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Alpha Generation, owner and operator of the Gowanus and Narrows floating power plants in New York City, has proposed replacing the six peaking units with three lower-emitting ones in response to Consolidated Edison’s solicitation for solutions to the city’s reliability need.
The agreement announced March 18 is valued at $5 billion before closing adjustments, or approximately $1,142/kW of capacity.
The Department of Energy argued its use of Section 202(c) of the Federal Power Act to keep retiring power plants online is well within its authority in response to an ongoing emergency on the grid.
New Jersey legislators backed a bill that would require operators of AI data centers and crypto mining facilities to run them with clean energy and submit an energy use plan to the state.
Public interest organizations have taken their challenge of the Department of Energy’s emergency orders keeping two Indiana coal plants operating past their planned retirement dates to the D.C. Circuit Court of Appeals.
NERC CEO Jim Robb said in congressional testimony that while the bulk power system made it through the late January winter storm reliably, the weather highlighted how at risk it is.
The Department of Energy extended an order that will continue to keep Washington’s last remaining coal-fired plant open past its long-scheduled retirement at the end of 2025.
CAISO is proposing new methods to address “poor quality data” from some variable energy resources in the region in order to improve grid forecasting, the ISO said in a straw proposal.
The Trump administration announced energy, technology and resource deals worth $56 billion coming out of an Asia-Pacific energy security summit.
Constellation deferred on asking the Market Implementation Committee to vote on a quick-fix proposal to account for any downtime dual-fuel gas generators may require when switching fuels.
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