By Mark Jaffe, EUCI energy writer The California Independent System Operator (CAISO) received the greenlight for a $6.7 billion plan to build 38 transmission projects over the next 10 years mainly to meet growing demands for electricity. The CAISO Board of Governors approved the plan May 19. CAISO operates a wholesale electric market over 26,000…
By Mark Jaffe, EUCI energy writer Clean energy and transportation investments in the United States totaled $61 billion in the first quarter of 2026, a 9% year-over-year quarterly decline and a 3% drop from the last quarter of 2025, according to Rhodium Group. The decline in the fourth quarter of 2025 and the 2026 first…
By Mark Jaffe, EUCI energy writer The U.S. Department of Energy (DOE) on Feb. 25 issued its largest loan package ever – $26.5 billion – to help finance 16 gigawatts (GW) of generation and 1,300 miles of new transmission in Georgia and Alabama. Georgia Power, a subsidiary of Southern Company, received $22.4 billion, and Alabama…
By Mark Jaffe, EUCI energy writer Soaring U.S. data center power demand for firm generation is reviving the prospects of coal-fired, nuclear, and natural gas-fired plants and creating a pivot in policy for the utility sector, according to two analyses. “After years of emphasis on decarbonization, the strategic shift to firm legacy power generation sources…
By Mark Jaffe, EUCI energy writer Prices for guaranteed power in the PJM Interconnection – through a capacity auction – rose 22% from last year’s price to $329.17 a megawatt-day, the nation’s largest grid operator announced July 22. The jump would have been even sharper at $389 a megawatt-day, if the PJM had not agreed…
By Mark Jaffe, EUCI energy writer Declines in hydropower output, caused by low stream flows in the Pacific Northwest, are forcing the Bonneville Power Administration (BPA) to buy more wholesale power leading to a projected $44 million loss. The agency had set a target of $70 million in revenues – so the gap between the…
By Mark Jaffe, EUCI energy writer Global energy project financing – with a few areas of risk such as aging wind farms, data centers, and trade impacts for solar – will be largely stable in 2025, according to report from the investment research company Morningstar. The Morningstar analysis covers its portfolio of wind, solar, river…
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