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SPP
FERC approved price formation reforms for SPP and set questions around resource accreditation for additional proceedings in a pair of orders issued at its regular monthly meeting.
DTE
The U.S. Department of Energy has made conditional loan commitments totaling $22.9 billion to utilities for transmission, pipeline and clean power investments.
Senate Energy and Natural Resources Committee
Chris Wright, President-elect Donald Trump’s nominee to head the Department of Energy, positioned himself as a supporter of an all-of-the-above approach to developing generation and transmission before the Senate Energy and Natural Resources Committee.
Commonwealth of Pennsylvania
Pennsylvania Gov. Josh Shapiro urged PJM Chair Mark Takahashi to “intervene with” RTO leadership to revise the design of the capacity market before conducting the 2026/27 BRA to avoid an “unacceptable” increase in capacity market prices.
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BPA is not planning to acquire any major energy resources but is taking steps to ensure it’s ready in case those predictions should change, staff said during a presentation of the agency’s 2024 Resource Program.
ITC Midwest
The D.C. Circuit Court of Appeals has dismissed transmission customers’ argument against ITC Midwest receiving an abandonment rate incentive for an Iowa line segment included MISO long-range transmission planning.
California Natural Resources Agency
The California Energy Commission will hold a workshop to discuss the West-Wide Governance Pathways Initiative, signaling the state may consider a proposal to alter CAISO’s governance structure to accommodate broader concerns about the ISO’s lack of independence from politics.
Switch
With days left in his administration, President Joe Biden issued an executive order aimed at siting and permitting cutting-edge artificial intelligence data centers on federal land by 2027.
Shutterstock
Virginia legislators introduced a series of bills they hope to pass in a short session this year aimed at addressing demand growth from data centers through cost allocation of utility rates, increased transparency in planning and tying tax incentives to efficiency requirements.
ISO-NE
ISO-NE plans to decouple resource retirements from the capacity auction process and adopt a two-year notification timeline for retiring generators, the RTO told stakeholders at the NEPOOL Markets Committee.
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