Pennsylvania
The dispute between Exelon and Constellation Energy continued to play out in FERC, as the latter and others protested a series of filings from the former’s utilities seeking to implement new rules for co-locating data centers at power plants in their territories
Exelon on Sept. 30 filed a petition for a declaratory order from FERC on its dispute with Constellation Energy over the latter’s effort to co-locate major loads at two of its nuclear plants.
Constellation Energy plans to reopen Three Mile Island Unit 1 under a power purchase agreement with Microsoft to sell about 835 MW to serve the company’s data centers.
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.
Talen Energy’s deal to carve out capacity from its Susquehanna Nuclear Plant to serve a growing data center on its site drew protests at FERC from other parties who argued the deal and others like it could shift costs and threaten reliability.
Exelon prioritized improving "our regulatory outlook in Illinois," CEO Calvin Butler said, after the state's Commerce Commission rejected ComEd's integrated grid plan for failing to meet core provisions of the Climate and Equitable Jobs Act.
The U.S. Department of Energy finalized energy efficiency standards for distribution transformers to increase grid efficiency and save $824 million annually.
Pennsylvania Gov. Josh Shapiro announced a new state energy plan he says will ramp up renewable production and save ratepayers $252 million while generating $5.1 billion in clean energy investments.
An RMI study about grid-enhancing technologies on the PJM grid found they could save consumers hundreds of millions of dollars a year and speed renewable development.
PPL plans to invest $14.3 billion in capital spending from 2024 to 2027, which would strengthen reliability and resiliency while enabling more clean energy and keeping a lid on costs for customers.
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