New Jersey Gov. Mikie Sherrill signed two sweeping executive orders that sought to control the state’s aggressively rising electricity rates through ratepayer credits and generation expansion.
FERC addressed the ongoing resource adequacy challenges at PJM during its regular meeting, calling for the RTO to get reforms in front of it so they can be approved.
U.S. Energy Secretary Chris Wright said the department is ready to use its authority under Section 202(c) of the Federal Power Act to dispatch backup generation from large customers if needed ahead of a major winter storm.
With a major winter storm bearing down on Texas, officials have assured the state that the ERCOT grid is in much better shape to take on freezing conditions than it was five years ago during Winter Storm Uri.
The four aging reactors and their 3.36 GW of output are considered an indispensable part of New York’s power portfolio and decarbonization strategy.
Stakeholders told MISO that it might have anticipated an impending cost increase for a long-range transmission project in the works in Minnesota that jumped about 43% in price to nearly $1.4 billion.
Stakeholders have several lingering questions as MISO continues to draw up a “zero-injection” avenue for large loads with planned on-site generation.
The California PUC wants CAISO to come up with a way to pause settlements of certain congestion revenue allocations in the ISO’s upcoming Extended Day-Ahead Market if participants begin to game the market through extensive self-scheduling.
FERC partially granted a complaint by the New England Power Generators Association about the design of ISO-NE's Pay-for-Performance mechanism.
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