineTop 5 Stories from Utility Dive
The U.S. energy transition is facing challenges around grid interconnections, project permitting and power system reliability, but state, federal and other solutions are emerging.
By Utility Dive staff -
MRaust via Getty Images
Colorado PUC proposes rules for Xcel, Tri-State, Black Hills to join RTO, day-ahead markets
The proposal requires any organized wholesale market to allow Colorado utilities to maintain priority rights to their grid interconnections for resources needed to meet their loads.
By Ethan Howland • March 5, 2024 -
Thossaphol via Getty Images
EPA pulls existing gas plants from proposed power plant carbon reduction rules
The agency plans to soon start a stakeholder process to develop greenhouse gas reduction standards for existing gas-fired power plants.
By Ethan Howland • March 4, 2024 -
Ron and Patty Thomas via Getty Images
FERC rejects $1.1B Bridgepoint-Energy Capital Partners private equity deal on competition concerns
London-based Bridgepoint said Monday it expects ECP will soon refile an application at FERC, with a closing on the deal expected in the second quarter.
By Ethan Howland • March 4, 2024 -
"One Nevada transmission line" by Reliathon is licensed under CC BY-SA 4.0
Nevada regulators set to approve NV Energy’s $2B IRP amendment, including new gas resources
Critics say the utility has used the integrated resource plan amendment process to advance projects with insufficient scrutiny.
By Robert Walton • March 1, 2024 -
jitendrajadhav via Getty Images
Deep Dive2024 PJM Outlook: Tough choices loom on capacity market, plant retirements, transmission planning
Ensuring that enough new generation comes online to replace retiring power plants is a key issue that threads through PJM’s expected focus this year, stakeholders and observers said.
By Ethan Howland • Feb. 29, 2024 -
milehightraveler via Getty Images
SPP proposes renewable, thermal resource accreditation reforms aimed at bolstering reliability
The Southwest Power Pool’s current accreditation for wind, solar and storage fails to account for their reliability value decreasing as more are added to the grid, according to the grid operator.
By Ethan Howland • Feb. 27, 2024 -
Karl Weatherly via Getty Images
Deep DiveCongressional action on energy permitting remains stuck, but states, developers are finding solutions
States are resolving local objections to projects through community engagement while transmission developers are making innovative use of existing rights-of-way to bypass permitting logjams.
By Herman K. Trabish • Feb. 27, 2024 -
Permission granted by ISO New England
New England capacity prices rise almost 40% in most recent auction
Clean energy resources made up 40% of the total capacity commitments, according to ISO New England, and no coal plant met the auction clearing price.
By Robert Walton • Feb. 23, 2024 -
wolv via Getty Images
PJM, 3 other RTOs propose steps to improve gas-electric sector coordination, boost reliability
Market enhancements, operational improvements and regulatory reforms are needed to improve gas-electric coordination, according to grid operators serving much of the U.S.
By Robert Walton • Feb. 22, 2024 -
rabbit75_ist/iStock/Getty Images Plus via Getty Images
5 takeaways from the investor-owned utility sector’s day on Wall Street
Utilities will likely issue equity this year to fund the energy transition’s record capital spending, Edison Electric Institute officials said.
By Robert Walton • Feb. 21, 2024 -
The image by Cards84664 is licensed under CC BY-SA 4.0
With FERC approval in hand, Vistra poised to close on $6.3B Energy Harbor buy
Energy Harbor’s assets will be added to Vistra Vision, which will have 6.4 GW of nuclear generation, 5 million retail customers, and 2.4 GW of renewable energy and energy storage projects.
By Ethan Howland • Feb. 20, 2024 -
Retrieved from Centrus Energy Corp..
Domestic uranium enrichment gets $2.7B boost from US Senate
The Emergency National Security Supplemental Appropriations Act of 2024 funds conventional and advanced U.S. uranium enrichment capabilities, but the bill faces an uncertain future in the U.S. House of Representatives.
By Brian Martucci • Feb. 16, 2024 -
Courtesy of Salt River Project
Salt River Project seeks 2.5 GW clean power, 1.2 GW peak capacity amid rapid Phoenix-area growth
The utility expects to add more than 2 GW of solar and 1 GW of battery storage by the mid 2020s, and by 2032 it plans to retire more than 1.3 GW of capacity at four coal plants.
By Robert Walton • Feb. 15, 2024 -
Courtesy of LineVision
GETs could facilitate 6.6 GW of clean energy in five PJM states, saving $1B a year: RMI
Grid-enhancing technologies can be used to increase the capacity of the existing transmission system, providing a quick, low-cost pathway for bringing new generation online, RMI said in a report Thursday.
By Ethan Howland • Feb. 15, 2024 -
Retrieved from House of Representatives.
State officials blame federal regulation for higher energy prices: ‘Customers are getting hurt.’
Proposed federal limits on fossil fuel power plants will further raise costs and weaken reliability, three state energy officials told a U.S. House subcommittee on Wednesday.
By Robert Walton • Feb. 15, 2024 -
Permission granted by ISO New England
ISO New England proposes capacity market changes, further 2-year delay for upcoming auction
Moving to a “prompt/seasonal” model of procuring energy resource commitments would better reflect changing demand and available supply, the New England grid operator said.
By Robert Walton • Feb. 13, 2024 -
istockphoto.com/Jacob Wackerhausen
Sponsored by Questline DigitalMunicipal utilities boost engagement with hyper-local tactics
For municipal utilities, a strong connection to the community is fostering greater customer engagement. From local collaborations to community events, see how smaller utilities are taking a hyper-local approach.
Feb. 12, 2024 -
Gary Kavanagh via Getty Images
CAISO seeks FERC approval to cancel 2024 interconnection study process
As it deals with an interconnection backlog, the California Independent System Operator hasn’t started studying last year’s interconnection requests, which totaled 350 GW, the grid operator told FERC on Thursday.
By Ethan Howland • Feb. 9, 2024 -
Ron and Patty Thomas via Getty Images
PJM set to hold capacity auction in June after receiving mixed FERC decisions
FERC-approved changes to PJM’s capacity auction will likely boost capacity prices and help the grid operator acquire capacity during the energy transition, according to an ESAI Power analyst.
By Ethan Howland • Feb. 9, 2024 -
alexeys via Getty Images
EPA tightens annual soot standard as TVA, other utilities say science doesn’t back change
The agency expects almost all counties will meet the revised fine particulate matter standard, a fact the U.S. Chamber of Commerce disputed.
By Ethan Howland • Feb. 7, 2024 -
Permission granted by NuScale Power
OpinionLessons from NuScale’s terminated project will help pave the way for advanced nuclear energy
The advanced nuclear innovation ecosystem remains strong, with a portfolio of public and private investments, multiple technology pathways and diverse business models.
By Judi Greenwald, Jeremy Harrell and Jessica Lovering • Feb. 6, 2024 -
Permission granted by ISO New England
FERC approves ISO-NE day-ahead reserve initiative, in boost to flexible resources
The plan will provide increased revenue to flexible resources like energy storage that can provide reserves to meet any unexpected real-time power supply needs.
By Ethan Howland • Feb. 5, 2024 -
RRT
Xcel proposes 3.6 GW renewables, 600 MW storage in Midwest but spurs concerns with gas plans
The new combustion turbines, part of a plan to add 2.2 GW of gas peaking capacity, “will only run when needed, meaning they’ll have very low emissions, in line with our long-term carbon goals,” an Xcel spokesperson said.
By Robert Walton • Feb. 5, 2024
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