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December 25, 2024

State & Regional

Admin Monitor
Texas PUC Approves 1st System Resiliency Plan
Texas regulators approved the state’s first utility resiliency plan, a $3 billion proposal from Oncor to bulk up its distribution system over the next four years to better withstand and more quickly recover extreme weather and other events.
West-Wide Governance Pathways Initiative
Pathways Initiative Issues Final ‘Step 2’ Proposal
The Pathways Step 2 proposal offers a blueprint for divvying up functions between CAISO and the RO that backers envision will provide an independent framework for governing the ISO’s Western markets.
EDP Renewables
NJ BPU Updates Proposal for Storage Incentives
New Jersey’s Board of Public Utilities released an update to its proposed Storage Incentive Program that changes how the subsidies for utility-scale projects are determined as the state shoots for 2,000 MW of total capacity by 2030.
Duke Energy
Duke Reports on Hurricanes’ Impact, SMR Plans in Q3 Earnings
Duke Energy reported third-quarter earnings of $1.226 billion ($1.60/share), a dip of about 15% from the same period in 2023, as its utility territories were hit by three hurricanes.
Matt Weldon
AEP CEO: Transmission Provides Foundation for Growth
Newly minted American Electric Power CEO Bill Fehrman is promising to “embrace large load opportunities,” leverage its expertise in 765-kV transmission and deliver more positive regulatory outcomes.
© RTO Insider LLC 
SPP State Commissioners Win Re-election Bids
South Dakota’s Kristie Fiegen and North Dakota’s Randy Christmann have been reelected to their respective states' regulatory commissions, ensuring their future involvement on SPP’s Regional State Committee.
© RTO Insider LLC 
SE Renewable Energy Conference: Will the Southeast Rise Again?
The Southeast’s traditionally risk-averse vertically integrated utilities are now embracing the clean energy transition, driven by economic development in the form of new industry and data centers.
South Fork Wind
Eversource Exit from OSW Drives Q3 Loss
Eversource Energy’s exit from the offshore wind business drove a $118 million loss in the third quarter of 2024, offsetting increased revenue from its electric and gas distribution business relative to 2023, the company told investors.
Duke Energy
NCUC Approves Latest Duke ‘Carbon Plan’ to Expand Renewable, Nuclear and Gas Generation
The NCUC approved Duke Energy's second Carbon Plan and Integrated Resource Plan, authorizing procurements of renewable energy, nuclear and demand response, while calling for its 8,000 MW of coal to be retired in 2036.
Peretz Partensky, CC BY 2.0, via Wikimedia Commons
Data Center Opportunity is Strong, Expanding, PSEG CEO Says
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.

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