Generation: Page 28
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Deep Dive
A new era of price-based demand response emerges, but utilities and regulators need proof of its potential
New load flexibility from price-based demand response programs could be invaluable if reliability and cost-effectiveness is confirmed in real-world operating conditions, stakeholders agree.
By Herman K. Trabish • March 27, 2024 -
FERC affirms generator interconnection rule, but ‘it’s not a silver bullet,’ Christie says
Renewables and storage make up the majority of interconnection queue projects, but they are “not one-for-one replacements” for retiring dispatchable power plants, Commissioner Mark Christie warned.
By Robert Walton • March 22, 2024 -
Explore the Trendline➔
Nathan Howard/Getty Images via Getty Images
TrendlineElectricity Supply and Demand
After nearly two decades of flat demand, U.S. electricity consumption reached an all-time high in 2024 and is expected to continue rising. This trendline brings together the best of Utility Dive’s coverage of emerging trends in supply and demand and the decisions being made today that will impact the power system for years to come.
By Utility Dive staff -
Microsoft, Google, Nucor partner on initiative to spur emerging 24/7 clean power technologies
The Advanced Clean Electricity initiative aims for widespread commercial deployment of advanced nuclear, next-generation geothermal and long-duration storage by the early 2030s.
By Brian Martucci • March 21, 2024 -
Constellation Energy’s $900M green bond is first in US directed at nuclear power, company says
The bond could also be used for “clean hydrogen, energy storage systems, wind repowering and carbon-free energy solutions for Constellation’s commercial customers,” the company said.
By Brian Martucci • March 21, 2024 -
Retrieved from U.S. Department of Energy on March 19, 2024
DOE estimates US can nearly double energy derived from waste in new report
The report models several scenarios for bioenergy development, including a 10-year and 20-year projection.
By Jacob Wallace • March 20, 2024 -
New England could see resource adequacy troubles even with billions in investments: ISO-NE
Batteries make up 46% of ISO New England’s interconnection queue, but the grid operator said that as peak demand grows, they may “struggle to recharge during the winter months.”
By Robert Walton • March 19, 2024 -
Up to 58 GW faces retirement in PJM by 2030 without replacement capacity in sight: market monitor
Nearly 60% of the generation that could shutter is deemed “uneconomic,” but capacity prices and other factors could change, potentially easing the risk, the grid operator’s market monitor said.
By Ethan Howland • March 18, 2024 -
3rd Circuit backs NRG, Constellation Energy, others in rejecting FERC move on PJM capacity auction
FERC allowed PJM to adopt a new rule to address anomalous high capacity prices in its latest capacity auction, but the federal appeals court said the change was illegal retroactive ratemaking.
By Ethan Howland • March 14, 2024 -
US electricity prices outpace annual inflation
Analysts cited transmission costs and federal policies for the 3.6% increase the Bureau of Labor Statistics reported Tuesday.
By Robert Walton • March 13, 2024 -
Opinion
Nuclear 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 -
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 -
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 -
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 -
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 -
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 -
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 -
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 -
Deep Dive
2024 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 -
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 -
Deep Dive
Congressional 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 -
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