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While heating electrification in New England is poised to drive major increase in peak demand, electrifying about 80% of households could reduce the combined cost of the region’s electric and gas systems by 21 to 29%, according to a new study.
NYISO laid out for the Installed Capacity Working Group its proposal to remove operating reserve suppliers that consistently underperform from the market until they pass a requalification test.
The Members Committee was sharply divided on an agreement in principle between PJM and Pennsylvania Gov. Josh Shapiro to institute a cap and floor on capacity prices for the 2026/27 Base Residual Auction and the following auction.
SPP’s Board of Directors has approved a one-time process to quickly add generation so load-responsible entities can meet their resource adequacy needs under the grid operator’s planning reserve margin requirements.
MISO members teed up a discussion on the approximately 57 GW of approved but unfinished generation in the footprint that will be a focal point of MISO’s quarterly Board Week in March.
MISO transmission owners have again taken arguments against FERC’s most recent return on equity decision to the D.C. Circuit Court of Appeals.
Republicans in Congress have introduced a bill that would let dispatchable generation needed for reliability cut the line in the interconnection queues, requiring FERC to draft rules to implement the proposal.
Increased wildfire risk in the Pacific Northwest has spurred utilities to adjust their operations to account for climate change and other contributing factors to better fight and predict fires going into 2025.
Southern California Edison told the California Public Utilities Commission it is reviewing videos suggesting a link between its equipment and the devastating Eaton Fire.
Financial backers of Phase 2 of SPP’s Markets+ have until Feb. 14 to submit executed funding agreements, the RTO said.
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