January 31, 2025

Company News

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PJM Asks FERC to Eliminate Energy Efficiency from Capacity Market
The Independent Market Monitor has argued energy efficiency can’t participate as a capacity resource because the load reductions already are accounted for in PJM’s load forecast.
DNV
Study: HVDC Needs Standards to Take off in US to Aid Offshore Wind
Before the use of HVDC transmission lines can be expanded in the U.S., the offshore wind industry needs to set some standards, according to a joint company survey.
Tri-State G&T
USDA Program Offers $7.3B to 16 Rural Cooperatives
The U.S. Department of Agriculture announced more than $7.3 billion in financing for 16 rural cooperatives through its New ERA program.
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Texas PUC Rejects Possible ‘Fraudulent’ Loan Application
Texas regulators have rejected the second-largest project from its portfolio of potential generation resources that would be built with state funds.
Shutterstock
Mass. DPU Approves 1st Round of Utility Grid Modernization Plans
The Massachusetts Department of Public Utilities approved grid modernization plans from electric distribution companies to handle increasing electrification and the deployment of distributed resources.
The Brattle Group
Brattle New Mexico Study Shows EDAM Benefits Outpacing Markets+
A new study may dispel the notion that New Mexico utilities must follow the day-ahead market choice of their Arizona counterparts in order to realize benefits from market participation.
Black Hills Energy
CAISO’s WEIM Plucks Black Hills Utilities from SPP’s WEIS
CAISO scored a geographically small but symbolically significant victory with the announcement that two Black Hills Energy subsidiaries will move to the ISO’s Western Energy Imbalance Market.
National Grid
National Grid Lining up 70-plus Transmission Projects
National Grid’s Upstate Upgrade is a portfolio of more than 70 projects announced in March that will continue through 2030 at a cost of more than $4 billion.
King of Hearts, CC BY-SA 4.0, via Wikimedia Commons
Court Sides with PG&E in Long-running San Francisco Dispute
The D.C. Circuit ruled in favor of Pacific Gas and Electric in the latest twist in a nearly two-decade dispute with the San Francisco over a distribution system wheeling contract between the two entities.
Basin Electric Power Cooperative
FERC Rejects Basin Electric Proposal for Crypto Rates
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.

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