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November 26, 2024

State & Regional

Pacific Gas and Electric
PG&E Foresees Strong Growth from Electrification, Data Centers
California’s “leadership in electrification” will be a key driver of Pacific Gas and Electric’s expected customer growth over the next five years, CEO Patti Poppe said during an earnings call.
Dominion Energy
Dominion Sells 50% of Coastal Virginia Offshore Wind to Stonepeak
Dominion Energy reported earnings of $2 billion in 2023 and announced that it has closed on an equity partner for its Coastal Virginia Offshore Wind project. 
EPA
Supreme Court Skeptical of EPA’s Good Neighbor Plan
The U.S. Supreme Court’s conservative majority appeared inclined to pause the Biden administration’s Good Neighbor Plan, an EPA rule to limit ozone-forming nitrogen oxide emissions from power plants and industrial facilities in certain states.
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Overheard at Infocast’s 2024 ERCOT Market Summit
Infocast's annual ERCOT Market Summit fell during the third anniversary of the devastating February 2021 winter storm, giving speakers plenty of fodder for discussion.
RMI
RMI Report: GETs Could Speed Renewable Development, Save Consumers Billions
An RMI study about grid-enhancing technologies on the PJM grid found they could save consumers hundreds of millions of dollars a year and speed renewable development.
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FERC Approves Rate Incentives for NJ OSW Transmission
FERC approved four rate incentives to Mid-Atlantic Offshore Development to serve offshore wind in New Jersey under the State Agreement Approach with PJM. 
PPL
PPL CEO Talks Energy Transition on Q4 Earnings Call
PPL plans to invest $14.3 billion in capital spending from 2024 to 2027, which would strengthen reliability and resiliency while enabling more clean energy and keeping a lid on costs for customers.
NYISO
NYISO Operating Committee Briefs: Feb. 15, 2024
NYISO’s Operating Committee voted to approve the results from the Expedited Deliverability Study (EDS) 2023-01 report that included 16 projects, two of which were found to be undeliverable.
Energy Harbor
FERC Approves Vistra Purchase of Energy Harbor, Requires Divestment
FERC approved Vistra's purchase of Energy Harbor, which will allow Vistra to set up a new clean generation/retail firm while spinning off the combined firms' fossil plants into a separate subsidiary.
Con Edison
ConEd to Invest $20B in Tx and Climate Resiliency Through 2028
Consolidated Edison will invest nearly $20 billion over the next four years in transmission infrastructure as part of its Reliable Clean City initiative and to mitigate climate vulnerabilities.

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