Generation: Page 3
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Deep DiveCongressional action on energy permitting remains stuck, but states, developers are finding solutions
States are resolving local objections to projects through community engagement while transmission developers are making innovative use of existing rights-of-way to bypass permitting logjams.
By Herman K. Trabish • Feb. 27, 2024 -
Permission granted by ISO New England
New England capacity prices rise almost 40% in most recent auction
Clean energy resources made up 40% of the total capacity commitments, according to ISO New England, and no coal plant met the auction clearing price.
By Robert Walton • Feb. 23, 2024 -
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TrendlineTop 5 Stories from Utility Dive
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 -
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PJM, 3 other RTOs propose steps to improve gas-electric sector coordination, boost reliability
Market enhancements, operational improvements and regulatory reforms are needed to improve gas-electric coordination, according to grid operators serving much of the U.S.
By Robert Walton • Feb. 22, 2024 -
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5 takeaways from the investor-owned utility sector’s day on Wall Street
Utilities will likely issue equity this year to fund the energy transition’s record capital spending, Edison Electric Institute officials said.
By Robert Walton • Feb. 21, 2024 -
The image by Cards84664 is licensed under CC BY-SA 4.0
With FERC approval in hand, Vistra poised to close on $6.3B Energy Harbor buy
Energy Harbor’s assets will be added to Vistra Vision, which will have 6.4 GW of nuclear generation, 5 million retail customers, and 2.4 GW of renewable energy and energy storage projects.
By Ethan Howland • Feb. 20, 2024 -
Retrieved from Centrus Energy Corp..
Domestic uranium enrichment gets $2.7B boost from US Senate
The Emergency National Security Supplemental Appropriations Act of 2024 funds conventional and advanced U.S. uranium enrichment capabilities, but the bill faces an uncertain future in the U.S. House of Representatives.
By Brian Martucci • Feb. 16, 2024 -
Courtesy of Salt River Project
Salt River Project seeks 2.5 GW clean power, 1.2 GW peak capacity amid rapid Phoenix-area growth
The utility expects to add more than 2 GW of solar and 1 GW of battery storage by the mid 2020s, and by 2032 it plans to retire more than 1.3 GW of capacity at four coal plants.
By Robert Walton • Feb. 15, 2024 -
Courtesy of LineVision
GETs could facilitate 6.6 GW of clean energy in five PJM states, saving $1B a year: RMI
Grid-enhancing technologies can be used to increase the capacity of the existing transmission system, providing a quick, low-cost pathway for bringing new generation online, RMI said in a report Thursday.
By Ethan Howland • Feb. 15, 2024 -
Retrieved from House of Representatives.
State officials blame federal regulation for higher energy prices: ‘Customers are getting hurt.’
Proposed federal limits on fossil fuel power plants will further raise costs and weaken reliability, three state energy officials told a U.S. House subcommittee on Wednesday.
By Robert Walton • Feb. 15, 2024 -
Permission granted by ISO New England
ISO New England proposes capacity market changes, further 2-year delay for upcoming auction
Moving to a “prompt/seasonal” model of procuring energy resource commitments would better reflect changing demand and available supply, the New England grid operator said.
By Robert Walton • Feb. 13, 2024 -
istockphoto.com/Jacob Wackerhausen
Sponsored by Questline DigitalMunicipal utilities boost engagement with hyper-local tactics
For municipal utilities, a strong connection to the community is fostering greater customer engagement. From local collaborations to community events, see how smaller utilities are taking a hyper-local approach.
Feb. 12, 2024 -
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CAISO seeks FERC approval to cancel 2024 interconnection study process
As it deals with an interconnection backlog, the California Independent System Operator hasn’t started studying last year’s interconnection requests, which totaled 350 GW, the grid operator told FERC on Thursday.
By Ethan Howland • Feb. 9, 2024 -
Ron and Patty Thomas via Getty Images
PJM set to hold capacity auction in June after receiving mixed FERC decisions
FERC-approved changes to PJM’s capacity auction will likely boost capacity prices and help the grid operator acquire capacity during the energy transition, according to an ESAI Power analyst.
By Ethan Howland • Feb. 9, 2024 -
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EPA tightens annual soot standard as TVA, other utilities say science doesn’t back change
The agency expects almost all counties will meet the revised fine particulate matter standard, a fact the U.S. Chamber of Commerce disputed.
By Ethan Howland • Feb. 7, 2024 -
Permission granted by NuScale Power
OpinionLessons from NuScale’s terminated project will help pave the way for advanced nuclear energy
The advanced nuclear innovation ecosystem remains strong, with a portfolio of public and private investments, multiple technology pathways and diverse business models.
By Judi Greenwald, Jeremy Harrell and Jessica Lovering • Feb. 6, 2024 -
Permission granted by ISO New England
FERC approves ISO-NE day-ahead reserve initiative, in boost to flexible resources
The plan will provide increased revenue to flexible resources like energy storage that can provide reserves to meet any unexpected real-time power supply needs.
By Ethan Howland • Feb. 5, 2024 -
RRT
Xcel proposes 3.6 GW renewables, 600 MW storage in Midwest but spurs concerns with gas plans
The new combustion turbines, part of a plan to add 2.2 GW of gas peaking capacity, “will only run when needed, meaning they’ll have very low emissions, in line with our long-term carbon goals,” an Xcel spokesperson said.
By Robert Walton • Feb. 5, 2024 -
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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 -
catnap72 via Getty Images
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 -
imacoconut via Getty Images
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
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