Generation: Page 10
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FERC’s Talen Energy-Amazon decision unlikely to impact NuScale data center plans: CEO
NuScale also expects its application before the NRC to uprate its reactor design from 50 MW to 77 MW to conclude by mid-2025, CEO John Hopkins noted during Thursday’s Q3 earnings call.
By Brian Martucci • Nov. 11, 2024 -
FERC approves 6-month delay to PJM’s next 3 capacity auctions
The delay stems from a complaint alleging that PJM’s rules do not account for the impacts of reliability must-run power plants in the grid operator’s capacity auctions.
By Robert Walton • Nov. 11, 2024 -
2024 Elections
Trump win is ‘setback’ for climate protection, but clean energy advocates say progress will continue
Trump’s victory means a Republican will be selected to lead FERC, which will likely work to rein in transmission incentives, said Tyson Slocum, director of Public Citizen's Energy Program.
By Robert Walton • Nov. 6, 2024 -
Retrieved from Marque1313.
FERC’s AWS, Talen Energy ruling ‘not the final word’ on nuclear, data center colocation: Constellation CEO
The company’s “foot is on the accelerator” to close data center deals as it works to restart Three Mile Island Unit 1 by 2027, CEO Joe Dominguez said on its third-quarter earnings call Monday.
By Brian Martucci • Nov. 5, 2024 -
The image by Peretzp is licensed under CC BY-SA 3.0
AEP, others press for FERC guidance on ‘gargantuan’ issue of data center colocation
Google is interested in colocation to meet its data center needs, not to avoid grid costs, said Brian George, the company's U.S. federal lead for global energy market development.
By Ethan Howland • Nov. 4, 2024 -
FERC rejects interconnection pact for Talen-Amazon data center deal at nuclear plant
Chairman Willie Phillips dissented from the decision on the “first of its kind” co-location proposal, saying it could harm national security and grid reliability.
By Ethan Howland • Nov. 4, 2024 -
States should procure power supplies outside PJM capacity auctions: FirstEnergy CEO
Capacity concerns come amid a surge in data center development, with FirstEnergy receiving more than 60 service inquiries larger than 500 MW this year.
By Ethan Howland • Oct. 31, 2024 -
Exelon’s ‘high probability’ data center load has nearly doubled to 11 GW, CEO says
Meanwhile, the PJM Interconnection’s plan to delay an upcoming capacity auction “sends a clear message that [market] reform is definitely needed,” CEO Calvin Butler said.
By Ethan Howland • Oct. 31, 2024 -
5 governors call for PJM capacity market rule changes to reduce ‘unnecessary’ consumer costs
LS Power has identified 4.4 GW in potential capacity and storage projects in PJM totaling $8 billion but said unstable market rules hinder investment decisions.
By Ethan Howland • Oct. 28, 2024 -
The image by Chesapeake Bay Program is licensed under CC BY-SA 2.0Deep Dive
APS, Duke, other utilities pursue new climate resilience strategies as some await upcoming tools
APS and Duke, along with Central Hudson Gas & Electric, PacifiCorp and Puget Sound Energy, see different paths to reach resilience planning’s potential while awaiting EPRI metrics to address uncertainties.
By Herman K. Trabish • Oct. 28, 2024 -
NRC removes ‘quantitative health objectives’ from proposed advanced reactor licensing rules
The change will “create a more flexible regulatory framework where applicants could show they meet the intent of complete evaluation of plant safety without having to use a specific set of tools,” an industry analyst said.
By Brian Martucci • Oct. 25, 2024 -
Retrieved from NextEra Energy website on October 24, 2024
NextEra CEO ‘not bullish’ on SMRs as company assesses potential Duane Arnold restart
“There are only a few nuclear plants that can be recommissioned in an economic way,” and newer technologies like small modular reactors remain financially infeasible, CEO John Ketchum said.
By Emma Penrod • Oct. 24, 2024 -
Power plant owners back PJM capacity auction delay but warn of waning investor confidence
FirstEnergy told FERC it may be time to adopt policies that drive responsibility for developing dispatchable resources back to the states.
By Ethan Howland • Oct. 23, 2024 -
AI, data center load could drive ‘extraordinary’ rise in US electricity bills: Bain analyst
Utility revenue requirements to serve growing data center electricity demand could increase customer bills by 1% annually through 2032, according to Bain & Company.
By Robert Walton • Oct. 23, 2024 -
Deep Dive
With Palisades and Three Mile Island units set to restart, could more retired reactors follow?
Much depends on the retired plants’ condition, decommissioning status and reactor technology, experts say.
By Brian Martucci • Oct. 22, 2024 -
PJM floats options for fast-track interconnection for shovel-ready projects
The plan may face challenges at the Federal Energy Regulatory Commission and in courts for giving a preference to certain generating projects, some PJM stakeholders said.
By Ethan Howland • Updated Oct. 21, 2024 -
FERC bars payments for ‘deadband’ reactive power, plus 4 other open meeting takeaways
Renewable energy trade groups, Public Service Enterprise Group and other generators opposed the agency’s decision on reactive power.
By Ethan Howland • Oct. 18, 2024 -
DOE opens applications for up to $900M to support small modular reactor deployment
Interest in nuclear energy is resurgent, and DOE said it wants to establish “a credible and sustainable pathway” to deploying Gen III+ SMRs across the country.
By Robert Walton • Oct. 17, 2024 -
The image by RM VM is licensed under CC BY-SA 4.0
Supreme Court rejects calls to put a hold on EPA power plant carbon rule
Utilities asking the court to stay the rule included American Electric Power, Duke Energy, MidAmerican Energy, PacifiCorp and Southern Co.
By Ethan Howland • Oct. 17, 2024 -
Amazon announces small modular reactor deals with Dominion, X-energy, Energy Northwest
The digital retail and web services company led a $500 million investment in X-energy and will support the development of more than 600 MW of SMR capacity in Washington and Virginia.
By Brian Martucci • Oct. 16, 2024 -
Dominion unveils plans to add 21 GW of clean energy, 5.9 GW of gas generation by 2039
The company plans to deploy about 3.4 GW of new offshore wind in addition to the 2.6 GW already in development, about 12 GW of new solar, and about 4.5 GW of new battery storage.
By Diana DiGangi • Oct. 16, 2024 -
Possible PJM market changes could lower near-term capacity prices: Morgan Stanley
A planned delay in the grid operator’s upcoming capacity auction could spark greater demand for behind-the-meter deals between data centers and nuclear power plants, Morgan Stanley analysts said.
By Ethan Howland • Oct. 15, 2024 -
Retrieved from Idaho National Laboratory.
States can boost advanced nuclear business case with focus beyond electricity: report
A new report from NARUC and NASEO highlights Generation III+ and IV reactors’ potential to support industrial processes, mining, district heating and data center operations.
By Brian Martucci • Oct. 14, 2024 -
PJM plans to delay upcoming capacity auction by six months
The delay will give the PJM Interconnection time to craft potential market reforms sought by state utility regulators and others, the grid operator said.
By Ethan Howland • Oct. 11, 2024 -
NiSource gets an A, 15 utilities get Fs as Sierra Club slams pace of coal plant closures
NiSource, NextEra Energy, Orlando Utilities Commission, PNM Resources, Puget Holdings, The AES Corp. and Xcel Energy are the top-ranked utilities in the Sierra Club’s latest clean energy scorecard.
By Ethan Howland • Oct. 10, 2024