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Prospects of load growth driven by electrification and artificial intelligence have buoyed utility stocks in recent months, but attendees at Yes Energy’s annual summit questioned how much of the load will materialize and warned of the potential for stranded assets.
Uncertainty around federal funding, permitting approvals and tariffs is creating major challenges for clean energy development in the Northeast, industry representatives said at NECA’s annual Renewable Energy Conference.
MISO hopes to become the next RTO with a limited express lane in its interconnection queue to help get badly needed generation online faster.
Minnesota regulators voted unanimously to require that Amazon demonstrate a need for a 250-unit fleet of backup diesel generators at its proposed data center in the state.
Facing a 40% hike in electricity demand by 2030, New Jersey needs to rapidly craft a plan on how to boost generation and develop its transmission and distribution system, speakers at a conference on the state’s energy future said.
The PJM Planning Committee endorsed by acclamation revisions to Manual 14H to conform with changes to the RTO’s surplus interconnection service process FERC approved in February.
FERC has given the Palisades Nuclear Plant special permission to exceed MISO’s 36-month limit on generator suspensions as owner Holtec International works through the plant’s reopening.
A Brattle Group study found that New York could achieve 8.5 GW in “grid flexibility” measures by 2040, saving consumers more than $2 billion a year.
ERCOT’s Board of Directors has approved staff’s recommendation to pursue the use of 15 mobile generators as an alternative to extending the life of two aging gas units slated for retirement in South Texas.
Public Service Enterprise Group saw an “over-12-fold” increase in mature leads and inquiries from customers exploring “large load and data center projects” over the past year, CEO Ralph LaRossa said in the utility’s fourth-quarter earnings call.
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