Hydropower
After years of looking for a buyer, Consumers Energy announced it struck a $13 deal to sell its fleet of 13 hydroelectric dams in Michigan to a Bethesda, Md., private equity firm.
The Bonneville Power Administration estimates it would take up to seven years and billions of dollars in upgrades for the agency to handle the 65 GW of transmission service requests in the queue.
Peak electricity demand in the 48 contiguous states set records twice in the last of week of July, reaching 758,053 and 759,180 MW over one-hour periods July 28 and 29.
Customers of the Bonneville Power Administration will see power rates increase by about 8-9% over the next three years while transmission rates will jump by an average of nearly 20%, the agency said.
Georgia Power will add at least 6 GW of new generation capacity by 2031, and potentially as much as 8.5 GW, under its recently approved integrated resource plan.
The impending addition of new export commitments could pose a challenge for Hydro-Québec over the next few years if drought conditions persist.
Ontario is putting its chips on nuclear power and natural gas to meet its growing energy demand while directing IESO to incorporate gas distributors and the province’s economic development goals in its system planning.
New Jersey legislators have pushed ahead with a series of energy proposals, among them plans to harness wave, nuclear and storage.
Increased weather volatility isn’t just grabbing headlines; it's reshaping how we generate and trade electricity, writes Upstream Tech CEO Marshall Moutenot.
President Trump issued a memo directing the federal government to withdraw from a deal with four tribes and two states that considered the future operation of four dams on the Lower Snake River and eventually could have led to their breach.
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