Generation: Page 16
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OpinionNuclear energy finance bans prevent the world from buying American
Securing financing for commercially-oriented nuclear energy projects is critical for American suppliers to compete against adversarial state-owned entities.
By Kenneth Petersen • March 12, 2024 -
Retrieved from GE Hitachi.
Global small modular reactor pipeline hits 22 GW, with US leading the market: WoodMac
Growing interest from heavy industry and a 25-nation agreement to triple nuclear power globally by 2050 are tailwinds as the first commercial SMR comes online in China.
By Brian Martucci • March 12, 2024 -
Sophie Park via Getty Images
DOE’s ARPA-E faces budget cut, FERC to explore AI and other highlights from Biden’s budget
DOE’s Grid Deployment Office, the Energy Information Administration and renewables research would see budget hikes, while nuclear energy research and development spending would be cut.
By Ethan Howland • March 12, 2024 -
Justin Sullivan via Getty Images
Texas loan program for new gas plants would be open to private generators that also supply ERCOT
The Public Utility Commission of Texas could vote next week on rules governing the state’s new loan program for dispatchable power plant construction.
By Robert Walton • March 12, 2024 -
Retrieved from Public Utilities Commission of Texas.
Texas slows development of annual $1B performance credit mechanism designed to boost grid
Implementation will need to occur alongside efforts to operate the Electric Reliability Council of Texas market more efficiently, potentially in 2027, regulators said.
By Robert Walton • March 8, 2024 -
Retrieved from GE Hitachi.
NRC commissioners order changes to proposed licensing rules for advanced reactors
The revisions include removing several new and potentially burdensome regulatory requirements, according to Nuclear Innovation Alliance Research Director Patrick White.
By Brian Martucci • March 6, 2024 -
Permission granted by Fervo Energy
Geothermal developer Fervo Energy raises $244M as it builds 400-MW Utah project
Geothermal resources account for 4 GW of U.S. electric generating capacity but could scale up to 90 GW by 2050, experts say.
By Kavya Balaraman • March 5, 2024 -
Trong Nguyen via Getty Images
Texas regulators explore how to attract advanced nuclear projects, structure SMR incentives
States could use 24/7 carbon-free energy credits to attract projects, potentially by stacking them with federal incentives, according to Nuclear Energy Institute officials.
By Robert Walton • March 5, 2024 -
MRaust via Getty Images
Colorado PUC proposes rules for Xcel, Tri-State, Black Hills to join RTO, day-ahead markets
The proposal requires any organized wholesale market to allow Colorado utilities to maintain priority rights to their grid interconnections for resources needed to meet their loads.
By Ethan Howland • March 5, 2024 -
Thossaphol via Getty Images
EPA pulls existing gas plants from proposed power plant carbon reduction rules
The agency plans to soon start a stakeholder process to develop greenhouse gas reduction standards for existing gas-fired power plants.
By Ethan Howland • March 4, 2024 -
Ron and Patty Thomas via Getty Images
FERC rejects $1.1B Bridgepoint-Energy Capital Partners private equity deal on competition concerns
London-based Bridgepoint said Monday it expects ECP will soon refile an application at FERC, with a closing on the deal expected in the second quarter.
By Ethan Howland • March 4, 2024 -
"One Nevada transmission line" by Reliathon is licensed under CC BY-SA 4.0
Nevada regulators set to approve NV Energy’s $2B IRP amendment, including new gas resources
Critics say the utility has used the integrated resource plan amendment process to advance projects with insufficient scrutiny.
By Robert Walton • March 1, 2024 -
jitendrajadhav via Getty Images
Deep Dive2024 PJM Outlook: Tough choices loom on capacity market, plant retirements, transmission planning
Ensuring that enough new generation comes online to replace retiring power plants is a key issue that threads through PJM’s expected focus this year, stakeholders and observers said.
By Ethan Howland • Feb. 29, 2024 -
milehightraveler via Getty Images
SPP proposes renewable, thermal resource accreditation reforms aimed at bolstering reliability
The Southwest Power Pool’s current accreditation for wind, solar and storage fails to account for their reliability value decreasing as more are added to the grid, according to the grid operator.
By Ethan Howland • Feb. 27, 2024 -
Karl Weatherly via Getty Images
Deep DiveCongressional action on energy permitting remains stuck, but states, developers are finding solutions
States are resolving local objections to projects through community engagement while transmission developers are making innovative use of existing rights-of-way to bypass permitting logjams.
By Herman K. Trabish • Feb. 27, 2024 -
Permission granted by ISO New England
New England capacity prices rise almost 40% in most recent auction
Clean energy resources made up 40% of the total capacity commitments, according to ISO New England, and no coal plant met the auction clearing price.
By Robert Walton • Feb. 23, 2024 -
wolv via Getty Images
PJM, 3 other RTOs propose steps to improve gas-electric sector coordination, boost reliability
Market enhancements, operational improvements and regulatory reforms are needed to improve gas-electric coordination, according to grid operators serving much of the U.S.
By Robert Walton • Feb. 22, 2024 -
rabbit75_ist/iStock/Getty Images Plus via Getty Images
5 takeaways from the investor-owned utility sector’s day on Wall Street
Utilities will likely issue equity this year to fund the energy transition’s record capital spending, Edison Electric Institute officials said.
By Robert Walton • Feb. 21, 2024 -
The image by Cards84664 is licensed under CC BY-SA 4.0
With FERC approval in hand, Vistra poised to close on $6.3B Energy Harbor buy
Energy Harbor’s assets will be added to Vistra Vision, which will have 6.4 GW of nuclear generation, 5 million retail customers, and 2.4 GW of renewable energy and energy storage projects.
By Ethan Howland • Feb. 20, 2024 -
Retrieved from Centrus Energy Corp..
Domestic uranium enrichment gets $2.7B boost from US Senate
The Emergency National Security Supplemental Appropriations Act of 2024 funds conventional and advanced U.S. uranium enrichment capabilities, but the bill faces an uncertain future in the U.S. House of Representatives.
By Brian Martucci • Feb. 16, 2024 -
Courtesy of Salt River Project
Salt River Project seeks 2.5 GW clean power, 1.2 GW peak capacity amid rapid Phoenix-area growth
The utility expects to add more than 2 GW of solar and 1 GW of battery storage by the mid 2020s, and by 2032 it plans to retire more than 1.3 GW of capacity at four coal plants.
By Robert Walton • Feb. 15, 2024 -
Courtesy of LineVision
GETs could facilitate 6.6 GW of clean energy in five PJM states, saving $1B a year: RMI
Grid-enhancing technologies can be used to increase the capacity of the existing transmission system, providing a quick, low-cost pathway for bringing new generation online, RMI said in a report Thursday.
By Ethan Howland • Feb. 15, 2024 -
Retrieved from House of Representatives.
State officials blame federal regulation for higher energy prices: ‘Customers are getting hurt.’
Proposed federal limits on fossil fuel power plants will further raise costs and weaken reliability, three state energy officials told a U.S. House subcommittee on Wednesday.
By Robert Walton • Feb. 15, 2024 -
Permission granted by ISO New England
ISO New England proposes capacity market changes, further 2-year delay for upcoming auction
Moving to a “prompt/seasonal” model of procuring energy resource commitments would better reflect changing demand and available supply, the New England grid operator said.
By Robert Walton • Feb. 13, 2024 -
istockphoto.com/Jacob Wackerhausen
Sponsored by Questline DigitalMunicipal utilities boost engagement with hyper-local tactics
For municipal utilities, a strong connection to the community is fostering greater customer engagement. From local collaborations to community events, see how smaller utilities are taking a hyper-local approach.
Feb. 12, 2024
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