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The agreement announced March 18 is valued at $5 billion before closing adjustments, or approximately $1,142/kW of capacity.
The Department of Energy argued its use of Section 202(c) of the Federal Power Act to keep retiring power plants online is well within its authority in response to an ongoing emergency on the grid.
New Jersey legislators backed a bill that would require operators of AI data centers and crypto mining facilities to run them with clean energy and submit an energy use plan to the state.
Public interest organizations have taken their challenge of the Department of Energy’s emergency orders keeping two Indiana coal plants operating past their planned retirement dates to the D.C. Circuit Court of Appeals.
Participants in CAISO’s Extended Day-Ahead Market likely would remain subject to the market’s daily resource sufficiency evaluation even if they joined a new resource adequacy program that’s being crafted.
NERC CEO Jim Robb said in congressional testimony that while the bulk power system made it through the late January winter storm reliably, the weather highlighted how at risk it is.
The Department of Energy extended an order that will continue to keep Washington’s last remaining coal-fired plant open past its long-scheduled retirement at the end of 2025.
CAISO is proposing new methods to address “poor quality data” from some variable energy resources in the region in order to improve grid forecasting, the ISO said in a straw proposal.
The Trump administration announced energy, technology and resource deals worth $56 billion coming out of an Asia-Pacific energy security summit.
The PJM Market Implementation Committee endorsed an RTO proposal to establish penalties for load management and price-responsive demand resources that underperform during pre-emergency deployments.
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