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…
Court reverses ICC order on Grain Belt Express project Aug 8, 2024 An Appellate Court has reversed the Illinois Commerce Commission’s granting of a Certificate of Public Convenience and Necessity (CPCN) to a proposed high-voltage direct current transmission line across the state. Grain Belt Express (GBX) failed to prove the required criteria that it is…
Texas launches new investigation into Houston’s power utility following deadly outages after Beryl August 12, 2024 Texas’ attorney general launched an investigation Monday into Houston’s electric utility over allegations of fraud and waste following Hurricane Beryl, adding to the mounting scrutiny after widespread power outages left millions without electricity for days. The latest investigation of…
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…
Hawaiian Electric says customers should not see rate increases due to wildfire settlement August 11, 2024 Customers of Hawaii’s largest electrical utility should not see bill increases due to the utility’s portion of a pending $4 billion Maui wildfire litigation settlement. Scott Seu, president and CEO of Hawaiian Electric’s parent company, said Friday the utility…
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…
Federal watchdog urges EPA to develop comprehensive cyber strategy to protect water systems Aug. 6, 2024 The Biden administration has prioritized the drinking and wastewater treatment industries as a number of high-profile hacking incidents have raised concerns about the ability to secure the nation’s drinking water and water treatment sectors. The White House and EPA…
US to invest $2.2 billion to overhaul national power grid August 5, 2024 The Biden administration said on Tuesday it is investing $2.2 billion to revamp the nation’s power grid to protect it against growing threats of extreme weather events. The U.S. government has been working to overhaul the country’s electric transmission system, which is…
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…
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