Transmission Rates
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Advanced transmission technologies can help utilities meet the rising levels of demand that are stressing the grid, according to a report from the Massachusetts Institute of Technology’s Center for Energy and Environmental Policy Research.
Otter Tail Power Co.
MISO and its transmission owners defended their practice of allowing TOs to self-fund network upgrades necessary to bring generation online before developers get the chance to finance them.
KFYR TV
FERC dismissed separate complaints from MISO and Montana-Dakota Utilities Co. over a MISO-SPP flowgate chronically stressed by a North Dakota cryptocurrency mining operation.
Basin Electric Power Cooperative
FERC rejected without prejudice Basin Electric’s proposed cryptocurrency and large load rate schedules, saying it had not demonstrated that such loads pose a greater stranded asset risk.
ISO-NE
New England transmission owners have presented a $185 per kW-year regional network service rate for 2025, an increase over the $154 per kW-year rate in 2024.
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SPP directors and regulators have approved the grid operator’s first winter planning reserve margin, endorsing a base PRM that is 3 percentage points higher than many of its utilities wanted.
Casey Monaghan, CC-BY-SA-2.0, via Wikimedia Commons
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.
Dominion Energy
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.
Senate Energy and Natural Resources Committee
The Senate Energy and Natural Resources Committee voted 15-4 to advance the Energy Permitting Reform Act of 2024 to the floor.
ACEG
ACEG found the U.S. electricity industry added just 55 miles of new high-voltage transmission to the grid last year, despite estimates the system will need to expand rapidly in the near future.
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