Pennsylvania
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.
Legislators in five states in PJM have filed similar bills that would require regulated utilities to submit all of their stakeholder votes publicly with state regulators.
Ohio and Pennsylvania lawmakers met in Columbus for a hearing on the future reliability of the PJM grid, quizzing RTO and industry insiders on the role states can have in maintaining resource adequacy.
FERC Commissioner Mark Christie used orders on two transmission projects to blast the commission’s “ridiculously generous” incentives.
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