U.S. grid facing blackout risks this summer and next winter, reliability agency warns Energize Weekly, May 24, 2023 U.S. power grids are facing a risky summer and an even riskier winter, according to analyses by the North American Electric Reliability Corp. (NERC), the agency that oversees grid reliability and security. While most of the U.S.…
Three Wisconsin utilities apply for rate hikes in 2024, citing renewable energy construction costs May 15, 2023 Three utilities have submitted proposals to the Public Service Commission of Wisconsin to increase rates in 2024, and consumer advocates worry about how rate hikes could affect customers. Those utilities are Alliant Energy, Xcel Energy and Madison Gas…
Winter rains lift California hydropower outlook, easing regional demand for natural gas Energize Weekly, May 17, 2023 Heavy rains have filled California reservoirs and boosted the prospect for hydropower – welcomed news to the rest of the West, which saw natural gas prices soar last winter as California utilities scrambled to fill a hydropower gap.…
Duke Energy’s Impact Report details progress toward ESG, business goals May 01, 2023 Duke Energy released a report that outlines its approach to sustainability and its progress on strategic business priorities and goals. Among the key points in Duke’s Impact Report, the company said its planned investment of $145 billion over the next 10 years…
California Republicans blast fixed-rate power bill proposal as ‘crazy’ Apr 24, 2023 California Republicans are asking state regulators to reject a proposal by California’s three largest power companies to create a fixed rate for services based on household income. “The ‘fixed-charge’ proposal is nothing but a shameful attempt to exploit and rip off residential customers,’”…
Surge in clean generation and storage projects creating a backlog on U.S. electric grids Energize Weekly, April 26, 2023 A surge in clean energy projects – a 40 percent year-over-year increase in 2022 – is creating a traffic jam in getting onto the U.S. electric grid, according to a Lawrence Berkeley National Laboratory study. There…
PNM joins WPP’s reliability planning and compliance program in western US 10 Apr 2023 The Public Service Company of New Mexico has joined the first region-wide reliability planning and compliance program in the Western US, known as the Western Resources Adequacy Program. Seattle City Light and Snohomish County Public Utility District also sent formal participation…
Southwest Power Pool takes a first step in creating a western wholesale electricity market Energize Weekly, April 12, 2023 A group of 26 utilities and organizations representing power producers – ranging from the Rockies to the Southwest to the Pacific Northwest – agreed to join the initial phase of the Southwest Power Pool’s (SPP) attempt…
Electric prices for Connecticut residents likely to drop dramatically during the second half of 2023 April 3, 2023 After three months of paying dramatically higher electric rates, there may be some relief coming this summer for a majority of Connecticut electric customers. The state’s two largest electric distribution companies, Eversource Energy and The United Illuminating…
US Power Plant Firm Goes Bankrupt After Winter Storm Penalties March 31, 2023 Lincoln Power LLC, the owner of two Illinois power plants, filed for bankruptcy after its financial strain was exacerbated by nearly $39 million in penalties levied by the biggest US electric-grid operator. The Chapter 11 filing allows Lincoln, a unit of Carlyle…
Deep freeze and data concerns test Southeast power market 03/28/2023 When several large electric utilities launched a first-of-its-kind energy trading platform in the Southeast last fall, the pitch was simple: Lower energy bills and deliver more solar power to customers. Now, more than four months after the Southeast Energy Exchange Market began operating, some state…
Appalachian Power updates clean energy plan, requesting solar power purchase, purchase of Ohio wind facility March 20, 2023 In its annual update to its clean energy plan, Appalachian Power last week requested to purchase a 143 MW wind facility in Ohio and the ability to purchase 204 MW of solar energy output from seven other…
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