November 21, 2024

State & Regional

PJM
Consumer Advocates File Wide-ranging Complaint on PJM Capacity Market
Several state consumer advocates filed a complaint at FERC alleging PJM’s capacity market is failing to mitigate market power, overestimating future load and producing high clearing prices that generation owners cannot act on. 
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Texas Now Wants to be No. 1 in Nuclear Power
Texas officials have released a report that lays out a path for the state to become a “global nuclear energy hub.”  
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Mass. Energy Leaders Talk Barriers to Innovation at NECA Conference
Massachusetts lawmakers and industry members must double down on efforts to rapidly scale up new renewable technologies to meet the needs of the energy transition, speakers at the Northeast Energy and Commerce Association’s Energy Innovation Forum emphasized.
Avangrid
Avangrid Sues NextEra over ‘Scorched-earth Scheme’ to Stop NECEC
In an antitrust lawsuit filed in federal court, Avangrid accused NextEra Energy of conducting an “exclusionary and anticompetitive scheme” to stop a major transmission project connecting New England to Quebec.
Admin Monitor
Texas PUC Approves 1st System Resiliency Plan
Texas regulators approved the state’s first utility resiliency plan, a $3 billion proposal from Oncor to bulk up its distribution system over the next four years to better withstand and more quickly recover extreme weather and other events.
West-Wide Governance Pathways Initiative
Pathways Initiative Issues Final ‘Step 2’ Proposal
The Pathways Step 2 proposal offers a blueprint for divvying up functions between CAISO and the RO that backers envision will provide an independent framework for governing the ISO’s Western markets.
EDP Renewables
NJ BPU Updates Proposal for Storage Incentives
New Jersey’s Board of Public Utilities released an update to its proposed Storage Incentive Program that changes how the subsidies for utility-scale projects are determined as the state shoots for 2,000 MW of total capacity by 2030.
Duke Energy
Duke Reports on Hurricanes’ Impact, SMR Plans in Q3 Earnings
Duke Energy reported third-quarter earnings of $1.226 billion ($1.60/share), a dip of about 15% from the same period in 2023, as its utility territories were hit by three hurricanes.
Matt Weldon
AEP CEO: Transmission Provides Foundation for Growth
Newly minted American Electric Power CEO Bill Fehrman is promising to “embrace large load opportunities,” leverage its expertise in 765-kV transmission and deliver more positive regulatory outcomes.
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SPP State Commissioners Win Re-election Bids
South Dakota’s Kristie Fiegen and North Dakota’s Randy Christmann have been reelected to their respective states' regulatory commissions, ensuring their future involvement on SPP’s Regional State Committee.

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