Generation: Page 5
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Generator, advanced nuclear stocks reel as low-cost DeepSeek chills AI load growth outlook
Among the hardest hit were companies with large existing gas and nuclear fleets, along with advanced nuclear technology providers expected to benefit from rising demand for firm power.
By Brian Martucci • Jan. 28, 2025 -
Retrieved from House Energy and Commerce Committee.Column
FERC in Focus: Consumers, reliability and states are FERC’s top priorities, Chairman Christie says
The Federal Energy Regulatory Commission will tackle the “huge” issue of colocation, newly named Chairman Mark Christie said in an interview.
By Ethan Howland • Jan. 28, 2025 -
Calpine to sell 3.5 GW in PJM to avoid market power concerns from Constellation merger
Calpine plans to sell four “valuable” power plants in the PJM Interconnection’s eastern region through a solicitation process, the company told FERC.
By Ethan Howland • Jan. 28, 2025 -
Opinion
Achieving AI dominance through competitive power markets
The solution lies in allowing data centers directly into the competitive markets — a lightly regulated market superstructure that gives the U.S. a strategic advantage over our international competitors.
By Todd Glass • Jan. 27, 2025 -
NextEra partners with GE Vernova to build ‘gigawatts’ of gas generation
Behind-the-meter gas generation remains a novel concept, but NextEra sees potential for “large load customers,” company executives say.
By Emma Penrod • Jan. 27, 2025 -
Trump plans to use emergency powers to fast-track generation co-located with AI
President Donald Trump’s comments on building power plants for data centers appears to align with the views of FERC Chairman Mark Christie, ClearView Energy Partners said.
By Ethan Howland • Jan. 24, 2025 -
Judge dismisses New York City’s lawsuit against Big Oil
A state judge ruled that NYC had failed to demonstrate that ExxonMobil, Shell, BP and the American Petroleum Institute had deceived consumers about the climate impact of their fossil fuel products.
By Zoya Mirza • Jan. 23, 2025 -
State utility regulators, 4 governors urge FERC to lower PJM capacity price cap
However, lowering the cap could stifle efforts to bring new electric supplies to the PJM region, according to Constellation Energy and the Electric Power Supply Association.
By Ethan Howland • Jan. 23, 2025 -
Lack of Northeast gas pipeline capacity poses ‘severe threats to reliability’ in cold weather: NERC
A report from the Northeast Power Coordinating Council concludes New York and New England natural gas infrastructure is “fully utilized” during extreme winter weather.
By Robert Walton • Jan. 23, 2025 -
Trump freezes IRA funding
The White House issued a memo to clarify the funding pause, specifying that it pertains only to aspects of the law mentioned in Section 2 of the executive order.
By Kate Magill • Updated Jan. 23, 2025 -
Retrieved from Office of the Governor of the State of New York.
Advanced reactors, interstate cooperation part of New York’s nuclear future: Gov. Hochul
The state will support Constellation Energy’s study of a potential advanced reactor build at one of its operational plants in New York, Gov. Kathy Hochul said Jan. 14.
By Brian Martucci • Jan. 22, 2025 -
Retrieved from Senate Energy and Natural Resources Committee.
DOE nominee Wright aims to boost power supplies to lower costs
“I'm 100% committed to growing our electricity grid and our energy production and removing those barriers that are standing in the way,” said Chris Wright, President-elect Donald Trump’s pick to lead the Department of Energy.
By Ethan Howland • Jan. 16, 2025 -
Deep Dive
2025 FERC, DOE Outlook: Surging demand growth to drive power-sector agenda
The Federal Energy Regulatory Commission and the departments of Energy and Interior will play key roles in the Trump administration’s efforts to spur new power supplies and cut energy costs.
By Ethan Howland • Jan. 16, 2025 -
PJM’s proposal to unlock unused interconnection capacity gains broad support
The PJM Interconnection’s plan to revise its Surplus Interconnection Service rules could free up 26 GW for a July capacity auction, clean energy trade groups said Monday.
By Ethan Howland • Jan. 14, 2025 -
Biden orders Energy, Defense departments to lease sites for AI data centers, clean energy generation
The executive order calls for using “categorical exclusions” to rapidly site data centers and power generation.
By Robert Walton • Jan. 14, 2025 -
PJM’s capacity market proposal faces pushback from market monitor, generators
The PJM Power Providers Group, Advanced Energy United and ratepayer advocates are among those opposing proposed revisions to the grid operator’s must-offer and market seller offer cap rules.
By Ethan Howland • Jan. 13, 2025 -
2025 could be a banner year for natural gas plant acquisitions: Enverus
Gas plant acquisitions exceeded $3.1 billion in 2023 and $4.3 billion in 2024. Deals struck in 2025 will likely eclipse those totals, according to Enverus.
By Emma Penrod • Jan. 13, 2025 -
Constellation’s $16.4B purchase of Calpine would create largest US power generator
The combined entity would have almost 60 GW of generating capacity from zero- and low-emission sources, including nuclear, natural gas, geothermal, hydro, wind, solar and batteries.
By Robert Walton • Jan. 10, 2025 -
Retrieved from Marque1313.
PJM ‘shovel-ready’ interconnection plan draws mixed reviews at FERC
State utility regulators and power plant owners told the Federal Energy Regulatory Commission they support PJM’s Reliability Resource Initiative, but renewable developers and others oppose it.
By Ethan Howland • Jan. 9, 2025 -
9 US electric power sector issues to watch in 2025
From rising electricity prices and demand to emerging opportunities and challenges around nuclear energy, virtual power plants, renewables and more, we’ve highlighted nine of the most important issues for the year ahead.
By Robert Walton, Ethan Howland, Diana DiGangi, Larry Pearl, Brian Martucci • Jan. 8, 2025 -
Data centers drive growth, risk for PG&E, Constellation, NorthWestern: BofA
Electric utilities that can increase earnings related to data center energy demand should see their share prices rise in 2025, according to Bank of America Global Research.
By Robert Walton • Jan. 8, 2025 -
FERC approves Shell purchase of 600-MW gas-fired plant in Rhode Island
The deal, expected to close this quarter, gives Shell “valuable trading opportunities” in the New England power markets, according to the company.
By Ethan Howland • Jan. 8, 2025 -
Virginia to get world’s first commercial fusion power plant
Commonwealth Fusion Systems announced it will build the multibillion-dollar project in Chesterfield County.
By Zachary Phillips • Jan. 7, 2025 -
Retrieved from Idaho National Laboratory.
Texas, Utah, Last Energy challenge NRC’s ‘overburdensome’ microreactor regulations
The Nuclear Regulatory Commission’s “incredibly costly” licensing process hinders the U.S. nuclear industry, the two states and nuclear developer said in a federal lawsuit filed Dec. 30 in Texas.
By Brian Martucci • Jan. 6, 2025 -
National Grid, Con Edison urge FERC to adopt gas pipeline reliability requirements
To bolster the gas system during cold weather, the federal agency should set pipeline reporting requirements, adopt enforcement mechanisms and tighten the use of “force majeure,” the utilities said.
By Ethan Howland • Jan. 6, 2025