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January 11, 2025

Generation

Holtec International
LPO Announces $1.52B Loan to Restart Palisades Nuclear Plant
Michigan’s 800-MW Palisades nuclear power plant could become the first nuclear plant in the U.S. to be restarted, helped by a $1.52 billion loan from DOE’s Loan Programs Office.
© RTO Insider LLC
Bumps on the Road to Net Zero Highlighted at EPSA Summit
While their net-zero emission targets might not kick in until the 2030s, the power industry already is dealing with the issues they create, panelists said at the Electric Power Supply Association’s Competitive Power Summit.
SayCheeeeeese, CC0 1.0 Public Domain, via Wikipedia
Last Remaining Coal Resources in New England Set to Retire

Granite Shore Power has reached an agreement with EPA, the Sierra Club, and the Conservation Law Foundation to retire New England's last coal plant by 2028.

EIA
EIA: Western Hydro Output Hit 22-year Low Last Year
Despite record winter precipitation in California, hydroelectric generation in the Western U.S. fell to a 22-year low in the 2022/23 water year, largely due to drought conditions in Washington and Oregon.
© RTO Insider LLC
PJM MRC/MC Briefs: March 20, 2024
The PJM MRC rejected four proposals to rework how the RTO measures and verifies the capacity EE providers can offer into the market.
Entergy
FERC OKs $142M Grand Gulf Settlement with Entergy Arkansas
Entergy will pay its Arkansas affiliate $142.3 million in the latest settlement in the ongoing billing disputes over the utility’s Grand Gulf Nuclear Station.
DOE
DOE Study Adds to Case for Interregional Offshore Grid
Offshore wind is projected to be a key part of East Coast states’ decarbonization and DOE called its two-year study the most thorough analysis to date.
Fluor
Texas PUC Establishes $5B Energy Fund
Texas regulators have adopted a new rule establishing the Texas Energy Fund In-ERCOT Generation Loan Program, a $5 billion fund designed to bring new dispatchable power projects to the state.
Arizona Public Service
FERC Upholds, Clarifies Generator Interconnection Rule
FERC rejected challenges to its new generator interconnection rules under Order 2023, while making minor modifications and extending the compliance date.  
FERC, via Hitachi ABB Power Grids Velocity Suite
FERC: Markets Stable in 2023; Gas Continues to Dominate Mix
2023 began with a mild winter, setting the pace for a relatively quiet year in which natural gas and wholesale electricity prices dropped and the U.S. added a net 26 GW in generation capacity.

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