The Latest
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PJM expects summer peak load to grow 2% a year on average, driven by data centers
Meanwhile, it will be hard to build enough power plants and power lines to meet Virginia’s data center needs, according to a report written for state lawmakers.
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Sponsored by Burns & McDonnellLeveraging project development to meet energy transition targets
As utilities invest in grid modernization, they face significant challenges to complete projects.
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Permission granted by Intersect Power
Texas storage deployment saved at least $750M since 2023: ACP
Approximately 5 GW of new capacity added since last year has improved reliability while lowering electricity prices on the ERCOT grid, the American Clean Power Association said Monday.
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"Schneider Electric Torgauer Straße auf dem EUREF-Campus Berlin-Schöneberg" by Igor Calzone1 is licensed under CC BY-SA 4.0
Schneider Electric data center innovations shed light on AI strategy
A new data center reference design, co-developed by NVIDIA, and a high-density uninterruptible power supply are among the company’s future goals for energy and artificial intelligence, Schneider Electric says.
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Jose Gulias Trigas via Getty Images
Net-Zero Asset Owner Alliance calls for mandated scope 3 emissions disclosures
The UN-convened alliance made the call to increase the comparability and quality of scope 3 data and allow asset owners to more accurately assess and decarbonize their portfolios.
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Gabriel Shakour via Getty Images
OpinionStepping up to achieve local climate progress despite federal headwinds
State and local action will be one of the most effective means of continuing the momentum for clean energy deployment and cost reductions.
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Debra McVey via Getty Images
FERC rejects plan to shift PJM’s transmission planning protocol in win for state regulators
“These provisions violate the Commission’s independence requirement by providing … PJM [transmission owners] with undue influence over transmission planning and expansion,” FERC said.
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Courtesy of Divert
Biogas investment tax credit finalized with favorable language for RNG
The final rule includes properties that convert biogas into renewable natural gas in a lucrative credit program designed to boost investment in clean energy. Developers are expected to rush to qualify before the end of the year.
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Courtesy of Rivian
Rivian to open its charging network to all EV drivers
The move follows Tesla’s decision to open its Superchargers to other automakers to improve public access and promote EV adoption.
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audioundwerbung via Getty Images
OpinionElectrons vs. molecules: The critical role of hydrogen in hard-to-abate sectors
To meet the urgency of the climate crisis, we must embrace a dual approach: electrify where possible and deploy hydrogen where electricity falls short.
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Permission granted by Midcontinent Independent System Operator
FERC orders Ketchup Caddy to pay $27M for MISO demand response fraud
FERC staff estimated that Ketchup Caddy’s bogus capacity offers caused $17.6 million in losses over three years through reduced capacity prices.
Updated Dec. 6, 2024 -
YinYang via Getty Images
Five-year US load growth forecast surges 456%, to 128 GW: Grid Strategies
U.S. electricity demand is forecast to increase 15.8% by 2029, according to a new report from Grid Strategies, which called the findings “shocking.” Six regions of the country are driving the growth.
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Brendan Hoffman via Getty Images
2024 ElectionsTrump’s SEC pick sparks concern from ESG, climate experts
The president-elect picked Paul Atkins for Securities and Exchange Commission chair. Experts expect him to prioritize maximizing corporate returns over ESG considerations.
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Courtesy of Public Service Electric and Gas
PSE&G to pay $6.6M for inaccurately reporting need for local PJM transmission project
The Public Service Enterprise Group utility didn’t give PJM accurate information about the need for a $546 million power line it built in New Jersey, per a FERC settlement.
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Courtesy of Climeworks — The Mammoth plant
OpinionRegulatory red tape holds back the carbon capture opportunity in Texas
President-elect Trump’s nomination of Lee Zeldin to lead the U.S. EPA could restore sanity to an agency that is holding back billions of dollars in new investment — including in the fast-growing carbon capture industry.
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Courtesy of General Motors
Deep DiveWhen TOU rates aren’t enough: BGE, other utilities expand active managed charging for rising EV load
With over 3 million electric vehicles on U.S. roads, managed charging pilots need to be scaled before infrastructure upgrade costs start rising, analysts and utility executives agree.
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Permission granted by Bob Brewer/Unsplash
BOEM issues final federal permit for US Wind’s 2-GW Maryland offshore wind project
The wind farm will be a first for the state of Maryland and will help shore up the offshore wind supply chain, according to the Oceantic Network.
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adamkaz via Getty Images
OpinionClean firm generation is an important piece of the energy transition, but it’s no silver bullet
Due to the high cost of clean firm energy, it may be best considered as part of a broader generation portfolio that relies on much lower cost wind and solar most of the time.
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Courtesy of ConnectDER announces Series D funding
BlackRock, Temasek venture leads $35M funding round for ConnectDER
The latest funding round, led by Decarbonization Partners, will help accelerate growth for the home solar power and EV adapter company.
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Courtesy of Ultium Cells LLC
GM sells stake in Ultium Cells joint venture battery plant
The plant is one of three U.S. facilities that the automaker planned to operate as part of its joint venture with LG Energy Solution.
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Retrieved from Marque1313.
Meta seeks up to 4 GW of new nuclear power to help meet AI, sustainability objectives
The Facebook and Instagram parent aims to deploy new nuclear generation capacity to power its data centers beginning in the early 2030s, it said Tuesday.
Updated Dec. 5, 2024 -
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Note from the Editor-in-Chief
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Noah Berger via Getty Images
Amazon Web Services leans on AI to decarbonize data centers, boost energy efficiency
Amazon’s cloud computing subsidiary has signed a deal with Orbital Materials and made infrastructure updates to boost data center sustainability and energy efficiency.
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Nicholas Smith via Getty Images
Renewable energy developers urge PJM to drop fast-track interconnection plan
The PJM Interconnection’s proposed Reliability Resource Initiative, if approved, will be challenged at the Federal Energy Regulatory Commission and in court, the developers said.
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Bruce Bennett via Getty Images
New York finalizes contracts with 23 renewables projects totaling 2.3 GW
The solar and wind projects will provide enough power for more than 700,000 homes and will generate more than $4.7 billion in private investment, the New York State Energy and Research Development Authority said.
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pidjoe via Getty Images
OpinionMitigating price volatility: How flexible assets can strengthen renewable portfolios
Together, battery storage, gas generation and demand response provide a crucial buffer against the risks associated with renewable energy, making portfolios more adaptable and financially resilient.
