Dominion Energy plans $603 million in additional transmission spending to serve the unprecedented growth of data centers near Dulles Airport in Virginia.

The Virginia Corporation Commission approved Dominion Energy’s OSW project, but the utility’s CEO said the capacity performance guarantee is “disappointing.”

The Virginia SCC approved a $78.7 million rate hike for Dominion’s offshore wind project, though they warned that ratepayers face the risk of cost overruns.

FERC wants more information to determine whether it should require a 99% confidence level in setting collateral for FTR traders or the 97% level PJM sought.

PJM members approved a change to the Consensus Based Issue Resolution process and received briefings on options for capacity auction parameters.

FERC proposed allowing RTOs to share credit information about market participants, fulfilling a request the grid operators made at a 2021 technical conference.

PJM's proposal to change its capacity offer cap failed to win stakeholders' blessing, but the RTO may submit it anyway, seeking a FERC OK for its next auction.

Consumer advocates, industrial consumers and municipals asked FERC to force PJM to require incumbent TOs to sign agreements on immediate-need projects.

MISO and PJM have four interregional transmission project candidates under consideration this year for their Targeted Market Efficiency Project category.

In an interview, new D.C. PSC Chair Emile Thompson talked about his vision for reaching the district’s goal of cutting GHG emissions in half by 2032.