Energy Security
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Energy Security
Texas Moves Forward with $5.38B in Loans for 10 GW of New Dispatchable Power Projects
The Public Utility Commission of Texas (PUCT) has shortlisted 17 gas-fired “dispatchable” generation projects—a combined 9,781 MW—that will advance to receive $5.38 billion in loaned funds under the Texas Energy Fund (TEF) In-ERCOT Loan Program. The 17 proposed new projects in the PUCT’s loan portfolio, chosen from 72 applications, now proceed to a “due diligence” […]
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Interview
The POWER Interview: Using Home Batteries to Support the Grid
The Dell name is synonymous with technology and innovation, so perhaps it’s not surprising that a member of that famous computing family is working to solve the challenge of making electricity more reliable and resilient. The technology is distributed batteries, in this case a battery for the home that supports the power grid during periods […]
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T&D
$2.2B for 13 GW of New Transmission Capacity: DOE Unveils Latest Boost for U.S. Grid Modernization
The Biden administration will invest $2.2 billion in eight projects under its Grid Resilience and Innovation Partnership (GRIP) program to bolster the nation’s power grid with nearly 13 GW of new transmission capacity across 18 states. The funding, announced on Aug. 6, marks the second round under the Department of Energy’s (DOE’s) GRIP program, a […]
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International
South Africa Announces Bold Shift to Renewables and Nuclear
Emerging from a historic election that stripped the African National Congress (ANC) party of its majority, South Africa’s new government has indicated it will accelerate the transition to renewable power to
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Trends
PJM Capacity Auction Prices Surge Over Nine-Fold, Signal Urgent Need for New Power Generation
Prices at PJM Interconnection’s 2025/2026 base residual auction (BRA) spiked to $269.92/MW-day for most resources in the wholesale power market, pointing to a tightening supply-demand balance that could have significant implications for the regional transmission organization (RTO). The 2025/2026 BRA—a competitive capacity auction that procures power supply resources in advance of the delivery year to […]
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Energy Security
Risks Associated with Geomagnetic Storms
In May 2024, stargazers and smartphone photographers witnessed a spectacular moment in time over the course of two nights. Social media and news outlets were dazzled by incandescent light plays from around the world—magenta skies gleamed over the city of Vienna, rainbow hues illuminated a lighthouse in England, emerald displays lit up the lakes of […]
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Supply Chains
U.S. Seeks Bids for Domestic Low-Enriched Uranium to Counter Russian Influence
In a strategic move to jumpstart domestic uranium enrichment capacity in the U.S., the Department of Energy (DOE) has launched a request for proposals (RFP) to buy low-enriched uranium (LEU) from domestic suppliers. The RFP will seek LEU through procurement contracts for indefinite quantity and indefinite delivery (IDIQ). It could result in awards of “two […]
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Energy Security
Mitigating EMP and GMD Risks for Power Grid Resilience
Risks posed by geomagnetic disturbance (GMD) and electromagnetic pulse (EMP) events add challenges to an already complex power system environment. But they remain crucial to address. How prepared is the power grid to withstand these powerful natural and man-made disturbances? On the evening of May 10, grid operator PJM Interconnection activated a rare geomagnetic disturbance […]
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Trends
2024 Shaping Up to Be Dramatic for Transmission and Distribution
In a significant push toward modernizing America’s aging grid infrastructure, the Biden administration, in partnership with 21 states, has launched the Federal-State Modern Grid Deployment Initiative. The measure marks the latest triumph for transmission and distribution (T&D), which has seen “lumpy” progress in recent decades. The initiative unveiled on May 28 essentially seeks to establish […]
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News
NERC: Summer Grid Outlook Improved But Still Vulnerable to Extreme Weather, Demand Growth Spikes
All regions across the bulk power system (BPS) are generally prepared to meet resource adequacy criteria to meet normal peak demand this summer, but ongoing concerns about extreme weather events, rapid demand growth, and systemic vulnerabilities still pose significant risks for supply shortfalls and grid reliability, the North American Electric Reliability Corp. (NERC) has warned. […]