The Latest
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Adding 8.5 GW of energy storage could save Illinois ratepayers $3B: study
However, the state may need up to 15 GW of storage to maintain grid reliability, according to the report backed by clean energy groups.
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Sponsored by Burns & McDonnell
Private LTE: The communications powerhouse behind the energy revolution
The digitalization of industry requires advanced communications solutions that use LTE, which provides optimal operational control and security.
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IRA’s labor standard requirements could create 3.9M ‘high-quality’ jobs: report
The prevailing wage and registered apprenticeship requirements could also "boost pay and job quality for clean energy workers across America,” the Climate Jobs National Resource Center says.
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EIA expects 62.8 GW to come online in 2024, led by solar, energy storage
Also, the pace of power plant retirements slowed in the first half this year to 5.1 GW, down from 9.2 GW in the same period last year, the Energy Information Administration said Monday.
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CenterPoint cannot cancel $800M lease for large mobile generators unused during Beryl
The utility should weigh its options, including subleasing the generators and renegotiating contracts, members of the Public Utility Commission of Texas said Thursday.
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BOEM awards offshore wind leases to Equinor, Dominion
Together, the two central Atlantic leases offer up to 6 GW in capacity, with the companies paying close to $93 million in total.
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Opinion
Surging data center power demand risks subtracting clean energy from the grid
Regulators and policymakers must react effectively to big tech’s acquisition of renewable resources by driving investments in new dispatchable energy and capacity.
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Maryland electric customers face up to 24% bill hikes from PJM capacity auction: report
Reliability-must-run contracts for two Talen Energy power plants added about $5 billion to PJM’s capacity costs in its last auction, Synapse Energy Economics found.
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SunPower’s bankruptcy does not imply similar fates for its competitors, analyst says
Higher interest rates hit SunPower harder than competitors like Sunnova and Sunrun because it relied more on solar financing from loans versus third party options, said Raymond James analyst Graham Price.
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Oklo’s microreactor project pipeline jumps 93% ahead of 2027 planned deployment
Data centers account for 600 MW of Oklo’s roughly 1,350 MW in business currently under negotiation with customers, CEO Jacob DeWitte said on the company’s Q2 2024 earnings call.
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Opinion
To get more transmission, we need a bottom-up approach
A bottom-up process to build support for transmission development can deliver more line miles faster at lower cost with broad popular support.
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FirstEnergy to pay $19.5M to settle Ohio’s HB 6 bribery investigations
The utility company also has a pending settlement with the Securities and Exchange Commission related to the scandal.
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Budderfly acquires tech for distributed energy resource management
The company says Sunverge Energy’s system allows it to create virtual power plants that can help improve customer site resiliency and add load flexibility to the grid.
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Texas AG investigates CenterPoint storm response, possible ‘fraud, waste’
Hurricane Beryl left 2.3 million CenterPoint customers without power in July, spurring questions about the utility’s storm preparedness and restoration efforts.
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Opinion
Why wait? VPPs can help PJM now
Even though PJM’s capacity prices hit record highs for 2025-26, they could go even higher or remain elevated unless the grid operator’s generation capacity can catch up with its surging demand.
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Further innovation required to achieve $0.05/kWh target for long-duration storage: DOE
The Department of Energy released its cost analysis for 11 technologies one day before announcing several funding and innovation opportunities for long-duration storage developers.
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Vineyard Wind, GE Vernova cut damaged turbine blade to prevent more ocean debris
The Bureau of Safety and Environmental Enforcement has also revised the project’s suspension order, allowing Vineyard Wind to install new towers and nacelles.
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Ørsted, Mission Clean Energy to build 1 GW of grid storage in MISO territory
Each of the four projects being installed in the Midcontinent Independent System Operator’s Central and Northern regions will have 800 MWh to 1,200 MWh of capacity.
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New York ISO reforms interconnection queue, launches cluster study reviews
The changes, which comply with FERC Order 2023, “deliver greater efficiencies and transparency in our interconnection process,” New York ISO President and CEO Rich Dewey said.
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Opinion
Reconciling two competing goals: residential electrification and grid stability
By focusing on distributed resources, utilities will avoid overloading individual distribution feeder circuits and expensive upgrades that greater electrification might otherwise require.
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Waste-to-RNG projects closed out first half of 2024 largely on target
Executives from WM, BP and Republic Services reported project progress during recent earnings calls. Many had a positive tone despite uncertainty from interconnection delays and recent Supreme Court rulings.
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AI, manufacturing spur SMR interest, but project complexity weighs on deals: NuScale
CEO John Hopkins expressed optimism over a bipartisan nuclear support law and a new DOE solicitation on SMRs amid efforts to close deals with U.S. data center operators.
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Algonquin Power sells renewable energy business for $2.5B
The agreement marks the first move of a three-part plan to become a pure-play regulated utility, CEO Chris Huskilson said.
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Blackstone acquires majority stake of renewables engineering firm
While the terms of the deal with Westwood Professional Services were not disclosed, a Blackstone executive said its energy transition business has committed $1.3 billion in investments since June.
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CrowdStrike snafu was a ‘dress rehearsal’ for critical infrastructure disruptions, CISA director says
Despite the disruption, Jen Easterly said the outage was a "useful exercise" to determine the resiliency of critical infrastructure organizations.
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GSA updates federal building standards in clean energy push
The latest P100 update, which applies to 300,000 federal buildings, mandates clean energy use in facilities and sets new benchmarks for efficiency.