September 28, 2024

Public Policy

RMI
RMI Report Urges States to Adopt Performance-based Regulation

Performance-based regulation is a way to align utility incentives with the interests of customers and society, according to a new RMI report.

Xcel Energy
Xcel Energy Beefs up Wildfire Mitigation Plans
Xcel Energy says it relies on industry best practices and its own experience in beefing up wildfire mitigation plans.
Casey Monaghan, CC-BY-SA-2.0, via Wikimedia Commons
PPL Backs Utility-owned Generation in Pa. After PJM Capacity Price Spike
PPL reported GAAP earnings of $190 million for the second quarter and executives focused on changing market dynamics in PJM during a teleconference with analysts. 
Entergy
Entergy Touts Louisiana Settlements, Beryl Response in Q2 Earnings
Entergy promoted its Hurricane Beryl response alongside a pair of pending settlements with Louisiana regulators over rates and the Grand Gulf Nuclear Station during a second quarter earnings call.
Dominion Energy
Dominion Highlights Demand Growth, OSW Progress
Dominion earned $572 million in the second quarter of 2024 and logged six new peak demand records in July on the back of Virginia’s continued electricity consumption growth.
Bechtel
WEC Energy Group Concentrates on Natural Gas, Solar to Meet Data Center Growth
WEC Energy Group’s second-quarter earnings call zeroed in on the new natural gas and solar generation the company plans to bolster Wisconsin’s economic resurgence.
Sandia National Laboratories
FERC Approves CAISO Request to Lift Soft Offer Cap for Hydro, Storage
FERC accepted CAISO’s proposal to allow for storage resources to bid above the ISO’s $1,000/MWh soft offer cap in the real-time market to account for their intraday opportunity costs.
© RTO Insider LLC 
Maryland PSC Approves Grid Upgrades for New Data Center
Maryland has been promoting itself as a nearby, attractive alternative to Northern Virginia, and data center developers are starting to take a closer look.
Senate Energy and Natural Resources Committee
Manchin-Barrasso Permitting Bill Easily Clears Committee
The Senate Energy and Natural Resources Committee voted 15-4 to advance the Energy Permitting Reform Act of 2024 to the floor. 
Shutterstock
PSEG Planning for EV, Data Center Growth
New Jersey last year put an additional 62,426 new EVs on the road, a 68% increase over 2022, which has prompted some advocates to suggest the state is in reach of its goal of having 330,000 EVs in the state by 2025.

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