Generation: Page 24
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Lamar Johnson/Utility Dive
Banks endorse goal of tripling nuclear capacity as Climate Week NYC begins
Some 14 financial institutions, including Citigroup, Goldman Sachs and Morgan Stanley, announced their support for the declaration made by 25 countries at COP28 last year.
By Lamar Johnson • Sept. 25, 2024 -
Jeff J Mitchell via Getty Images
OpinionResults show carbon capture’s alleged promises are full of hot air
The happy-talk DOE press information says nothing about the difficulties associated with building a first-of-its kind technology and hooking it up to a large-scale electric generator.
By Dennis Wamsted • Sept. 25, 2024 -
The image by Peretzp is licensed under CC BY-SA 3.0
PJM market design flaws add billions to latest capacity auction costs: market monitor
A switch in how PJM measures power plant availability, one of several market issues flagged by Monitoring Analytics, increased capacity costs by $4.4 billion compared to its previous approach.
By Ethan Howland • Sept. 24, 2024 -
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The bipartisan ADVANCE Act is boosting US nuclear. What does the industry want next?
Nuclear executives and analysts reflect on the landmark law’s expected benefits while gaming out the next wave of policy support — and a future where it’s no longer necessary.
By Brian Martucci • Sept. 24, 2024 -
Permission granted by Holtec International
Palisades nuclear plant restart on track for October 2025 despite NRC petition: Holtec International
The Nuclear Regulatory Commission is requesting comments this month on a request from residents living near Palisades for a generic rulemaking process for nuclear reactor recommissioning.
By Brian Martucci • Sept. 23, 2024 -
Retrieved from Marque1313.
A fast-track PJM interconnection review could speed Three Mile Island restart: Constellation CFO
Pennsylvania Gov. Josh Shapiro, D, urged the PJM Interconnection on Friday to adopt expedited interconnection studies for shovel-ready projects.
By Ethan Howland • Sept. 23, 2024 -
PJM rejects call to include RMR plants in capacity auctions to lower prices
However, the grid operator said it plans to soon propose an expedited framework to fast-track certain generation interconnection projects.
By Ethan Howland • Sept. 23, 2024 -
stock.adobe.com/jiratip
Sponsored by EPRIIdentifying data gaps in climate information can help power companies prepare for system risks
Climate change is expected to affect every aspect of the power sector, from generation, transmission, and distribution to electricity demand, with both chronic and acute impacts.
Sept. 23, 2024 -
eff Fusco / Stringer via Getty Images
Constellation plans 2028 restart of Three Mile Island unit 1, spurred by Microsoft PPA
The tech giant will purchase energy from the 835-MW plant over 20 years to match power consumed by its data centers in the PJM Interconnection.
By Brian Martucci • Sept. 20, 2024 -
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OpinionPermitting reform’s false choice
Any benefits to green infrastructure that would be gained by undoing federal protections are likely to be more than offset by the proliferation of fossil fuels.
By David E. Adelman • Sept. 20, 2024 -
Courtesy of Tesla
PJM is blocking battery storage interconnection pathway: renewable energy group report
PJM could unlock “tens of thousands of megawatts” of additional capacity with certain rule changes consistent with FERC requirements, said Gabel Associates’ Michael Borgatti, who co-authored a report on the topic for ACORE.
By Ethan Howland • Updated Sept. 20, 2024 -
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Rising demand could drive US wholesale electricity prices 19% higher by 2028: ICF
Electricity demand is expected to rise in every region of the U.S., but “the largest increase by far” is projected in the mid-Atlantic region, where demand could grow 68% by 2050, ICF said.
By Robert Walton • Sept. 18, 2024 -
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NRC exemption for Hermes 2 test reactor shows nuclear licensing ‘progress’: NIA
NRC’s decision against a full environmental impact statement shows its progress on more efficiently and effectively licensing advanced nuclear technologies, Nuclear Innovation Alliance’s Patrick White said.
By Brian Martucci • Sept. 17, 2024 -
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US nuclear, coal power sites could host up to 269 GWe of new nuclear capacity: DOE
Up to 145 coal sites in 36 states and 41 nuclear sites in 31 states, including some recently retired plants, are potentially suitable for nuclear repowering, DOE said.
By Brian Martucci • Sept. 16, 2024 -
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OpinionDetractors take note: Tri-State is meeting its reliability, affordability and clean energy obligations
A recent report from the Colorado Energy Office shows Tri-State, unlike some other power suppliers in our region, has ample resources in the years ahead, the general manager of K.C. Electric Association writes.
By David Churchwell • Sept. 16, 2024 -
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Clean, dispatchable generation is key to meeting state emissions goals: New York governor
NYSERDA’s Future Energy Economy Summit, held earlier this month, will inform state renewable energy deployments and action on advanced, dispatchable generation, Gov. Kathy Hochul said.
By Brian Martucci • Sept. 13, 2024 -
OpinionPoliticized energy policies aren’t working, but a better system is possible
Pairing partisanship with extraordinary demands on our power grid from load growth and energy evolution is a recipe for catastrophic failure.
By Christina Hayes and Todd Snitchler • Sept. 13, 2024 -
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Middle River Power reverses plan to shut 540-MW plant amid record PJM capacity prices
The company withdrew plans to shutter its gas-fired Elgin power plant in Illinois after capacity prices jumped to $270/MW-day in PJM's part of the state.
By Ethan Howland • Sept. 12, 2024 -
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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.
By Judi Greenwald • Sept. 11, 2024 -
Permission granted by Intersect Power
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.
By Ethan Howland • Sept. 11, 2024 -
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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.
By Ethan Howland • Sept. 10, 2024 -
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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.
By Ethan Howland • Sept. 10, 2024 -
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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.
By Ethan Howland • Sept. 6, 2024 -
Courtesy of GE Vernova
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.
By Ethan Howland • Sept. 6, 2024 -
Permission granted by PJM Interconnection
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.
By Ethan Howland • Sept. 5, 2024
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