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Constellation, Vistra and PSEG could be next to ink nuclear-data center supply deals: S&P
Higher power prices have created opportunities for nuclear operators to serve data centers that co-locate nearby, S&P Global Ratings said.
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California agency awards $26.7M for long-duration energy storage projects
The California Energy Commission approved grants for long-duration storage projects to be built by Redflow, RedoxBlox and Noon Energy.
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Trump could roll back Inflation Reduction Act tax credits in a second term
Volkswagen and Samsung SDI leaders expressed concerns at a conference last week about the stability of the IRA should the administration change.
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Utility self-funding rules for interconnection upgrades may unfairly drive up costs: FERC
The commission raised several concerns about ISO-NE, MISO, PJM and SPP rules that allow transmission owners to pay for and profit on network upgrades for interconnection customers.
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Eversource New Hampshire seeks $182M rate increase, performance-based rates
Customer bills would rise about 17% over two years to pay for investments in system automation, vegetation management and storm hardening, the utility said.
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US Army seeks nuclear microreactors for reliable on-site generation
Other military branches and government agencies could replicate the RFI for prototype on-site microreactor power plants, USNIC Chair Jeff Merrifield said.
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New York offers $5M for long-duration storage; Central Hudson issues 10-MW storage RFP
The developments highlight New York’s push to facilitate up to 6 GW of energy storage capacity by 2030.
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CAISO board approves ‘transformational’ grid interconnection reforms
The reforms aim to advance projects that are most likely to succeed, in part by prioritizing projects targeting areas in California with available transmission capacity.
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Hershey ramps up renewable energy sourcing to slash emissions
The chocolate manufacturer increased its procurement of electricity from green sources to 80% in 2023, up from 77% in 2022 — a rise it attributed to PPAs and clean energy credits.
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Senate confirms FERC nominees, restoring agency to full commissioner complement
“The [agency] works best when it has five members, so I look forward to welcoming them … so we can work collaboratively to ensure reliable, affordable and sustainable energy,” FERC Chairman Phillips said.
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EV adoption falls to its lowest point since 2021: JD Power
Meanwhile, electric vehicles are more available than they’ve ever been.
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Basin Electric faces $471M in customer rebates for putting nonutility expenses in rates
A FERC administrative law judge also found Basin Electric was imprudent when it failed to consider replacing coal-fired power plants with potentially less expensive generation.
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Lawmakers, speakers spar over benefits of IRA’s manufacturing boom
Legislators and experts disagreed on the long-term merits of subsidies, with IRA critics questioning if the clean energy boom would amount to a “sugar high.”
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How can more companies use 24/7 clean energy? Hourly matching is ‘not the hard part,’ analysts say
Decarbonization leaders say we have the technology to match emissions with energy generation on an hourly basis. Insufficient data and renewable generation represent the real barriers, they say.
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Local opposition to renewable energy projects ‘widespread and growing’: Columbia University report
The report tracks 395 local restrictions on renewable energy development, with 55 of those emerging in the last year.
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Q&A
Budderfly’s CEO on accelerating clean technology adoption in commercial buildings
Al Subbloie discusses the slow adoption of ground-source heat pumps and highlights the benefits of outsourcing energy management and using software to boost efficiency and cut carbon emissions.
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House Judiciary Committee: Climate groups and activists ‘colluding’ on decarbonization
The interim report from the yearslong probe also accuses groups in the financial system of forming a “climate cartel” that “has declared war on the American way of life.”
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California goes after Big Oil’s ‘illegal’ profits over alleged greenwashing
ExxonMobil, Shell, Chevron, ConocoPhillips, BP and the American Petroleum Institute may be required to surrender profits gained from false advertising, according to an amended complaint filed Monday.
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Arizona regulators say UNSE 200-MW gas expansion can proceed without environmental certificate
State law requires a certificate of environmental compatibility for power plant additions of 100 MW or more, but UNS Electric’s proposal has four units, each with a nameplate capacity of 50 MW.
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Residential DERs could compensate for rise in peak energy demand by 2035: Deloitte
Most utilities, however, will need to increase coordination with residential customers to maximize the potential of distributed energy resources, according to Deloitte.
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Column
FERC in Focus: Has the agency been ‘captured’ by the sectors it regulates?
FERC Commissioner Mark Christie thinks so. Other FERC experts don't go that far, but they see the commission giving a strong deference to utility companies.
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NextEra Energy Resources, Entergy strike 4.5 GW solar and storage development deal
The five-year agreement will allow Entergy to access NextEra Energy’s supply chain and its development expertise to expand Entergy’s renewable energy portfolio.
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TerraPower begins construction at 345-MW advanced reactor site in Wyoming
The company expects to begin building non-nuclear electricity generation infrastructure in 2025, TerraPower chairman Bill Gates said Monday.
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Maryland PSC rejects Exelon utility’s $213.6M multiyear rate plan
Instead, Pepco will be able to increase its rates by $44.6 million for a year while the state agency assesses the benefits of multi-year rate plans.
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$7.85B Mountain Valley Pipeline construction complete
Gas will soon flow on the much-delayed project, which received a green light from the Federal Energy Regulatory Commission on Tuesday.