DOE awarded Constellation a $1 billion loan for its Crane Clean Energy Center project, which will cut financing costs for the nuclear unit restart.

PJM stakeholders are to vote on a record-breaking number of proposals on how the RTO should integrate large loads without impacting resource adequacy.

PJM has withdrawn its non-capacity backed load proposal, shifting the focus of its solution for rising large load additions to creating a parallel resource interconnection queue and reworking price-responsive demand.

Columnist Peter Kelly-Detwiler writes about the explosion of data center load requests and the enormous risks to utilities and ratepayers of overbuilding assets.

The data center dilemma centers first on a familiar mismatch of timescales. Utilities and their regulators tend to plan based on the small, incremental demand growth. But development and the power demand it generates move at ever-increasing digital speed.

"Deep, collaborative partnerships combined with creative problem-solving are the only way we can meet the explosion of AI growth, as well as society's accelerating electricity demand," said Sheldon Kimber, CEO of Intersect Power.

The power industry should encourage increased collaboration and transparency to address the many challenges posed by major new loads, presenters said during NARUC's 2024 Annual Meeting.