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January 5, 2025

January 2025

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Pennsylvania Seeks Lower PJM Capacity Price Cap in FERC Complaint
Pennsylvania Gov. Josh Shapiro filed a complaint with FERC on behalf of the state asking the commission to revise how the maximum clearing price in PJM's capacity auction is determined.
PSEG Renewable Transmission
PSEG’s Piedmont Transmission Project Faces Opposition in Maryland
The Maryland Piedmont Reliability Project is a proposed 67-mile, 500-kV transmission line that could be vital to grid reliability in the state but has already sparked opposition.
CS WIND Offshore
Offshore Wind Industry Girds for 2025, Trump Presidency
President-elect Trump said he would halt offshore wind power development, but how big of an impact he will have on the industry remains to be seen.
Constellation Energy Corp.
Feds Boost Constellation Nuclear Plans with $840M PPA
A first-of-its-kind power purchase agreement will send more than 10 million MWh of power to federal buildings and help Constellation Energy increase the output from its nuclear fleet.
National Weather Service
NERC Pushes Cold Weather Prep as ‘Trough’ Approaches
NERC is calling on grid operators to prepare for extreme winter weather predicted in the first weeks of January.
Minnesota Power
MISO Angles for More Generation, RA Requirements in 2025
MISO will waste no time in 2025 trying to blunt the threat of a shortage that could arrive in the summer months by encouraging new generation and enacting further resource adequacy measures.
Equinor
Equinor Closes on $3B in Financing for Empire Wind 1
Equinor has closed on the finances for Empire Wind 1, a major milestone for a New York project expected to accrue $5 billion in capital costs over the next few years.
The White House
How Much of the IRA Can be Saved in 2025?

As they prepare to leave office, Biden administration officials remain confident that IRA funds already committed by DOE will be impossible to claw back by the incoming Trump administration.

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Utilities Seek Rehearing of Order 1920-A’s Accommodations for States
Investor owned utilities have filed requests for rehearing of Order 1920-A, arguing accommodations for states intrude on their rights to file rates under the Federal Power Act.
BLM
NV Energy’s Greenlink West Poised for Progress in 2025

With approvals falling into place for NV Energy’s Greenlink West project, construction of the 472-mile transmission line is expected to ramp up in 2025.


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