Generation: Page 2
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Permission granted by NuScale Power, LLC
AI, manufacturing spur SMR interest, but project complexity weighs on deals: NuScale
CEO John Hopkins expressed optimism over a bipartisan nuclear support law and a new DOE solicitation on SMRs amid efforts to close deals with U.S. data center operators.
By Brian Martucci • Aug. 12, 2024 -
Lukas Schulze via Getty Images
New initiative aims to solidify carbon removal standards
The Carbon Removal Standards Initiative seeks to provide policymakers and regulators with “financially unconflicted advice” to monitor and develop standards for the industry.
By Zoya Mirza • Aug. 8, 2024 -
Zach Gibson / Stringer via Getty Images
Dominion says ratepayers will be insulated from PJM capacity auction impacts
Despite the PJM Interconnection’s 2025/26 capacity auction seeing record high prices, Dominion Energy has the “natural hedge” of its own generation, said CEO Bob Blue.
By Diana DiGangi • Aug. 7, 2024 -
Courtesy of Panda Power
Quantum in $3B deal to buy Cogentrix, with its 5.3 GW of gas generation, from Carlyle
Quantum says it plans to “meaningfully grow” Cogentrix, which owns power plants in New England, PJM and Texas.
By Ethan Howland • Aug. 6, 2024 -
kflGALORE via Getty Images
OpinionSenate permitting reform compromise is a win for American energy and American politics
The legislation would provide a good foundation to undo unreasonable timetables and fragmented planning processes inhibiting investments in clean energy projects.
By Paolo Mastrangelo • Aug. 5, 2024 -
Alex Potemkin via Getty Images
FERC seeks more info on Talen-Amazon nuclear interconnection pact
The federal agency also said it plans to hold a technical conference in the fall on issues related to co-locating large loads at power plants.
By Ethan Howland • Aug. 5, 2024 -
Permission granted by Transect
Sponsored by TransectThe top 5 challenges EPC firms face
Discover how EPC firms can navigate risks and capitalize on the booming renewable energy sector with strategies to enhance efficiency and profitability.
Aug. 5, 2024 -
stock.adobe.com/Kanisorn
Sponsored by Franklin EnergyElectrifying the future: How landmark legislation and strategic collaboration are shaping the energy landscape
Recent years have seen the enactment of landmark legislation aimed at addressing the pressing issue of climate change.
Aug. 5, 2024 -
Courtesy of Georgia Power
US nuclear policy gains boost fuel supplier Cameco as Q2 earnings jump 157%
The Canadian uranium producer sees long-term order growth as clean energy demand rises and U.S. nuclear operators seek alternatives to Russian supplies
By Brian Martucci • Aug. 2, 2024 -
imaginima via Getty Images
PJM capacity auction to lead to double-digit rate hikes for Exelon utilities: CFO
When asked about possible power plant ownership, Exelon President and CEO Calvin Butler said, “We're working with our [state utility] commissions on all types of scenarios.”
By Ethan Howland • Aug. 2, 2024 -
Kent Raney via Getty Images
Illinois can replace fossil plants with storage, capacity from queues: NRDC
A study published Thursday by the Natural Resources Defense Council was developed in response to a PJM report saying that Illinois needs $700 million in transmission to replace 11.6 GW of fossil-fueled capacity.
By Ethan Howland • Aug. 1, 2024 -
The image by FirstEnergy is licensed under CC BY-ND 2.0
FirstEnergy seeks alternatives to PJM capacity market to bolster power supply
“I'd call yesterday's [PJM auction results] the canary in the coal mine, and the canary didn't make it,” Brian Tierney, FirstEnergy president and CEO, said.
By Ethan Howland • Aug. 1, 2024 -
Gerville via Getty Images
AEP data center and other commercial sales soar 12.4% in Q2
American Electric Power’s peak load could jump 43% by the end of this decade, to 50 GW, based on current data center commitments, according to the company.
By Ethan Howland • Aug. 1, 2024 -
Getty Images
New York could see electricity demand grow 90% by 2042: ISO
Long-duration batteries, small modular nuclear reactors, hydrogen and fuel cells may be needed to replace 25 GW of fossil generation by 2040.
By Robert Walton • Aug. 1, 2024 -
aimintang via Getty Images
PJM capacity prices hit record highs, sending build signal to generators
Consumers across the PJM Interconnection footprint will pay $14.7 billion for capacity in the 2025/26 delivery year, up from $2.2 billion in the last auction.
By Ethan Howland • July 31, 2024 -
wolv via Getty Images
OpinionSteering gas utilities toward calmer seas with an eye to the electric experience
State regulators need to begin assembling their tools to manage the impact of the energy transition — on both gas customers and the electric grid — before crises in affordability and reliability are upon us.
By Sarah Steinberg and Brad Cebulko • July 30, 2024 -
Kent Raney via Getty Images
DC Circuit rejects Entergy challenge to MISO’s capacity rules
The Federal Energy Regulatory Commission adequately explained why it approved MISO’s plan to shift to a seasonal capacity market, the court said Friday.
By Ethan Howland • July 29, 2024 -
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Sponsored by Franklin Electric Grid SolutionsThe crucial role of monitoring and testing solutions within power-dependent facilities
Explore the network of power assets charged with maintaining data center uptime.
July 29, 2024 -
The image by Jakec is licensed under CC BY-SA 4.0
AEP, Exelon oppose Talen-Amazon interconnection pact to protect rate base growth potential: Constellation
Exelon’s Commonwealth Edison stands to add up to $5 billion to its rate base by building transmission infrastructure to serve planned data centers in Illinois, according to Constellation Energy.
By Ethan Howland • July 24, 2024 -
The Nuclear Co. exits stealth, plans to deploy standardized 6-GW nuclear fleet
The startup will initially target sites with active Nuclear Regulatory Commission permits, Chief Development Officer Juliann Edwards said.
By Brian Martucci • July 22, 2024 -
BackyardProduction via Getty Images
DC Circuit rejects bids to put hold on EPA power plant carbon rule
Cooperative utilities and others seeking to put the EPA's rule on hold failed to show they are likely to succeed in their claims, the appeals court for the District of Columbia Circuit said Friday.
By Ethan Howland • July 22, 2024 -
narvikk via Getty Images
Deep DiveInnovative solutions emerge to reduce 2.5-TW US clean energy interconnection backlog
California’s project scoring criteria, the Texas connect and manage option and SPP’s work to link system planning with the interconnection process across its multistate region could speed the clean energy expansion.
By Herman K. Trabish • July 22, 2024 -
The image by Peretzp is licensed under CC BY-SA 3.0
Existing nuclear power plants are best behind-the-meter option for data centers: NEI paper
Author and former PJM Interconnection executive Michael Kormos disputed claims that colocated data centers would increase power costs and erode reliability.
By Brian Martucci • July 18, 2024 -
zhengzaishuru via Getty Images
Duke, Exelon, others urge FERC to toss ‘show cause’ order on utility self-funding interconnection upgrades
FERC’s order to major grid operators that they show why their rules on who can pay for network upgrades is based on unconstitutional premises, Xcel Energy and other utility companies said.
By Ethan Howland • July 17, 2024 -
gorodenkoff via Getty Images
Data center, crypto operations in 10 states drive all US commercial power sales growth since 2019: EIA
Virginia, Texas, South Carolina and Arizona led the way with the highest demand growth while Pennsylvania, New York, Illinois and New Jersey had the largest losses in sales, the agency said.
By Ethan Howland • July 16, 2024
