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October 4, 2024

Generation

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Sierra Club Report Pins New England’s High Prices on Gas Reliance
New England’s over-reliance on gas-fired power is the cause of big spikes in electricity prices this winter, the Sierra Club said in a new report.
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Texas PUC’s Market Redesign Dominates ERCOT Market Summit
Texas regulators' recommended ERCOT market redesign was the primary topic of conversation during Infocast’s 11th ERCOT Market Summit.
PJM Interconnection
PJM Capacity Prices Jump in 5 Regions
PJM capacity prices dropped in much of the RTO for delivery year 2024/25, but ratepayers in five regions will face increases due to locational constraints.
Oklahoma Municipal Power Authority
Texas Lawmakers Push to Save Retiring Coal Plant
Texas politicians are making a last-ditch push to save a 37-year-old coal plant in East Texas that they say has another 22 years of useful life.
AEP
AEP Continues to De-risk the Balance Sheet
AEP reiterated its strategy to de-risk the company and prioritize investments during the company’s quarterly earnings call with financial analysts.
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California PUC Orders 4 GW of New Resources for Reliability
The California PUC ordered utilities to procure an additional 4 GW of clean-energy resources by 2027 and said the state needs 85 GW of new resources by 2035.
PJM
PJM Whitepaper to Highlight Future RA Concerns
New capacity being installed on PJM’s grid may not keep pace with rate of retirements and accelerating load growth, according to a pending PJM whitepaper.
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DOE Announces $2.5B for Carbon Capture Projects
DOE is targeting the dirtiest and hardest-to-decarbonize electric power and industrial plants with $2.5 billion for "transformative" carbon capture projects.
Avangrid
Avangrid Pushes Forward on NECEC, Offshore Wind, PNM Merger
Avangrid announced Wednesday that its net income increased 16% in 2022 over 2021 but projected flat financials in 2023.
DOE
DOE Launches West Coast OSW Transmission Study
Energy Secretary Jennifer Granholm opened the Department of Energy’s Floating Offshore Wind Shot Summit with announcements of DOE’s latest initiatives.

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