Generation: Page 2
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Pathways Initiative advances plan for independent power market organization for the West
The initiative aims to develop a plan for a new regional organization to oversee wholesale power markets by the end of the year.
By Ethan Howland • June 3, 2024 -
NV Energy opts to join CAISO-developed day-ahead market over SPP alternative
“This may represent a market that is too good to pass up for a lot of other Western utilities,” Advanced Energy United’s Brian Turner said.
By Ethan Howland • June 3, 2024 -
Trendline
Top 5 Stories from Utility Latest
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 Latest staff -
Vistra, ENGIE and other developers move to tap $5B Texas Energy Fund for 41 GW of gas-fired projects
The fund will provide low-interest loans for new generation. “Our plan is to expand this program in the upcoming legislative session,” said Lt. Gov. Dan Patrick.
By Robert Walton • June 3, 2024 -
Duke to offer expanded suite of clean energy options to Amazon, Google, other large customers
The proposed framework — developed in collaboration with Amazon, Google, Microsoft and Nucor — includes “innovative financing” to support emerging technologies like advanced nuclear and long-duration storage in the Carolinas.
By Ethan Howland • May 30, 2024 -
Earthjustice leads lawsuit seeking stricter EPA coal plant wastewater rules
The EPA estimates its recently updated wastewater rule, which exempts power plants that retire before 2034, will cause about 5.8 GW of coal-fired capacity to shutter.
By Ethan Howland • May 30, 2024 -
Existing, not advanced, reactors best for companies seeking 24/7 clean energy soon: Morgan Lewis panel
A recent webinar held by the law firm explored possibilities and barriers for industrial companies, raw material extractors and data centers looking at nuclear energy for reliable, low-carbon energy.
By Brian Martucci • May 28, 2024 -
FERC rebuffs states, upholds approval of PJM capacity market plan for Delmarva region
The agency rejected a rehearing request from a coalition that included American Municipal Power, Old Dominion Electric Cooperative and regulators and ratepayer advocates from Delaware and Maryland.
By Ethan Howland • May 28, 2024 -
CAISO board approves $6.1B transmission plan with focus on access to clean energy
The grid operator will adopt heightened oversight of two major offshore wind transmission projects to make sure their development remains needed.
By Ethan Howland • May 24, 2024 -
US power demand expected to jump 2.7% this summer, plus 5 other takeaways from FERC’s open meeting
Data center demand is expected to grow to almost 21 GW this year and 35 GW in 2030, up from 19 GW in 2023, FERC staff said Thursday.
By Ethan Howland • May 24, 2024 -
EEI joins AEP, Duke, other utilities in suing EPA over power plant greenhouse gas rule
The trade group for investor-owned utilities contends it is “premature” to set emission limits based on carbon capture technology.
By Ethan Howland • May 23, 2024 -
Sens. Manchin, Barrasso craft bipartisan permitting reform bill amid growing load forecasts
American Electric Power has inquiries from potential customers to add 108 GW across its service territory, Ben Fowke, interim president and CEO, said at a Senate hearing Tuesday.
By Ethan Howland • May 22, 2024 -
State utility regulators grapple with load growth, reliability and permitting amid energy transition
“There are so many priorities that we need to balance,” Michigan PSC Commissioner Katherine Peretick said at a Cleanpower Expo panel.
By Brian Martucci • May 17, 2024 -
Geopolitics, decarbonization driving ascendant nuclear power industry: NEI CEO
Anticipated load growth from data centers, AI and new manufacturing hubs is the latest tailwind for conventional and advanced nuclear, NEI President and CEO Maria Korsnick said Tuesday.
By Brian Martucci • May 15, 2024 -
DC Circuit rejects stay request, paving way for EPA to implement power plant carbon rule
EPA says generators can achieve compliance with carbon capture and sequestration, but that technology “has not been proven at a commercial scale,” said NRECA CEO Jim Matheson.
By Robert Walton • Updated May 20, 2024 -
Small modular reactor startups Oklo and Nano Nuclear Energy make US stock market debut
The advanced fission companies, both of which are designing very small modular reactors for remote or mobile heat and power applications, completed their initial public offerings and began trading on U.S. exchanges last week.
By Brian Martucci • May 13, 2024 -
California PUC rejects PG&E plan to spin off 5.6 GW in non-nuclear assets
PG&E failed to show the proposed transaction meets “even the minimal public interest standard,” the PUC said in its decision.
By Ethan Howland • May 10, 2024 -
23 states, rural co-ops sue EPA over ‘unlawful, unreasonable’ power plant rules
“This rule intentionally sets impossible standards to destroy the coal industry,” North Dakota Attorney General Drew Wrigley said Thursday.
By Robert Walton • May 9, 2024 -
Clean energy, gas generation in PJM may take longer to come online than expected: report
“Absent significant reforms or market innovations, most projects entering PJM’s queue today are unlikely to come online before 2030,” the report’s authors said.
By Ethan Howland • May 9, 2024 -
BWX Technologies sees durable demand for large nuclear components and SMRs: CEO
On a Monday earnings call, the nuclear components supplier provided updates on a planned manufacturing plant expansion, longer-term demand for small modular reactors and more.
By Brian Martucci • May 8, 2024 -
Congress passes Russian uranium import ban, unlocking $2.7B to expand US nuclear fuel production
The money includes funding for high-assay low-enriched uranium, which is needed for certain advanced nuclear reactor designs.
By Brian Martucci • May 6, 2024 -
VPPs could boost utilities’ credit profiles, but it’s ‘premature’ to consider impact: Morningstar DBRS
Though obstacles are impeding virtual power plants in the short term, the technology will be a plus for utilities and for reliability in the long run, the credit rating company predicts.
By Brian Martucci • May 6, 2024 -
Replacing a Talen Energy coal-fired power plant with battery storage is infeasible: PJM
A Sierra Club proposal that aims to avoid a reliability must-run contract for the 1,280-MW Brandon Shores plant in Maryland is unworkable, the PJM Interconnection found.
By Ethan Howland • Updated May 6, 2024 -
GE Vernova to remain “highly selective” of offshore wind orders amid uncertainty: CEO
In its first quarterly earnings report since becoming an independent company, the power equipment manufacturer contrasted recent wind challenges with near-term optimism for its gas power and electrification business lines.
By Brian Martucci • May 1, 2024 -
PSEG in talks to sell nuclear power to data centers: CEO LaRossa
“Our New Jersey nuclear units could provide access to a highly reliable, carbon-free source of baseload power,” PSEG CEO Ralph LaRossa said Tuesday.
By Ethan Howland • May 1, 2024 -
AEP faces 15 GW of new load, driven by Amazon, Google, other data centers: interim CEO Fowke
Load growth in Ohio is sparking talk of letting the state’s utilities own power plants again, Ben Fowke, AEP interim CEO, said Tuesday.
By Ethan Howland • May 1, 2024