November 6, 2024

Generation & Fuels

D.C. Circuit Court of Appeals
DC Circuit Upholds NYISO 17-year Amortization Rule
The D.C. Circuit Court of Appeals has upheld FERC’s approval of a key NYISO capacity market price determinant that the state utility regulator says could raise costs by hundreds of millions of dollars per year. 
TerraPower
Bill Gates’ TerraPower Breaks Ground on Advanced Nuclear Plant
TerraPower broke ground on its Natrium reactor demonstration project in Wyoming, making it the first advanced reactor to enter construction.
Shutterstock
DTE to Replace Historic Coal Plant with Batteries
With a capacity of 220 MW and 880 MWh, the Trenton Channel Energy Center is expected to be the largest standalone battery storage site in the Great Lakes region when completed in 2026. 
Shutterstock
Can US Automakers Hit 65.1 mpg by 2031?
The new standard sets regular 2% increases in fuel efficiency for passenger cars ― sedans and SUVs ― per year between the 2027 and 2031 model years, rising from 60 mpg to 65.1 mpg.
© RTO Insider LLC
FERC Chair: States not Benefiting from Grid Projects Won’t Pay — Period
Speaking at the Exelon Innovation Expo, Phillips stressed FERC Order 1920's innovative approach to long-term planning for regional transmission, with a focus on reliability, affordability and sustainability. 
BOEM
BOEM Clears Way for Central Atlantic Wind Lease Auction
BOEM has determined its planned lease of Central Atlantic wind energy areas would have no significant environmental impact.
Shutterstock
NJ Master Plan Speakers Seek Sweeping Electrification Plan
Clean energy supporters argue the next New Jersey energy master plan should be an aggressive and broad embrace of electrification and generate enough money to help pay for clean energy projects and protect ratepayers.
Vineyard Wind
Offshore Wind Projected to Save New Englanders $630M per Year
A new analysis prepared for the Sierra Club concludes offshore wind energy would be a money-saver for New Englanders, despite the high cost of construction. 
Ørtsted/Edison Chouest Offshore
Empire, Sunrise Wind Back Under Contract in NY
Two offshore wind projects have rebounded from the financial turmoil of 2023, finalizing replacement contracts with New York for 1,734 MW of capacity.
Georgia Power
NIA: Cost, Risk Sharing Needed to Grow Advanced Nuclear Pipeline
The first new reactors built in the U.S. since 2016, Vogtle’s two units have come online seven years late and $17 billion over budget, leaving subsequent projects surrounded by perceptions of risk.

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