Regional Winter Assessment Indicates Portion of MRO Region at High Risk This Winter
Midwest Reliability Organization's 2023-2024 Regional Winter Assessment (2023 RWA) finds that portions of the regional bulk power system are at high risk...
Coal Generation Decreased in 2022, but Overall U.S. Emissions Increased
U.S. coal-related CO2 emissions decreased by 7%, or 68 million metric tons (MMmt), in 2022 relative to 2021. This decrease was largely due to an 8% decline...
Lower CO2 Emissions Are Partially Due to Shifts in Power Generation Sources
We forecast the U.S. energy sector to emit about 4,790 million metric tons of carbon dioxide (CO2) in 2023, a 3% decrease from 2022. Much of this decline...
BlackRock Nabs $1B for Energy Transition Infrastructure Fund
The Evergreen Infrastructure fund aims to invest in businesses focused on energy security and has already acquired a portfolio of renewable investments...
JPMorgan to Include Low-Carbon Power Generation in Climate Risk Calculations
The bank said it would reduce financing in the oil and gas sector and increase financing for zero- and low-carbon power generation as part of its new...
DOE Announces $42 Million to Strengthen Reliability, Resiliency, and Affordability of America’s Power Grid
Funding for 15 Research and Development Projects Across 11 States Will Bolster Efficiency of Grid Operations and Prevent Outages, Supporting President...
Winter Storm Elliott Report Highlights Reliability Impact to Electric and Natural Gas Infrastructure
The Federal Energy Regulatory Commission (FERC) jointly with the North American Electric Reliability Corporation (NERC) released a final report on the impact...
ERCOT Drops Plans to Add 3 GW for Winter Reliability after ‘Zombie’ Power Plants Fail to Bid
Looking ahead, the grid operator said it believes there is "tremendous potential in expanding demand response capabilities" to help keep the Texas grid...
Minnesota Power Requests 300 MW of Solar by 2027
Minnesota Power issued a Request for Proposals (RFP) for up to 300 MW of solar energy to come online by 2027. The RFP follows the approval of the utility's...
Biden Announces $3.9B for Grid Modernization as Climate Report Warns of ‘Insufficient’ Adaptation
The Biden administration announced a total of $6 billion in funding for climate resilience on the same day it released the fifth national climate assessment...
Duke Energy Initiates First Test of End-to-End Green Hydrogen System at Its DeBary Power Plant
Company officials say the project will help Duke Energy evaluate how hydrogen could fit into the utility's future operations, Duke Energy has announced plans...
Texas Energy Market Watchdog Resigns as Regulators Seek More Control over Monitor’s Role
Carrie Bivens resigned as director of Potomac Economic's eight-person ERCOT monitoring team "to pursue other opportunities," the firm confirmed Friday...
Much of North America Faces ‘Elevated Risk’ of Blackouts in Extreme Winter Conditions: NERC
Climate change, rising energy demand and natural gas dependence mean "a massive grid disruption is inevitable," said Mark Spurr, legislative director at the...
Tesla Plans 30MW Rooftop Solar System on Austin Factory
A 30MW rooftop solar installation currently under construction at Tesla's factory in East Austin, Texas would be the largest in the world when complete...
Dominion Lowers Cost Estimates for Power from Offshore Wind Farm, Seeks Possible Partner
Dominion Energy announced during its Friday third quarter earnings call that it had filed with Virginia regulators an adjustment to its levelized cost of...
ACP Statement on Boem Approval of Coastal Virginia Offshore Wind Project
The American Clean Power Association (ACP)issued the following statement today from JC Sandberg, Chief Advocacy Officer after the U.S. Bureau of Ocean Energy...
FERC Issues New Grid Reliability Guidelines for Inverter-Based Resources
The Federal Energy Regulatory Commission (FERC) has directed new reliability standards to protect the grid as the nation makes the transition to expanded use...
Vineyard Wind Reaches $1.2B Tax Equity Deal with U.S. Banks
The Vineyard Wind 1 offshore wind project in Massachusetts closed a $1.2 billion tax equity package for commercial scale offshore wind with three major banks...
Solar and Wind Power Curtailments Are Rising in California
The California Independent System Operator (CAISO), the grid operator for most of the state, is increasingly curtailing solar- and wind-powered electricity...
DOE Issues Draft Plan for Speeding Up, Improving Grid Interconnections
The draft road map goes beyond the Federal Energy Regulatory Commission's recent interconnection reform rule, in part by calling for fast-track...
New Mexico Approves Early Closure Agreement for Xcel’s Coal-Fired Tolk Power Plant
Under the agreement approved by New Mexico regulators, Xcel will only run Tolk "when it is economically beneficial for customers," the Sierra Club said...