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Texas power outages cost consumers $35,685 per MWh of unserved load: Brattle
State regulators adopted a Value of Lost Load metric to weigh the benefits of future investments to improve grid reliability.
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Cape Station may be world’s most productive geothermal system to date: Fervo
Fervo's success with advanced drilling techniques appears to be driving a significant uptick in geothermal development in Utah, the Bureau of Land Management says.
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Opinion
The impacts of climate change on deeply decarbonized energy systems: A New York case study
As the impacts of climate change intensify, it will become increasingly important for energy system planners to directly account for the effects that warming temperatures will have across every segment of the industry.
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National Grid, Constellation propose options to prioritize grid interconnection requests
However, “rationing” grid interconnection threatens open access to the power system, GridStor’s Jason Burwen said at a Federal Energy Regulatory Commission workshop.
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FERC greenlights BlackRock’s $12.5B purchase of Global Infrastructure Partners
The Federal Energy Regulatory Commission approved the transaction on the back of a blanket authorization it first granted the asset management firm in 2010.
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Opinion
Why many environmentalists are warming to nuclear power
They are revisiting their early concerns about nuclear power — primarily waste, safety and costs — in light of new information, and they are concluding that the benefits outweigh the risks.
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Washington aims to support its clean buildings standard with $7.8M DOE grant
The Building Efficiency and Clean Operations Network project proposes to train at least 60 fellows to provide energy services to building owners and operators.
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BLM approves NV Energy’s Greenlink West transmission, Arevia’s $2.3B solar + storage project
NV Energy will buy power from Arevia’s 700-MW solar/2.8-GWh battery project in Nevada at a levelized cost of $93.69/MWh.
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Flexible interconnection service for Duke solar could slash costs, speed grid connections: study
Providing energy-only interconnection service to a 1.9-GW Duke Energy solar cluster could reduce grid upgrade costs by 72%, according to a study being discussed at a FERC workshop Tuesday.
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States have multiple tools to advance storage tech, but financing, other challenges abound: NASEO
The National Association of State Energy Officials highlighted the efforts of California, Colorado and other states while pointing to permitting, interconnection and other obstacles.
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ES Solar, sonnen deploy 18 MWh of home battery retrofits through Rocky Mountain Power initiative
ES Solar hopes to retrofit 40% of Utah’s solar-only residential PV systems over five years as customers seek backup power and income from VPP participation, company leaders said.
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Nasdaq partners with Crux to help companies access clean energy tax credits
The team-up will grant Nasdaq ESG Solution clients access to Crux’s platform of clean energy project developers and manufacturers to purchase transferable tax credits.
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Opinion
Utilities hold the key to the electric vehicle market
Most utilities are already engaged in basic EV-related activities, such as education regarding when and where to charge, and are offering incentives to install charging infrastructure. But they can do much more.
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Research shows RNG industry consolidating as major players announce new or completed projects
A report from WoodMackenzie found that market consolidation could lead to greater efficiencies and drive technology upgrades at landfills. Meanwhile, WM and Waste Connections shared progress on their RNG projects.
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PJM seeks OK from FERC to end energy efficiency capacity payments
There is no evidence that capacity payments spur energy efficiency investments, according to the PJM Interconnection, which wants the plan to take effect before a December auction.
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New England offshore wind procurement taps 2.9 GW, less than half the total initially sought
Massachusetts and Rhode Island selected projects, but Connecticut did not. The regional procurement aimed to procure up to 6.8 GW.
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Utilities need ‘broad culture change’ to deploy emerging clean resources at scale: DOE’s Shah
“Failing to adopt new strategies and technologies is the higher-risk path for utilities today,” said Jigar Shah, director of the U.S. Department of Energy’s Loan Programs Office.
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Uprates, batteries and DR may offer near-term responses to record PJM capacity prices
With tight supply-demand conditions, upcoming capacity auctions could be volatile, according to ESAI Power’s Scott Niemann. “It just adds a lot more uncertainty to the auction outcomes," he said.
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The fallout from PJM’s record-setting capacity auction
Utilities, power plant owners, state lawmakers and regulators are responding to PJM's latest capacity auction, with an eye on the ones ahead.
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WestTEC to develop West-wide ‘actionable’ transmission plan
The initiative aims to develop interregional and interstate transmission portfolios across the West on 10- and 20-year timeframes.
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V2G law could grow California battery capacity 119 GWh in 2027: ClearView Energy
The new law gives the California Energy Commission more discretion to mandate bidirectional EV charging capabilities than a stricter version that failed last year, the independent research firm said.
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US energy storage installations rise 62% in Q2, to 2.9 GW: ACP
Storage deployments saw their second-best quarter ever, with overall clean energy installations on pace for a record year, according to the American Clean Power Association’s Q2 2024 market report.
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ChargePoint enhances charging stations with AI as shares slide amid slower EV sales growth
Project delays on the fleet side of ChargePoint’s business were a drag on second quarter revenues, President and CEO Rick Wilmer said.
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Texas denies Aegle Power loan application for 1.3-GW gas plant after NextEra’s unauthorized inclusion
Lawmakers said they want to know how the Public Utility Commission of Texas and Deloitte “advanced a problematic and unqualified application by an energy executive who was publicly convicted of fraud.”
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PJM considers fast-track review for shovel-ready generating projects
The grid operator expects generators will step in with new supplies in response to high prices in its recent capacity auction.