New NREL Report Highlights Pathways to Unlock Full Potential of Interregional Transmission June 14, 2024 Interregional transmission lines, which connect multiple planning regions, can offer numerous benefits to electric customers, such as increased grid reliability and reduced costs. However, current market and operating practices were not designed for such an interconnected system. “As we build…
Big energy projects moving fast, face $150 billion a year in cost overruns, Bain & Co. says Energize Weekly, June 19, 2024 The scale and speed of the energy transition risks project delays and setbacks leading to cost overruns of 15 percent to 20 percent, equal to $150 billion a year, according to research paper…
To Beat the Summer Heat and Support the Transition to Clean Energy, Con Edison Puts $2.3 Billion Plan In Action June 10, 2024 Con Edison is investing $2.3 billion in infrastructure projects across New York City and Westchester County to keep its service safe and reliable and support the clean energy transition. The annual expenditure…
City council rejects Power San Diego proposal Jun 10, 2024 The push by a voter initiative to assume control of the power responsibilities of San Diego Gas & Electric collected over 30,000 signatures. This compelled the city council to deliberate on whether San Diego voters would have the opportunity to terminate their SDG&E contract in…
Dominion Energy finishes burying 2,000 miles of power lines ahead of hurricane season Jun 03, 2024 Just ahead of the Atlantic hurricane season, Dominion Energy Virginia has finished burying 2,000 miles of previously-overhead power lines as part of its Strategic Underground Program. Launched in 2014 to reduce storm-related power outages and shorten restoration times, the…
Cybersecurity experts sound alarm over US power grid vulnerabilities June 2, 2024 The White House announced efforts last week to upgrade the country’s aging energy infrastructure in a move to reduce power outages and make improvements to the grid amid soaring demand, but threats from nefarious forces continue to pose a security risk, experts say.…
AI is poised to drive a doubling in data center electricity demand by 2030, studies say Energize Weekly, June 5, 2024 Data centers, spurred by increased artificial intelligence applications, could double their demand for electricity in the U.S. reaching 9.1 percent of the nation’s electricity load by 2030, according to analysis by the Electric Power…
California ISO Greenlights Transmission Plan for Offshore Wind Integration May 24, 2024 The California Independent System Operator (CAISO) has approved the 2023-2024 Transmission Plan that identifies and plans for key upgrades to California’s transmission system to deliver power from offshore wind turbines to the state’s homes and businesses. CAISO unveiled its draft 2023-2024 Transmission Plan…
FERC adopts sweeping transmission planning regulations with the aim of speeding projects Energize Weekly, May 22, 2024 The Federal Energy Regulatory Commission (FERC) adopted a sweeping new regulation, on May 13, aimed at spurring the planning and construction of new transmission lines to meet the growing needs of the nation’s overworked electric grid. The new…
AEP Ohio: Data center electricity demands to put central Ohio on same tier as Manhattan May 14, 2024 AEP Ohio is asking state regulators to sign off on a new plan to deal with the surge in data centers in central Ohio that is expected to eat up so much electricity in coming years that…
PJM predicts adequate resources to meet hotter, wetter summer demand May 06, 2024 Valley Forge, Pa.-based PJM Interconnection said Thursday it anticipates having enough resources to meet electricity demand for what weather forecasters say will be a hotter and wetter summer. In a release, the operator of the nation’s largest electrical grid said despite generator…
AI could drive a natural gas boom as power companies face surging electricity demand MAY 5 2024 Natural gas producers are planning for a significant spike in demand over the next decade, as artificial intelligence drives a surge in electricity consumption that renewables may struggle to meet alone. After a decade of flat power growth…
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