After years of low load growth, U.S. grid planners now predict a sharp increase in electric demand, according to a report by consulting firm Grid Strategies.

PJM’s preliminary load forecast for 2024 sees higher growth for both summer and winter, driven by EVs, data centers and state incentivizes for heat pumps.  

PJM has presented a package of transmission projects to address growing data center load and several generation retirements. The proposal, which requires Board of Managers approval, would fulfill the 2023 RTEP Window 3.

PJM presented three shortlisted scenarios being considered in its 2022 RTEP Window 3 to address growing data center load in Virginia and deactivation of the Brandon Shores generator outside Baltimore.

PJM stakeholders approved a load model for the 2023 reserve requirement study during the Planning Committee's Aug. 8 meeting.

The PJM Planning Committee approved documents to explore possible improvements to transferring capacity interconnection rights.

PJM plans to allocate more than 2,000 MW of transmission headroom to generators that requested additional capacity rights under a transitional process.

Dominion Energy said warm weather in the first quarter of this year led to lower operating earnings of 99 cents/share, compared to $1.18 a year earlier.

Demand growth in Northern Virginia's power-hungry Data Center Alley is accelerating, and policymakers are trying to ensure new demand can be met reliably.

PJM stakeholders approved new generator deliverability tests and learned of a 3rd competitive window to address "unprecedented" data center load in Virginia.