FERC rejects Basin Electric’s bid for special cryptocurrency mine and large load rates Energize Weekly, August 28, 2024 The Basin Electric Power Cooperative’s plan for special rates for cryptocurrency mines and other large loads was rejected by the Federal Energy Regulatory Commission (FERC), which said the co-op had not proved they were needed. “We find…
North Omaha coal plant transitioning to natural gas by 2026 Aug 20, 2024 The north Omaha coal plant is moving away from using coal. The president and CEO of the Omaha Public Power District said during a committee meeting Monday that the plant will be transitioning to natural gas in 2026. “We’re getting them to…
Data centers driving Oklo’s nuclear project pipeline 8.15.2024 Advanced nuclear company Oklo now has non-binding letters of intent for about 1,350 MW of microreactor capacity, a 93% increase from its 700 MW project pipeline in July 2023, the company told investors in its Q2 earnings call this week. Of the 650 MW announced during the…
Market problems, poor planning causing price hikes in nation’s largest electric market, critics say August 20, 2024 After years of climbing electric prices nationwide, customers in the United States’ largest power market are about to get squeezed harder. Last month, PJM, which coordinates the flow of electricity for an area that includes all or parts…
Renewable energy projects are facing increased delays, cancellations, and big losses Energize Weekly, August 21, 2024 Wind and solar projects across the U.S. are facing increased local and state opposition, leading to delays, cancellations, and millions of dollars in lost investments, according to university and national laboratory analyses. A Lawrence Berkeley National Laboratory survey found…
AES plans $1.1B investment to convert Petersburg units from coal to gas August 13, 2024 AES Indiana, Pike County government officials and community leaders Thursday celebrated the announcement of approximately $1.1 billion in investments over the next two years to convert Petersburg Generating Station Units 3 and 4 from coal to natural gas, pending approval…
Controversy growing as Three Mile Island revival talks gain traction Aug 12, 2024 Discussions of possibly reopening the Three Mile Island nuclear generators are ramping up, with some government power players showing their excitement, while others their nervousness. It has been 45 years since Three Mile Island became ground zero of the worst nuclear disaster…
US utilities poised to ride data center demand wave in second half August 13, 2024 U.S. electric utilities sounded bullish on demand from data centers powering the artificial intelligence boom after striking several supply deals during the second quarter, reinforcing market expectations of sales growth through the year. Top utilities, including American Electric Power and…
Browns Ferry Nuclear Plant turns 50 with plans to continue operations August 6, 2024 Browns Ferry Nuclear Plant in Athens, Ala., the Tennessee Valley Authority’s largest electricity generating asset, is celebrating 50 years of service this month. The United States’ third largest nuclear power producer had the first units in the world capable of producing…
US coal stockpiles hit highest levels since 2020 8.5.2024 Coal stockpiles at U.S. electric power plants totaled 138 million short tons at the end of May, the most since the first half of 2020 when the effects of the COVID-19 pandemic reduced electricity demand and coal consumption, according to analysis from the U.S. Energy Information…
SRP Sets New Record for Amount of Energy Delivered to Customers August 6, 2024 Arizona public power utility Salt River Project recently set a new record for the amount of energy delivered to its retail customers. On Sunday, Aug. 4, between 5 and 6 p.m., SRP delivered its highest system peak of 8,219 megawatts. This…
NextEra considers restarting Iowa nuclear plant amid rising demand for carbon-free energy Jul 24 2024 NextEra Energy is considering restarting a nuclear plant in Iowa as demand for carbon-free energy grows amid a historic surge in electricity consumption. The Duane Arnold Energy Center in Palo, Iowa ceased operations in 2020 after 45 years of service.…
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