Generation: Page 12
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FERC approves PJM capacity accreditation, modeling reforms aimed at boosting reliability
“PJM’s development of a new framework that seeks to assess the patterns, drivers, and probabilities of reliability risk across all hours of the year is an important advancement,” FERC Commissioner Allison Clements said.
By Ethan Howland • Feb. 1, 2024 -
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2024 US power sector outlook
The U.S. clean energy transition is expected to accelerate in 2024 but faces question around transmission, financing, federal elections and other issues.
By Utility Dive staff • Jan. 31, 2024 -
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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 -
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Entergy wins, wind developers lose with MISO, SPP transmission constraints: NBER paper
Without the constraints, two Entergy utilities would have had $930 million less in operating profits in 2022, a possible incentive to oppose new transmission, the paper said.
By Ethan Howland • Jan. 31, 2024 -
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OpinionThe collapse of NuScale’s project should spell the end for small modular nuclear reactors
Although there were problems specific to the Utah Associated Municipal Power Systems project, the financial challenges and cost trends witnessed in that case will afflict any small modular nuclear reactor.
By M.V. Ramana • Jan. 31, 2024 -
Courtesy of Georgia Power
25 SMR license applications expected by 2029, plus six other takeaways from FERC, NRC joint meeting
The planned SMR units will likely be up to about 200 MW in size, an NRC official said. In addition, the agency is reviewing 19 applications to extend the operating licenses of existing nuclear plants, with more requests expected.
By Ethan Howland • Jan. 26, 2024 -
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Deep DiveNew solutions emerge to better integrate renewables into the grid, Xcel, Eversource and others say
Requiring the 400+ GW of battery capacity in U.S. interconnection queues to have grid-forming capabilities could enable variable renewables growth “cheaper and faster than adding new transmission,” one expert said.
By Herman K. Trabish • Jan. 25, 2024 -
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Deep DiveUtility Business Outlook: Power prices stay elevated as elections sow uncertainty for clean energy plans
For utilities and the clean energy sector, 2024 could bring “an exceptional level of volatility and opportunity,” according to Bank of America Global Research analysts.
By Robert Walton • Jan. 23, 2024 -
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FERC rejects MISO interconnection queue cap, saying it could be undermined by exemptions
However, the agency on Friday approved other elements of the midcontinent grid operator’s proposal to revamp its interconnection process, such as increased milestone payments.
By Ethan Howland • Jan. 22, 2024 -
FERC approves gas pipeline needed for TVA plan to shutter 2.5-GW coal-fired power plant
Replacing the Cumberland power plant with gas-fired generation will reduce carbon emissions by about 7 million metric tons a year, FERC said Thursday.
By Ethan Howland • Jan. 19, 2024 -
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Extreme weather shows need for dispatchable resources, new transmission: FERC commissioners
FERC Acting Chairman Willie Phillips expects the agency will issue new transmission planning and cost allocation rules in the “coming months.”
By Ethan Howland • Jan. 19, 2024 -
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South Dakota PUC asks Xcel Energy to reconsider closing King, Sherco coal plants
Xcel plans to eliminate its coal-fired power generation by 2030, but regulators say they are concerned replacement resources may not be online in time.
By Robert Walton • Jan. 17, 2024 -
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Texas grid holds firm through frigid temperatures, 3 demand records, 2 conservation calls
The Texas power grid is more resilient than it was in 2021, when Winter Storm Uri caused widespread blackouts and almost 250 deaths.
By Robert Walton • Jan. 17, 2024 -
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US gas-fired capacity to grow, even under 95% carbon reduction scenario: NREL
Fossil-fueled power plants without carbon capture equipment would produce 14% of U.S. electricity by 2050, according to “mid-case” modeling by a DOE laboratory.
By Ethan Howland • Jan. 12, 2024 -
The image by RM VM is licensed under CC BY-SA 4.0
FERC allows activist investor Elliott to buy up to 20% of NRG Energy stock
The decision comes as the Federal Energy Regulatory Commission is considering changing its policy on investment firm purchases of utility stock.
By Ethan Howland • Jan. 11, 2024 -
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9 US power sector trends to watch in 2024
The U.S. march toward a decarbonized electric system will continue in 2024 as policymakers and others work to balance, climate, reliability, affordability and other goals.
By Robert Walton, Ethan Howland, Diana DiGangi, Larry Pearl, Kavya Balaraman and Emma Penrod • Jan. 10, 2024 -
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500K East Coast outages persist after day of storms; grid braces for coming Arctic weather
“Next week we will see the coldest air of the season push in from Canada over much of the central and eastern U.S.,” AccuWeather Senior Meteorologist Alan Reppert said.
By Robert Walton • Jan. 10, 2024 -
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PJM triples annual load growth forecast to 2.4% driven by data centers, electrification
The PJM Interconnection’s fastest-growing zones include ones served by Dominion Energy and FirstEnergy’s Metropolitan Edison and Jersey Central Power & Light utilities, per the grid operator’s load forecast.
By Ethan Howland • Jan. 9, 2024 -
Gas plants ‘disproportionately vulnerable to failure,’ warns Union of Concerned Scientists report
Extreme temperatures threaten gas plants and electric reliability, particularly in regions where grid operators use simple methods to account for resource contributions, according to UCS.
By Robert Walton • Jan. 9, 2024 -
TVA may delay 2,470-MW coal plant shutdown over FERC pipeline inaction
A holdup in retiring the Cumberland power plant threatens the Tennessee Valley Authority’s plans to cut its carbon emissions 80% by 2035, the federal power agency said Wednesday.
By Ethan Howland • Jan. 4, 2024 -
Permission granted by ISO New England
FERC approves 1-year delay to ISO New England capacity auction
The additional time will allow the grid operator to develop a revised capacity accreditation methodology that accounts for winter gas constraints, the Federal Energy Regulatory Commission said Wednesday.
By Robert Walton • Jan. 4, 2024 -
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Pattern Energy secures $11B in financing, starts full construction on SunZia wind, transmission projects
The scale of the SunZia project and its multifaceted financing show the renewable energy space can secure capital at levels previously only seen in traditional generation, Pattern executive Daniel Elkort said.
By Ethan Howland • Jan. 3, 2024 -
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NYPA explores partnering with private sector to develop, own renewables and batteries
Its Jan. 2 request for information on collaboration opportunities follows state legislators’ 2023 decision allowing the New York Power Authority to build, own and operate renewable energy projects.
By Robert Walton • Jan. 3, 2024 -
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FERC nixes PG&E’s requested $41.4M annual equity incentive for being a CAISO member
However, the Department of Energy on Tuesday decided to award the utility credits to help it keep the Diablo Canyon nuclear plant running.
By Ethan Howland • Jan. 2, 2024 -
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Deep DiveAs reliability concerns with renewables rise, upgrading inverters is urgent, analysts say
The variable output of renewable energy resources requires “grid-forming” inverters to protect power system current flows, engineers and others agree.
By Herman K. Trabish • Jan. 2, 2024 -
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PJM overstated capacity shortfall risks for this decade: Ohio manufacturers
PJM focused on a worst-case scenario in a report released early this year, but a less-emphasized scenario found the grid operator could meet its power supply needs, according to the trade group.
By Ethan Howland • Dec. 22, 2023
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