Markets

A bipartisan group of 12 U.S. senators on Jan. 18 introduced a bill that could freeze the Department of Energy’s (DOE’s) implementation of updated energy efficiency standards for distribution transformers. The Distribution Transformer Efficiency and Supply Chain Reliability Act of 2024 (S.3627) would establish new limitations on federal efficiency rules for specific distribution transformers. Several […]

The Tennessee Valley Authority (TVA) has urged conservation as it grapples with record-high power demand amid extremely cold temperatures and near-zero wind chill over its seven-state region in the Southeast. The federal corporation, a major generator that serves as a regional reliability coordinator, on Jan. 16 said “heavy snow and bitterly cold temperatures” were expected […]

The Electric Reliability Council of Texas (ERCOT) has issued a conservation appeal as it braces for continued freezing temperatures, “very high” demand, and “unseasonably low wind” early in the morning on Jan. 15, just before the solar ramp-up. The grid operator on Sunday afternoon said it expects “tight grid conditions” as temperatures plunge, driven by […]

PJM has urged Talen Energy to delay its deactivation of two of four units at the 840-MW coal, oil, and gas–fired Herbert A. Wagner Generating Station in Maryland until transmission upgrades are put into service around 2028. The nation’s largest regional transmission organization (RTO) on Jan. 10 said it informed Talen that the deactivation of […]

The UK may be poised to become the first European country to launch domestic production of high-assay, low-enriched uranium (HALEU). New funding announced by the country’s government this week signifies global momentum to establish a reliable supply of the specialist fuel that will be required for advanced nuclear reactors. The UK’s Department for Energy Security […]

The history of electric cooperatives is one of individuals striving to improve their local communities. Perhaps the most inspiring electric cooperative formation was initiated by Peggi Timm. Timm, whose accomplishments would fill a library, helped to create one of Oregon’s largest cooperatives, called Oregon Trail Electric Cooperative (OTEC). In 1987, OTEC’s service territory was controlled […]

The growing urgency to address climate change by policymakers, industry, and investors appears to have reinvigorated carbon capture and storage (CCS) deployment. More than 50 CCS facilities at power plants are

To understand what the Electric Reliability Council of Texas (ERCOT) is, it helps to understand how the North American electric power system is configured. The contiguous U.S. is comprised of three power grids or “interconnections.” The Eastern Interconnection reaches from central Canada eastward to the Atlantic coast (excluding Québec), south to Florida, and west to […]

The small modular reactor (SMR) concept has long been viewed by many within the nuclear sector and by policymakers as somewhat of an arriviste—an upstart with bold promises but lacking credibility and a track record. SMRs were touted to save the nuclear industry from its original sins of delays and cost overruns, typical for all […]

The Federal Energy Regulatory Commission (FERC) has unanimously approved the California Independent System Operator’s (CAISO’s) Day-Ahead Market Enhancements (DAME) and Extended Day-Ahead Market (EDAM) proposal, effectively allowing new market options to address challenges caused by increasing system variability and uncertainty in the West. FERC’s decision issued on Dec. 20, for the most part, accepts CAISO’s […]