November 23, 2024

Company News

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.
Jim Richmond, CC BY-SA 2.0, via Wikimedia Commons
DC Circuit Affirms FERC Ruling on Seabrook Circuit Breaker Dispute
The D.C. Circuit Court of Appeals affirmed FERC’s ruling that NextEra Energy is responsible for replacing the circuit breaker at its Seabrook Station nuclear plant to accommodate the interconnection of the New England Clean Energy Connect transmission line.
Shutterstock
Exelon, Constellation at Loggerheads over Data Center Co-location
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
Bipartisan Policy Center
Nvidia CEO Huang Explains What’s Behind AI’s Energy Demand
Nvidia CEO Jensen Huang explained why AI is driving such high demand for electricity and how it could benefit the power grid, and society more generally, in the near future.
The Brattle Group
Brattle Paper Weighs Pros and Cons of Utility-owned Generation in NY
Allowing utilities to own generation again in New York state could speed up their deployment, according to a Brattle Group white paper prepared for Consolidated Edison.
© RTO Insider LLC 
Dominion CEO Says Virginia Well Poised to Meet Growing Demand
A growing economy driven by new data centers has demand surging in Dominion Energy’s utility territory, CEO Robert Blue said in a speech.
DOE
Constellation to Reopen, Rename Three Mile Island Unit 1

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.


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