ISO New England on Monday asked federal regulators to approve a plan that aims to provide increased oversight of “asset condition” transmission projects, a class of projects that are chosen and built by transmission owners mainly to replace aging infrastructure. Under the proposal — unanimously approved by ISO-NE’s stakeholders — the grid operator would review...
The Federal Energy Regulatory Commission on Friday approved a cost allocation framework for transmission projects sought by the Midcontinent Independent System Operator but built in the PJM Interconnection’s footprint. Under the approved framework, Exelon’s Commonwealth Edison is set to build one group of projects totaling about $904 million and Duke Ohio is slated to build...
A June geothermal lease sale held in New Mexico by the Bureau of Land Management netted more than $16.5 million, making it the second-highest-grossing sale in BLM history, while the top bid set a federal record of $701 per acre. Forty-seven parcels sold at an average of $107 per acre, more than triple the $32...
Dominion Energy will need to change its transmission cost allocation policy to directly assign the cost of certain transmission infrastructure to the new large-load facilities — such as data centers — which made that infrastructure necessary, the Virginia State Corporation Commission said in an order filed July 31. The mandatory contribution in aid of construction,...
In April, incumbent utilities in MISO and SPP seized on grid strain from elevated electricty demand to make a remarkable ask. A coalition calling itself the Grid Acceleration Coalition — ITC, Ameren, American Transmission Company (ATC), Entergy, Evergy, Xcel and others — asked the Federal Energy Regulatory Commission to suspend competitive bidding for transmission projects...
The company booked orders for 15 GW from its gas services division this quarter, with sales up 62% from this time last year to €10 billion ($11.6 billion). It shipped 6 GW of turbines during the third quarter, bringing its total gas services backlog to 69 GW, according to an earnings presentation. Read more in...
I run a company trying to make American electricity cheaper and more reliable. The single biggest operational constraint is not the technology, the financing, or the physics of the grid. It is the thousands of city building departments that each have a different way of saying yes — and many more ways of saying no....
American Electric Power secured 3 GW of gas turbine capacity in the second quarter, bringing its total turbine supply that can be deployed by 2031 to about 13 GW, Bill Fehrman, AEP chairman, president and CEO, said Thursday during a quarterly earnings conference call. AEP has also secured options for an additional 10 GW of...
The U.S. Department of Energy on Thursday said it issued a notice of proposed rulemaking to “permanently end home appliance and equipment mandates,” continuing President Trump’s campaign against limits on how much energy is used by light bulbs, washing machines, furnaces and a host of other devices. DOE’s Appliance and Equipment Standards Program is mandated...
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