Despite rising prices, market faces a glut of renewable energy projects, analysts say

The enormous number of renewable energy projects in queues around the country suggests the vast majority will never be built, according to Ascend Analytics.

FERC approves PJM’s Exelon-oriented $796M transmission plan over Maryland objections

FERC Commissioner Allison Clements urged PJM to consider more proactive transmission planning to address reliability needs.

Hawaiian Electric to provide up to $75M to new state fund for Maui wildfire victims

Those who use the fund will waive their ability to get compensated through litigation, Scott Seu, president and CEO of parent company Hawaiian Electric Industries, said.

We need power market rules to reflect the grid as it is today, not as it was 70 years ago

To allow competitive markets to fulfill their potentials, reforms will be required that prioritize reliability, efficient permitting, the integration of new commercially viable resources, and innovation.

NuScale, UAMPS terminate small modular reactor project in Idaho

NuScale and the Utah Associated Municipal Power Systems determined that the 462-MW project would likely not reach a sufficient subscription level to continue toward deployment.

Much of North America faces ‘elevated risk’ of blackouts in extreme winter conditions: NERC

Climate change, rising energy demand and natural gas dependence mean “a massive grid disruption is inevitable,” said Mark Spurr, legislative director at the International District Energy Association.

Utilities likely to continue selling non-core assets amid $745B in planned spending: Moody’s

State regulators may push back on utility spending to protect customers from rising electric rates, according to Moody’s.

The rate cases are coming: How will utility customers react?

Strong customer opposition to current rate cases could leave utilities in the lurch when it comes to raising funds they need to make good on their promises to improve the safety and sustainability of their operations.

Solar likely to outpace hydropower’s annual generation in 2024: EIA

From 2009 to 2022, installed solar capacity increased at an average rate of 44% per year, said the Energy Information Administration.

Texas voters approve $10B energy fund, with most going to build gas-fired power plants

The fund will be administered by the Public Utility Commission of Texas, with $7.2 billion allocated for new construction or upgrades of dispatchable power generation. 

Maine voters reject public takeover of CMP, Versant utilities

Question 3 proposed that the state form a nonprofit, consumer-owned utility called Pine Tree Power to purchase the assets of Maine's investor-owned utilities.

Kentucky PSC partly approves PPL’s $2.1B plan to retire coal, add gas, solar and storage

The commission approved a 125 MW/500 MWh battery energy storage facility, which it said will give LG&E/KU insight into operating and integrating large-scale storage to meet customer demand.

DOE taps Sunnova, Sunrun, others, to receive $440M for rooftop solar and batteries in Puerto Rico

Eight companies and nonprofits will install solar and battery systems for low-income households and those where a resident has an energy-dependent disability.

Are EV sales tanking? This Al Gore doesn’t think so.

Despite recent labor and manufacturing woes, EV sales remain strong, and cities will benefit as more electric trucks and buses hit the streets, Al Gore III said.

Mandatory energy disclosures can aid collaboration and sustainability in the cannabis industry

By embracing such disclosures, we can enhance the controlled environment agricultural industry, promote efficient energy use and bridge the gap between growers and regulators.

ISO New England proposes 1-year delay to 2025 forward capacity auction

The New England grid operator told regulators it must complete an analysis of the region’s constrained natural gas system in order to “accurately value the reliability contributions of all resources.”

Google taps ‘carbon-intelligent’ computing platform to help maintain grid reliability in power crises

The platform, originally built to help Google achieve 24/7 clean energy use, has proven to be effective as a demand response mechanism, Google says.

AEP aims to sell retail, distributed energy and solar operations by mid-2024

American Electric Power also plans to soon launch a sale process for its stakes in two transmission companies and make a decision on selling its share of Transource Energy, CEO Julie Sloat said.

Redwood Materials to recycle 4.6-MWh, first-generation battery system from Hawaii substation

The successful decommissioning could serve as an industry model for future gigawatt-scale projects, according to the company.

ASHRAE releases guide on how grid interactivity can accelerate decarbonization

The guide offers best practices and considerations for carbon emissions reduction, energy usage optimization and operational cost savings, the organization says.

Duke, others leverage new IRA rules to finance clean energy, but cost, complexity are hurdles

New tax credit provisions in the Inflation Reduction Act could more than triple the $20 billion annual tax equity market that today finances clean energy in the U.S., if various challenges can be overcome.

Dominion lowers cost estimates for power from offshore wind farm, seeks possible partner

The utility will decide by early 2024 whether or not to take on a partner for its Coastal Virginia Offshore Wind project, said CEO Bob Blue.

MISO capacity proposal draws mixed reviews at FERC. Mississippi PSC calls it ‘hokum.’

The Organization of MISO States backs the Midcontinent Independent System Operator’s proposal to change its capacity auctions, but Entergy, Southern utility regulators and environmental groups oppose parts of the plan.

How America’s grid modernization stakes echo Eisenhower’s interstate revolution

Enacting sound policies that deliver a 21st century grid and spur interregional transmission development will drive tremendous economic and other benefits like our interstate highway system has done.

FERC Order 2023 won’t solve fundamental interconnection problems: Commissioner Clements

“The reality is, when we have these complex issues, you don't just solve it, like the good old days, with one rule,” Clements said Thursday. “This is going to be a series of steps.”