The Latest
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FERC approves CAISO interconnection reform plan
The federal agency dismissed concerns from renewable energy trade groups and others that a provision in the new rules will allow utilities to discriminate against project developers.
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Affordable multifamily housing owners would get decarbonization help in NYC proposal
Building owners purchasing “offset certificates” to help meet Local Law 97’s greenhouse gas emissions-reduction requirements would pay into the fund.
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Utility conferences to watch in 2025
Start planning for 2025’s biggest power sector events, which will cover the clean energy transition, the impact of the 2024 elections and more.
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Eversource exits offshore wind; GIP acquires stake in two Northeastern projects
After selling its stakes in the 130-MW South Fork Wind and 704-MW Revolution Wind projects, Eversource expects to record a net loss of $520 million for the third quarter.
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Courtesy of Hyundai Motor North America
Hyundai, Kia launch advanced battery technology project
To better compete in the EV market, the automakers plan to jointly develop lithium iron phosphate battery cathode material manufacturing technology in South Korea.
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Pathways Initiative proposes regional organization to oversee Western power markets
“This organization can evolve to offer the full range of [regional transmission organization] services,” Brian Turner, an Advanced Energy United director, said.
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Commerce imposes preliminary new duties on Southeast Asian solar cell imports
The preliminary subsidy rates released by the Commerce Department go as high as 292.61% for four companies based in Vietnam.
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DOE, USDA announce over $2.8B for Palisades nuclear plant restart
A $1.5 billion loan guarantee and $1.3 billion in awards will support site work and power purchase agreements for the 800-MW Michigan plant, the Biden-Harris administration said Monday.
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Courtesy of Bechtel
ERCOT, SPP and 3 US regions need ‘significant investment’ in new generating capacity: BofA
The U.S. will need an incremental 100 GW of effective capacity by 2035 to meet a 1.5% demand growth rate, according to BofA Global Research.
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Courtesy of Holy Cross Energy
Hybrid power plants account for majority of proposed US solar, storage capacity: LBNL
Future hybrid power plants’ storage capacity is likely to grow alongside renewables penetration, Lawrence Berkeley National Laboratory researchers said Monday during a webinar.
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Retrieved from Pacific Northwest National Laboratory.
IRA incentives driving increased interest in distributed wind: PNNL
The IRA funded 88% of rural wind energy grants awarded in 2023, according to a report from the Pacific Northwest National Laboratory.
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Joe Raedle/Getty Images via Getty Images
2M customers still without power after Helene; some local grids must ‘be completely rebuilt’
Multiple utilities say they will need to completely rebuild, rather than repair, electric systems in the hardest-hit areas. Helene was the most destructive hurricane in Georgia Power’s history.
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Stuby, James. Retrieved from Wikimedia.
PJM artificially inflates capacity prices by billions, complaint alleges
The PJM Interconnection is artificially boosting its capacity prices by not accounting for reliability must-run power plants in its capacity market, the Sierra Club and other groups told FERC.
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BOEM postpones first Oregon offshore wind auction due to lack of interest
The agency identified five eligible bidders but only received interest from one.
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AI will help, not hinder, grid decarbonization: NVIDIA CEO
Artificial intelligence will make computing and data centers more efficient — if they're built in regions with excess energy, NVIDIA CEO Jensen Huang said.
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CEOs face hurdles in meeting net-zero targets due to decarbonization challenges: KPMG
CEOs pointed to the complexity of cutting supply chain emissions and implementing sustainable solutions as challenges affecting their net-zero target strategies.
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MISO advances $21.8B regional transmission portfolio, including 765-kV backbone
The Midcontinent Independent System Operator expects the draft Tranche 2 proposal would produce $23.1 billion in net benefits over 20 years, partly by reducing the need for new generation.
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Joe Raedle via Getty Images
Millions without power after Hurricane Helene rocks Southeast
The storm struck Florida as a Category 4 and moved inland. More than 4 million customers lacked power Friday morning.
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Texas OKs Permian Basin reliability plan, option for state’s first 765-kV transmission lines
By 2038, oil and gas development could push Permian Basin demand to 26 GW, or about a third of the current summer demand in the Electric Reliability Council of Texas footprint.
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Courtesy of Hitachi Energy
Hitachi Energy to expand US transformer manufacturing capacity
The company promised $155 million to expand two facilities in Virginia and Pennsylvania as well as build a new factory in Mexico.
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Marc Piscotty/Getty Images via Getty Images
Opinion5 ways utilities and other climate planners can tackle extreme heat
As climate change causes extreme heat to spread and become more frequent, the health and energy insecurity impacts faced by vulnerable populations will grow, too.
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US needs vertically integrated solar manufacturing to fight China’s market dominance: RE+ speakers
“China has done so much work to be vertically integrated ... from the polysilicon all the way to the modules,” said Arielle Brown, director of government affairs at chemical company Wacker.
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Alex Potemkin via Getty Images
PJM says ‘concerns are growing’ after less than 2 GW added this year
“I can assure you … we very much want to bring our projects to completion and are working very diligently in doing so,” VC Renewables’ Jason Barker said.
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RTOs could fast-track power projects in interconnection queues under House bill
American Electric Power and the Electric Power Supply Association support the bill introduced Sept. 25. It directs FERC to start a rulemaking process within 90 days of the bill becoming law.
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OpinionC&IÂ customer needs are rapidly changing. How can utilities maximize their relationship?
Utilities risk being blindsided by the capacity needs of commercial and industrial customers by not engaging them early and often to understand their electrification plans.
