November 2, 2024

Company News

Exelon
Exelon Reports 80% Increase in Data Center Forecasts in Q3 Earnings
Exelon CEO Calvin Butler told investors the utility's data center forecast has increased about 80% during an earnings call.
Ascenty
Xcel Welcomes Load Growth from Data Centers
Xcel Energy is welcoming the coming wave of data centers despite the increased demand they will place on the grid, saying it will accelerate transmission and generation build.
WAPA
WAPA Sierra Nevada Region to Advance with EDAM
The Western Area Power Administration said its Sierra Nevada region will pursue “final negotiations” to join CAISO’s Extended Day-Ahead Market, notching another — if expected — victory for the ISO in its competition with SPP’s Markets+.  
CAISO
NV Energy Explains EDAM Choice
NV Energy’s decision to join CAISO's Extended Day-Ahead Market rather than SPP's Markets+ was based partly on concerns that participation in the latter would “lead to substantial expenditures with limited results,” a representative of the Nevada utility said.
© RTO Insider LLC 
Exploring Alternatives to Hyperscale at the USEA Energy Tech Forum
Finding the sites and hundreds of megawatts of power data centers is “rather limited,” so said talks at the U.S. Energy Association’s Energy Tech Connect Forum.
Shutterstock
AEP Ohio Proposes Revised Data Center Tariff
AEP Ohio submitted a settlement agreement that would provide a buffer on the cost risks of building infrastructure to serve future data centers that may not use as much electricity as they initially propose.
NextEra Energy
NextEra Adds Renewables, Eyes Nuclear Restart
NextEra Energy reported deals for 3 GW of new renewables with its third quarter financials and said it has reached a framework agreement totaling 10.5 GW with two major corporations. 
U.S. Energy Secretary Jennifer Granholm
Attentive Withdraws NY Offshore Wind Proposals
Barely three months after it was launched, New York’s fifth offshore wind solicitation has its first casualty.
PJM
PSEG Announces Route for Piedmont Reliability Project Tx Line

PSEG announced its proposed route for the Maryland Piedmont Reliability Project, a core component of the $5 billion in grid reinforcements the PJM Board of Managers approved in December 2022.

California Conservation Corps
PG&E Gets Mixed FERC Decision on Tx Rates
FERC granted and denied in part challenges to Pacific Gas and Electric’s 2022 transmission rates, finding that PG&E must remove certain costs from its rate base while also denying a request to pause the utility’s ability to recover costs stemming from two fires.

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