Talen Energy
"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.
Pennsylvania regulators hosted several panels to discuss PJM's tightening reserve margins and how the PUC should respond to the situation, which at least promises more high prices in the near future before new supplies can come online.
Stakeholder opinions were sharply divided at the PJM Members Committee’s meeting regarding RTO proposals to allow high capacity factor resources to be sped through the interconnection queue and revise aspects of the capacity market.
On top of its 350 MW of current data center load, PSEG has received formal applications for nearly 400 MW of new data center load and inquiries on over 1,200 MW in data center feasibility studies in new business.
Constellation Energy remains bullish on data centers co-located with nuclear power plants, despite FERC rejecting terms for the expansion of one such agreement in a high-profile ruling.
A common refrain at FERC’s technical conference on the co-location of data centers was that the issue is just part the broader problem of resource adequacy.
FERC rejected an amended ISA filed by PJM to allow an existing data center co-located at a Talen Energy nuclear plant to expand, saying it did not meet the commission's standards for changes from its pro forma rules.
Several public interest organizations have filed a complaint with FERC contending PJM’s capacity market inflates consumer prices by not counting generators operating on RMR agreements as a form of capacity.
A spike in PJM capacity prices and generator deactivations could increase monthly costs in Maryland by as much as 24% for some.
Constellation Energy turned in another solid quarterly report Aug. 6, boosting its earnings guidance for the year and offering a rosy picture for the future of its nuclear power fleet.
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