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The Bonneville Power Administration announced it has triggered a $40 million surcharge to rebuild financial reserves depleted after three years of low water, saying the move could lead to an annual average effective rate increase of 2.2% for most power sales.
Gov. Wes Moore issued an executive order calling for reforms to boost electricity supply and ensure affordability, which will be implemented in part by the new executive director at the Maryland Energy Administration- Kelly Speakes-Backman.
The Michigan Public Service Commission approved a special contract that will allow DTE Energy to continue its plans to supply a hotly contested, $7 billion data center with nearly 1.4 GW.
The House passed the SPEED Act, which aims to cut the timelines and litigation around NEPA reviews, but Democrats urged their Senate colleagues to improve the bill in a chamber where their votes are needed for passage.
Consolidated Edison has been tasked with creating a contingency plan to avert the energy shortfall that it and NYISO have warned may develop in New York City.
MISO officials clarified the J.H. Campbell coal plant — kept online and in retirement limbo by the Department of Energy’s series of emergency orders — is not eligible for the RTO’s capacity market and is not receiving special treatment for dispatch.
Responding to opposition from suppliers, IESO said it will not include a termination option in its procurement for long lead-time resources.
FERC told PJM to change its rules to allow for co-located load at generators, with new transmission services and other tweaks.
The newest iteration of New York’s energy roadmap maintains a zero-emission grid as a target but acknowledges an uncertain path to that goal, and likely a longer reliance on fossil fuels.
ISO-NE presented the final stakeholder-requested sensitivities for its 2024 Economic Study, discussing the potential effects of adding 3.9 GW of hydropower to the Hydro-Québec system.
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